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Strategies & Market Trends : General market lab and commentary -- Ignore unavailable to you. Want to Upgrade?

To: Robohogs who wrote (431)	5/23/2016 12:52:42 AM
From: tuck	Read Replies (1) \| Respond to of 668

I hope you've been making decent money out of your work, as you're clearly putting a lot of effort into it. Regardless, Yahoo Finance data is unreliable in several other areas, and if I were in your shoes I'd be considering paying up for a better data source. I don't always understand what you're saying. When I do, it's sometimes equivocal, as is just about everything in trading. I've learned to time stocks, not markets (an approach Rick has advocated for years; I had to learn the hard way). I use far more basic balance sheet analysis in conjunction with support/resistance levels and degrees of oversoldness/overboughtness. The support levels come from here: Stock Consultant I mostly ignore their actual trading recommendations, because I don't understand how they derive their targets. My timeframe is mostly intermediate to long term. I trade short term on occasion, but if I lose when I run my whole portfolio that way, or do it all the time. Short term only on stuff I follow and have a feel for, always micro positions. Nevertheless, I'll be sorry if you burn out and stop. Yet I hope you're doing this mostly for yourself. Your sharing is appreciated. Cheers, Tuck