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S&P 500
5,633.91
(
1.02%
)
US TECH 100
20,107.19
(
0.99%
)
Dow Jones
39,721.36
(
1.09%
)
Brent Oil
85.06
(
0.01%
)
Bitcoin
57,581.09
(
-0.30%
)
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golfin

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golfin

Re: PriceTeam post# 40227

Saturday, 08/01/2009 10:27:40 PM

Saturday, August 01, 2009 10:27:40 PM

Post# of 51810
Stops, schmops...

ALL of the algorithms are designed to take out your short-term TA stops and take your capital...

patience and intermediate-term trading is the only way to win.

Regardless of short-term overthrow, you will consistently win by not selling into manufactured weakness, or buying into manufactured strength.

patience...

I don't mind being "wrong" for a coupla months.

I usually end up being right in the end.
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