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Old 04-20-2007, 12:50 PM
toptick07 toptick07 is offline
Senior Member
 

Join Date: Mar 2007
Posts: 215
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Welcome aboard. As you can see, there are many on this forum who are willing to help out.

Honestly, if you've never traded anything in your life, you've picked a difficult place to start. I suggest finding a couple stable, profitable traders to exchange ideas with. The "system" itself is less important than the experience and discipline of implementing a strategy. You'll find threads all over this forum discussing that subject.

Like the others suggested, start with a couple simple indicators and learn what makes them tick. Check out the simple math behind the calculations so you understand why certain price action or bar patterns make the indicator move. This may help you make better decisions. Go slow. There is no rush. The markets will be here tomorrow.

I found this in another forum posted by a decent trader regarding patterns and indicators :
"every thing i have posted has been learned from someone else. learning to trade successfully with them is the traders responsibility and trust me it is not automatic. ... ... now maybe some of you who along with me have listened to the drumbeat of go it alone you will never be a good trader until you figure out your own system will say along with me. BULL****. without help from others i would have quit a long time ago. do not be afraid to learn from others even if you lose trading their ideas. you learn more sometimes from the losses than the winners. spending money on books and tapes and websites over twenty years is how i got here."

I'm not saying you have to spend money on books and tapes. I'm saying you should find like minded traders to learn with.

Just my opinion. Best of luck...
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