AI
Thursday, May 08, 2003 11:14:03 AM
LOL!
You mean that I am not the only one second guessing here? I think that your fade the gap calls and daily market ranges are almost always correct. I like the Investor Quotient book in that a lot of the chapters deal with Following a trading Plan. Only if you Follow the Plan will you be able to test if the signals are good and that they work. By Not Following the Plan you are not really testing the signals. It is Always a little more difficult for me when it is Real money on the table though. As always Be Mechanical was once again the Rule. Now I am wondering if that could also apply to the 100/320SMA resistance here but it would be Safer to wait for a breakdown of the Lows as a confirmation to the downside again, JMHO though.
Keep Rocking Bernard!
You mean that I am not the only one second guessing here? I think that your fade the gap calls and daily market ranges are almost always correct. I like the Investor Quotient book in that a lot of the chapters deal with Following a trading Plan. Only if you Follow the Plan will you be able to test if the signals are good and that they work. By Not Following the Plan you are not really testing the signals. It is Always a little more difficult for me when it is Real money on the table though. As always Be Mechanical was once again the Rule. Now I am wondering if that could also apply to the 100/320SMA resistance here but it would be Safer to wait for a breakdown of the Lows as a confirmation to the downside again, JMHO though.
Keep Rocking Bernard!
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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