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Old 07-08-2004, 03:51   #25 (permalink)
rl2000
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Technical Analysis does not work

Troj, I agree with Mongoose and Baruch. I personally do not use any technical indicators there all bullshit, don't waste you time. I lost money when I used to use them.

I use a technique similar to Bam (S/R). I find fundamentals helpfull to get a long term feel of the market. Money Management is of the upmost importance. Also I do not day trade because I do not have the time, I position trade off the daily chart and I don't use stop losses.
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