Time to get cracking

[sommi]

After three years of fundamental economic and financial study at university, a year of researching ASF and looking into chart analysis, it's my time to step out there and start trading.

My first attempt is going to be 'swing trading' since I am currently working during my holidays and cannot day-trade as often as I'd like to.

Would I be able to make sufficient trading decisions based on Google Finance data?

For example: www(dot).google.com/finance?q=ASX:MQG

I do not want to get AMIBroker as of yet because I don't see how minute-to-minute live data is going to benefit me at all.

Thanks for any help!

 

[professor_frink]

Would I be able to make sufficient trading decisions based on Google Finance data?

For example: www(dot).google.com/finance?q=ASX:MQG

no, I doubt it.

 

[ginar]

After three years of fundamental economic and financial study at university, a year of researching ASF and looking into chart analysis, it's my time to step out there and start trading.

My first attempt is going to be 'swing trading' since I am currently working during my holidays and cannot day-trade as often as I'd like to.

Would I be able to make sufficient trading decisions based on Google Finance data?

For example: www(dot).google.com/finance?q=ASX:MQG

I do not want to get AMIBroker as of yet because I don't see how minute-to-minute live data is going to benefit me at all.

Thanks for any help!

Pretty hard to trade fundementals on last years data , you really need uptodate analysis of projected fundementals with timely updates and like a good chart package it costs money . also finding reliable analysis is another problem , ive found that fundementals are a little like chart indicators . work in hindsite with considerable lag . as far as chart packages go , you can do free 14 day trials with most of them , should get you by for a few months after which you should have an idea of which one suits you

 

[sommi]

Would you recommend I start getting into AMI Broker now? I'm a bit iffy with all the coding and the data streams...

 

[nunthewiser]

I sure like your profile photo

 

[Mr J]

Would you recommend I start getting into AMI Broker now? I'm a bit iffy with all the coding and the data streams...

No, you don't need Amibroker.

 

[sommi]

Because my time frame is likely to be once or twice a week, what would be the problem with using Yahoo Finance or Google Finance's daily charts and observing the candle sticks?

 

[Trembling Hand]

Of course you know that the next step in the "time to get cracking" thing is to test rather than do.