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Strategies & Market Trends : Technical Analysis - Beginners

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To: Michael Watkins who wrote (11282)2/3/2001 2:43:26 PM
From: Dick Brown  Read Replies (1) of 12039
 
I agree.. If I predict,in a way, I'm attempting to impose my will on the market..I've tried that and it doesn't work<g>. I try to go with the current bias..You, that are successful picking upside and downside targets ,and get it, my hat off to you..I can't, so I don't try..
On every trade I know what I am willing to loose and if I did it right (to me) hopefully that loss will mean that some perceived support was violated..
From Wyckoff..Enter a position at an danger point..These points represent minimum risk..You are entering where the smallest amount of movement , in the wrong direction will clearly indicate an error in judgement..
Dick.
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