im trying to start day trading for a living and have read many books and have applied there ideas all of which have failed.So my question is what is the best couple of indicators to use? any advice appreciated on this matter

jj - could do with twice the CGT for school fees myself! ;-))

No offence meant BTW. I figured Marty was intending daytrading as the only income and not just the "added bonus"!!

;-))

Matty1 - All of the points above are a must, keep the day job and set up some live feeds and trade US stocks with CFD,s ( on paper first ) as this will allow you to get the PM session in US and a feel for real time trades, beware though more volatile than UK so get a good plan / stock selection to work on. This will also give you an indication of the time frame you prefer to hold and risk levels. Forget the first income and live on only your trades after all this is what you must do if you want to do it full time. There is more pressure as each trade is your money. Try it, if you can not walk away from a loss ( learning your mistake ) and forget it, in other words thinking I have not made enough, short on my targets, how can I pay the bills, then best to forget it for a job as this will happen. to trade for a living is not only good methods, systems etc. it is a battle over your emotions, some can handle it some can not. LOL in what ever you decide.

it's v. simple imo - if you know what you are doing and it's been commercially viable already for a couple of years go for it - however if you don't know how to trade skillfully and consistently you are in for a shock. Treat it like any other business proposition!

matty get a really good trading screen set up. I recommend updata realtime. Set up your indicators and then back test using the updata simulator which adds or subtracts from your `fantasy` pot

A lot of people `lean` on other people for ideas but it is best to trial and error your own system. Often the best learning trades are the wrong ones so anyone starting out use a small pot (100) and trade in pence with fins

Snip,

Have you tried Updata P&F charts either for day or swing trading? I believe they are the best available would but would like to hear it from a practioner.

Also heard lots of bad things about Updata but also that they have improved greatly in recent months.

Would appreciate your views.

Regards
Harlosh.