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Title: Know when to stay out!
Review: Definately a logical approach to every trading with proven methods by Mark, but it is also a reminder of basic every day being on the thread mills of the market. I especially like the rubber band trading, knowing you ACDs value, daily pivot ranges, and most important to stay away when the morning ranges to prove or valid an entry, either short or long. Measuring and monitoring risk are worth a read, but most important (and this is nothing new) an important rule of trading is that time is much more important than price any time.
