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Knowing what his/her objectives are would help.

You'd have to examine his tax returns. He died in 1934.

Incorporating this into someone else's trading plan is beyond my purview. All I can do is clarify what I've written and help, if I can, to clarify what's in W's course (which few people want to read, which is why I wrote the SLA/AMT in the first place). In any case, your chart is drawn...

Remember that the purpose of the lines is to track the balance between demand and supply. If you can do that without them, to hell with 'em.

There is also The Daytrader's Bible, below.

I suggest you not draw the diagonals at all. What purpose do they serve? All that matters is the range that began with Friday's close.

These are the rules from the beginning: 1. Track the balances between supply and demand with straight lines. Don't hug price like Spandex. Otherwise your line is guaranteed to be broken for what may be nothing more than a stumble. 2. When price takes off in one direction or the other, wait for...

You'll have to choose between either the red pair or the green pair. To draw these correctly, you must read left to right. Otherwise it's all hindsight.

Indeed. Let's.

If you've downloaded the most recent edition, see Appendix F. And thank you for making the effort. There's just no point to my copying and pasting if your questions can be answered more completely otherwise.

As I said . . . If you have nothing new, why do you persist? By repeating the same mantra you become an attention whore. Either offer something substantive or move on.

Clearly you have no idea what "probabilities" are.

Since we appear to have returned to the subject of the thread, I'm bumping this from Saturday. There are those who have been at this for years without ever having gone through the observation phase and struggling with it all the while. Some have decided to "reboot" and put themselves through...

If one has issues with concentration and focus, which is just about everybody, including me, then separating the wheat from the chaff becomes a never-ending struggle. Those who flounder are generally those who haven't studied the material, but even those who have studied the material can often...

Well, I'm impressed. A week. I've always thought it could be done in a couple of weeks as long as one avoided thinking about entries, but I was unprepared for the number of people who are incapable of doing so. I was also unprepared for the number of people who are unfamiliar with the Scientific...

A video is good only for the chart used for the illustration. The concepts, however, apply to all means of illustrating price movement, whether on a chart, a T&S display, or a ticker. As for the "no explanation"...

THE MENTAL GAME The Disciplined Trader and Trading in the Zone by Mark Douglas (and, yes, you need to read both, The Disciplined Trader first) The number one reason that I like The Disciplined Trader is that Mark Douglas has no formal training in psychology. Rather, Douglas was trained in the...

TAPE READING Since most novices -- and not-so-novices -- are interested primarily in buying when the blue line crosses the red line and are therefore searching for which blue line is the "best" and what settings are the "best", there isn't much out there on the basics of supply/demand...

This is the reading list I provide when asked (though technically I wasn't asked :)). It will very likely be of no interest whatsoever to most of the people who post to threads like this, but there it is: General Semantics of Wall Street by John Magee This is the book I would recommend to...

:rolleyes: