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> I seem to learn everything the hard way in trading. <
Wow, I'm not alone in the universe after all. Last year I entered
a seasonal commodity commodity that had not lost money in 15 years. I
traded into a perfect bull trap and got my clock cleaned. (er, that is,
got my pocket cleaned). That trade was perfect 3 weeks later. Which leads
to the point: a 15yr average means that half the time the trade was later,
and half the time the trade was earlier. Most of the time a 15yr avg
cannot time entry. In fact, an "average" year would be an anomaly. It's
good
to know that prices have seasonal tendencies, it gives something to
anticipate, but, like weather forecasts, WHEN is as important as WHERE.
Michael
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