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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: TA2K who wrote (9847)	3/17/1999 1:16:00 PM
From: David R. Evans	Respond to of 12039

I do not agree.... If a system is worth anything it must be easy to follow.... In many cases, the less you know about a system the better off you are... Why? Because the less you know the less you will try to change it.... I am not saying that you do not have to test the hell out of it. You must test, test, then re-test anything you use…. What I am saying is there are people out there who do not really want to trade, they just want to create systems…. Over the years I have found that the people who try to "KNOW EVERY THING" make the least amount of money...... They try to change every thing they come in contact with and at times think they know more then the systems know....... It's like the person who knows comes into a meeting room after hitting his absolute bottom, just praying to make it through one more day.... He starts going to 12 step meetings and before long he knows more then anyone in the room.... He then sets out to either change the 12 steps or add a few of his own...... For a short period of time things work out but before long he ends up right back where he started, drunk and saying that those 12 steps just do not work..... Well, they work if you work them and so does TA... Dave Evans