a list of stocks to look at?
hi guys coming from the forex world where I’m limited to a few currency pairs, I’m looking to expand the markets available to my self by trading stocks. The thing that is holding me back is that there are literally thousands of stocks to look at. I am looking for someone to recommend a few stocks to look at, I’m mostly a long term technical trader (i.e i look at the chart lay down my indicators and trade regardless of what is being traded lol..)
Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, even if you learn everything about forex trading indicators the market is just too random and unless risk is controlled, over time your account will slowly get wiped out, regardless how good a “trader” you think you are.
This question was about forex trading indicators and there have been some pretty good answers that should help in your trading, and especially in relation to forex trading indicators, the answer has been posted in the categories listed below:
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July 21st, 2010 at 5:24 pm
If you are a technical trader, just pick a chart and start trading. What does it matter which one. If the chart looks good, trade it.
July 21st, 2010 at 5:24 pm
mnc, coa, finl, geoi, eng, dxpe, mlr
July 21st, 2010 at 5:24 pm
Here are the symbols for a few. You can find them at yahoo finance:
EEB, EEM, EFA, IWB, MVV,QLD, UWM.
These are ETFs which trade like stock, but have numberous stocks within the ETF.
July 21st, 2010 at 5:24 pm
Good theory…even better if you start with good stocks ( at least promising !) So…how about companies in raw materials? Even with Olympics over , still a huge amount of " earthquake re-building" to do.
BHP..RIO..PCU..FCX…JRCC…
Energy, nat gas, refiners? ( hurricanes and winter coming) CNQ..HERO..SD..WNR…UNG..EP…
Shippers? ( handling both the materials and the oil ) FRO…NAT…TBSI…DRYS…GNK..GMR
…or get into the Christmas shopping spirit early ..(.if the charts say so ): AAPL…GME…NIKE..
July 21st, 2010 at 5:24 pm
Do the same with stocks ((i.e i look at the chart lay down my indicators and trade regardless of what is being traded lol..)).
Check this broker out for great stock/FX charts, tools & scanners;
http://www.thinkorswim.com/
(I think they have 40-50 FX pairs)
(As an FX trader you may know Prophet Charts… they’re owned by this company)………………………………………………………..
July 21st, 2010 at 11:15 pm
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