A GOOD TRADER:

 IS QUICK TO SENSE A TREND IN THE MARKET, CAN CONCENTRATE ON TIMING A POSITION,AND, OVERALL, SITS BACK AND ANALYZES WHAT THE MARKET WISHES TO TELL HIM, RATHER THAN ENTER THE MARKET WITH A FIXED VIEW.

 THE JOB OF A TRADER

 IS TO READ THE MARKET AND READ THE MARKET ONLY. LIVE AND BREATHE THE SENTIMENT OF THE MARKET AND READ THE SIDE OF THE MARKET THAT WILL PARALYZE THOSE THAT HAVE ALREADY DECIDED WHAT THE WILL DO . DONT YOU DECIDE WHAT THE MARKET WILL DO ; SIT, WAIT , BE PATIENT FOR THE MARKET TO INDICATE ITS NEXT MOVE BY THE WAY IT ACTS AND REACTS.

                                                                        ROBERT WALKER

                                                                        CHIEF TRADER CURRENCIES

                                                                        MACQUANIE BANK

                                                                        SYDNEY, AUSTRALIA