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Strategies & Market Trends : Technical Analysis - Beginners

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To: Ronald P. Margraf Sr. who wrote (11667)	3/10/2001 7:16:48 AM
From: David N. Jones	Read Replies (1) of 12039

Hello Ron, "I have 2 sons that traded by the percentages, both to the upside an the downside, only to stop themselves out of money. All I'm saying is that the T/As afford you the opportunity to make choices." All TA is history; how we interpret that history is what determines our success. My aim is to be right more times than I am wrong. Every time I place a trade I am expecting the trade to move in my favour as quickly as possible. The stop is my unemotional protection. Regardless of whether I was wrong by a minute or a week if the trade moves against me then I am wrong and out with a predetermined loss. When my TA is right 100% of the time I will stop worrying about minimizing losses. With TA there is always a new train leaving the platform. David

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