Trusting What You Think You See/Trusting Sources of Trading Information

Quote from Tums:

I rely on Volume.
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even this can NOT be trusted ... because market makers have 60 minutes to report larger sizes and dark pools hide much more then you think.
 
Quote from ByLoSellHi:

One question to those of you who seem to indicate that you (exclusively?) rely on charts:

Where would you have gotten out based on either one of those trend lines?

I'm speaking of, 'holy shit, I'm out of this mofo!' getting out, not just seeking out a tradeable range.

If you didn't go all out pretty quickly, and were levered, you'd had have your ass handed to you fairly quickly as you waited for that double top, no?
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Where did you get in at? And if you don't have a plan to trade that one instrument with all your money and on leverage, you're doomed from the start.
And to answer the original question, price is the only one true piece of information you can trust.
 
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