Forum Archive Index - September 2002

["Morgy" <morgy40@xtra.co.nz>]

 

For any one wishing to learn options trading, there are 2 good sites on learning, one for Australian options is through the ASX web site www.asx.com.au , look under options, it is a fairly good introduction to options trading.

Secondly, through the CBS marketwatch site at www.cbs.marketwatch.com there is a new free service from the US Options council for tutorial lessons on Options trading. You need to become a site member which is free.

The CBS site is a very good site in my opinion as it provides comprehensive Fundamental & Technical search & analysis as well as portfolio facilites (free) & also accepts ASX & NZ stocks, so if you want to get everyting for free under the same roof this is the site, as I say it is extensive.

 

Last Sunday I attended a seminar hosted by Phyllis for Dr Alexander Elder. two key points were hammered home about TA trading, firstly the KISS  Rule (keep it simple stupid, a key point Phaedrus has constantly reiterated to me) & he graphically showed how he would interpret charts using simple MA crossover techniques coupled with MACD & his own Force Index indicator for entry timing & Price envelopes for developing price targets. Secondly,money management techniques to keep you in the game long term & how to develop a trading journal to measure your progress. All this is covered in his 2 books. He also mentioned that he would not be trading much in the US share market next year, he sees "futures" as the money game.

Lastly, not a fundamentals Investor in sight  :-) . A good day, thanks Phyllis.

 

Regards

 

Morgy