1) For those of you who think Qcharts is no longer available...wrong. Esignal is keeping Qcharts. I just had to download Qcharts on my new laptop. I wore my old one totally out, so much you can hardly read the A key. Burial to follow shortly!
2) For those of you who think you need every bell and whistle on Qcharts...wrong. You do not. You do not need everything GW has.
Only keep what you use. Qcharts will tell you what you use. Yes some trading platforms give free charts but for S/O and I we have found they are limited therefore we like Qcharts because they are unlimited. We can have charts if we wanted for every single minute of the trading day. (NO we don't) I can have hot lists for every single thing I can think of and unlimited quote sheets. I read on here where someone had something like 100 stocks or something like that. With Qcharts I have thousands and thousands of stocks but I only have about 12 I use. It IS NOT how many stocks you have. It IS what you do with the one(s) you watch.
3) For those of you who think you need 4, 6, or 8 trading screens of 17+ ...Sorry but I have to sort of
. You have bought into the lie of more makes better. More makes a room HOT! S/O and I have had friends who thought they needed 4, to 6 screens and in fact we have had a friend who had 10 in his basement! Impressive? Yes. Expensive? Yes! A better trader? No. For the most part S/O and I trade on a 17" lap top on our dining room table. Lately however because S/O needs spinal surgery he is in a recliner and I am in my office with my OLD work horse and 2 17" screens.
4) You do not need every study known to man to trade well. In fact many good traders use 1 study that suits them. I have seem some that don't use any except moving averages. Pick what time frame fits YOU! If you work a day job you CAN'T trade like S/O and I. You will need to learn longer charts. Moving averages will still work for YOU! Just pay attention to your stock and which moving average(s) are the strongest on the chart you follow.
5) GO TO YOU TUBE! GO TO INVESTOPEDIA! Find something or someone there that will spark that thing inside you that says "OH MY GOSH I FINALLY GET IT!" If you don't find it by 5 years you may be someone meant to BUY and SELL stock NOT trade. My younger brother was like that. He couldn't trade options because he would hang on to losers and sell his winners. But stocks..OMGosh! That he can do! How? I have no idea. He has tried to teach me and I JUST DON'T GET IT. See what I mean?
Edited 1 time(s). Last edit at 07/30/2018 03:38PM by Darcy3.