Is trading easy?

[nooby_mcnoob]

TradeStation, free code available on our forum.

There is actually a YouTube for it.

very cool, thanks.

 

[NoahA]

You are too obsessed with what women do.

Just using it as an analogy. I find everything in life in interchangeable. Lessons about women can easily apply to trading, etc.

 

[nooby_mcnoob]

Just using it as an analogy. I find everything in life in interchangeable. Lessons about women can easily apply to trading, etc.

The market is more logical than women.

 

[Overnight]

You said volume was light because of it being summer. Weeeel it was summer last night as well and that is what I was comparing tonight with.

 

[SunTrader]

So low volume means an algo is more likely able to pull of a sweep of the orderbook? But you still gotta get the direction right and have your targets in place to hit because the opportunity won't last long.

I don't use targets and I don't care about algo's.

 

[NoahA]

The market is more logical than women.

Not sure about this. If it was more logical, it would follow the idea that the market is always at fair value (forget the exact term). But if this were true, why so much movement on no news? Then the minute something comes out, it figures out quick that its way off side. If markets were more logical, the swings would be less extreme. Markets are full of emotion, just like women!

 

[NoahA]

I don't use targets and I don't care about algo's.

So what is low relative volume at the mentioned time in relationship to the previous day tell you? And how is this actionable for a trade?

 

[nooby_mcnoob]

Not sure about this. If it was more logical, it would follow the idea that the market is always at fair value (forget the exact term). But if this were true, why so much movement on no news? Then the minute something comes out, it figures out quick that its way off side. If markets were more logical, the swings would be less extreme. Markets are full of emotion, just like women!

Conversely, nerds are too logical.

 

[NoahA]

Conversely, nerds are too logical.

Agreed.

I underestimated how women need emotional turmoil in their life. If you're a guy who makes life easy for your woman, she will find ways to bring drama. The geek needs to figure out how to bring this out within a woman. My main guy on Youtube says women need to feel like shit every now and then about themselves, and I think its totally true. If all you do is make them feel good, you're in a world of hurt and it will be an uphill battle for you.

 

[SunTrader]

So what is low relative volume at the mentioned time in relationship to the previous day tell you? And how is this actionable for a trade?

Whether or not there is conviction in a move or not.

If price is not moving much and volume is below average not to pay much attention. To price OR volume.

If price is moving much, but volume isn't question the sustainability of the move.

Last if price isn't moving much, but volume is question that lasting much longer.