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Strategies & Market Trends : Technical Analysis - Beginners

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To: Dusty who wrote (9233)	2/12/1999 4:44:00 PM
From: Richard Estes	Read Replies (3) of 12039

My rewards come from the friends I have made. Those that applied themselves have seen success. Those that only wanted to use another person's knowledge soon fade. Some general ramblings: Learn to sell before you learn to buy. Selling is where you win or lose. NEVER allow a stock to fall more than 10% on a trade. Don't come into a church to preach for the devil. Learn to use the search engine at SI and on the net to find answers or details of TA or any subject. Don't expect others to repeat things that were covered 20 messages back. Get a good data provider like Quotes Plus or TC2000. Don't use the net for charts. Get a good set of tools. Read, read, read everything on TA you can. While some jump to instant expert standing with no knowledge or experience. The subject of trading is not simple, if it was, everyone could do it, well. Learn what your tools and indicators can do and are doing. Most "classic" indicators were set up for Futures, not stocks, they require adjustment for trending stocks. You can't wish, hope, or talk a stock up or down.

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