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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (26807)3/12/2005 2:26:45 PM
From: Canuck Dave  Respond to of 313111
 
Does this imply that some different system WILL work consistently?

Yes, there is something which works for me. Not always in the short term, but certainly in the long.

"Cut your losers short. Let your winners run."

And don't indulge in any trading strategy which comes with the kicker "Eventually, you will get caught." Like always buying dips. Eventually, you'll own a lot of some bankrupt company.

Just my opinion, But I've made my living doing this for 5 1/2 years now. No guarantees I won't do something stupid.

CD



To: tyc:> who wrote (26807)3/12/2005 2:36:08 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 313111
 
tyke, No that's one system... He modifies it also and he has long term stuff too as I recall.. That is how he does his short term stuff... If you look at his thread you will see he does buy pull backs... but has rules for improving the odds that it is a pull back indeed... All I can say is read his thread... he posts everything so it is easy to verify... He is also looking to improve... Don't confuse his discipline with a foolish consistency :O)

Nothing is perfect..
Remember at one time buying every dip on NT made you rich...
Then suddenly it made you broke.. :O)

Hard to judge from one or two posts...

K