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Strategies & Market Trends : DAYTRADING Fundamentals

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To: - who wrote (467)6/10/1999 4:42:00 PM
From: TraderAlan   of 18137
 
PAT,

<I've been to hardrightedge.com a few times, but haven't really "discovered" what is the most useful there yet, I'm sure it's there -- would you care to educate the uninformed? I'm always looking for new sources of info/education>

HRE started as "Day Traders Diary", my personal home page several years ago. I used to post my trades each week for my own education. A tutorial section started out of that process and is now comprised of close to 300 pages of free articles on technical analysis and trading as well as a fee-based traders course, Mastering The Trade. Many lurkers and participants of this thread have taken that course and can offer their own experience.

I also write a weekly column entitled The Traders Wheel that began from a 2-hour chat presentation I did for CompuServe several years ago. The site also has extensive resources on finding TA on the web and Morning Trader, which does 10x the page views of all my other pages. That is a daily scan page featuring the results of scans that focus on specific stock setups.

My strength is my point of view on TA. I focus on pattern analysis much more than reading indicators. The site presents many techniques for readers and students to identify the underlying greed/fear sentiment within the patterns. Much of the work relies on concepts I originally heard about through LBR, especially looking at market quirks in order to identify potential setups. Above all else, I believe what it does best is allow traders to develop original thinking when it comes to trade preparation.

The site also has a clear point of view that many aspects of patterns and TA remain undiscovered. I spend many hours cataloging new patterns that have profit potential and then trade them before I write about them.

Alan Farley
editor/publisher
The Hard Right Edge
hardrightedge.com
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