SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Scrumpy who wrote (91153)3/31/2000 11:36:00 PM
From: Jenna  Read Replies (2) of 120523
 
marketgems.com.
But keep it simple. Its best to know about 12 patterns really well rather than scant knowledge of 56 patterns. I filtered from the book those that we use on and on. Also note that for both 10 and 5 minute charts the candlesticks are the same signals like daily charts. Daily charts are obviously stronger trend change markers. Intraday charts would be good to signals you if your daytrades are in danger of moving down or if they are 'reversing' and moving up. Of course nothing is infallible.

I've got over 54 books that I've read in the past 4 years but have settled on the 6 or 7 classics. Careful about any 'daytrading secrets' you read as some strategies are 'faddish' and disappear in time. Any books by Larry Williams, Alexander Elder, Edwards & Magee, Thomas Dorsey, Martin Pring, John Murphy and Laurence A. Conners will last a lifetime... and get ingrained inside your head permanently as part of your trading and even investing strategy. Other books will come and go as quickly as you read them. No books that claim "Wizardry or Hit & Run Tactics" should be taken seriously. Books on particular trading systems are the worst. At the head of this 'keep away from' list are expensive add-ons to programs like Tradestation, Metastock and Advanced Get. If these programmers knew so much they'd be more successful and not be willing to share these 'secret programs' with the world. This is just my opinion after some thousands of dollars of books and many of them wastes of time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext