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- the ONLY similarity between Rapid Reading and Traditional Reading is that both start at the beginning of a book chapter/article and end at the end of the book chapter/article.
Yes. The ONLY with emphasis on only.

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So you are essentially reading everything word for word (no skipping of sentences or paragraphs from the chapter or article).
No.
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Both are conscious reading and there will be sub vocalizations in both methods: Is this right?
The difference between traditional reading and rapid reading: With Rapid reading you use any and all reading techniques as needed. All activation techniques and all traditional reading techniques are available to you as you rapid read. I recommend reading the subject in the PhotoReading book to get a better understanding.

Superread Run your eyes down the page look for areas that pull you in to dip. Don't waste time in dipping, Decide quickly if the information you are looking at is answering your question or not and move on. You'll see more than trigger words if you have formulated questions. Pretend you're superman searching for Lois lane and there are decoys. You think you see her, you dip, decoy? Get a move on Lois needs rescuin'. Yep, dip is when your slow poke conscious mind feels like its getting something.

Skittering, read first sentence of the paragraph then look for words that add to the meaning. Think of an ant looking for water, it starts on the usual trail then they scatter to find new paths.

Let go of Trigger words after you start activating, trigger words are just 'triggers' to build your curiosity and get you to read the book 'your way'.

If you don't 'understand much' after activation it means you started activating without a purpose and questions for the author. Look to get answers to your questions by forming questions to ask the author.