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Strategies & Market Trends : DAYTRADING Fundamentals

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To: jaybiegh who wrote (11001)12/18/2000 5:20:54 PM
From: booters  Read Replies (1) of 18137
 
Hello jaybiegh,

I think reading the books is OK as long as you do not believe any thing they say. Read them with the idea of using them to familiarize yourself with terminology and broadening your view of the possibilities.

You will find after a while that nobody can give you a system you can trade profitably. Not that they are not using it and profiting, but you won't be able to. Trading is way to personal, you must take pieces and parts from all the possibilities and find the method that fits you and your needs. Nobody else's is going to fit you just right.

So reading the books can give you an idea of what direction you may or may not like. You can also pick up some ideas you could modify and make your own.

Start small regardless of the money you can lose, I do not think profit is the point to begin with. You want to get the feel of the market and the instrument you are trading. You want to find out what you are compfy with.

Just sit and watch and absorb. You will be surprised how much you will learn by just doing that while testing little ideas you may have.

Good luck, you are starting at a very good time.

boots
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