Sensex

Sunday, November 29, 2009

Re: [Technical-Investor] A word of caution - I am guilty for the overdose of information to the group

 

Dear FJL

I for one do not believe any information is overload. Of course we have so much info available today on the net  which submerges us.  But as far as investment/ trading is concerned it is better to tackle the overload instead of missing them. Though I was already and somewhat familiar with the strategies posted by VIsh ( break out trading few months back and Options Data now), JK ( Effective  use of oscillators,etc,etc,etc), AP( OOPS, SMA-EMA Crossovers), when I read their posts, I got some newer insights. All the strategies in the world can be learnt by simply googling and patience. MACD or any other TA tool  has remained the same  for many decades. But when you go through the  same old MACD  concept after a time gap ( either on your own or by reading the messages of some other trader)  and after some more trading exprience you will be surprised how much better your understanding of the concept is .  As  trading is an art, there is no escaping the relentless and repetitive cycle of learning and trading,

Seasoned guys like AP may not need it. But people like me need to read as much info as possible. It is for us to crystallise our strategies from among what is available and filter what may suit us individually.

Keep giving links. AP will be kind enough to avoid such messages

Chockalingam

Chockalingam

--- On Sun, 29/11/09, FLOYD LEWIS <fjl24@yahoo.com> wrote:

From: FLOYD LEWIS <fjl24@yahoo.com>
Subject: [Technical-Investor] A word of caution - I am guilty for the overdose of information to the group
To: Technical-Investor@yahoogroups.com
Date: Sunday, 29 November, 2009, 5:21 PM

 

Hi Seniors

I have been one of the guys on this forum who has committed the heinous crime of overloading all newbies with lots of informative materials and strategies.

Sincerly apologize for the same.

Will not repeat that mistake henceforth on this forum.

Inconvenience deeply regretted to all Seniors on this group
Best Regards
Floyd

PS: I was just joking - Ha ha ha ha ha - i will keep on sharing whatever i feel is good and beneficial for all members on this group as long as the moderators do not ban me.

--- In Technical-Investor@ yahoogroups. com, "Abhijit" <ap19632000@ ...> wrote:
>
> This is meant especially for the 'newbies'.
>
> I have seen a huge bombarding of articles and trading strategies over the last few weeks.
>
> I myself have gone through this phase, and I might be having close to 1000+ afls in my Amibroker folder.
>
> I have reached a conclusion long back, that any further information will act negatively rather than positively, and one needs to be cautious, since you stand a chance of facing an overdose of information.
>
> The result of this is that you find yourself more confused.
>
> Over a period of time, one has to identify a couple of strategies that he/ she is comfortable with, and use that as the base, amd just look at new ones for information alone.
>
> Do not try and change the base strategy every time you come across a new afl or a trading strategy, or a new pattern.
>
> Do not forget...... ......
>
> OVERDOSE CAN KILL !!!!
>
> Any strategy will work to give profits, as long as you have the mental discipline and money management rules.
>
> Cheers,
>
> AP
>


The INTERNET now has a personality. YOURS! See your Yahoo! Homepage.

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Posted by nsivaa at 5:38 AM

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