My best advice is to follow the market. Watch the market everyday. Also, know the economic calender, and read the detailed reports of their releases. That was the only advice my father gave me years ago.
Following the market is how you develop a feel for it-- what others call an edge. I think this edge can, in part, be learned. If you ignore the market as a whole and wait for technical patterns you studied to emerge, you will not develop a feel for it. I also believe that following others too closely can impede the internalization of your understanding of the market. One you have your own footing, feel free to assess others' opinions."
Conclusions:
1. This was and is my strategy -- waiting for the technical set up -- for the past few months. "There is no holy grail; you primarily need an understanding of what the market's condition is, and have the technicals aid you."
2. This was NOT my strategy for my most successful trading -- I did NOT rely on technicals. I just tried to understand the market.
3. Over the past few months, I was looking for certitude from Joe, Tim Night, Futia... I was looking for a helper. Not relying on my own work. My work meaning my understanding. Look at the post below; look at the prediction in bold. back in July, I had predicted 1000 by September. I bolded it then -- NOT now.
4. Other traders will always be wrong. Read Yahoo, read the Econ reports, understand the fundamentals of the economy.
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