[Stock.Jock]

I am relatively new to trading and still learning. Like most new traders, I'm still exploring various indicators. However, I keep hearing from experienced traders to focus on price and volume action; so I've taken a keen interest in reading through this forum's treads on Volume Spread Analysis. As well as reading through the abundance of pdf documents on the subject. Current I've been reading the book Reminiscences of a Stock Operator.

I wish to thank all of you for your answers to my question. All your input is valuable.

[tanalysis]

Indicators are good trading tool, but you cannot stick to buying/selling signals of one indicator "blindly". You have to use more tools (chart patterns, drawing tools, more indicators). If you follow one indicator blindly, your profit will most likely oscillate around zero.

[Tams]

trading is like flying an airplane...

some people will tell you that you need to "feel" the wind, listen to the engine, and be one with the airplane.

others will tell you to look at the instruments.




doing one without the other is a recipe for disaster.