Gary's Greatest Hits on Trading

Editor's Note: Gary B. Smith will be back with his regular column on Tuesday morning. Today and Monday, he'll revisit past columns that strike to the core of his trading style. This column originally ran on RealMoney Jan. 27, 2001.

Two weeks ago, I had the pleasure of speaking to Georgetown MBA students about technical analysis and trading. They seemed to enjoy it, and I know I had a great time. (Even better was the fact that a number of them took me out for a drink or two afterward. It has been a long time since this guy had the company of a pitcher of beer, and a population composed solidly of folks in their 20s!)

In any event, during my two hours of rambling, I believe I made a few good points I'd like to share with you. Consider them the "greatest hits" of any seminar I'd give. They're the essence of how and why I trade like I do. You've been exposed to many of these thoughts before. Nevertheless, here's a quick review to whet your appetite:

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