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Relative Strength

The Compound and Friends

CHAPTER

The Importance of Discipline in Trading

Michael McDonald: "I peek in March. That's like my season" He says each of us has our own degree of how we manage risk and sometimes it's easier for me to make money for others than other times. But you have to have discipline, he adds. The first chart is by the dip market; then there are a number of indicators that fit well with his view on the world.

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