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[Metastockusers] Re: Should I follow indicators?



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Yeah, I have a suggestion. You should read something around a 100 
trading and systems development books, and then if you plow another 
few thousand hours into understanding what you've read, experimenting 
and figuring out how to trade with what you've come up with, then 
you'll be close, really close.

There's nothing anyone on here is going to post that will help you 
more than the above mentioned paragraph. 

If there was one good indicator--or trading method--we'd all be using 
it. We ain't. Indicators fit people and personalities. It's all in 
what you can use, and no one on here, or anywhere else, can define 
that for you. 

Go to amazon buy every book they have on trading and sytems 
development and you'll be off to a relatively mild start, but 
generally in the right direction. 
 
Read Van Tharp's Trade Your Way to Financial Freedom first. That will 
get rid of a lot of your misconceptions like entries are important. 
Read the other 100 books next, and then read Van Tharp's again. By 
that time you might have a prayer of getting it. 

If you want easy--go bowling!

Sorry, but them's the realities.




--- In Metastockusers@xxxxxxxxxxxxxxx, "chichungchoi" 
<chichungchoi@xxxx> wrote:
> 
> There are too much indicators for trading. Could anyone give me any 
> advise whether I should strictly follow one indicator to trade or 
> determine the trend with a lot of indicators for confirmation on 
any 
> trading signals?
> 
> If I follow one indicator, I will get a clear boundary for entry 
and 
> exit. If I determine the trend with a lot of indicators, I wait 
most 
> of the time, and miss the entry and exit, because there is no clear 
> boundary.
> 
> Does anyone have any suggestion?
> Thank you
> Eric





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