Learning T/A

Quote from Thunderdog:

...Areas of interest only touched on in these books that spark an interest can then be explored further at the reader's discretion with a combination of primary and secondary research.
Quote from Grob109:

I don't think primary and secondary research is where a person grows to get to the top of trading. I think it comes from pragmatic discourse on trading the markets in the context illiquid espouses. It is more a fact of dealing "where the rubber meets the road".
Let us be clear. Primary research in the trading context is doing your own testing, which may or may not include actual trading. Secondary research, by definition, is looking at what others have already done. I would imagine that this would include reading more material on a specific topic or discussing it with supposedly knowledgeable people. I think that about covers it. In my own case I found that, once I developed a basic grounding in T/A, my only real progress was via "primary research." Everything else was tangential. Evidently, you disagree. This disagreement supports the notion that there are varied paths to the Happy Kingdom. :)

P.S. As for your reference to where the "rubber meets the road," presumably you refer to actual trading. However, let us remember that the question posed was not one specifically about trading, but rather about T/A itself (and, presumably, the development of a method - however, that is an inference on my part).
 
Quote from Thunderdog:

Let us be clear. Primary research in the trading context is doing your own testing, which may or may not include actual trading. Secondary research, by definition, is looking at what others have already done. I would imagine that this would include reading more material on a specific topic or discussing it with supposedly knowledgeable people. I think that about covers it. In my own case I found that, once I developed a basic grounding in T/A, my only real progress was via "primary research." Everything else was tangential. Evidently, you disagree. This disagreement supports the notion that there are varied paths to the Happy Kingdom. :)

P.S. As for your reference to where the "rubber meets the road," presumably you refer to actual trading. However, let us remember that the question posed was not one specifically about trading, but rather about T/A itself (and, presumably, the development of a method - however, that is an inference on my part).

Well I agree with you. I learned what primary and secondary research are in the process.

What I meant by rubber meeting the road was the person's approach meeting the market. Just tried to use the theme of a road (market), a vehicle (a trading approach) and rubber (where the market and approach make contact).

As we all see,it is difficult to actually make contributions that can help others. Mostly this is because it is difficult to convey to another views that are helpful even though the person is not in a place to allow the help to occur.

I'm older than most any of the books you mention so my trading career is longer. I did read the 4th ed of Magee as a primer but i was more influenced by a person who explained the P, V relationship to me. In return, I labored on a drafting board to ink a 26 week P and V chart on an 11 by 17. From there on we invented making money using T/A as you directly suggest.

Today, there are a lot of young people and older people who crossed paths with us......we just gave away all we knew as a courtesy. It has been exceptionally rewarding for many many years. We kept track, casually, of how and when various people became millionaires or had to report intended transactions prior to making them.(A milliion bucks was a lot then).

It is especially nice when something new is invented that can support the business of making money. Almost no one invents anything themselves; it is acquired in any number of ways.
 
Quote from Grob109:


T/A is a market thing and not an edge thing, in other words. The market is delivering money continually and the variables tell you about that. There is a pace and velocity at all times and you can always observe it.

The quote above is perfect.
 
Quote from Grob109:

So the T/A orientation usually drives traders to a more profitable approach than just a price only T/A approach.

Looks like you know about price-only TA more and better. :)
 
Quote from Kastro_316:

Hey guy's

For the last while i have been getting into T/A more and more, but i feel i have some what of a threshold getting to the next step on T/A.

For all you guy/s who know a of a lot about T/A, what do you suggest i do? Any really good books, courses out there?

How did you all get so good at T/A?

=========
Kastro3;16'

Actually prefer price, price, price & trendlines;
since a proper trendline underlines price,
or overlines price.:cool:

Noting trends in you equity accounts help also.

Not to be confused with real trading, but i still like to paper trade also;
it helps.

Made money trading NEM, but fortunately papertraded NEM derivatives;
and never made a profit paper trading NEM derivatives, therefore never traded NEM derivatives

:D
 
Quote from icarus618:

For the novice I would recommend reading chapters 1 and 2. They lead to some good questions (not necessarily on EW) after watching the market for awhile. The concepts of 5-3, motive and corrective, and the triangle formations can be simplified for practical use. I use 3 as a building block for trend and the formations are just FTP and FBP. That sentence sums up what I know to be true and useful after spending countless hours studying Elliott Waves and amassing quite a collection of books on the subject.

What are FTP and FBP stand for? Thanks.
 
the 3 variables

price
time
volume


TA is a study of those 3 . break it down to that level and it becomes easier to comprehend. fwiw


................. bris
 
Quote from brisvegas:

the 3 variables

price
time
volume


TA is a study of those 3 . break it down to that level and it becomes easier to comprehend. fwiw


................. bris



correct , i also follow P.T.V works for me
 
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