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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: - who wrote (467)	6/10/1999 4:42:00 PM
From: TraderAlan	Respond to of 18137

PAT, <I've been to hardrightedge.com a few times, but haven't really "discovered" what is the most useful there yet, I'm sure it's there -- would you care to educate the uninformed? I'm always looking for new sources of info/education> HRE started as "Day Traders Diary", my personal home page several years ago. I used to post my trades each week for my own education. A tutorial section started out of that process and is now comprised of close to 300 pages of free articles on technical analysis and trading as well as a fee-based traders course, Mastering The Trade. Many lurkers and participants of this thread have taken that course and can offer their own experience. I also write a weekly column entitled The Traders Wheel that began from a 2-hour chat presentation I did for CompuServe several years ago. The site also has extensive resources on finding TA on the web and Morning Trader, which does 10x the page views of all my other pages. That is a daily scan page featuring the results of scans that focus on specific stock setups. My strength is my point of view on TA. I focus on pattern analysis much more than reading indicators. The site presents many techniques for readers and students to identify the underlying greed/fear sentiment within the patterns. Much of the work relies on concepts I originally heard about through LBR, especially looking at market quirks in order to identify potential setups. Above all else, I believe what it does best is allow traders to develop original thinking when it comes to trade preparation. The site also has a clear point of view that many aspects of patterns and TA remain undiscovered. I spend many hours cataloging new patterns that have profit potential and then trade them before I write about them. Alan Farley editor/publisher The Hard Right Edge hardrightedge.com

To: - who wrote (467)	6/10/1999 10:13:00 PM
From: Craig K	Read Replies (1) \| Respond to of 18137

There is also a self testing book to go with "Trading for a Living" Craig

To: - who wrote (467)	6/11/1999 11:09:00 AM
From: Dr. Stoxx	Read Replies (1) \| Respond to of 18137

PAT, Thanks for your response and questions. a) I'm in complete agreement with you about Elder's book. I've given away every other book on trading and investment I own except that one. I must have read it 5 times now. Glad to hear Elder is well-respected at Pristine. b) I go to hardrightedge's "Morning Trader" section each evening to check their "dip trips" and "bear hugs". I get about 2 to 3 picks a week from this list that end up as recommendations on my Befriend the Trend Trading thread. What I often do, however, is fade HRE, i.e. go long on their bears and short their dips. I only do this, of course, if they meet other criteria as per the rules of BTTT. With all due respect to TraderAlan, HRE needs some improvement to their "tour the bells" section...which is intended to give instruction on how to play their Morning Trader calls. It lacks clarity, fails to describe adequately the dangers inherent in each of the "bells", and needs more examples. But this is more than made up for in their "Market Call" section which is one of the best, daily TA instruction sites on the web. I'd be curious to hear from anyone who has taken their course (seems reasonably priced). c) Financialpicks is a pay site (very reasonably priced) that gives buy/sell recommendations on stocks, options and SPY. I subscribe to their SPY and index options service (only about $12/month) because they have an uncanny knack for picking market tops and bottoms (they recently called the S&P high within $1!). d) For more information about Indigo, go to the Indigo Software club on Yahoo (see Yahoo clubs and type in Indigo in the search box). e) Zeus is also a pay site. They used to have a free 30-day subscription which I once tried. Made a few very nice trades...but they are too expensive for my taste. I'd rather do the work on my own and save my money for trading. They still have a free trial, however. It is worth a look. Generally, I found them better at shorting than going long. Hope this helps, TC. Befriend the Trend Trading Subject 21685