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Old 10-02-2004, 17:31   #16 (permalink)
mishak
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Exclamation to sandymochida

Hi, you've made some good points
Quote:
1. being patient,
2. Use TA only
3. proper money mgmt.
Myself would put the MoneyManagement on the first place. It is the question one should ask before make first real money deal.
Being patient will be my second.
And I cannot agree with use TA only.

- There are some very good strategies to trade on fundamentals.
- Some of novices like to pay moeny for signals (or strategies, or "black boxes") and then just follow them.
What do you think ?

Quote:
Indicators only works in a trending market
This is not correct
There are some TA indicators designed to work well in ranging markets (sideways, horizontal trend). They are called oscillators.

Quote:
using too many indicators, it will be confusing
This is good, I agree completely.

Take care and have fun

Last edited by mishak; 10-02-2004 at 17:36.
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