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Ask most traders what are the possible outcomes of a trade, and they will inevitably give you a binary answer: you either win or lose. But if we think about it for a second, there is actually a third choice.
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A while back, an article in Institutional Investor reported that money managers actually generate alpha and outperform the market.
Mark Douglasโs โTrading in the Zoneโ is a seminal classic of trading psychology.