Hiya Butch! Great to have you here :) How long are you looking to hold your investments?
There is no techinical analysis method that is 100% right, hey, there is no method that is 100% right, unless you know something no1 else does, like martha :D
Welcome Butch, :welcome I hope we can help you here, this is a comfortable environment where everyone feels comfortable asking questions! I hope we can be of help!
Thanx Ozzy, I've been researching the MACD Chart. Naturally I see MANY successes but no failures. My guess is MACD is not perfectly accurate 100% of the time. lol Are there any places to go to examine MACD Failures? ??? :)
howdy doody!!! :welcome enjoy your stay our investing palace.... The superiorinvestor.net chahine
[quote:2e87fc3db0="Hathor"]Hiya Butch! Great to have you here :) How long are you looking to hold your investments?[/quote:2e87fc3db0] Hi Hather, Short term I'd expect. I'm looking to trade in and out to achieve high rates from timing. Are there any progarms I can get to allow me to trade on paper only, to see how I do? ??? :)
What kind of financial planning do you do? Are you talking day trading, swing trading? Short term investments often have extra costs associated with them. And if you do a lot of it, you'll have a lot of extra paperwork to do at the end of the tax year. Holding a stock for less than a year will get you capital gains. More tax..
I'd like to begin by working on passive monthly income with options. I've been in life insurance and annuities for the last 10 or so years. Completely missed the TECH revolution. LOL All of the paper only software I see in for futures. I need to begin at the beginning. I don't even know enough to ask the right questions yet. :)
Thats cool.. I don't dabble in options too much. I don't feel that I know enough about them to trade effectively. (Without the possibility of losing my ***) I hold just a few stocks myself.. Holding a stock isn't a problem for me and I'm not looking to derive income from it at this time. Maybe some other members here might have a little more knowledge than I on that type of trading...
Personally, I think like this: I invest in what i know, if i worked for AT&T and knew a lot about telecommunications my portfolio would be 99% that. I find that their are enough stocks for my interest to keep me invested. There are so many choices, why invest in something that you don't know as much about? IF you do know all about options, then yea!, but if you don't just stick to stocks; theres plenty of money to be made there! this is just my opinion 8)