Replies to post #103 on PriceTeam

[PriceTeam]

MrN. - Does this add to my decision-making ability? To my trading accuracy? To achieving consistent returns when looking at 100 different stocks and trades?

The beauty of the moving-average method outlined is it delivers everything I want as a trader:

* Opportunity.
* Consistent profits.
* Objective basis for trading/investing.
* Excellent criteria for aborting the trade.
* Pays off a high-percent of the time--especially when I have a trained eye for recognizing bases. I will be posting a few variations of ideal trading setups.

I don't want to add a single detail that does not deliver a clear and measurable benefit in my decision-making. I use other indicators, but am increasingly selective.

There's an important reason that has to do with how the brain works when making decisions. Too much data--especially iffy data--leads to trading errors. Even too much effective information can blind us to the clearest signal that works.

Will explain more as we go along.

Thanks for posting this.

Ted

PS
When I tried the envelope on other stocks such as SPY, I personally found it blinding rather than enlightening.