Barb,
I can appreciate that T/A can, and may, assist a day trader in attempting to determine entry and exit points.
But I am not a day trader.
I have done more market timing in the last six months than I have ever done, and I suppose that it may lead to day trading. Who knows?
One thing I do know.
When I was 16 to about 25 years old, I thought I knew it all. There was no one on the earth that was better or smarter than I was, and I thought my parents were the dumbest of all people on the planet. As I have now achieved some age, and what I sincerely believe to be a little knowledge, I now realize how stupid I was, and that I still have a lot to learn. Alas, now I have teenagers, that don't think me to be very smart.
Oh well, as they say, "the world turns".
When it comes to T/A, I am probably the dumbest person on the planet, but at least now I am smart enough to realize it.
Good luck, and have fun, I know I am, Phil |