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Ron Stockstill,
"Stock entry: try a random entry. Most systems are not much better than
that."
Shame on you. Isn't that among the first things you should arrive at?
Maybe at least a moving average turn up? Or an MACD cross up through zero?
If this isn't the case, why waste money on any of these programs --- just
use a dart board, or a flip of a coin.
My hunch is that there is a finite and small number of 'ideal circumstances'
in which to enter long, and these may change slightly over time. It is the
task of the TA to discover these locations, and to do so quite consistently.
And, incidentally, many different indicators seem to point to essentially
the same 'sweet spots' --- to use a metaphor, it would be like many
different photographers shooting the same celebrity positioned somewhere
among them; basically one could subsequently recognize the person, it's just
that the different photos would show various perspectives and angles. The
essence of the celebrity, however, remains.
Nicholas
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