Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

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Nov 21 4:00 PM EST

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To: LTK007 who wrote (7995)	6/4/2000 1:33:00 PM
From: Dr. Stoxx	Read Replies (1) of 39683

LTK, No, there hasn't been any real tweaking on my part, though some here have added bits to the original. I have been trading 5EMA/8SMA crossovers on hourly charts (switched from 5SMA to 5EMA which Ken A. convinced me its signals were better)...that's all. No stops, no trend analysis, no concern about fundamentals. But keep in mind, as I stated a couple days ago, that I keep my eyes open to what the general market is doing, and what my other stocks are doing, at all times. This sometimes helps me to anticipate signals, and to avoid false signals. My suggestion to you and anyone else considering this system is to find 3 or 4 stocks from our list that you like. Go over the signals you see on the timely.com chart, asking yourself where you would have likely traded. And then papertrade them for 2 to 3 weeks before committing any money to them. It is important to develop a system of checking the signals that fits for you (at the beginning of each hour? at the end? in the middle? every 15 minutes? etc.). Hope that helps, TC

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