matty1
- 02 Aug 2004 20:38
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
Velocity
- 04 Aug 2004 14:00
- 20 of 22
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!
Snip
- 04 Aug 2004 14:32
- 21 of 22
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
Harlosh
- 04 Aug 2004 17:48
- 22 of 22
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.