Thanks for the draft motorway . I'll certainly give this some more thought .
To Andrewk44k , lol , We all live in hope and fear . I tend to use the old abc rule ,ie; A being the low B being the high C should be higher than A to be a buy and confirmation is when B is surpassed . Then money manag applies . The prob we all have is using strict money management rules . Getting back to the major trend . Do a 10 year chart of xao , the trend is up presently but with several hundred point swings over yearly time frames we can loose so much money buying at the wrong time . I really should get back to pure mechanical trading but like most I enjoy a punt . Obviously all Christian values fly out the window . lol The sad thing every time I take a punt it goes the wrong way . So instead of bottom picking or other methods the safe way will be to go back to the old ABC but with bigger posi's . Oh so easy to talk about but so hard to do . Especially as Andrewk4 points out that the game only works for so long as the instos or others will break the rules . At the end of the day it's a big competition and we get lost if we're investors , speculators ,scalpers, traders , loosers or tossers . Time to switch off , night all . ge
