Maxie, the trick is to start a Hershey thread. Then Jack's post in response runs on for two days by itself. Glad you got your head together.
The Psychology of SCT
- Thread starter Arthur Deco
- Start date
Of course having inumerable sock puppets through which one can continue a sybilistic discourse also helps.
- Spydertrader
You guys who critique SCT really "splashed out the baby with water".
I honestly admit that appeared either too lazy or simply have chosen a path of least resistance, but I do not follow SCT in a way as Spyder gives it and do not use most of the tools given (like Str/Sqw etc) and trade in a way of "conventional orthodoxy" (risk/reward, entry, stop-loss, exit etc).
Yet I can definetely say that concept of price/volume relationship turned out to be absolutely invaluable for me in many aspects such as better understanding of markets, better objectivity of signals etc.
So IMO everyone who says SCT is worth nothing simply refuses to add some very powerful weapon to his arsenal of trader.
Such a behaviour looks like masochism to me.
I honestly admit that appeared either too lazy or simply have chosen a path of least resistance, but I do not follow SCT in a way as Spyder gives it and do not use most of the tools given (like Str/Sqw etc) and trade in a way of "conventional orthodoxy" (risk/reward, entry, stop-loss, exit etc).
Yet I can definetely say that concept of price/volume relationship turned out to be absolutely invaluable for me in many aspects such as better understanding of markets, better objectivity of signals etc.
So IMO everyone who says SCT is worth nothing simply refuses to add some very powerful weapon to his arsenal of trader.
Such a behaviour looks like masochism to me.