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Old 14-10-2004, 09:51   #19
tradewinds
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Join Date: Sep 2004
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hi 4xis2ez

xtsunami is a wise trader. The spider web is based on some mathematical parameters which define important supports and resistances. It is like a road map with all the obstacles revealed. He looks for breakouts from resistance and bounces and support and trade accordingly. It is better than blindly following some indicators as he has a system to the madness.

Technical analysis is like a sword. It is just a tool no more no less. Do not blame the sword if you have poor skills. I kid you not. If you want to trade, you either prepare yourself well or be "killed". Know when to attack and when to defend. You have to pay your dues. It takes time to learn and be an expert.

Do you the discipline, good money and risk management, a well tested trading model and an insight to the psychology markets. To succeed in this game, you must have an edge.
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