"Say maybe just three or four essentials".
More like hundreds. Everyone thinks this going to be so easy, buy the dip, but it is not that easy.
Takes years to figure out if you going to be a Soros or someone who is going to grind it out and take in direction of big money. For me, was better to be a grinder, make something, anything each day, week, month, year, early years it is inverse.
The complete guide to the futures markets. Fundamental analysis, technical analysis, trading, spreads, and options, by Jack Swagger, I got it in 1985
There are no right or wrong moving averages. Many on here don't trade and yet I have gotten very good ideas from them. Secret to my way of trading is studying extremes on charting, finding patterns that most over look, so you end up not taking last signals as market is changing trend, then identifying other chart patterns that show continuation of current trend, support and resistance, clusters of highs/lows will either produce entry or stop me from buying into resitance. Risk management should take the longest time of management of the whether to take signal at all based on past time of charts, existing trade, knowing all the answers in case any problem happens, this will take years/decades as some problems don't happen all the time, learn to take losses and not ruin your day, if you not having any losses in a day means you not trading enough.
Swagger's book offers great ideas, but you have to think outside the box for entries, go wild and think of off the wall and always sim, back test great deal, it is your hard earned money at risk.
After 42 years of trading, it has gotten so boring, and yet have so much knowledge and it takes so many years to acquire. When people say it can't be done, either they doing it and don't want you to figure it out or they can't do something. People don't like others to suceed.
