I agree with that. I stopped spending my day trying to be a programmer and started trading.
This past year has been my best, the last six months were the best part of that year, the past month was the best month.
Call options on SKF, puts on LEH are examples of what has been working for me recently.
Rik Rasmussen
On Thu, Jul 31, 2008 at 8:47 AM, sidhartha70
<sidhartha70@xxxxxxxxx> wrote:
Louis,
Here's my tip... worth it's weight in gold. I've been doing this for a
long time...
Stop looking for the holy grail system... learn everything you can
about trendlines, support & resistance and the old tape reading skills
and you will be miles ahead of 'system developers' in terms of
actually understanding the markets and becoming a better trader.
Too many people spend far too much time trying to develop a 'system'
rather than becoming a better trader.