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Re: Newly2b post# 667029

Thursday, 01/06/2011 11:20:22 AM

Thursday, January 06, 2011 11:20:22 AM

Post# of 704019
I can't make much sense of chart indicators (arent they all lagging?) and I am always unsure. So what I've done over the years is program my ideas into my computer and backtest them, then define a mechanical system that uses the most profitable parameters. So I have clearly defined entry and exit points, and clearly defined lists of stocks which meet my criteria. This system has kept me in the game for almost twenty years. But if I could just pick out the stocks which are going to make the larger moves and hold them for more of that move, without holding the ones that are going to reduce my return if I hold them, I would, as they say, be on a tropical beach somewhere, if that is where I chose to be. But then, I guess that that is what everyone here is trying to do...

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