Volume analysis is to be discarded as it is "too much information"

Discussion in 'Strategy Building' started by Buy1Sell2, Jul 6, 2009.

Volume analysis of any use?

  1. I believe in using volume analysis

    162 vote(s)
    58.5%
  2. I discard volume analysis in my trading

    71 vote(s)
    25.6%
  3. I really don't know

    43 vote(s)
    15.5%
  1. No, but the number of unsubstantiated claims does. :eek:
     
    #381     Jul 28, 2009
  2. Whisky

    Whisky

    I must point out, my friend, that in this particular instance, and only in this particular instance, you are dead wrong: You have now confused two magnificent threads and merged their magnificent posters in your own mind. Unless of course I'm wrong again, as I'm not going to verify all the posts.

    Having all three posters making 10M per year in the same forum is a great privilege for all. Having them all in the same thread would be too much to ask. I'm pretty sure you will likely concur, as you have been extremely reasonable in the past.

    It's nice to dream of a 3-way midget wrestling exchange, however. But for now it's only in your dreams.

    JW :)
     
    #382     Jul 29, 2009
  3. jjf

    jjf

    You are dead right Sir, I got the threads of "Inventory Grab" and this magnificent thread merged in my mind.
    I think that walking in the footsteps of greatness had disorientated me to the point where I had no idea what I was doing. (perhaps that explains my attraction to ET where I seek safety and conformity within the ranks)

    Mind you, and in my defense, both threads are volume based and that speaks volumes for their content.

    jjf
     
    #383     Jul 29, 2009
  4. sosueme

    sosueme

    When it comes to pure entertainment, this thread and several others prove that ET has no equal on the net, and what is more, it is free.

    cheers
    sosueme
     
    #384     Jul 29, 2009
  5. jjf

    jjf

    The number of traders in favor of volume, is increasing in the poll.

    jjf
     
    #385     Jul 29, 2009
  6. sosueme

    sosueme

    Yes I can see that, but this is ET the national shrine to contrariness.
    I would have thought that the poll result would have bothered you.

    sosueme
     
    #386     Jul 29, 2009
  7. Not surprising, since it is believed 95% of traders lose their money. One expects the nonfunctional methods to be in the lead.
     
    #387     Jul 29, 2009
  8. heypa

    heypa

    Seems to me that there are only three things that can be considered when trading. They are price,volume and time.
    Since it is difficult to make money buying or selling time or volume I suspect most of you are profiting or losing by buying and/or selling price. In such case you have two choices. You can isolate (fix) time or volume.
    It is possible to gain or lose using either one. The IRS keeps score in time so that's hard to escape. You all keep score in time I would hazard a guess.
    Whether you fix time or volume is your choice. There are wide range of intervals in either. Almost infinite and therefore extremely difficult to compare.
    Pick your poison and prosper. After all it's still an individual choice. The argument is moot but not , in my humble opinion , resolvable.
     
    #388     Jul 29, 2009
  9. 1. Price

    2. Time













    3. Volume
     
    #389     Jul 29, 2009
  10. jjf

    jjf

    Very succinctly explained. Well done.

    jjf
     
    #390     Jul 29, 2009