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Alias Born 09/26/2009

Re: be_free4ever post# 1

Saturday, 09/26/2009 5:19:38 AM

Saturday, September 26, 2009 5:19:38 AM

Post# of 7
My first introduction to Indicators was via a book called Swing Trading. It is about a decade old by now but if you are looking for an "all inclusive" dogma; that would be a place to start.

Of Course, there is a million ways to misunderstand any approach to the Market, and a million ways to interpret Market Indicators. The Dot Bomb wiped out technical traders, and the ponzi schemers wiped out investors during the most recent recession (by which we are still encompassed). So be warned.

Whether you use one minute indicators, or long term "cup and handle" patterns as exactly recommended by Investors Business Daily; most of us have found that "trap door" which all Traders will one day know about. For me it was Milken and Madoff, but for most it might just be a gambling addiction that you cannot overcome. One of my truest friends used Futures as a way to create his own failure. He used every tool out there, and even bought a half ownership in the Brokerage Office where he traded... but eventually he lost his millions, and all his inlaws million; and died because he could not afford heart sergury.

No lie. He turned blue and odd shades of gray; and passed away penniless; all the while regretting that he did not have more to "invest" in his beloved Market.

So, please remember you are only human; and set your stops.

live and be_free4ever.

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