Question 77—A Decision-Making Tree

Answer 4 Selection “What kind of record-keeping will you perform for a trade?” is incorrect.
Good record-keeping is extremely important—it is the foundation of successful trading. The records of a serious trader must address the issues of record-keeping, choice of software, and psychology. Decision-making trees are built on this foundation but deal with specific trading issues, such as entries, exits, and position sizing.

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