Trading isn't as simple as brushing your teeth, but it shouldn't be as complicated as being a brain surgeon either. If you've been to some options or futures trading sites most of you probably feel like you don't belong because of all the apparently sophisticated analysis of the market, with so many trendlines and so many indicators you never heard of. For those guys, it's probably very important to get all the minute details of Ms. Market because they're trading exceptionally risky instruments like options and futures. Even so, they can still end up very wrong.
If you don't trade options and futures, trading and life becomes alot simpler and you shouldn't feel overwhelmed with the charting methodologies those people use. I can't imagine they sleep well at night (even just for a single night) while trading options and futures. I personally trade mostly stocks and the SPY... even so, some nights I wonder if my stocks are gonna get run over by a freight train.
You should try to make your life easier by:
1) Avoiding options/futures. If you want massive returns, there are other ways to do it without using leverage. (The Beanieville System will show you one of the better ways.)
2) Find a few simple indicators you can work with and stick with it. When you're wrong, all you have to do is cut your losses. Drawing support and resistance lines is one of the most practical.
3) Avoid too much margin usage. Nothing gives you more sleepless nights than when you're leveraged or margined to the gills.
4) When you enter sites or talk to traders who focus on options/futures, no matter how smart many of those guys are, say to yourself that over 95-99% of them will fail and/because they make life so much harder on themselves. Remember those stats and don't feel intimidated. Making money is not about getting the most sophisticated analysis of the market, but rather about having the right approach or game plan.
