[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: [RT] post questions

PureBytes Links

Trading Reference Links
Ira,
 
If he failed because he didn't follow his signals then he knows why he lost.
If , however, objective supports for up and down were of equal strength and he followed his signals and he lost, then somebody's input won't help because going either way was rational.
Still, Ben's method might be better than the other guy's, so it's up to him to take the advise or not depending how he feels about his trading. But he might also get totally confused, so, it depends  on quite a few factors and, I think, there is no one good answer for all situations.
 
Just another man's opinion.
Jan Philipp
----- Original Message -----
From: mr.ira
Sent: Saturday, May 20, 2006 12:46 PM
Subject: Re: [RT] post questions

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 -----
From: Ben
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
Business finance uk Business finance course Business finance online course
Business finance class Small business finance Business finance schools

YAHOO! GROUPS LINKS