Nightly preparation must uncover stocks that show so much promise that the swing trader just can't wait for the next session. But before the new day finally begins, take a second look at every setup that rang the dinner bell just the night before. Good prospects should not lose their luster in the morning glare. If you have to look, it isn't there. Forget your college degree and trust your instincts.
Opportunity Costs Buy an off-line charting package and take the leap away from canned indicators.
Use it to find fresh opportunities that match the personal trading style. Software allows far more customization than the most sophisticated web sites. It also offers the ability to modify the machine language behind popular calculations and bend numbers to individual needs. Don't confuse chart analysis packages with database programs. Software that focuses on intensive market scanning often provides a basic set of indicators that can easily be duplicated online.