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Strategies & Market Trends : Option Trades -- Ignore unavailable to you. Want to Upgrade?

To: RSAMBER who wrote (624)	2/4/1998 1:25:00 AM
From: Broken_Clock	Respond to of 2341

R- I am basically trying to learn the fundamentals of candlesticks(confirmation of the pattern is the most important aspect to a successful trade), trend lines in conjunction with bollinger bands, trend lines in RSI, momentum, etc.This must also tie in with support/resistance. I am gaining confidence by paper trading some of my "calls".Since I have extended my base of TA indicators, I am quickly becoming more selective in my trades.I'd rather make $500-$1,000 a week on one or two trades consistently than try to make a killing.The killings will come if I become a successful trader. I am trying to learn NOT to get in too early.This market is so volatile that things can go in the wrong direction quite strongly.Once in a trade, PATIENCE can be a virtue from day to day. Tomorrow I will be switching from OSX stocks to silver. kitco.com Good chance it will bust $7 tomorrow.Wow!If it crashes back like gold did Tuesday then I will hang back. Dave