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To: Ron McKinnon who wrote (24359)9/17/2000 9:01:50 AM
From: Jeff Jordan  Respond to of 53068
 
<g>
>>...boy do I hear that
something like my first three rules of trading<<

Ron, you got your priorities all wrong. Preserving capital is not enough<g>

1.Make Profit
2.preserve capital
3.preserve capital

I discovered this guys website last night....I couldn't believe someone else was on the wavelength to exactly what I've been thinking the last week down to the chart and reasoning? It's like he was reading my mind?<g> or visa-versa??? Great charting I might add.

home.att.net



To: Ron McKinnon who wrote (24359)9/17/2000 11:09:58 AM
From: chartseer  Respond to of 53068
 
Hi Ron:

I use TA. Basically PnF. I also use line charts, Moving Averages and Relative strengths. I realized many years ago the one big flaw in PNF costs points waiting for buy and sell signals. Where recognizing a pattern before it actually is completed pays off
Example of one:
Message 14244454

I am presently trying with great difficulty trying to make a transition from investor to trader. Since closing my business 3 years ago my only income is that which the market provides me.
Currently my trading is limited to just over one trade a day.
Just Still learning. Mostly from watching you (all) on SI.

chartseer