Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : E-Mini Pit -- Ignore unavailable to you. Want to Upgrade?

To: Nemer who wrote (1966)	2/28/2002 3:16:25 PM
From: Louis V. Lambrecht	Respond to of 11288

lessie, strong hands: First I would have some strategists, some of them defining levels on the Fibs, pivot lines, MAs, stochs and other MACDs at which most speculators would react buy buying or selling. Then, I would put a statistician on a programm, telling me how many speculators would queue their orders at specific levels. Then I would set up a programm sending the least possible orders to the market in order to achieve the best trap (most speculators acting in the same way, for the least money I would spend on my own orders). Working that way, I believe I would have an edge and could be called a strong hand? TA is not predictive, TA explains actions of the past and has some more or less reliable patterns statistically repeating. The more speculators rely on TA, the easier it becomes to trap them on false hopes and drive the market to your own advantage. Well, ranting also... EDIT: Scott is right. Whichever the startegy, better to have one than none. Risk management is what makes you lose less. And let your winners run: all that matters.