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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: donald sew who wrote (20628)10/3/2001 12:54:46 PM
From: TechTrader42  Read Replies (1) of 52237
 
Your updates are always excellent, Don -- so good, in fact, that some relatively new traders may look to the updates for something they can't (and don't) provide: certainty.

Most traders realize over time that they have to rely on their own systems and their own decisions. Newer traders often look to others for answers, and believe that there are technical analysts who really can predict the future direction of the market, and the future direction of individual stocks.

Someone with a trading system can make decisions on when to buy and sell stocks, based on technical indicators and money management. Someone without a system, who relies on advice or signals from others, may well wind up losing money. That, at least, is my view.
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