SI
SI
discoversearch

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 : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Michael Watkins who wrote (11282)2/3/2001 2:43:26 PM
From: Dick Brown  Read Replies (1) | Respond to of 12039
 
I agree.. If I predict,in a way, I'm attempting to impose my will on the market..I've tried that and it doesn't work<g>. I try to go with the current bias..You, that are successful picking upside and downside targets ,and get it, my hat off to you..I can't, so I don't try..
On every trade I know what I am willing to loose and if I did it right (to me) hopefully that loss will mean that some perceived support was violated..
From Wyckoff..Enter a position at an danger point..These points represent minimum risk..You are entering where the smallest amount of movement , in the wrong direction will clearly indicate an error in judgement..
Dick.



To: Michael Watkins who wrote (11282)2/3/2001 8:33:42 PM
From: Trader X  Read Replies (1) | Respond to of 12039
 
< Measurement is of the past>

Yes of course TA looks to the past, but there is no purpose to it without the goal of predicting future action from it.

That is a statement of fact.

You may disagree with that fact, but that doesn't change the reality of it being a fact.

A train track has a beginning, but it's purpose is not for remaining at the starting point.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News