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Re: Initial Trade Methodology


  • To: "Dennis Holverstott" <Anthony3@xxxxxxxxxxxx>
  • Subject: Re: Initial Trade Methodology
  • From: "Jim Johnson" <jejohn@xxxxxxxxx>
  • Date: Fri, 21 Jul 2000 10:46:08 -0700
  • In-reply-to: <200007201553.IAA04186@xxxxxxxxxxxxxx>

PureBytes Links

Trading Reference Links

I agree with Dennis and hope I didn't give the impression in my earlier post
that I was advocating attending myriad courses.  In fact I have never
attended one although I've done a few videos.  Kaufman's is a great resource
as is John Murphy's Technical Analysis of the Financial Markets.
----- Original Message -----
From: "Dennis Holverstott" <dennis@xxxxxxxxxx>
To: <Anthony3@xxxxxxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Friday, July 21, 2000 1:39 PM
Subject: Re: Initial Trade Methodology


> > I've heard people say that to find yourself when starting off trading,
> > to try a methodology/system/indicator...see if you like it, and go on
> > from there.  Does this mean to go with the first thing thrown your way?
>
> That seems like a pretty inefficient way to do things. A good survey of
> different methods is Perry Kaufman's "Trading Systems and Methods." It's
> a gold mine of ideas and reading it will give you a broad overview of
> most different methods and help you narrow down the choices. It costs a
> lot less than dozens of seminars/courses and will give you almost as
> much information. Most gurus' methods could easily be summarized in a
> few paragraph or two if they weren't so interested in charging the big
> bucks for their "secrets."
>
> My $.02,
> Dennis
>