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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: wmwmw who wrote (13493)2/22/1999 12:40:00 PM
From: TE  Read Replies (3) of 122087
 
When trading you need to look at your overall position not just your starting point. I've known traders who thought they could pick the top or bottom and waited to do trades there never to get any shares off. The traders that do best are the ones that sell into strength and average up if they have to or vis-versa when going long. If someone is able to pick the absolute top or bottom they are lucky. I don't know of any broker, analyst or whoever that can pick the top or bottom on a consistant basis, if they could or if you know someone please let me know because they would be the most sought after person on wall street.
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