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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: accountclosed who wrote (39406)	12/15/1998 8:25:00 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

roq, my bet is that bull ta types do well in bull markets and short ta types do horrible. a key question would be, do you short (put) using ta and are your results as good as long ta plays.

To: accountclosed who wrote (39406)	12/15/1998 5:11:00 PM
From: robnhood	Read Replies (1) \| Respond to of 132070

AR,, I read a few books and tried a couple of systems and then one day I threw all my charts into the fireplace muttering something like ," I can lose this much money without the help of these things". Since then I just have a general approach, which looks at breakouts and breakdowns,, sort of measuring channels and triangles to get an approximate idea of the possible move, nothing hard and fast. Since I trade all day I think my strength is in wiggling out of bad positions before they get too costly. The right guesses take care of themselves. I see it as somewhat of a poker game where losing a lot of antes is part of the game, the secret is to keep it as close to antes as possible IMHO... I have the distinct advantage of not paying commission and therefore am willing to fold at the slightest hint of being wrong... russell