Puddle,
I have no problem doing that on this thread; however, talk seems to be a debate over whether to use BeeSoft's ProTA, Trendsetter's Personal Hotline or Linn Whatever's Son of Ticker Watcher (reminds me of an old horror movie). My opinion: Don't like and have no use for Linn anything after speaking to reps of the company. I don't think the people are user friendly to people. I used Personal Hotline for a very long time, a few years, but don't like the way the program works, funny prompts, etc. Did like the list capability though. I switched to ProTA because I believe it uses the system and the graphics capability of the Mac to advantage. The bonus is it's also programmable. Also, when Dial Data had a system crash several months ago, Jeff at BeeSoft E-mailed me (and everyone else who owns ProTA ) and told us it happened and gave us the fix. Now that's a user friendly company. By the way, I didn't hear from Jeff at Trendsetter. That's my opinion on that – ProTA all the way. Any discussion about ProTA and the Gold programming language leaves everyone else out. OK, let's see if there are any takers.
By the way, what do you use, Puddle. As I recall, you use Personal Hotline, but also invested in ProTA. Am I right?
Opinion on stops, and this is only an opinion.
Have you ever read "How I Made $2,000,000 in the Stock Market," by Nick Darvas? He has an interesting read on that. He trades in a box, similar to support and resistance lines. He buys when a stock makes a new all time high, breaking through a resistance line. Have you ever heard the rule: Resistance, once broken, becomes support, once tested. Darvas basically places a stop-loss just below the bottom of the box – just below the resistance line. I'll buy that.
-- Dow Beater |
