Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: AugustWest who wrote (51244)	3/17/2004 10:37:52 AM
From: MulhollandDrive	Read Replies (2) of 57110

"And remember, you don't need to be smart to enter. And there is no shame in losing. When you participate you win" someone told me quite wisely so, a number of years ago.... "never interact with your psychological indicators" he sent me a pm in which he proceeded to tell me that i was his psychological indicator on a particular stock on a thread where i was posting.... i reviewed the stock price movement and my bullish/bearish remarks and he was right, i was the perfect indicator for someone fading my remarks (if you were a short term trader) once he told me that though, i clammed up, and when i did post, i turned bearish when i was really bullish and reverse.... poof....indicator gone once an indicator is well established and known, efficacy disappears..... :)

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