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tradermama

01/06/03 8:00 AM

#61537 RE: exp #61446

Thank you george..i use to post on si ..like in the early days of si...back then..traders were more cheerleaders than having intelligent conversations on ta..it was too emotional back then..so i stopped..and decided to lurk..and once in a blue moon i will post..but you see...i don't trade anymore..i just stick to my switching..and all i need to do is some reading up on the day's events..i do follow some people..but the bottom line is my decision..by following certain people..i have learned different ta techniques...i am trying to improve my knowledge on elliot wave patterns..because if i can understand where the dow or nasdaq will be in the morning..it will help me with the foreign markets that i follow..but for now..just going with the extreme oversold conditions..i can get 1.5-2% pop per month..then if i have troubles with the rest of the month..i just stay in money market..the important thing even in trading is to know what your percentages are..and be consistent..if you're not consistent..then to me it's just gambling..eventually you lose..also..greed can't be a factor..you have to know how to manage risk..tom dorsey is good for that..i have learned a lot by subscribing in the past to him...

on si..my id is irene....but again, i don't post much...sometimes that's how you learn..<GG>
happy trading!
irene