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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Now Shes Blonde who wrote (8151)	2/20/2002 2:38:14 PM
From: isopatch	Respond to of 36161

OT/Hi Blondie. 200th B-Day is actually next week. Started celebrating early, par usual.<g> Hopefully, I'll get off my wazoo, and enroll next week. However, guess it's worth mentioning here (every few months) that am not really a TA trader. Use charts, and some TA. But more of a supportive vs the primary analysis role it plays for many other traders. There are a lot of different successful ways to trade and make money. So it really comes down to the combination of tools that suits ones individual needs and temperment that's really important The combination of FA, TA, inter-market & sector work, sentiment, flow of funds tools, and macro cycle perspective works well for Isopatch. But certainly wouldn't for those with different personal strengths and weaknesses. BUT.... most important... is how your trading fits into the rest of your life. At 58, I'm not "driven" like I was at 38. Thank God, have done well enough in this life that, I don't have to be. So don't work long hours doing DD, do a lot of ST trades, etc. IMHO the best thing anyone can do when they're starting out is to slowly develop a style that's suited to their personal circumstances and temperment as much as to net worth objectives and goal. Don't take this personally, because it's not aimed at you, Blondie. But, when I step back and think about 90% of the activity posted all over the web? Everyone is in way too much of a hurry!! I've watched you on several other threads and I'm very impressed with how careful, even circumspect you've been in approaching some of the shallow & superficial albeit slick operators who weaker willed and impatient folks, looking for short cuts to a making money, are drawn to. E Gad. Following Pied Pipers on the web is only one step away from trusting and mechanically following the advice given in WS brokerage reports<lol> There really are no short cuts or formulas to quicken the process of trial and error all of us go through over a period of years examining various tools, techniques and trading styles till we find that unique combination fits each of us. One of the toughest experiences I've watched people have over the years is to find a trading style that works and makes money. BUT..... It clashes with the other aspects of their life. And sad to say, most folks are so driven by the buck that they blow away several marriages, friendships etc before the realize it's the trading style that has to change NOT everything else<g> If there's one thought I'd ask you and anyone else reading this to take away it's that a trading style MUST pass exactly that kind of wholistic examination as well as be a money maker. All JMVVHO, of course. Isopatch