Iterative Refinement
- Thread starter Spydertrader
- Start date
The following is a list (hopefully complete) of issues that cause me chronic problems, frustrations and of course the ever present losses. Perhaps others face the same or similar issues as well. It is my hope that collectively we can identify other problems afflicting other traders and create an exhaustive list that we can attack and finally resolve one by one and move down the list.
1. Identifying the previous day's status and what to anticipate the next day including when to include CO channels.
2. Identifying what constitutes a lateral formation, lateral movement and what constitutes tapes instead.
3. How to determine what constitutes an SOC inside a lateral and when to ignore what appears to be one.
4. When "no increasing" volume at end of traverse indicates a SOC and when it doesn't.
5. What are the strict definitions of Peak Volume and how to differentiate between Pace Acceleration.
6. What are considered Spike bars and what is the proper way to analyze them.
Again, this is just a start, I look forward to other suggestions. I am certain others have unresolved issues and questions as well that a diligent and focused discussion of each may well finally and totally resolve and we can actually move from the "learning" stage to the "profitability" stage.
guava
1. Identifying the previous day's status and what to anticipate the next day including when to include CO channels.
2. Identifying what constitutes a lateral formation, lateral movement and what constitutes tapes instead.
3. How to determine what constitutes an SOC inside a lateral and when to ignore what appears to be one.
4. When "no increasing" volume at end of traverse indicates a SOC and when it doesn't.
5. What are the strict definitions of Peak Volume and how to differentiate between Pace Acceleration.
6. What are considered Spike bars and what is the proper way to analyze them.
Again, this is just a start, I look forward to other suggestions. I am certain others have unresolved issues and questions as well that a diligent and focused discussion of each may well finally and totally resolve and we can actually move from the "learning" stage to the "profitability" stage.
guava
So far...
Look at each day as a new day.
CO is a bonus.
Manage what is given you today first...
These have been covered numerous times.
If you can make a description of your understanding... I can help you to help yourself.
You are delving into Rule-Based trading...
Mmm... maybe others can help.
Identify - yes, analyze and act - that's a whole different deal. I provided the link just in case you missed it, I personally tend to miss a lot of things when it comes to spikes, sometimes I miss like two spikes in a row, sometimes I even miss entire posts on spike subject, like this one courtesy of Avi 8
Chart for the day...
