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Strategies & Market Trends : TA- Scans and System Tests

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To: Nydia who wrote (81)11/7/1996 12:29:00 PM
From: Richard Estes   of 989
 
It would help if we could show charts. barring a good one on one. the books I listed in beginners offer insight. PMRY was in base 2 weeks ago you could have put in a buy at 25, stop at 22.50 and waited.

What you really want to do is find one system that you feel would tell you when to get in and get out. find a good eps/rs stock and wait for buy. try macd(13,34,89) look at first 20 stocks in data base. note entry and exit, can you live with it? I see a 5 aug buy on PRMY, with a sell monday, buy tuesday. you should buy only when your system says and sell only when it says. What system? the ONE you choose. when you asked about setting on f keys, I noticed you missed some important setting and pointed them out. be careful make sure you understand what your system says and what it measures.

your system triggers a buy at one point, if you don't enter there; then any other entry increases risk.
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