StockFetcher Forums · General Discussion · Just wondering if there are any good chart pattern scans<< >>Post Follow-up
dvinci
1 posts
msg #36452
Ignore dvinci
6/24/2005 2:29:27 PM

Hello,

I am new here. I wonder if there are any chart pattern scans here or anywhere else that work well.




TheRumpledOne
6,358 posts
msg #36453
Ignore TheRumpledOne
6/24/2005 5:06:25 PM

They don't exist.

NO filter or scan in the world is going to make you money.

You have to get in there and TRADE!

It's not what you trade but how you trade it.




corsino
259 posts
msg #36455
Ignore corsino
6/24/2005 6:07:43 PM

It's true that no filter, by itself, is going to make you money. However, they can be of help in choosing stocks in which to trade. There are hundreds of filters posted here and elsewhere, most work well in good market conditions, but most don't work well in a falling market. There are "bottom fishing" filters and there are momentum filters. I think you have to decide what type of trading suits you best.If you are new to trading and don't have much money,I might choose two or three filters and either "paper trade" them for a little while, or just "nibble" until you get some experience. That's just my opinion.


joseph
15 posts
msg #37069
Ignore joseph
7/26/2005 8:55:18 AM

It is the old axiom by Peter Lynch " learn to earn" best of luck


StockFetcher Forums · General Discussion · Just wondering if there are any good chart pattern scans<< >>Post Follow-up

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