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Strategies & Market Trends : Technical Analysis - Beginners

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To: Ronald P. Margraf Sr. who wrote (11861)4/14/2001 1:23:41 PM
From: Michael Watkins   of 12039
 
All the more power to you if you can do that consistantly Ronald, however I will never suggest to any 'beginner' to technical analysis or trading that they spend their time on OTCBB and the like.

Your comparisons of losses in bigger names are not worthwhile for comparison purposes. The similarity ends at the fact that you can lose no matter what the market.

With INTC if I hold a sizable position I can get out without affecting the market.

With some BB's, your 1,000$ investment may represent the average daily trading volume. Your options for getting out at the price you desire are significantly reduced.

If you can make money doing this, all the more power to you but for the average person I suggest it is far less risky to invest 10,000 than 1,000.

So lets move on. Talk TA. Not seen anything from you in that department yet.
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