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.
Ed SeykotaSystems don't need to be changed. The trick is for a trader to develop a system with which he is compatible.
Ed SeykotaThe biggest secret about success is that there isn't any big secret about it, or if there is, then it's a secret from me, too. The idea of searching for some secret for trading success misses the point.
Ed SeykotaThere are old traders and there are bold traders, but there are very few old, bold traders.
Ed Seykota