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Old
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Default Indicator - 02-13-2008

Can someone please let me know what are the best 3-5 indicators out there for a starter like me, i would like to start paper trading and i am still struggling in choosing the best indicators for me to follow in my trading.

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Default 02-13-2008

Price and Volume it important indicator, RSI( Reletive Strange Index) 30 buy -70 sell

I recommend you just learn about price itself of whatever it is you plan on trading.

Simply, instead of taking the path of technical analysis via indicators...

Take the path of technical analysis via price action itself (no indicators)

Hope it help!
   
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Default 02-13-2008

Can u explain me what do you mean by saying stating " price action" and how to take advantage of it
   
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Default 02-13-2008

When a trader gets experienced enough he/she can watch price only and within their mind be aware of what has happened in the mkt and what is coming next. Price drives fear and greed because that is all the players in a game of probability have to hang their hat on when entering the trading room.
   
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Default 06-13-2008

My personal opinion is that price and volume are the important indicators when trading on stock e exchange you can just take the path of the techincal analysis via price action it self and make a good money. You also should look for other technical analysis and fundamental analysis aspects!
   
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Default 06-14-2008

Your own analysis is important, but dont try to fight the market unless you are risk taker.
You should look at two things, Price and Volume.
   
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