Forum Archive Index - August 2002

["Bertie Wooster" <bertramwooster@SoftHome.net>]

Hi folks,

 

As a novice to this sharemarket carry-on, I've been lurking this forum for a couple of months now, and found it very interesting, especially Phaedrus' charts.  At the same time I have been doing some study of TA, with the help of a library copy of Alex Elder's book and the ASX charting thing at incrediblecharts.com.  I've just got a couple of questions:

 

-What sort of win/loss ratio is possible with good TA?

 

-I guess I should probably paper trade to find out, but what sort of average return can I expect on my investments with a sensible trading system etc?  How closely are predicted returns in Metastock backtesting matched by actual returns?

 

-How rigid should one's system of selecting stocks to trade be, i.e. should you reject a possible trade because one indicator gives a less-than-positive signal?

 

Thanks in advance for any reply,

 

Bertie.