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currencia · 19-01-2003, 23:22

Linda dela Globetrotter:

I use time and price with emphasis on time. things like elliott, gann, babson, andrews, and wycoff.

I pay little head to averages of averages of price, ie... the MACD and mva's that U mention, along with all the other silly oscillators that are laggards. To beat this game, one needs to be a leader, not a laggard and I suggest you find tools that allow you to be so. Once you accomplish that, the name of the game is stop loss and money management. If there ever was a holy grail, you will find it in stop loss management, not drawing tools or formulae of da price.

One must do what the others don't or won't do, or one will end up buying high and selling low. That's what laggards do.

19-01-2003, 23:22	#6 (permalink)
currencia level 3 Join Date: Aug 2002 Posts: 1,022 Rep Power: 0	Linda dela Globetrotter: I use time and price with emphasis on time. things like elliott, gann, babson, andrews, and wycoff. I pay little head to averages of averages of price, ie... the MACD and mva's that U mention, along with all the other silly oscillators that are laggards. To beat this game, one needs to be a leader, not a laggard and I suggest you find tools that allow you to be so. Once you accomplish that, the name of the game is stop loss and money management. If there ever was a holy grail, you will find it in stop loss management, not drawing tools or formulae of da price. One must do what the others don't or won't do, or one will end up buying high and selling low. That's what laggards do.