Basics of Trading: Part 3

T2W Bot · Feb 6, 2005, 1:45pm

We've just published a new T2W article called "Basics of Trading: Part 3" by Mark Williams.

Quick Summary: The final article of Mark's popular series outlines a basic trading strategy.

PS. Don't forget to rate the article after you've read it and share your comments on this thread.

ale · Feb 6, 2005, 1:45pm

An excellent finish to an informative set of articles, FTSE Beater.
I hope these remain available for many moons.
The examples have clarified so much for me. I was thinking of signing up for one of the various courses around but I'll spend some more time in T2W before taking that idea further. And the Finspreads suggestion is great (thanks Jimmy1jag)

jimmy1jag · Feb 6, 2005, 3:46pm

Indeed a good finish to this series of (necessarily) short articles. I have taken this strategy for my starting point and have since developed it further to include some indicator analysis as well... in my view a must! Not everyone uses indicators, but I prefer to and find it helps ME.

Anyway, FTSE Beater, many thanks for your work putting this together.

Jimmy

FTSE Beater · Feb 7, 2005, 11:42am

Hi all

Yes that's it the final part.....for now

Who knows what the future holds

--------------------------------------------------------------------------------------------------------

Hi Ale

I'm glad you enjoyed it and I believe it will be on the knowledge lab for a long time yet.

--------------------------------------------------------------------------------------------------------

Hi Jimmy

Brilliant - By all means, take the strategy, play around with it until it suits YOU!!! and at the end of the day - what ever strategy you use MUST be one that your comfortable with.

tcksee · Feb 9, 2005, 8:24am

Very well explained charts etc

trendie · Feb 9, 2005, 9:32am

Excellent series, Mark.

I relate completely to the need to set stop-losses, and take small losses.

Well-illustrated with good examples.

Splitlink · Feb 10, 2005, 5:20am

Quote:

Originally Posted by trendie

Excellent series, Mark.

I relate completely to the need to set stop-losses, and take small losses.

Well-illustrated with good examples.

I came across what happened to RB. yesterday and thought it might serve as an example to
the posts warning on the placing of stops. Its difficult to know where to put them, but put them you must!

RB. had results yesterday. I have not looked at them but it caused a spike.

Split

salicsale · Feb 10, 2005, 5:31am

Hi to all
Very useful and practical, thanks Mark.
I have only one question why your target is on 1570 (part 3, page 3, long from 1547).
I don’t see any resistant there.
Thanks once again.

Feb 6, 2005, 1:45pm	#1
T2W Bot I run on batteries Member Since Dec 2004 1,907 Posts	Basics of Trading: Part 3 We've just published a new T2W article called "Basics of Trading: Part 3" by Mark Williams. Quick Summary: The final article of Mark's popular series outlines a basic trading strategy. PS. Don't forget to rate the article after you've read it and share your comments on this thread.

Feb 6, 2005, 1:45pm	#2
ale Senior Member Member Since Dec 2004 108 Posts	Re: Basics of Trading: Part 3 An excellent finish to an informative set of articles, FTSE Beater. I hope these remain available for many moons. The examples have clarified so much for me. I was thinking of signing up for one of the various courses around but I'll spend some more time in T2W before taking that idea further. And the Finspreads suggestion is great (thanks Jimmy1jag)

Feb 6, 2005, 3:46pm	#3
jimmy1jag Senior Member Member Since Jan 2005 226 Posts	Re: Basics of Trading: Part 3 Indeed a good finish to this series of (necessarily) short articles. I have taken this strategy for my starting point and have since developed it further to include some indicator analysis as well... in my view a must! Not everyone uses indicators, but I prefer to and find it helps ME. Anyway, FTSE Beater, many thanks for your work putting this together. Jimmy

Feb 7, 2005, 11:42am	#4
FTSE Beater Legendary Member Member Since Feb 2002 1,528 Posts	Re: Basics of Trading: Part 3 Hi all Yes that's it the final part.....for now Who knows what the future holds -------------------------------------------------------------------------------------------------------- Hi Ale I'm glad you enjoyed it and I believe it will be on the knowledge lab for a long time yet. -------------------------------------------------------------------------------------------------------- Hi Jimmy Brilliant - By all means, take the strategy, play around with it until it suits YOU!!! and at the end of the day - what ever strategy you use MUST be one that your comfortable with.

Feb 9, 2005, 8:24am	#5
tcksee Junior Member Member Since Aug 2004 40 Posts	Re: Basics of Trading: Part 3 Very well explained charts etc

Feb 9, 2005, 9:32am	#6
trendie Legendary Member Member Since Jan 2004 5,680 Posts	Re: Basics of Trading: Part 3 Excellent series, Mark. I relate completely to the need to set stop-losses, and take small losses. Well-illustrated with good examples.

Feb 10, 2005, 5:31am	#8
salicsale Rookie Member Since Jan 2005 8 Posts	Re: Basics of Trading: Part 3 Hi to all Very useful and practical, thanks Mark. I have only one question why your target is on 1570 (part 3, page 3, long from 1547). I don’t see any resistant there. Thanks once again.

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