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 : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: shasta23 who wrote (6114)3/15/2001 10:58:37 PM
From: Michael Watkins  Respond to of 8925
 
Hi Stefan,

Thanks for the kind words. I'm glad the discussion was useful to you - and your thoughts here are good ones. There's so much to learn in trading, and in life itself, that focusing on what is important is what we should always strive to do.

PS: I've made my share of counter-trend trades in the wrong place! Glad to hear you worked yourself out of the position with a small loss so you can fight another day. Good work!



To: shasta23 who wrote (6114)3/15/2001 11:23:41 PM
From: toto1013  Read Replies (1) | Respond to of 8925
 
Hi Steffan!

Great to see you here. We've come along ways and still learning. Teresa's site and trading techniques was one of the first sites I ran across and reread many times over. Teresa and Mike are amongst the best when it comes to sharing their expertise. It is simply amazing to me that the disgruntled can not just skip over what seems to be an issue to them like we do their posts. Like we like to read their negative posts against people that give so much for others benefit!!!!!

Villa



To: shasta23 who wrote (6114)3/16/2001 11:01:26 AM
From: TechTrader42  Read Replies (1) | Respond to of 8925
 
That note Michael wrote on trading against the trend stuck in my mind, too, Stefan. A good post.

And this is a good thread. Thanks for starting it, Teresa. It's much appreciated. Nice charts, too.

I'd like to hear more about trading breakdowns through support, and resistance breakthroughs. I assume you're generally using trendlines rather than formulas to draw support and resistance lines, and I see that Michael may be using ADX for confirmation.