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

To: Michael Watkins who wrote (11310)2/3/2001 9:44:53 PM
From: Trader X  Read Replies (1) | Respond to of 12039
 
doing nothing is the most important 'action' of all.

Absolutely! I plan to be out of the market about 2/3 of this year, and I'm currently out of it while I wait for the current pullback to end. In the meantime I'm dusting off my charts and looking for the next kill.



To: Michael Watkins who wrote (11310)2/3/2001 10:00:47 PM
From: bdog  Respond to of 12039
 
Dick, Michael,

"My choices are limited..long, short, stay out..

I think that many new traders often forget the last choice, frequently doing nothing is the most important 'action' of all."

yes. when i first started there was this urgency to be in the market. it still seems to be there, but, well tempered with losses and TA...

bwaitdog


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