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Readers reviews of Seeing Tomorrow

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This is a very disappointing book from a traders perspective and even from an investors perspective. The concept of risk, reward and Regret is useful and can be developed for trading. Unfortunately it is not developed, and the book concentrates on how the flow of risk is continuous. This determines his management models, which concentrate on controlling risk by reducing uncertainty. There is no discussion of the way risk is controlled by entry and exit conditions within a continuous flow. The result is that much of his discussion and concepts are quite irrelevant to the problems traders face in deciding and managing risk. Traders who think about risk in the way the authors suggest are likely to be disadvantaged in the market.

 

 

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