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Strategies & Market Trends : Trade What You See, Not What You Think
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To: chris- who wrote (280)1/19/2001 1:12:00 AM
From: aldrums  Read Replies (1) of 867
 
Again, happy to see the progress and let's continue to work on our weaknesses as we move ahead through 2001.

Amen to that. :)

but for those that trade from the view of not watching the "wiggles" as they say it, I can see it's merits.

Chris, don't you think everybody watches the wiggles...but we just watch the smaller wiggles? I mean you could trade on a monthly chart, but you would still be watching the wiggles in a larger time frame and they would still determine your entries and exits. I think your methods are rock solid and to me they seem to need little if any improvement in the time frame you work in. I almost get nervous to see you searching for something that may not be there, IMHO. One of my goals is to become a great swing trader using TA techniques. But I believe this is a whole different mindset and different technique and it does not necessarily mix and match with shorter term day trading.
It seems it would be easier to learn to swing trade with a separate account, using TA and NOT necessarily using all the shorter term techniques you currently employ. Once you had achieved profitability, you might than be a better judge of what aspects of TA and swingtrading you might be able to incorporate into your current short term style.
Of course this is just my beginner's opinion,

Respectfully,

Alex
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