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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Kris who wrote (1317)	12/11/1998 9:30:00 AM
From: Debra Orlow	Read Replies (1) \| Respond to of 99985

Kris, don't get me wrong, I have my share of losing trades. Again, money management is the key. If you are right only 50% of the time, and your money management skills are superior, you will make out just fine. (I am constantly working on this aspect.) 333 is just the time periods that I am referring to. 3% periods, 3% slowing, with a 3% average. I only use this for my scans on daily charts, not for daytrading. My daytrading is a mixture of stochs. I get my picks by doing my nightly scans, and confirm my picks with the 5 and 60-minute charts. And I do have my favorites that I watch every day. Debra