[Technical-Investor] A word of caution

 

This is meant especially for the 'newbies'.

 

I have seen a  huge bombarding of articles and trading strategies over the last few weeks.

 

I myself have gone through this phase, and I might be having close to 1000+ afls in my Amibroker folder.

 

I have reached a conclusion long back, that any further information will act negatively rather than positively, and one needs to be cautious, since you stand a chance of facing an overdose of information.

 

The result of this is that you find yourself more confused.

 

Over a period of time, one has to identify a couple of strategies that he/ she is comfortable with, and use that as the base, amd just look at new ones for information alone.

 

Do not try and change the base strategy every time you come across a new afl or a trading strategy, or a new pattern.

 

Do not forget............

 

OVERDOSE CAN KILL !!!!

 

Any strategy will work to give profits, as long as you have the mental discipline and money management rules.

 

Cheers,

 

AP

 

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