I'm pretty much a trading greenhorn, been plugging away at it for about six months, not doing too badly -- most days I'm in front! My issue is that I can only attribute this to 90% blind luck and 10% to ASF; not a good statistic.
Anyway, in about two years I would like to trade full-time.
- why I want to trade -- as a stepping stone in an overall 'passive income' strategy
- how I want to trade -- systematic/mechanical technical analysis, most probably in a custom developed piece of software, but always with a human pushing the Buy/Sell buttons.
Where I am falling down is what! Generally, let's say my weapon of choice will be Australian shares.
A few people on ASF have mentioned that they trade based on signals that their system gives them; often the only thing they know about the company is the stock symbol. What are some of the signals that people are using to indicate that of the thousands of stocks available, these ones over here are worth digging into?
Thanks for your time!