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The Purpose of Technical analysis is not to be able to accurately identify each and every market position all the times. The real objective of technical analysis is to find those trading opportunities that have a high probability of success.  

                                                                                                                                           Robert Miner 

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Luck exists.But the able man act so as to minimize bad luck and augment good luck.                                                                                                                                    Dickson G Watts

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