Note Bene

Learn one oscillator well. One of the reasons people have difficulty making money in the markets is that they try to evaluate too many oscillators, or trade too many markets. By focusing your research on one oscillator in several markets you will learn much more than the person jumping from oscillator to oscillator and trade to trade. And what you learn in that single oscillator can often be applied to other oscillators. This boils down to identifying and quantifying oscillators and patterns the inexpensive way —on paper. Most of us have a tendency to do it the expensive way — “It looks so good I’m sure it will work this time, and I’ll research it later.” You know what happens.