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How do successful traders make better decisions?
Better System Trader
Understanding the Mistakes of Other Traders
"It's really hard to read the markets, but just understand," he says. "When you start understanding how people think in the markets, which is basically how we thought as amateurs." When a market goes up or down, an experienced person can take advantage of it and capitalize on its moves. But don't try to buy into falling markets all the time because they'll be thrown out by other traders who are trying to short them.
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