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    techniques of tape reading

    Like I said before - I consider first part of the book to be more of "meat" than it's second and third part. And not because those don't worth their salt, but rather because I consider the stuff in first part to be more vital for trader's survival than any system. I wouldn't apply word "filler"...
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    techniques of tape reading

    "psychology filler"... "rookie effort"... "forgive them"... so much arrogance from someone who didn't even read it... oh boy... :) How about reading just this thread where the story with the title was already discussed? At least to avoid big words about "honesty"... Sheeesh...
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    techniques of tape reading

    I failed to mention one very important thing I like about the futs. Imagine that as you progress with stocks, you want to increase the size you trade as your confidence grows and your system becomes all tuned up. At some moemnt you might run into question of liquidity - unless you trade...
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    techniques of tape reading

    Hi paulus! There is no examples with futs in the book, but here is my take on this matter. First, the method itself is applicable to any freely traded market. Anything that is beeing traded on free competition basis is dictated by trader's emotions/perceptions, and tape reading is the...
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    techniques of tape reading

    We have covered this more than once on this forum. To avoid repeating: http://www.elitetrader.com/vb/showthread.php?s=&postid=294084&highlight=tape+reading#post294084 http://www.elitetrader.com/vb/showthread.php?s=&postid=295500&highlight=tape+reading#post295500...
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    techniques of tape reading

    Thanks guys, it's very satisfying to hear that we didn't go through all the hassle for nothing.
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    techniques of tape reading

    heh... I wish I could explain why the list of recommended reading we submitted never appeared in the book. Don't know whose sloppiness caused this, but anyway, I guess it won't hurt to paste it here: Edwin Lefevre, Reminiscences of a Stock Operator, John Wiley & Sons; 1994 Humphrey B...
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    techniques of tape reading

    I'd be glad to... I am just under impression that this kind of things is reserved for paying advertisers of EliteTrader.
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    techniques of tape reading

    Tide, I agree with you on NYSE vs NASDAQ... I prefer competition game where each player is for himself, and NYSE with its control over price movement by single person orchestrating the trading is not it. I realize however that many prefer listeds and I am far from claiming that what I trade is...
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    techniques of tape reading

    You can't be closer to the truth. It's ridiculous actually... but then, we knew it before we even started. Anyone who thinks trading book can pay his bills - hey, you are welcome to try, let me know when my "told ya so" moment comes :D Thanks for good words, tdoc!
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    techniques of tape reading

    Not often you meet a guy who thinks his way to trade is the only way to trade... his market is the only market... on top of that he knows how other people pay their bills and whether they make money... passes judgement who is thing of what times. Well, rare find :)
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    techniques of tape reading

    Thank you. This is first response from elite community, so I value it pretty much :)
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    techniques of tape reading

    We are going to hold Q/A session on the book on Monday Sept 22., with some presentation for those who haven't read it yet. Details are on our website. Drop by if you are interested, we will be glad to talk - direct conversation is more productive than formal book reviews. Looking forward to...
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    trade what you think, not what you see PART 1

    "Every argument eventually becomes an argument about definitions" (don't remember who). Seems to me it became pure sholastic: as soon as all agreed on definitions, the rest became non-issue :) How about this, for argument sake: trade is entered and managed with no bias whatsoever, just...
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    trade what you think, not what you see PART 1

    As candletrader says, need to agree on definitions first since this slogan might mean different things for different traders... As known promoter of Trade what you see, not what you think, I would like to offer my definition. To me, trading what you think means holding onto one's opinion...
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    Is it possible to "JUST" tape-read

    I'll skip this Expo... Chris and Bo are going to be there. See you in LV in Novemeber if you are going
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    Is it possible to "JUST" tape-read

    This definition would deny tape reading rights to be applied to NASDAQ, to futures as non-specialist driven markets, wouldn't it? IMO, there is much more to this universal method of reading than just prints against the NYSE Specialist's book...
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    Is it possible to "JUST" tape-read

    Thank you. In order to avoid any further confusion: 1. don't get fixated on words TAPE reading. 2. realise tha it's about WHAT you looking for rather than about HOW you look for it. 3. realize that those things original tape readers of Jesse Livermore times saw on tape can be seen on...
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    Is it possible to "JUST" tape-read

    Well, I don't know how, going over discussion, you miss the point made several times about tape reading done through more convinient medium - chart. If you need to put nail in the wood and use a gun instead of traditional hammer, it's still same nail, same wood and same result - faster and...
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    Is it possible to "JUST" tape-read

    Sorry, I've already answered this on this very thread. We do not use T&S or Level 2 other than for fine-tuning of entries and exits. We apply PRINCIPLES of tape reading using other MEDIUM than original tape. Really, why don't you go over previous discussion before jumping to conclusions or...
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