Technical Analysis - Beginners Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical Analysis - Beginners

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PeterS who wrote (8298)	5/24/1998 10:20:00 AM
From: F Robert Simms	of 12039

That was a very good question. I am sorry that more people didn't respond. I am still new to TA but I will give you what I got. There is a guy on the Real Trader list server that just finished a 3 month contest. He had over a 200% return. He traded SP500 and commodities with TA. His comments lead the impression that this was common for him. He came in second and said that he rarely would win, but would usually be in the top 10 in contests like these. Can we expect these kinds of returns. Not likely! Most of us have flaws (greed, hope, etc.) that would keep us from doing as well. Is TA useful? YES! A first recommendation is to do what you do now but use TA to time your entries and sells. The Visual Investor book and the CANSLIM book would be the first choices for timing information. That should help your return. You might go to Big Charts and look at what the indicators were telling you when you bought and sold the stocks you did. Would they have helped or hurt your decisions? Best Wishes, Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next