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Strategies & Market Trends : Technical Analysis - Beginners

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To: TA2K who wrote (9401)2/16/1999 11:30:00 PM
From: Dave O.  Read Replies (1) of 12039
 
< What percentage of traders out there do you really think have a 'system,' let alone a backtested system? I think less than 5%.

I really don't care about the percentages. All I know is that any SERIOUS trader has a "real" system, and if it's TA based, you can be sure that they have back tested it extensively. If others want to lose their trading capital by trading with an untested system they will wash out of the game quickly.

Dave
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