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Re: GEN: 3 Significant Influences in Trading



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At 08:33 AM 3/31/98 EST, Bbbazusa wrote:
>Traders.
>
>1.  We have had, what are the 3 indicators to use, 3 money management
>sttrategies to use, 3 best books, how about  " 3 significant influences in
>their trading experience."
>2. I have only been at this 2 years, but I am slowly turning the corner, so I
>will start the ball rolling.
>
>a. Ken Roberts Pamphlett in the mail
>b.  Multiple Time frames - an article in TASC by Robert Krausz, 
>
>c.  Stop and Reverse - I have lost most of my big bucks, by not being able to
>emotionally get out, and hoping. If I would have stopped and reversed, I
would
>have made a ton. I am now incorporating a stop and a stop and reverse. ie if
>the market is not going up it is probably going down ie you are wrong so go
>with it. If it just hits congestion, then you probably can get out close to
>where you get in. By working on this. My losing trades have been neglible
$$$,
>or at least manageable, more recently, and for once in my trading experience,
>my red ink is slowly, and steadily disappearing. Still a ways to go.
>
>Glad to hear from others,
>
>Edgar
>

Edgar and all:

I don't know about a and b, but now we have another endorsemenet of the
"follow the trend" method.  I love it.   

Just one question: When do you go against it?

petena
petena9090@xxxxxxxxxxxxxx