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Re: Which holds best promise?



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isn't position adjustment and stop management are functions
of the statistical behaviour of prices after a specific pattern
occurred?!

-Lawrence Chan

----- Original Message ----- 
From: Alan Courchene <positionsize1@xxxxxxxxx>


> I would prioritize them this way:
> 
> 1) Position adjustments  (POSITION SIZE)
> 2) Stop management  (RISK MGMT)
> 3) Pattern recognition (ENTRY)
> 
> 
> IMHO,
> One and two are key!
> Three is far less important.
> 
> Alan C.
> 
> 
> 
> --- TradeWynne@xxxxxxx wrote:
> > In a message dated 2/15/00 11:38:43 AM Pacific
> > Standard Time, 
> > Valinda48524@xxxxxxx writes:
> > 
> > > Which of the following trading approaches holds
> > the most potential?
> > >  
> > >  1) Position adjustments  
> > >  
> > >  2) Pattern recognition
> > >  
> > >  3) Stop management
> > >  
> > 
> > Valinda:
> > 
> > Why are any of these mutually exclusive? 
> > I would do my best with all three.
> > 
> > Bill Wynne
> > SmartTrades.com
> > 
> > 
> 
>