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

Let me guess. Only the profitable ones?

 

Correct. Relative meaning you usually read it with prior supply and demand relationships. Some signals are stand alone and these are the beginners signals.

But time and again I said this is a complex subject requiring 2 years hard study, and it's not infallible but if you see something of interest then you might like to pursue it.

 

No, no. You take 'em all. Then you can tell us all that candle signals are useless too.

 

Sorry if that disappoints you. I am sure you'll find infallible methods elsewhere on ET.

If you don't understand that the more lax your entries and exits are the more you need money management to give you a profit or save your bacon, that will be another mystery to you.

 

Please give examples of absolute indicators

jjf

 

The implication being that YOU don't need money management since you spent the requisite 2 years in volume college?

 

Ummmm - My P&L

RN

 

"absolute"

So you can't tell if your mythical P&L is + or -ve.

Were you borne stupid or did you train for it.

jjf

 

Good trading to you as well Sir

RN