Hi everyone,
I am another newbie on the block! I attended a generic 3 day course in Oct 2004 covering on line trading (options, fx, futures). I decided to concentrate on fx as I found it easier to understand than others which involved a lot more fundamentals and research etc.
I have been paper trading for about 2 months, reading a lot on trading TAs and analysing myself how I react to when trading (greed/fear). I must say I am between stage 1 & 2 and I have read this thread from the begining and I must say all that everybody has discussed is very valid and applies to each and everyone of us in different ways some more and some less!
I have been day trading and have not had a lot of success and I THINK my problem is jumping between time frames 5, 30 60min, getting out too soon etc. I will appreciate if anyone can share their system how they set eg. what time frame they look at first, what do they look for, what and how they use their indicators in relation to the charts.
I would like to apologize in advance if I am on the wrong thread and if my questions are basic - please guide me to the right location.
Thanx
me4x
