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Masters of PROP: Risk Software For Your Brain

BY KEVIN COOK | JUNE 04, 2009 | 11:01 AM | 0 COMMENTS

In the preceding three articles on "Probability and System Trading," I established that at the core of long-term success for short-term traders is the fundamental knowledge-skill set of understanding and applying probability dynamics.  Without a solid grasp of probability mechanics and associated risk concepts, the trader is lost at sea, destined to be thrown about and eventually wrecked.

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