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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: coug who wrote (46807)	6/25/1998 8:05:00 AM
From: coug	Read Replies (1) \| Respond to of 58727

General market comment to new players.. and lurkers.. As you get the drift from these postings, it is very difficult to call tops and bottoms ahead of time.. Even the most sophisticated T.A people have trouble.. There is a tendency of people, when they first start out, I was there once, to try to beat the market by trying to call the future.. It is impossible.. LET THE MARKET TELL YOU what to do.. Only it knows how far its going.. IT IS NOT EFFICIENT.. But IT IS ALWAYS RIGHT.. Try to develop a strategy that calls DIRECTIONAL CHANGES.. and rememeber no system is infallible, it can work for minutes and years and no one knows when or why it will quit working. Have NO EGO, and thats the HARD PART..Quickly admit you are WRONG.. And CUT THE LOSS..... so you can play aqain another day.. Good luck and have fun out there....the Coug