Why Psychological Value Is All That's Important

All technical systems, all trading systems are just ways of encapsilating psychology in a moment in time. And what we've seen the last two yearsis that psychology shifts really darned fast. The money itself is a meaningless psychological counter too, exactly. That's all it is. It i it's a symbol. You can use it well or use it poorly. I think also it's reall easy to forget how quickly it changes. Remember how quickly things changed in 19 87 and 19 88? Even the fit ofthe global financial crisis wasn't that long ago. Our entire trading infor structure, does not work the same way it did before. We do these massive changes to the