bob - after reading the ross hook book again, i'd say that there's not as 'imperative' a need to get that one. i'll keep mine, but probably sell it in a year or something...
i've recently purchased both of barry rudd's "stock patterns for day trading" books, and some of his stuff helped me out, while some of the things i had formulated 'worked for me', it almost reinforced it to see it in print. most of each book is charts - and volume 2 is more advanced than volume 1...
good luck with the SPOOS! me, i'm still developing a reliable system for stocks; the stocks that get filtered change every day, but it works early on and midday. when i let my guard down or try to get too many positions at once, however, i get smacked and brought back down to earth. that's the psychological part, and when you have 'no' system, it seems like everything - 100% of your energies - should be devoted to finding a system.
but once you get a system, for me at least, it seems like 90% of your energies should be devoted to keeping your emotions in check, and stopping out when the system doesn't work.
- bob |
