Sunday, July 14, 2013

Picking Tops And Bottoms With The Tick Index

As a young trader, I first used moving averages, point and figure charts and some Gann methods and then moved on to the Elliott wave fad. But none of these methods or techniques really gave me a strong signal for a top or bottom in the market. What I did learn in my early years as a trader was that running with the masses is a guaranteed subscription to failure. It is said that 80% of the people who trade the markets lose; from my experience, I'd say this is true. The losing majority fund the marketwise minority.

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Picking Tops And Bottoms  or  Picking Tops And Bottoms

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1 comment:

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