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 : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: David R. Evans who wrote (8545)	9/7/1998 12:53:00 PM
From: David R. Evans	Read Replies (2) \| Respond to of 12039

Hello All, That should be the following: goinvest.com I will update this page each day so keep it in mind.... Dave Evans

To: David R. Evans who wrote (8545)	9/7/1998 3:46:00 PM
From: Terry Mitchell	Read Replies (2) \| Respond to of 12039

Dave, another great post. I started playing with TA over a year ago but it was not going well about 8 or 9 months ago. With your help I am now doing much better and have been out doing the overall market since. In retrospect my worst trades have been when I have let my knowledge & emotions of a company affect my decision. These are stocks that were kicked out during scans but I would not have bought except I let my expectations of the company affect my decision to buy. I almost always get punished when I do that. I have seen you and others warn against doing it but I guess I just had to learn the hard way. You LU example really fits with me. I bought LU when Dahl went long, I serious thought of selling when MACD (13-34-89) went short but this was LU it's just taking a breather. If it was any other stock I probably would have sold it. Which does lead me to a question what would be the recommended course of action in a situation like this? Sell & take was is still a pretty good profit, hold till Dahl gives a sell or Dahl stays long and use MACD got get out. I have been not been using Dahl lately as a buy/sell indicator but only for confirmation. Terry

To: David R. Evans who wrote (8545)	9/7/1998 9:17:00 PM
From: bdog	Respond to of 12039

David, "complicated stuff until you have so much you lose track of what you are doing..... " Nice post. That is exactly where I'm at. TOO much stuff. It's fun but gets to where your head starts spinning. Need to simplify. bdog

To: David R. Evans who wrote (8545)	9/9/1998 2:41:00 PM
From: Tom Halkar	Read Replies (2) \| Respond to of 12039

Dave Thank you for sharing what is obviously a big key to TA and be successful at it. Those words carry a deeper meaning than what is on the surface. It talks about knowing yourself, emotions and your emotions need to be checked in at the door before deciding if you should make a trade or not. This is where TA helps remove the emotions if you listen to them. The indicators and systems that people develop are only a guide that works best with there own evaluation process (your brain). So find the indicators and systems that works best for you, then applied "stick to it" principle. Dave, I agreed there is no perfect system out there, however as my journey started looking for one I received great understanding, distinctions and insights that helps develop the system and thought process that I will use. So, there is a payoff for looking for the holy grail. I must add hope for those people out there who feel the frustration in learning and succeeding at TA, is that the more you read, learn and applied it. It helps train your thought process to a better result, so be persistence and determined. Oh it helps a lot if you do this stuff for the enjoyment and not the money. This is when you will start to have it come together and get what you are searching for. Could you please give me detail steps for creating bolded letter in SI? It is a great tool to give added meaning to certain words or phrases. I have try to the point of frustration and now seek from those who know. Have a Fantastic day!!!!! Tom The Windy City