So mass(volume) multiplied by velocity(change rate of price) = momentum...price itself being current "location". One way of looking at it.
^agree, to a slight degree, hence the "in a way" modifier. But a move on big volume will have more "weight" than a move on small volume. Just...
Took a ton of brain processing power over a few years to properly and effectively link volume with price in a meaningful way. I wouldn't trade...
I don't use anything like this, but here's one idea on this method: in the case of a long, wait for the next bar's close to exceed the signal...
I can code thinkscript. You don't have to pay, but tips are nice. Even stuff like "don't play with matches". That one really made a...
Is that "volume weighted MACD"?
Fractals are just a term to describe patterns that repeat at any scale. Nothing more mysterious than that. I guess one who trades successfully...
Well, more of an observation. Similar to the side of a mountain. Mountains rarely have a perfectly smooth gradient from the bottom to the top....
The market is indeed fractal, but that doesn't mean we have to be intimidated, or even acknowledge it. It's just like saying everything is made...
Keep in mind, the markets are a fractal with an infinite (or almost infinite) amount of scales (timeframes). That means a small down turn might...
^well said.
^All of this. Yes.
Good stuff. Thanks for all the good info and PMs.
Trading futures for now due to leverage. I do have a system I am trying to automate. Currently researching different methods and platforms for...
Agree. I still wonder if he'd be as successful in the modern day. Some of the big guys who are still alive today all say most of their money was...
I agree. The commissions I paid last year were astronomical. Kind of shocking when you realize it.
Yes, I have. I've got some old experience with that. Might need something with more horsepower, but it's not off the table.
I agree with most of your post, but with manual trading, to realize the compounding effect, you'd need to use the appreciation profits made to buy...
@fan27: that sounds interesting. I'd love to learn more.
I'm building/testing my system in MS Excel, then testing custom indicators in Thinkscript. I've used NinjaTrader in the past, but although I...
Separate names with a comma.