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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (23204)	2/2/1999 8:19:00 PM
From: GROUND ZERO™	Read Replies (4) \| Respond to of 50167

Hi Judy, I remember our earlier postings..... how have you been? In a word, I use all of it, and I'm the final check point. I use a variety of indicators and each indicator adds a weighted value to my final decision...so I really don't decide as much as have at times more or at times less convincing evidence regarding a market position. Since I've been doing this for some time before computers, I can tell you that the simpler, the better, I like the KISS method. I avoid any computer toys or gimmicks that might promise to enhance trading performance, I have several computers at home, but not for market analysis or anything of the sort. Eye balling the chart is all I do, and when I pay attention to the news I try to translate that into how the news might impact the markets and how investors and traders might view that same news. I don't rely on moving averages, or any other of the trappings that might go along with the computer war room trading image. I also study myself along with the markets, I pay attention to my own emotions. There is always that rush, but I spend little time actually watching the markets, I take a position and decide beforehand where I'll be wrong, then I let it run. This is a business, so I try to avoid emotional involvement with any trade. If I'm wrong on a trade, I'll be the first to tell myself, this keeps my losses at a minimum. I hope I didn't ramble much or sound evasive or cynical, but I just do it all the old fashioned way...so far, it work for me.<g> My Best Regards. GZ