help - index trading sucks so far, page-7

1) Getting your head right is important. Be detached, and think of your trade in terms of "points", not dollars.

2) Following on from 1), remember you can go long or short.

3) Develop a method you're comfortable with and stick to it, and continue to evaluate the efficacy of that method. Doesn't matter if it's 1, 5 or 30 min timeframes.

4) Read extensively on calculating areas of support and resistance. I find Frank Dilernia's Trader Trading blog and book to be very helpful, an working out pivot point ("value areas") based solely on 0950-1630 xjo/spi values to be very helpful too.