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To: At_The_Ask who wrote (148175)	2/4/2002 12:53:21 AM
From: GraceZ	Read Replies (1) \| Respond to of 436258

I use charts every day, but I use charts that contain more information than TA charts. In TA every single indicator is derived from price or volume. They labor under the assumption that price contains enough information. If someone is very successful trading wiggles every day, I can tell you without even looking at their trading record that they use tight stop losses and allow their good trades to run. I have a guy whose trades I follow off and on in the group of traders I work with who makes 10s of thousands every week trading short term. I can tell you he is wrong more than he is right about direction, but he is extremely disciplined in his trading, he always manages to lose less then he gains because he limits his losses.