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Old 03-23-2008, 04:28 PM
Trvlwanderer Trvlwanderer is offline
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Re: First Post, New Trader, Help Wanted!
Maybe a direction to head would be chart patterns on a longer time frame. Maybe 5 day swings to 30 day positions. Trade entry would be small so stops and targets would have a chance to pan out without sweating during the day.

Take a look at Bulkowski's (sp?) work on chart stats. Might be an opportunity to build a system that is flexible around your schedule.

Caveat would be the current conditions of the market in stocks. FED, news, etc. make it more difficult at this time....but what is new?

FOREX paper trading small lots would also be a good ground for testing systems before leveraging in at 200:1.

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