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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Dusty who wrote (9233)2/12/1999 4:14:00 PM
From: Chris Parenti  Respond to of 12039
 
Dusty,

You might want to try going to the start of this tread, read all posts by Richard and Dave E. Just use your back browser button so you can scan right through posts. This will give you a basic idea how to start. For the most part, the questions are directed at them anyway. Try to read a certain amount each night, and save to disk any that might be useful. I'm not saying others didn't contribute, it's just too many posts to read...

I left T/A way to early and paid a price for it. Post #90 gives an excellent review of books.

Chris



To: Dusty who wrote (9233)2/12/1999 4:44:00 PM
From: Richard Estes  Read Replies (3) | Respond to of 12039
 
My rewards come from the friends I have made. Those that applied themselves have seen success. Those that only wanted to use another person's knowledge soon fade.

Some general ramblings:

Learn to sell before you learn to buy. Selling is where you win or lose. NEVER allow a stock to fall more than 10% on a trade.

Don't come into a church to preach for the devil.

Learn to use the search engine at SI and on the net to find answers or details of TA or any subject. Don't expect others to repeat things that were covered 20 messages back.

Get a good data provider like Quotes Plus or TC2000. Don't use the net for charts. Get a good set of tools.

Read, read, read everything on TA you can.

While some jump to instant expert standing with no knowledge or experience. The subject of trading is not simple, if it was, everyone could do it, well.

Learn what your tools and indicators can do and are doing.

Most "classic" indicators were set up for Futures, not stocks, they require adjustment for trending stocks.

You can't wish, hope, or talk a stock up or down.