More $$$ trading emontions or trading systems?

Discussion in 'Trading' started by Dominic, Jan 8, 2006.

  1. Dominic


    Seems like there are many out there trading some type of software program or TA system; yet it seems to me the $$$ is really made trading the emotional side. Example:

    A certain stock closes the day above many bullish TA references and is in an "uptrend". Then it comes out the next day with some type of bad news, either books being cooked or a broker downgrade/negative statement by someone and stock drops -20% or more. Your TA wouldn't have shown that the day before, just the opposite. The money is then made on people running for the doors and shorting, taking advantage of the fear.

    Any comments.
  2. sometimes charts make the news and sometimes news makes charts.