Volume--- how to use it and WHY

Quote from jprad:

Volume cannot move price because it is not a force.


:D


Yeh, whatever!

I take it that you are a retailer? A very dumb retailer!?

If you think that the market is going to go 'UP', who do you buy your contracts off?




Dackster.
 
Quote from Dackster:

If you think that the market is going to go 'UP', who do you buy your contracts off?

Trading on bias is foolish. Trading what's happening is insightful.
 
Quote from Thunderdog:

1,476 charts? Tarnation! I'll tell you this: you and I trade very, very differently. How many positions do you normally have open at any one time? Ballpark.

Average 20 and the tops has been 63. I'm only looking for the best set-up and the strongest set-up to execute a position. On an average about 800 of those currently 1476 charts are active and of those 800 charts, each trigger a trade about 2 to 3 times a year.
 
Quote from ProfLogic:

Average 20 and the tops has been 63. I'm only looking for the best set-up and the strongest set-up to execute a position. On an average about 800 of those currently 1476 charts are active and of those 800 charts, each trigger a trade about 2 to 3 times a year.

from that I might deduce that the trades bunch up sometimes but nonetheless you have your account working all the time.. too cool..
 
Jack Hershey, ProfLogic, ARealGannTrader and Spydertrader are all paper traders, they've never made a cent for all their years here.
 
Quote from blolinski:

Jack Hershey, ProfLogic, ARealGannTrader and Spydertrader are all paper traders, they've never made a cent for all their years here.

Really?

I got better than a couple dozen traders that sit in my office and another 20 that sit in class and trade with me each year that would tell you that you've been smoking too much crack and eating those funny mushrooms.

But the internet does allow individuals like yourself to talk out of that bottom hole instead of the top one without anyone noticing though.
 
Quote from ProfLogic:



But the internet does allow individuals like me to talk out of that bottom hole instead of the top one without anyone noticing though.

Indeed
 
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