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


To: fftrader who wrote (3730)9/11/1999 1:17:00 PM
From: Paul Viapiano  Read Replies (1) | Respond to of 18137
 
there is sooooo much to discern between candlesticks,MA's,all the other indicators,and chart time frames, that I am trying to avoid information overload!!

ff,

Just try to start slow...learn a couple of simple methods and apply them to your own trading style and see what works.

I started off trading just 5 EMA crosses of the 21 EMA on daily charts. Made some great position trades; an especially great formula for a trending bullish market.

Even today, all of my trading (intraday or position)is based on price, volume and moving averages. That's it...I have several setups that I look for and let the market tell me where it's going.

The best trading rule is : Keep It Simple

You don't need all those fancy indicators...they will just add noise to the process and that is something you don't need when trying to trade from a clear and lucent mind.

Good luck,

Paul