Re: [RT] Charting Equity -- Example

["Norman Winski" <nwinski@xxxxxxxxxxxxxxx>]

BKV,
 
  I suggest making it look more like a stock 
or commodity chart. Then you can add trendlines and look for price 
patterns.
 
Chartingly,
 
Norman
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Brian Keith 
  Voiles 
  To: <A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx 
  Sent: Sunday, May 06, 2001 8:07 PM
  Subject: [RT] Charting Equity -- 
  Example
  Dear Experienced RealTraders,Is this a good way to 
  chart my equity?  If so, am I to assume that once my accountbalance 
  gets near $25,000 I should consider myself "overbought" and I therefore need 
  to become more cautious?  These are my actual results over 
  the last month... you can see Ihad a pretty big "draw-down" on April 24th 
  and 25th... the 2 days following a nice runup in equity.  
  Should I chart each trade?  This is a chart of daily 
  results... but I'm thinking that chartingeach trade would be more 
  valuable.  Should I add a 20-period Moving Average, stochastics, 
  RSI, etc... all to help me know when I'm most likely to hit some 
  losses?  Should I read a book to learn how to do this 
  correctly?... if so what book is recommended?Thank you for your valued 
  input... I know I have a lot to learn.Warmly,Brian Voiles To 
  unsubscribe from this group, send an email 
  to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour 
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