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Strategies & Market Trends : The Thread

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To: Mike E. who wrote (10542)	8/17/2000 6:11:03 PM
From: charlie mcgeehan	Read Replies (2) of 49816

hi mike several things. don't stop posting. you add a lot to this thread in many different ways. i know i look forward each day to what you have to say. i think you're a pretty neat guy. we only talked in pm's because aside from yourself answering my first post no one else responded and i didn't want to disturb peoples trading. ian pm'd me and agreed that it was disturbing that many reliable patterns were breaking down and that it was very difficult to get the market moving more than two days in the same direction. we also talked that it was interesting that no one else responded to the posts and that many people that were here on this thread and si are here no longer. stan mentioned that he felt that many that were in trouble would have difficulty saying so and also that he did not want to encourage people to stay in the market if its hurting them(stan and ian i hope i summarized our messages adequately) out of those pm's i thought to try what i have already stated. i think there are lots of good people and good traders here (some who don't even know they're good)and i think we need to share. its sometimes hard to start so i thought i would. hopefully some good will come from all of this. ps mike i think you already know what you're doing wrong (the stops). i made a post a few weeks back about entry and exit points. i don't profess to be an authority but i know stops, mental or otherwise are vital. i know that your approach to trading is often intelligent as you approach them from a ta point of view. learning to discipline yourself is difficult as i regularly find. i do know this that your chances of making your money back will improve when the market does. i am only trading 1/2 positions at most now. charlie

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