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Strategies & Market Trends : Technical Analysis - Beginners

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To: Tom Halkar who wrote (8824)10/22/1998 8:44:00 PM
From: jebj  Read Replies (1) of 12039
 
>Jb, that is why we are here on this thread to ask questions and learn to spot the holes in our boats. Hang in there we will all help you pale out your boat while you do the needed patch work.<

>I for one have been in isolation learning and reading trying to absorb this helpful information as I build a system to remove my emotions.<

Tks, Tom - I have been spending the last 5 months sitting and waiting for GTMI to get their act together so I can get my money back out of them - up 35% today so it appears they have secured the financing that has been holding everything up and I can do so.

In the meantime, I have been reading, watching and learning all I can. Have been up on MYTRACK and the chat line and learning from them - some good people like here that share their knowledge.

Have just started Pring's Intro to Tech Analysis - about halfway through so far - and Cook's Wallstreet Money Machine. Have read "the fools" book and Ele. Daytrader as well and as many of the tutorials on the web as I can find. I figure about 3 times through and I will start to have a little idea as to what it is all about!

Settling into using some money working toward stock options and daytrading - wish me luck, huh? :)

>Those darn emotions will kill you. Dave, says make your decisions on the indicators. Good advice. I am looking to come out and will help in any way I can.<

Yup - that's what has me in a bind right now - had some info from business dealings and got locked into the darn stock from an emotional side - would not dump it as it went down!

But while I waited, I have done some papertrading - the amount of money I COULD have made IF I had had the money out of the stock is a good deal more that I will ever make on the stock! But it has given me the time to learn so not all bad.

Again, tks for the advise and help.

jb

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