Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: xcr600 who wrote (8422)	6/20/2000 4:31:00 PM
From: Triffin	Respond to of 39683

xcr600 .. 'overthink' You bring up several good points .. BTTT-MAX provides a great framework from which to approach trading .. Nothing says one must be 'always in the market' or to take every reversal .. The 'system' is certainly flexible enough to accommodate just about anyone's trading style and market bias .. One can play 'long' or 'short' or both .. take intra-day plays only or over-nighters .. The beauty is that as long as we can continue to id the stocks with 'smooth' volatility per the model .. there should be plenty of opportunities to exploit .. Jim in CT .. didn't take the late trades .. today ..

To: xcr600 who wrote (8422)	6/20/2000 4:51:00 PM
From: Ken Adams	Respond to of 39683

Personally, I have a hard time being truly mechanical. I am very much a technician, so I know I should rely on the signals more completely than I do. Especially when I look over the past number of trades that "could" have been, then I "overthink" the next signal. My problem is (at least this is what I use for an excuse) that I can't watch full time. I have to put on a trade and often walk away for as much as 3-4 hours. This causes me to second guess signals. Most (maybe "much") of the time, I would have been better off taking the sig and trusting that it would produce desirable results, just as it did in the past. But, it's tough to do. Ken