i ALWAYS admit when i am wrong. Although, you are correct, i sometimes hold trades way too long. However, my goal is to catch the huge waves, this can't be done any other way. surf
From your link charts, price history How It Works/Example: <i>To perform technical analysis, investors start with charts that show the price and trading volume history of a particular security or index (for example, the Dow Jones Industrial Average) as well as host of other statistical measures such as moving averages, maximums and minimums, and percentage changes.</i> http://i50.tinypic.com/2061og4.jpg
seems I'm missing some of your trades. They are marked with green and red arrows. Maybe that's not the only thing I missed...
this is one way yes. but not the only way. some traders use price drivers, market statistics that also fall under ta. to reiterate, surrender accepted. you do not have to continue.
Surf. It can be done other ways. It's called cutting your losing trades quick, and holding your winners. I hear ya on riding "waves", but the only waves you should be riding are the ones you are in the money. Also, know when to catch the huge waves. Shorting YM's with the vix at 14.75 and expecting a huge wave is assinine. But shorting them when the vix is 30.00 and going for the kill makes a helluva lot more sense. A good trader knows when to go for that kill, and when to take the base hit. You can't trade with your mentality and expect to last long in this biz. Markets get quiet and you have to adjust. As far as you admitting when wrong, yes when it comes to your trades, no on everything else.