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Strategies & Market Trends : Technical analysis for shorts & longs

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To: Johnny Canuck who wrote (16414)	6/7/1998 4:20:00 PM
From: Lachesis Atropos	Read Replies (2) of 68479

Harry sorry about the last response. I missed a few vowels and the run on sentences ran away on me. I hope it is readable. Tom's Trading system trades futures or options? I would think, an options trading system would be risky. Or is it like trading futures? The way I understand futures' trading, is that one can loose 4 out of 5 trades and still come out ahead. Even given this, trading stocks seems to be more forgiving, you can make a few bad trades and then make up the difference on the next few days. With the 4 out 5 assumption one can get runs of 20 bad trades (not uncommon) in a row which could be devastating if one did not have a lot of resources. Also, I was told that futures' trading is governed by Technical Analysis more than Fundamental Analysis. Comments? Lachesis

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