Volume analysis is to be discarded as it is "too much information"

[Chart_Precocity]

Quote from MandelbrotSet:

No, but the number of unsubstantiated claims does. :eek:

So me saying that I like volume bars is seen by you as an "unsubstantiated claim" correct? This foum is based in the US my friend and as far as I remember I am allowed to have an opinion.

Sorry guy but that is just a statement of my opinion. Just like you have. I could care less whether you like them or agree with my opinion. I'm here make conversation not to convince you of one single thing. If you don't like my opinion, ignore it.

 

[MandelbrotSet]

Quote from Chart_Precocity:

So me saying that I like volume bars is seen by you as an "unsubstantiated claim" correct? This foum is based in the US my friend and as far as I remember I am allowed to have an opinion.

Sorry guy but that is just a statement of my opinion. Just like you have. I could care less whether you like them or agree with my opinion. I'm here make conversation not to convince you of one single thing. If you don't like my opinion, ignore it.

Now THAT's what I call a convincing arguement for using crapped-volume bars to trade with ... LOL, this board has a permanent troll population.

 

[jjf]

Quote from MandelbrotSet:

Now THAT's what I call a convincing arguement for using crapped-volume bars to trade with ... LOL, this board has a permanent troll population.

We need a new thread

Price is to be discarded as it is "too much information"

This should sort out the punters.

jjf

 

[Chart_Precocity]

Quote from jjf:

We need a new thread

Price is to be discarded as it is "too much information"

This should sort out the punters.

jjf

How about a new thread called, "All opinions other than mine are worthless" and let those that are in that camp to chime in. That would give us new posters a great place to begin an ignore list.

 

[MandelbrotSet]

Quote from Chart_Precocity:

How about a new thread called, "All opinions other than mine are worthless" and let those that are in that camp to chime in. That would give us new posters a great place to begin an ignore list.

You can start with yourself you lying, multi-alias, shill.

 

[Buy1Sell2]

My account balance turns up and down on my exits and entries of price. Now, volume does come into play there as the more volume I execute, the more money the broker makes. It doesn't have any calculable bearing on price however---none.

 

[sosueme]

Quote from Buy1Sell2:

My account balance turns up and down on my exits and entries of price.

That is amazing, who would have imagined that every time you take a trade your account balance changes.

Please, I want to know more

sosueme

 

[Buy1Sell2]

Quote from sosueme:



Please, I want to know more

sosueme

------------------------------------------------
Necessary items for successful trading:

==Prudent risk management
==Prudent risk management
==Prudent risk management
==Prudent risk management
==Entry, Exit system based on price and a scant few indicators that reflect market sentiment.
------------------------------------------------

------------------------------------------------
Unnecessary items for successful trading:

==volume analysis
==gap analysis
==head and shoulders
==inverted head and shoulders
==ascending triangles
==descending triangles
==rule of 10
==T day theory
==PPT theory
==option greeks
==news
==megaphones
==scaling in/scaling out
==all in,all out
==etc. etc.
==volume analysis
-------------------------------------------------

 

[Xspurt]

Quote from Buy1Sell2:

My account balance turns up and down on my exits and entries of price. Now, volume does come into play there as the more volume I execute, the more money the broker makes. It doesn't have any calculable bearing on price however---none.

One fine day you might have enough money to trade with size and you will discover a very different world where your sole volume can have a very calculable bearing on price.

Volume, as all institutions know, is the only thing that drives the PA. Reading what the pros are doing is extremely useful.

Delete your mentally overloading indicators and try it

 

[sosueme]

Quote from Buy1Sell2:

------------------------------------------------
Unnecessary items for successful trading:

==volume analysis
==gap analysis
==head and shoulders
==inverted head and shoulders
==ascending triangles
==descending triangles
==rule of 10
==T day theory
==PPT theory
==option greeks
==news
==megaphones
==scaling in/scaling out
==all in,all out
==etc. etc.
==volume analysis
-------------------------------------------------

Thanks for that B1S2

How do you enter and exit a real trade if you neither scale in / scale out and you do not commit to all in, all out.

I know that you will have a way of doing it because you are a clever guy.

sosueme