As ninja says trade the price, ive been trading for over 4 years now and have day traded the alsi and the dow and now my favourite Forex,I much prefer forex but thats just my opinion, now it took me a while to understand what TRADE THE PRICE means, so ill elaborate , when i look at trading the price it does not mean a figure as in say a R100, that means absolutely nothing. When someone says trade the price you need to look at resistance and support levels and if youre trading forex also pivot points. once price reaches one of these Support/resistance levels it will in most cases react, so how do we determine what the price is telling us at those levels, its quite easy i use candlesticks, ill set out an example lets say on a 1 hour chart we have our support/ressitance lines drawn and when the price reaches the S/R levels and forms a juicy shooting star i start to take notice if the next candle closes below the body of the shooting star then ill look to go short, that is what is meant by trade the price.You need to understand support and resistance, you need to understand candlesticks, you need to look at at least 3 time frames when trading, and you need a lot of trainning, but its not all that difficult if you aply yourself, i only trade price action on support and resistance, if the price is in between support or resistance i sit on my hands until it reaches those levels. of course all of this is my opinion, but it works wonders for me. cheers.