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The truth about technical trading?

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john_1
Super Contributor
You have really worked this game out..I am always pleased to read your threads and your comments, you should be proud of how far you have come...
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Hedgehog
Frequent Contributor
Yes - Simon backed up by facts - I do not trade all their tips so maybe I picked all the bad ones - but the latest AGL and EXX are examples
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SimonPB
Valued Contributor
nah boet, last 2 trades count nothing .. check the history for the year, then you get a decent measure ..
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asylum
Super Contributor
where do we find that history?
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Not applicable
subscribe to: Daily Technical Analysis .. Closed trades: 8 positive trades return: 19% and 9 negative trades -5%. All trades have a mandatory 5% stop loss
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Hedgehog
Frequent Contributor
Hi Simon I think if I ran a tipster service and I emphasise the good tips and told my subscribers to forgive me the bad calls, well I would be in business but then my clients would not believe me in the long run. Why the EXX and AGL calls were particularly bad is that the technicals were shouting caution going long. Yesterday I received a message "we expect a recovery today". This clearly while the Dow for one was taking strain. Now when you but your cards on the table and make a call I assume you take the responsibility to say - eish guys bad call - be extremely cautious in future or something to that extent - having a long disclaimer does not cut it for me. So that is why ignore their tips
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