Price Action. Please clarify something for me

Discussion in 'Technical Analysis' started by sgsaxton, Mar 28, 2006.

  1. Sorry, 'NT' ?

    -Stephen
     
    #151     Apr 8, 2006
  2. 1000

    1000

    It doesn't matter. But put simply, the dome is like an invisible/transparent paper that sits on the exchange without sitting on it (a bit like a transparent mirror). I think I butchered that one, however, the point is that it is not important when it comes to trading.

    How or what the connectivity, that falls in the field of computer engineering, not trading.

    All you have to do is enter the trades on the dome, and create a chart from the data supplied, with either your software, or, one built into NT.

    NT is Ninja trader. Sorry.
     
    #152     Apr 8, 2006
  3. I don't think this is super important. Maybe this helps you
    understand the esignal/DOM/order stuff. I don't need any
    comments unless you really want:

    http://www.ninjatrader-support.com/automatedTrading_Esignal.htm

    -Stephen
     
    #153     Apr 8, 2006
  4. 1000

    1000

    Too dangerous, for the individual. Got to realize that you are trading against someone/thing else. Black boxes are most likely programmed to hit stops.
     
    #154     Apr 8, 2006
  5. I don't know of a black box here. NT has charts.

    -Stephen
     
    #155     Apr 8, 2006
  6. 1000

    1000

    A black box is another word, I guess, for automated trading on the biggest scale. Consider 1000 or more contracts that need to be bought or sold in a short time frame. It would be impossible for a human to do so, so the computer is pre-programmed to do the buying and selling in an efficient manner.

    Anyway, the charts are only good to look at, the money/profit made from trading is derived from trading skill + experience + luck.
     
    #156     Apr 8, 2006
  7. (back tomorrow,-Stephen)
     
    #157     Apr 8, 2006
  8. WHEN U MAKE THE LAGGING INDICATORS BECOME THE LEADING INDICATORS IT GETS BETTER.........
     
    #158     Apr 9, 2006
  9. Does anyone have a site that CLEARLY explains
    ALL the types of orders. It should include the basic
    ones including the 'negative limit stop limit order'.

    -Stephen
     
    #159     Apr 9, 2006
  10. How do you do this?
     
    #160     Apr 9, 2006