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

To: gonzongo who wrote (10203)	5/2/1999 5:05:00 PM
From: Michael Watkins	Respond to of 12039

Study some charts and get your own answers. You will soon forget mine. A classic, well said, answer. Nicholas, Its been said before - you need to take these indicators and make them your own. Since I've noted you posting there has been a lot of useful direction provided. Your questions seem to suggest that you are not looking at enough stocks. Develop a scan to find a setup you like, run it every day, and then step through the charts. Does the scan bring back too many? Not a problem, the learning will happen all the more quickly as you step through the charts. I guarantee you that if you place several indicators that you feel have potential, and step through 200 charts a night, in one week - maybe two or three, you will have greater sense of what works. What works for you. You may change, add or discard indicators over time, but eventually all will settle into a comfortable mix. Comfortable because you trust it. There's no substitute for doing the work and coming up with a consistant approach that you follow day to day.