saliva
Registered: Jul 2004
Posts: 4219 |
11-07-09 08:42 PM
Quote from Lamont_C:
Though there are undoubtedly price action people who look down their noses at indicator people, the PA people have no reason to feel superior. And contrary to the beliefs of some indicator people, the PA people do not fail to understand indicators; they just don't see the point (other than perhaps scanning a database for price movements). In most cases, the latter have in fact gone through all this, as mentioned earlier, and had insufficient success with it, just as they've been dissatisfied with the chat room phase and the newsletter phase and the advisory service phase and the red-green arrow software phase and the seminar-course-workshop-DVD phase and the trade-the-news phase and the chart pattern phase and have instead found a more comfortable fit with a focus on price flow.
You pretty much nailed it. I just can't help notice (and bitch about) all these posters creating one thread after another with the intention of getting some crumbs from other experienced traders only to get swamped by useless info that will only frustrate them in the end.
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