If reading TA books puts ya in a Pickle,I suggest you download some free charting software so you can apply what you're reading. Google it up-free charting etc and you'll find INCREDIBLEly CHARTS can be done for Free. Main cost/expense is in Data Feed of Prices Live during the day and the Free Ones IC or have seen,have a 18hour delay ie todays price action is shown tomorrow.
I suggest you concentrate First Up on being Fully Educated on Support and Resistance Lines rather than jumping off on to all the Fancy High Maths "rot" about Scholastics/MACD's etc etc. What charting TA is good for is in identifying Buying Prices and Short Term Trading[week to 6months] Pickle you can Day Trade but you have to have Experience/at least say 50grand/and certainly have ya head together beyond Fear'n'Greed. Personally I reckon the Chief Psycho Position you have to Achieve is to be able to Operate without REGRET.Feel No Pain.Use Stop Loss.
No hesitating on the Coulda,shoulda,woulda If Only I hadda bought,sold at that price instead of the NOW!!
Hope ya can break d'Code,pickle.You need a Charting Programme that also has Free Education attached.Not just those garbage BigCharts that ya Broker might provide. Incredible. I have these Dogs/enemies snapping out TOU's on me because,well,they're blessed Ignorant and only run to Authority whinging about me doing Advertising or some such petty rule cos even on one of my bad days i show 'em up as DILLS!!
pickle,ya also have to cultivate a self imposed Arrogance along with dat feeling of NO Regret!!
cheers. off now so no further replies today.
GSL Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held
