T/A ETF AND INDEX

[bbgold]

I am repeating it
I told everyone I knew in May 2001, mid 2007, and the middle of this year. Of course not a single one listened to me.
Why do I tell them?
Because no one told me the middle of 1987 and I was a huge bagholder come Oct 1987. So much so that I didn't trade or participate in the Markets from 1987 until 2000. And Yes, no one told me in 2000 and yet again I was a huge bagholder. So much so that I decided to learn Technical Analysis of Chart patterns and find out Why the big price swings and breakdowns. It took me 3 years of trading to make some attempt at Learning, some of which can be seen in the early MKTSS board posts. But I still had not learned enough by the beginning of 2003 and once again left trading behind, mostly due to lack of discipline and high risk options trades. The MKTSS Plan did Work but I was just not disciplined enough to follow it, took the higher risk short term trades and failed to use good stop loss orders. When I cashed out my pension the beginning of this year to get back into trading I even told my Broker 'get ready for some Market downside as my "timing" had been perfect so far entering the Markets in 1987 and 2000-2002. My trading account funded in mid Feb and I was right back into the old Bearish market that gave me so many 'learning' experiences. This year has been a lot of 'deja vu' to those prior bearish years and Hopefully this time I will have the discipline to stick to the Plan. I have found out throughout the year that I am still too much of an Emotional trader and am still not sure I have what it takes to be successful at this. So out of All the hard lessons learned I think the Most useful one is just as you are trying to say 'Be Safe', as I know in the past I, and many others, have not.
Good Trading!