OK.... a few weeks back I did my thread on "successful trading", which was essentially about the constructive mind set and emotional approach to trading. Concurrently, SuperEgo started his thread on how to trade using his foolproof method of technical analysis. For those of you who participated in those threads, or just passively read them, you will recall that SuperEgo and I butted heads quite relentlessly. I took a lot of abuse for being too skeptical about his approach. As well as expressing my distaste for his tone. He took a lot of abuse for his demeaning and arrogant style. But we never really heard the end of SE's treatise. He did however say to me in a PM that his final objective was to inform us all that there is no real "one way" to trade, and that anyone who paid the "gurus" to learn to trade was a fool. His method was apparently to make himself a "guru" and then finish up by telling everyone that they had been "taken". As he felt he had been "taken" by the "gurus" he had paid to learn from over the years. Now I find it fascinating that the people that took him seriously still are clamoring for him to return to his "lessons". Personally, I think he made his point, and there no longer is any purpose for him to resume. And furthermore, I am pretty sure that he is still with us using a different alias. I hope he is. Though I thought he was offensive in his approach, I appreciated his thought provoking posts, and the level of energy he added to ET. Now it is my intention to turn from the fundamental basis of my personal trading, which I think I got across in "successful trading". At least it earned me a place in the "Gems" series. For that, I feel gratified that at least some people benefited from what I had to say; which was my stated objective in the very first post of that thread. For this, I am thankful. Now I will attempt to broach the subject of Technical Analysis. For me, this will be a much greater challenge. I consider myself pretty qualified to talk about the mind set and psychology of successful trading. I do not consider myself by any means to be an expert in technical analysis. So instead of trying to pass on the knowledge I accumulated and refined in my way as I did in "successful trading", I hope to gain knowledge for myself in this thread. This will take interaction and open minds among us all. I hope that this little experiment will work. I hope I don't get too many wise ass interruptions from the usual non contributors. We all know in advance what kinds of brilliant comments they will make. I hope this works! I will start with a question. I hope the ball will roll in a direction that will benefit us all. And I hope to be able to take a more passive role in this thread and be a student rather than an instructor. But I will start it, and hope it goes the way I know it can if people are willing to share their experience, wisdom and thoughts. Not their negativity and sarcasm. Thanks, RS..