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Old 07-12-2004, 08:53   #15 (permalink)
philhackett
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Being Serious About Trading

1) Either be an engineer or an oily rag. You choose. Best to get trained as do Plumbers Doctors Lawyers etc. This is not a business for amateurs, hence so many heavy losers.
2) Keltner Channels, 5 SMA are essential. Dema is the best available.
3) 50 MA gives an idea of where the day is going.
4) Floor Traders use Pivots; you should too.
5) Dealbook can be trialed free, for a month. You can then set up my indicators and see for yourself. This morning it produced 25 pips in a very quiet market.
6) The only indicators I need are KC, Bollinger, Dema, Pivots. Others are suggestions to help those who do not realise they are not as experienced as they think!

If you cannot appreciate the significance of my system, you shouild not be trading. I have not loast money for years!
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