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I agree. The more time you spend away from what you are actually trading
(your specific commodity and it's price action), the worse your trading
results will be. This applies to all endeavors outside of actual trading
:studying moon cycles, reading tea leaves, studying seasonals, listening to
sky jockies (astrology), working on the perfect moving average, looking for
an indicator that will "predict" price action for you ect, ect. Learn to
read the tape. Defy human nature and do the hard part first (picking up the
phone, placing the trade, managing the risk, exiting trade with profit or
loss). Then AFTER you master the art of trading you can add indicators or
whaterver you think will enhance your performance. The reason so many new
traders look for the holy grail is because it delays the actual process of
learning how to trade. Trust me, I am speaking from actual experience.Happy
trading.
----- Original Message -----
From: "Doug Penny" <pennyd@xxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, July 26, 2000 11:34 AM
Subject: [RT] Re: The Spiral Calendar
>
> Big waste of time
>
> Doug
>
> Steve Walker wrote:
>
> > Anyone read The Spiral Calendar by Christopher Carolan? Any value?
> >
> >
>
>
>
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