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Strategies & Market Trends : Technical Analysis With Charts -- Ignore unavailable to you. Want to Upgrade?

To: jaker who wrote (3268)	11/3/2006 2:00:05 PM
From: MACD X	Read Replies (2) \| Respond to of 6865

Jaker, its what ever works, I dont think there is an almighty trading stratagy, I think it is every man for himself, You must understand what you understand, [yogi berra], But what ever you use stick with it until is stops working. I never started making money in the stock market until I started to stop loosing money. [yogi berra] And what I mean by that is I quit having large down draws, the occasional 25 to 50% looser no longer happens to me. Even considering a trade without an exit plan already spotted is not in my way of thinking about it. Pcyhuang enters with no plan of exit, I cant do that, yes I will miss the bottom, no I will not miss the move, I may also miss the falling knive, His style works for him and that is all that matters, he understands it, that all that matter, He has a fund to manage I do not, so maybe he knows something I dont? I exit like I enter trendline breaks and macd crossings, sometimes I am too early most of the time not, I like yourself Jakers will exit at support and resistance in some cases, Sometime pitch forks, Bradley date, who knows, sometimes when the cohonnas arent big enough to continue. So Jake, Pcyhuang, and others, do what you know and understand if it works, if it doesnt look for something else. buy low sell high [yogi probably said that too] is the object of the game.