All of the above are great answers and definite ways you should slowly engage the market. One side note that worked well for me when starting out.
Pick 1 stock/ETF and follow it on various timed charts to understand how it moves. I found it a lot easier to pick 1 security and just watch its habits and how the market reacts with it versus bouncing from one stock to the next.
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Sorry about that.
Well and update to my post from last night. I tried my new ideas and it worked. Anyone else using a similar setup? How is it working out?
I used:
1min and 5min candlestick
ROC and RSI lower indicators
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I am new to TC2000 and been messing around with indicators wanted to get some insight on leading indicators. I am trying to experiment with new technicals and usally use very short term charts. IE: 1,2,5 min.
My trading is exclusive to large volume ETFs (SPY<IWM<VXX). What indicators would be good for short term charting to help better anticipate trends?
I have been working a little with Stochastics and saw the ROC this evening....
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