Morgan,
Slow? 5% per day is 1000% per year! Analyzing several stocks is a sound way to go about trading (I won't trade any stock I don't have weeks of charts on) and, you're right, you just might find something that no one else has by doing your own data analysis. If you do find something to your theory, might I suggest that you NOT share it with us. As you know, once any system gets into the public domain, it stops working (everyone is trying to do the same thing at the same time). Sure, I'd like to increase my portfolio by ten times every year. But not on someone else's back, especially because I know how hard you are going to be working (I do my own analysis, that's why I'm still up at this hour). If you find RT insufficient, there are plenty of programs that will allow you to keep time and sales for the whole day. I use Window On Wallstreet's Daytrader for charting. Tradestation is supposed to be pretty good, too (can't stand the dongle, though).
Anyway, good luck. Creativity sometimes makes millionaires.
Paul Kaz |
