How to stop information overload?

wrbtrader · Aug 18, 2019

lentus said:
I'm reading macro stuff and one thing leads to another and pretty soon I have 50 more tabs open on my browser when my goal was to cut down their number at least 10.
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List the links and info for every one of those tabs and how they could help your trading.

Let the forum decide for you which ones to keep and which ones are a waste of your time.

wrbtrader

lentus · Aug 19, 2019

easymon1 said:
mr maxinger,
same here, charts can be like the old spagetti sauce commercial, " . . . it's in there."

While i will admit that prego is nowhere near as good as great grandma's homemade recipe, i also admit that market moving news announcements like fed talks and other reports, can provide opportunities for me to trade the reaction to the reaction. I don't bother to parse the monologue, I watch the chart. Gotta keep your eyes on your fries though, for sure, and use a short timeframe for my two cents worth. I don't have to put boatloads of capital to work and sure don't worry about moving markets with my trades tho, lol. Fund managers have other things and timeframes to consider. Old dude I knew would say 'if you're here after what i'm here after, you're here after i'm gone.'
cheers
I have noticed that asian markets responding to chinese anncmts can get consistently surprised by early release of the report, so once again, keep your eyes on your egg-rolls.
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Makes me miss America I never saw Who gives a shit about a successful marriage now?

Peter8519 · Aug 19, 2019

If using TA, then other news are just the backup of the price actions in the stock charts. This should help prioritize which news is more effective.

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How to stop information overload?

wrbtrader

lentus

Peter8519