Volume--- how to use it and WHY

[flyingdutchmen]

yet another interesting tread down the drain

congratulations guys

there should be a limit on the number of posts
that one may provide each day maybe that will
motivate one to think before they participate in
a discussion

some of you guys are an discrase

no need to bash me as i will not read anymore
in this particulair tread....

good luck

 

[blolinski]

Quote from ProfLogic:

No, I just feel it is cruel to have a battle of wits with an unarmed person like yourself.

That joke is older than Hershey

 

[ProfLogic]

Quote from Dackster:


You like having a joke on the expense of the ignorant. It's all for the lulz, mate, all for the lulz.
Good stuff!
Dackster.

Busted . . . I am

 

[jprad]

Quote from Dackster:

I'd like to hear more, please, explain.

Sure. Just as soon as you prove that your mind is a parachute.

 

[jprad]

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.

Prof, as Eight mentioned, you probably get a lot of clustered signals. If so, is it backtesting, fundamentals or news specific to each market that you use to rank each one?

 

[Thunderdog]

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.

Thanks for the response. However, I now have to ask you the obvious question. If your method can be traded across all markets and all styles (intraday, swing and longer term), then it ostensibly has no meaningful scalability limitations. Further, as I recall, you report very high signal reliability. And finally, you follow a dizzying number of markets. All that being the case, and given that you have been at this for several years, what prevents you from joining the ranks of the likes of Soros, Tudor Jones and Cohen?

I understand that you teach trading, and that's all well and good. But none of us initially enters the field of trading for its teaching opportunities. That may well be an offshoot, but I doubt it is ever the initial motivation among starry-eyed newcomers. So even if you didn't want the headache of managing OPM, what prevents you from scaling the very heights of the trading world with simple compounding over time?

 

[ivanbaj]

Converting paper money to $ is a bitch.

 

[oraclewizard77]

I don't think anyone mentioned vol divergence, so if not, I just did.

 

[blolinski]

Quote from ProfLogic:

Busted . . . I am

Only when asked to prove you had some money in your account

 

[Sushi]

Quote from blolinski:

Only when asked to prove you had some money in your account

who cares ifthe guy has millions or noting? He make money selling 600 dolla books and xpensive courses worlwide. Never once has guy shown the method to work. Never once had student come here to vouch for guy. He repackage old ideas make outrageous claims and the nooobs follow. Nothing new here folks. Move along