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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Dick Brown who wrote (11272)2/3/2001 12:15:48 PM
From: Trader X  Read Replies (4) | Respond to of 12039
 
Money management,

I suppose we could throw TA out the window and just focus on money management, but then we'd have to throw out this thread topic as well.

Why waste such a lovely thread topic? I propose we continue to focus on TA, which is by nature, predictions. Money management can exist also -- they are not mutually exclusive concepts. My plan begins with TA.



To: Dick Brown who wrote (11272)2/3/2001 12:31:06 PM
From: CharlieChina  Respond to of 12039
 
If you don't have a Plan then you Plan to fail ...

the most important aspect in any trading style is accurate disciplined money management.



To: Dick Brown who wrote (11272)2/3/2001 12:35:19 PM
From: CharlieChina  Respond to of 12039
 
One can not predict or anticipate markets .... that gets one into trouble ....

However, one can gauge, plan and execute the plan, faster than anyone else, once a direction is confirmed.