IgazI wrote:I didn't use a computer when I first started trading.
Imagine sitting at your kitchen table and all you have are paper charts, a pen, a ruler, a coffee, and a phone:
the long range charts are only 'moving' after you call the broker and update the charts.
you're sipping your coffee, processing the new information, you look at your watch, it's time to call the broker and see how your trades are doing.
the broker gives you the updates and you call him back and inform him that you want to place a trade; he is on notice that you will be ringing him up like a crazy girlfriend for the rest of the day, days, and possibly week.
Am I making money, am I losing money, should I buy more, or should I get out? that's all you want to know, you're not looking for 'pretty'.
You start a vertical line chart and watch as the price gradually moves in your favor, and then market closes.
Was my trading 'gimped', could I have done better with tick data?
Does the type of chart I am using change how a buy or sell stop is activated?
Is it possible to get a "better" closing price?
Tell me again what you "need" to trade. . .
Neither did I.