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Re: stumpyjohnson post# 997

Wednesday, 03/23/2011 11:39:26 AM

Wednesday, March 23, 2011 11:39:26 AM

Post# of 1397
Thanks for the pointer to the book with the formulae. I am a geek, LOL. As a matter of fact, I built a database that sucks data down all day long in real time on 500 hand picked stocks and makes real time trading decisions, so having a bunch of formulae would definately suit my needs.

I have a site or two with some formulae, but its always nice to have them in a book. I love books, so I'll check this one out on Amazon.

As to what I recommend to learn to trade, I say to get Steve Nison's latest book and then to develop the daily habit of listening to Tommy O'Brien on the subject of trading volume patterns and fib numbers. I had listened for the last three years almost every day on http://www.tfnn.com/

I do not subscribe to all he does, but there is a central theory of the necessity of timing the trades that governs the way I've come to do it.

And it works, although I need to warn you ahead of time that the basic ideas, while logical, are counter intuitive to a certain extent, which made implementing them hard to become habitual.

Finally, and in my opinion, the most helpful site I've ever employed is http://www.stockfetcher.com/

At this site, which is a subscription site, you get a vast set of fully exampled indicator choices, but most importantly, you get to write your own custom indicators. I generated a set of them that I call my diffies and I use them at night to find candidate stocks for trading tomorrow. At stockfetcher, BTW, I recommmend the more expensive subscription becuase only with it can you create truly complex custom indicators.

So, thats my WORD, for what its worth.

Hope that helps.

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."

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