Do you know how to tell which is real volume?
- Thread starter 1a2b3cppp
- Start date
it's going to be hilarious when it turns out not to be 4
None of the above. OP is attempting to spoof ET.
Given 1a's fondness for playing Gotcha, you may be right.
It would mean we weâre wrongâ¦,
FACT; Iâm wrong nearly every day â sometimes multiple times a day
What is so hilarious about that - it simply is â what it is
Feel free to educate me â please
Hate to think youâre being impertinent for no particular reason
btw - what needless hell do you place yourself through when you place a losing trade - or you simply never lose
RN
I often think that most anything works in trading, but just having and FOLLOWING consistent rules is the key to staying profitable.
In the right conditions, even monkeys throwing darts at Wall Street Journal stock recap pages proved profitable, although I must say, I haven't been able to train any of those monkeys.
Ahh, this reminded me of a favorite Mark Douglas interview I transcribed a while back:
So when I get a signal from my methodology, at the most fundamental level what this is telling me is that the odds are in my favor that somebody is going to come into the market (this is what the pattern means) and bid it higher than here if I bought or offer it lower than here if I sold. Thatâs all that itâs saying. Now theyâre either gonna come or theyâre not, and so as a result I donât look at this as being a ârightâ or a âwrongâ; I look at this as âHow much distance am I going to give the market to move away from my entry point to tell me that theyâre either going to come or theyâre not, and any further is not worth the cost of finding out.ââ