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Strategies & Market Trends : DAYTRADING Fundamentals

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To: TraderAlan who wrote (5586)11/21/1999 10:15:00 PM
From: OZ  Read Replies (1) of 18137
 
I agree with everything you just stated. I just do not like it when people decide to fade something just because a bunch of losers see it as a holy grail. There is no single holy grail. The only holy grail is the synergistic sum of all the pieces that we all talk about as a group. I also hate this crap about not looking at what the market is doing, but ONLY what yours stock is doing (not one of your comments). Sometimes (always) people feel that if they have something that works for them, then they can apply its validity globally. By the way, most of all my efforts have gone into T/A and stock picking. Then they went into emotion and psychology, then money management and now the next step for me being a better trader is learning how to deal with the losers through better execution and how to get into a position more effectively on the breakouts to increase the risk/reward and not have to chase the stock.

OZ
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