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Andre :
Never ever put your eggs in one basket ! , if
some steals it
you donot have any eggs left or ?
What you would do here is ignore the most important
financial rule :
!!!! money management
!!!!
( this is much more important than the technical
aspects of your system
believe me !)
Now we could make it very complicated with
formula's etc
but it really is a question of
diversification. (and logical use of your brains or ?)
What i do f.i. is never ever risc in one trade more
the 1/20 of
my capital , and with using stoploss etc the
changes that i get broke
are minimilized : it is already difficult enough in
these markets or ?
So : they tell you it is simple and you maybe
believe them but
that is not
what my experience is : even with good technical indicators
(which you have to
choose yourself in a learning proces)
it is difficult
.
start little , plan your trades, paper trade
Avoid losing money.
see what your emotions are when you are in a trade
!
Good Luck
Theo
P.s. to go broke is very easy, to survive is
another game !
<BLOCKQUOTE dir=ltr
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Andre
Fleury
To: <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx
Sent: Tuesday, August 27, 2002 9:17
PM
Subject: Can it be this simple
Being a novice at technical analysis, I was
wondering if some could help me with the following proposal. If I was to take
my entire porfolio and trade either the QQQ or DIA using a simple 30 day
moving average, would I be a success or a failure. Seems to me that it is a
profitable system
Andre
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