Zeus Lee talks on stock trading entitled Mind the Gap: Gap between knowledge and Execution Shares 4 types of trader/ Stages of trader progression Quadrant 1: low win rate, low reward risk ratio Quadrant 2: High win rate low reward risk ratio Quadrant 3: Low win rate, high reward risk ratio Quadrant 4: High win rate, high reward risk ratio The highly regarded trader is the Photoshopped trader - deep understanding of his/her technicals - proper management of risk - application of winning intangibles Confidence is when you know you are going to win the war and get out alive whatever the outcome of a thousand battles. The Knowledge understanding Trend Structure and the Momentum Line Dow Theory (limited on what the theory says about price) When you are on an uptrend, the price structure is you have high, low, higher low, higher high When you are on a downtrend, the price structure is high, low, higher low, higher high When the trend is sideways, there is ranged high...