MRF 3.17% 6.1¢ mrl corporation ltd

Rexless u remind me of my old self when investing or trading - a...

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    Rexless u remind me of my old self when investing or trading - a mixed approach and psychology/emotion affecting decisions. You need to decide what is the main strategy FA or TA. They are 2 separate ideologies that can also be used in a limited manner together. So you need to always ask yourself the question of Why? Lets focus on TA as that is what i focus on. Why are u buying at a price, holding or selling. So lets take your example of selling at 7 c. Why did you sell at 7 c. At a very basic level TA involves looking finding prices which have a history of support or resistance. The TA also reflects the sentiment, prices where selling or buying is concentrated. These are important to determine the range a SP can possibly move. To determine the strength of these there are various indicators involving volume, candlestick, trend lines, and many other indicators. It is not something to learn on a forum as it took me 3 months to learn the basics with a commitment of an 12 hours altogether with plenty more hours in practice. If you are interested i will post my email and u get in tough where i will send u info weekly for u to get a basic grasp. I wnt cost u anything and only requires u to read and email me questions.
    Last edited by insaf: 14/05/15
 
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