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plungee

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  1. Gee, Salma, I 've always thought of Fundamental Trading as based purely on the Financials as posted by each Company. News, rumors, etc. are pretty much excluded unless the news is an announcement about the Fundamentals such as Profit announcements, new dividend payout changes, etc. Trading is gambling if you do not limit your risk and have no profit target. These are based on the Technicals & Fundamentals. Technicals are usually determined thru Charting software. When you have spent several years learning these things, you will have removed most of the gambling from trading. Best of luck in your future "gambling"
  2. I use SIERRA charting & have no problems with WIN 7. Also Interactive Broker's TWS, Zaner TransAct all work just the same. Internet Explorer has refused to download an item or 2, I just switch to Chrome or FireFox. I see from the other replies that you will be in good shape. You can transfer all your files from the old harddrive using WIN 7.
  3. Check out Al Brook's book, "Reading Price Charts Bar By Bar". It allows trading from a minimalist POV & I find it a difficult but very accurate read. A lot of time must be spent learning the very exacting psychology of each price bar, not very obvious to anyone without years of experience. He uses mostly just a 5 minute chart with a 20 period EMA, trades all instruments. And, remember, no one wins all or even most of the time in this business.
  4. What's most important is that your technically have 0% risk, not counting the cost of trading. As for your 0% invested or 200%, neither is correct. There is never more than 100% of anything. !00% is all there can be. Look at it as if you were invested in stocks, long 5000 shares and short 5000 shares. You are 100% invested with 0% risk, but, in my case, I must pay 5 cents a share commission ($500) plus slippage just to go nowhere.
  5. Cowcool, all MAXovrs will be whipping on choppy days. The ONLY way around it to stay out on choppy days or use a slope device, and only trade when the angle of the slope exceeds a value you will determine. Then, also change time frames on choppy days, go to a higher time frame. That will show you why you can't take trades that look good on the shorter time. I used to trade the MA Xover and found using a 5 or 8 min with a 12 or 15 min for daytrading works IF you are careful with the slope. Not all software can give slope angles of a TrendLine or Lin Regression Line. Just to complicate this a little more, you need to be careful with the aspect ratio of your chart. If one chart has wider spacing the angle will be lower, than another chart will very close bar/candle spacing
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