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Strategies & Market Trends : Grain Futures Trading

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To: wiley murray who wrote (231)11/23/1998 12:50:00 AM
From: nicewatch  Read Replies (1) of 645
 
Wiley, Glad to help. You are right about some things being in the eyes of their beholders. The thing about indicators and charts... etc. is that they can work- being the edge between winning and losing for some(like me)- but some indicators, methods, etc. are better than others, in fact some indicators and methods will cost you a lot of $... trust me I know. The task then becomes to separate the wheat from the chaff, imo. The upside is that there is more than one method that works out there... but the holy grail in it all is finding the right method for YOU, assuming you have already separated the wheat from the chaff. Otherwise, no TA is better than a bad TA. To that end, the three books that HG recommended would help a great deal, imo. Moreover, there is some (very little) wisdom to be found on SI. Confidence comes with experience, imo, that's why it's important to try and do things right from the start, so positive experiences build upon themselves. Consequently, coming from that perspective I can rely mostly on technical stuff, with little regard- and knowledge much to my chagrin- for the fundamentals and stuff like that. It's the way I'm comfortable doing things. You should be looking for your own comfortable way of doing things imo. FWIW. later Frank
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