Setting up everything for trading. This is where I am not quite clear and would really appreciate some help. I guess the next step in my progression requires that I reveal a little bit about my personality so here goes:

I would like to begin by bringing in consistent small profits because I need to work on my self-confidence with this and I have a fairly small account balance of $5500 or 11K with margin. I have more money on deck, but will not touch it until I get much more consistent. I am a guy that likes to see profits regularly however small because I feel I am moving in the right direction this way. My last statement is not meant to sound like a "duh, everyone wants to make consistent profits", rather I am trying to explain that I am cool with making $100 a day right now. Throughout my 7 month trading experience, I experienced the highest highs and gut wrenching lows of this brutal game and now realize I don't do well with such crazy mood swings. I made $1400 in about a four hours period one day and was on top of the world. On the flipside, I lost $2700 in about a four hour period which led me into the hole I am in at the moment. All of this now tells me that I do better trading slower time frames, but not too slow, having a higher accuracy rate and smaller profits at least until I get better at this.

I developed some really bad habits and need to break those. My major bad habit was not having a money management principle in place which caused me to lose $3700. I am not gonna let it get me down though because I also made a good bit of money not knowing what I was doing. Basically I know with the right coaching, I will do very well, but I need someone patient and willing to show me what needs to be done.

I would like to swing trade and was on stockcharts.com reading about technical indicators and how to set them up. I have used RSI, Bollingers, EMA, SMA, and On Balance Volume. I am not opposed to learning a new indicator if it is better than the ones I mentioned, but I realize I need to keep this simple.

Stockcharts says using more than 5 indicators is futile and recommends using 2-3 and knowing them front and back. That's great because I don't need or want information overload. Does the volume meter that pops up on all charts immediately count as one of my 2-3 indicators? If so what are the other one or two indicators that will go best for swingtrading?

Lastly, I asked about settig up a screen on another post. I want to swing trade because I feel it fits my personality profile the best. I tried daytrading and hated it and similiarly feel that position trading is way too slow for my liking. My wife works full-time so we are covered there until I can get this off the ground. I want to be involved in the markets, but not let it consume my life to where I have nothing else.

Thanks to whomever reads this long post and I promise future posts won't be this time consuming.