Systems don't need to be changed. The trick is for a trader to develop a system with which he is compatible.

If you can't measure it, you probably can't manage it Things you measure tend to improve.

The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.

In order of importance to me are: 1) the long term trend, 2) the current chart pattern, and 3)picking a good spot to buy or sell.

Psychology motivates the quality of analysis and puts it to use. Psychology is the driver and analysis is the road map.

I turn bullish at the instant my buy stop is hit, and stay bullish until my sell stop is hit.

It can be very expensive to try to convince the markets you are right.