Recent content by BDT279

"work" in that whatever indicator(s) you're using helps you to make more decisions that go in your favour than ones that go against you. Either that or the sum of your good decisions outweighs the sum of your bad ones. btw - read the thread in your signature re spreadbetting firms and that...

The Alchemy article at least seems to give a fairly balanced discussion whereas my feelings on the first was that the author had made his mind up before writing it. I suppose perception as to whether TA works or not has a lot to do with the expectations of anyone coming into it. If you expect...

Cheers Hare. Think I know where you're coming from... I'd agree TA isn't predictive but if it can be used to simply give you an "edge" as to how a security is likely to move, when employed alongside careful risk management your hope would be in the long term that your wins outweigh your losses...

I read this article on the subject of TA with great interest this morning but would be interested to hear the views of some others on here as to the validity of it's arguments. Technical Analysis Debunked: 5 Reasons why we don't believe in Charting - Yahoo! Finance UK I'm very much a newbie...

Thanks Tom, that pretty much confirms my thoughts. Learning to walk before I run.... Sticking to large cap companies also makes sense for the reasons you mention. I think sticking with a simple system, which I understand, is important in the early days. Once I get to grips with that, I can...

Am a newbie who has almost finished reading Morton's book. Have spent a fair time reading various SB threads on this site that seemed to raise more questions than answers so decided to go with the book to give myself a bit of grounding before even thinking about trading live. Morton's...