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Strategies & Market Trends : Technical Analysis - Beginners

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To: Richard Estes who wrote (9269)	2/13/1999 8:16:00 AM
From: Dick Brown	Read Replies (2) of 12039

Re: Elders book.. I can't think of a better introduction to the game some people think they want to play.. If about futures or stocks.. it is still about supply/demand. Agree it is thin on TA but opens the mind to approaches.. Agree 100% on earlier note that it is where you sell that counts..Can't agree on chart reading tho I still look for higher lows and higher highs and use the last day or two's low as my exit if I guessed wrong when going long..My trading is far from ideal but looking at last year I had about 3/2 ratio of winners to loosers..My problem is, and it does need attention, is I sell too soon..in other words the winning ratio I have isn't providing me with the % to the bottom line. I'm not afraid of revealing my faults.. Dick.

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