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Kevin,
I'm also new, but willing to put in the
work.
Also have been doing a bunch of stuff on Gartley
patterns, which seem to get you into the trades earlier than the DRPO, B&B
etc.
Fibonacci, Gartley, DiNapoli, all seem to be
convergent techniques, so I guess it just means more study and practical
application until it comes together.
Lots of exciting stuff to learn.
Did you get any answers back on the Qchart detrend
oscillator query from anyone?
JdF
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Kevin
Bryant
To: <A href="mailto:dlevels@xxxxxxxxxxx"
title=dlevels@xxxxxxxxxxx>dlevels@xxxxxxxxxxx
Sent: Wednesday, January 24, 2001 11:47
AM
Subject: Re: [dlevels]
Well, that's reassuring. I figured you
pro's were looking down your noses at me. :-) Just a
beginner.
Neal would say that I'm wasting my time doing
studies. I've found that I gotta prove to myself what the statistics are
for what I trade so I can come up with some rules that will give me a positive
expectancy. I don't know enough about trading to see the nuances that
allow the kind of judgment necessary to trade with other than with rules that
I blindly follow.
It's looking like I've about got something going
with my own particularly version of "Gartleys", another fib based
formation. I haven't given up on Bread and Butters and DRPO's, but I
need to study them again with a better understanding of the rules than what I
had had previously. Neal's tips about the MACD ought to help. I
like the Gartley because it seems to come up more often than the others.
Always studying something and refining my own rules. More than you
wanted to know. :-)
Kevin
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Thanks much, Kevin. This seems to have
worked. What are you trading? Please share charts with us again,
I really enjoyed it when you did.
Max
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