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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (680)	10/30/1997 10:57:00 PM
From: GeneM	Read Replies (1) of 12617

I, like you, prefer to trade at home; a bit more expensive, but way more relaxing, which increases one's ability to concentrate (I think). About Smart Money: just read their disclaimers; they either have a position or are paid for every stk. they promote. So much for their integrity! Taking an SOES course is a very good starting point, for those inclined toward day trading; but, I would never recommend trying to day trade until one learns to read monthly and weekly charts first. When they feel comfortable with their ability to do that, then start trying to learn daily charts, and progress from there. Paper trade until one feels they really have a technique that they have confidence in. A technique doesn't have to be complicated; for example: I have some success by employing a simple, 3 MA's [5, 10 and 50 days], with an oscillator. Other than that, I agree with finding the strongest stk. you like and playing it alone. Employ stops that are within your risk tolerances and have some fun. GeneM

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