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What Are You Paying Attention To?
When a sailor takes a fix, he's doing something called DR, dead reckoning beforehand. You're not actually seeing where the star is or where the sun is. Just like navigational charts, your dead reckoning will not always agree with where your fix is. And then you have to readjust your fix. This is just one point of analysis and with more and more day traders moving to the options market to sort of buy their daily Lotto tickets.