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Strategies & Market Trends : Technical Analysis - Beginners

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To: Ronald P. Margraf Sr. who wrote (11665)	3/10/2001 11:52:37 AM
From: Dick Brown	Read Replies (1) of 12039

BTW I didn't mean buy MOT every time it went down 2%.. My sell(stop) would be at a price near or equal to 2% of my trading equity (if I bought at the wrong time)..Having said that..If MOT was in an uptrend ,I don't know what the % would be, and you bought on a retracement that seems like a valid method..Of course when it turns over to a downtrend you will probably loose 2 or 3 times before you recognize what is really happening..The change in trend.. I don't deal in the $$ you have suggested that you deal with..

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