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Strategies & Market Trends : Technical Analysis - Beginners

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To: Dave O. who wrote (9394)	2/16/1999 10:53:00 PM
From: TA2K	Read Replies (1) of 12039

"But wouldn't any "newbie" have enough sense NOT to trade if he (she) didn't have a system they had thoroughly backtested?" PLEASE!!! What percentage of traders out there do you really think have a 'system,' let alone a backtested system? I think less than 5%. 95% may think they have a system, but it's not really one. And they wouldn't know a system if it hit them in the face, because most gurus, for what ever reason, are just not inclined to discuss it in any depth (at least that's the experience so far). Nicholas

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