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Strategies & Market Trends : Let's Talk Technical Analyisis (TA)
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To: D. Chapman who wrote (111)1/2/2002 11:14:56 PM
From: MechanicalMethod  Read Replies (1) of 178
 
His strength is NLP a strong form of behavior modification. The best even. It picks a modality and location within a recurring script and with a slight change permanently alters the outcome after a few repetitions. Kool but I don't know that it can be absorbed unless there's already interest and it's basically life management skills but focused on trading related problems.

I'm skeptical and need money mgmt or other tangibles. If it's a trailing stop hung from a high it's the stuff systems are made of. I can do without the psychology because I already understand it. Even the best models presented for distribution aren't worth comparing to what anyone can come up with by just developing some simple observation skills. On a time basis I get little out of any TA discussion other than working directly with charts developing stuff.
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