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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (596)	10/26/1997 1:35:00 AM
From: 1stSunRay	Read Replies (2) of 12617

*** "Don't trade for ego, trade to succeed" * "Successful trading requires 3M's: - Mind (trading psychology) - Method (systems and tactics) - Money (controlling risks)" * "About Cycles: To me the most intelligent cycle work being done today is by John Ehlers in California. "About Elliott Wave Theory: Very tricky. My sense is that to trade with Elliott Waves you have to have an eye for it. It's almost like playing the piano. You have to have a gift. If you have the gift, you can learn it. But if the Elliott Wave Theory leaves you cold, there is no shame in that. It's like painting or music. You're either in gear with it or you're not. You can be non-musical or non-artistic person and still be happy and successful. "About Combining Indicators: The secret of successful trading is to combine trend-following indicators and oscillators in such a manner that the negative features cancel each other out but the positive features remain undisturbed. Anytime somebody tries to take a single indicator and optimize it into a trading system, it's a lie. The markets don't work this way." "About Safety: What keeps me safe is that my stop is extremely tight; with my system you can trade this way because you are trading with the tide." all by Dr.(in psychiatry !!!) Alexander Elder See more at: elder.com And the last one: *** What moving winning stocks ? Recent studies show 49% is due to industry, 31% to the market, and 20% to the company itself !!! ... Regards, 1stSunRay

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