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Strategies & Market Trends : Your Worst Trading Enemy.. You -- Ignore unavailable to you. Want to Upgrade?

To: Explorer who wrote (93)	1/18/2001 6:27:16 PM
From: shawnwolff	Read Replies (2) \| Respond to of 223

To: Explorer Re: Personality Types My impression about personalities that do well trading... My father and I had this idea where we wanted to train 10 year olds to trade, and not tell them its real money. I am convinced that they have all the traits a good trader needs. 1. They admit freely they are wrong 2. They follow rules 3. They are good at video games Thats about it. I do not think trading requires above average intelligence. In my opinion it is about following rules and being honest about what you see, free of hope and fear. - Shawn

To: Explorer who wrote (93)	1/18/2001 6:43:52 PM
From: shawnwolff	Read Replies (1) \| Respond to of 223

To: Explorer Re: Finding a strategy that works for you You know there are so many trading techniques and methods and strategies, its very hard to sort through them. It is my opinion that every method is just a different way of looking at the same thing. I see so many recurring themes, and different phrases for the same thing, that it is almost comical. So what I have come to think, is that it is not so important what strategy or technique you chose, as long as you go about learning that strategy systematically and stick to it. For every strategy there are people who are successful with that strategy and people who are unsuccessful with that strategy. So what interests me is not so much the strategies themselves, but what do those people have in common? Usually it is a certain discipline to stick to that strategy. They have found a strategy that they like and can stick to. I personally like to keep it as simple as possible. Some of these TA methods make my head hurt. But others love pouring over charts and triangles and a thousand variables. Some like to read tape, some like to read charts, some like to read level two. But they are all just ways of watching a stock move. So find what you like, go about it systematically, and stick to it, with discipline and a passion. - Shawn