|
Opinions, like indicators, the more you have the
more difficult it is to make a decision. If you are contemplating
trading a new entity an opinion might be helpful, but someone second guessing
you in a trade is really not the way to go.
I would be willing to wager if I put up an
opinion there would be just as many that agreed as there are those that
disagreed. The reason is that there is always an up move and a down move
on any chart. You give me the up move and I will give you the down move
and vise versa. So the contrarian would always cause the trader to
question the trade.
No one that I know of is 100% correct and the one
time someone follows your advice is usually the time you are wrong.
If someone has entered a trade and it is losing a
trade and he followed all of his/her signals and wants an opinion on why it
failed, there could be progress there. At that time input would make one
look at some other aspects of his trading system or psychological outlook.
I know someone that would paper trade 100% winners and every time he put money
up he would lose. So everything can be right but the trader.
Should I trade this commodity or stock is a valid
question as to its liquidity and volatility. Also to elicit any particular
quirks that the item might have. Or there might be an alternative that
offers the same amount of profit with a reduced risk. All legitimate
questions that can be answered to the benefit of a trader.
Just one man's opinion. Ira.
----- Original Message -----
Sent: Saturday, May 20, 2006 12:19
PM
Subject: [RT] post questions
hello
you are about to make a trade?
before making it
post it
get a second opinion
the answer will be posted with charts to explain
reasons why yes or no
Ben
No virus found in this outgoing message.
Checked by AVG Free
Edition.
Version: 7.1.392 / Virus Database: 268.6.1/344 - Release Date:
5/19/2006
SPONSORED LINKS
YAHOO! GROUPS LINKS
|