Simple TA by Wizetradr

[Wizetradr]

Hey Buck, I have noticed on the charts that you post that I think it was 4 out of the 5 indicators you use are all in the same group of leading indicators, Rsi and Stochastics for example tell you pretty much exactly the same thing, so they are just reduntant indicators. I could explain to you the differences in the different types of indicators and why it is important to use a variety of types of indicators, but that would take way to long, so here is a link that has is a great source for understand the differances between indicators and how to use them.

Just so you know I only use three indicators other than the moving averages, they are RSI, MACD, and CMF. This is strictly a personal choice on my part, but they work for me, you may find others that work better for you, but the main thing is keep it simple, the more indicators you use the more confusing it gets and my little brain can't handle an overload of indicators. Heres the Link:

http://stockcharts.com/education/IndicatorAnalysis/indicators1.html