Hi, Last time I was here, I was a complete newbie. I've been reading some of the best TA books and took free lessons with Danielc1. New problem: Information I get overwhelmed by the bunch of info out there on the net. Thanks to Danielc1 and my books, I know there is a lot of crap out there. I would like: 1.to get market data (for free, hey... I'm a poor senior student) 2.historical data to understand what major market we're in. (I know some of the past via books, but hey, what's the situation we're in NOW? I would like to narrow down my knowledge to a time frame of swing trader) I would say we're in a rally in a major bear market. 3.to subscribe to free newsletters 4.endorse my TA with simple fundamental info. Where can I get short fundamental reports? US stocks. That's a lot! Thanks guys! I hope to become one of the big guys soon.. Martijn from Belgium, Europe.
"I would say we're in a rally in a major bear market." By who's definition? Just curious. peace axeman
As you can never be a 100% right, I would say, it's likely to be that way. I'm not going to get technical with you but I would say I THINK it's just a longer rally than first expected. Lesson one Danielc1 told me: never accept a tip from anyone and trust only your own idea. So..into the garbage with my idea.
Danielc1 is right, but you must also understand that you must consider time frame. You say you want to be a swing trader, if so then you should be considering the trend over the past few months (which has been bullish). It's all about time frame.
We're in a rally of a correction of a major future bull market for 2008/2012 notwithstanding artificially retained inflation so fake bull for economy which should be the last gasp before everybody pays the price of lies.
harry thats a pretty long term model. Please tell me when to short the market and when to go long so I do not miss out.
His question is about long term so I answered for long term Now I don't trade long term, I don't even trade daily scale only intraday scale because that's where my model is really acute. Now for short term see there: http://www.elitetrader.com/vb/showthread.php?s=&threadid=28668&perpage=6&pagenumber=11
Completenewbee, Who do you trade with? You can use Quotetracker: http://www.quotetracker.com/ with a variety of brokers, in which case the datafeed will be free for you. The software can be used for free or you can register it for $5 per month. Intraday charting is the strong point, but it does have full historical charts as well.