Newbie on Overload
Posted: Sat May 08, 2010 8:53 pm
I'm sure many of you experienced traders have been in the same situation.
You're new to trading, spent lots of time reading the forums/web, read up on lots of successful trading approaches, download a fistfull of indicators, flick from one thing to another as you read about something new that looks easy and successful!!!! Support/resistance, Gartley, Elliot Wave etc..........
I'm lost. I've reached the point where I can't find (or stick) with a trading strategy.
Anyone been in the same situation and emerged from the other side ??
If so, how ? I've been reading and paper-trading for the last 14 months, but with mixed success.
I need a pointer and some guidance on how to pull all the stuff I've learnt into a single strategy.
I'm UK based and work, so my trading is constrainted to outside office hours.
Any suggestions or sound advice ?
You're new to trading, spent lots of time reading the forums/web, read up on lots of successful trading approaches, download a fistfull of indicators, flick from one thing to another as you read about something new that looks easy and successful!!!! Support/resistance, Gartley, Elliot Wave etc..........
I'm lost. I've reached the point where I can't find (or stick) with a trading strategy.
Anyone been in the same situation and emerged from the other side ??
If so, how ? I've been reading and paper-trading for the last 14 months, but with mixed success.
I need a pointer and some guidance on how to pull all the stuff I've learnt into a single strategy.
I'm UK based and work, so my trading is constrainted to outside office hours.
Any suggestions or sound advice ?