Yuki As one who has always had considerable difficulty incorporating volume usefully into any of my trading strategies I would second Ken's motion. My strategy has long been to check vol level at entries. If volume is up, that's good! - that helps confirm the entry. If it's not up, or in fact down, who cares? Any light you can throw on the subject would be appreciated.
Regds Gerard --- In [email protected], Ken Close <[EMAIL PROTECTED]> wrote: > > Yuki: > > So...given that volume is your "one and only", could you list, in bullet > form, some of the principles of volume and what it tells you and how you use > it. > > Agai, since it is your "one and only". > > Thanks, > > Ken > > -----Original Message----- > From: [email protected] [mailto:[EMAIL PROTECTED] On Behalf > Of Yuki Taga > Sent: Monday, September 11, 2006 10:27 AM > To: brpnw1 > Subject: Re: [amibroker] Re: tech indicators > > Hi brpnw1, > > Monday, September 11, 2006, 10:29:40 PM, you wrote: > > b> Also, no need to use volume (too innaccurate). > > ??? > > Okay ... I'll give back all my money then. I must have been doing something > wrong, (inaccurate?) all these years. ^^_^^ > > IMNSHO ... volume is like a lot of other indicators ... that is to say, you > can read/wish/imagine something into it that is not actually there, and get > yourself into a world of trouble as a result. However, when volume speaks > loudly, there is no question about its accuracy. > The only problem with it is that there are a lot of impatient people who > don't understand the importance of patience or the importance of knowing > when it's no longer time to be patient. Volume is also time-frame > dependent: on a day-by-day basis pretty tough to read sometimes, > particularly when some even half-smart people with a few hundred million > dollars or more are working themselves into a position. But if you can't > figure it out by either Saturday or the end of the month, you aren't paying > close enough attention -- particularly if there is much correlation between > the volume of an individual symbol and that of the market. > > I'm sorry ... but volume is a critical indicator. Absolutely critical. In > fact, if you took all but one away from me, volume would be the one I'd > choose to keep. > > Yuki (not responsible for those who cannot distinguish between "elevated > voice" and "LOUDLY" -- but the difference can be quantified if one wants to > work at it) ^_- > > > > Please note that this group is for discussion between users only. > > To get support from AmiBroker please send an e-mail directly to SUPPORT {at} > amibroker.com > > For other support material please check also: > http://www.amibroker.com/support.html > > > Yahoo! Groups Links > Please note that this group is for discussion between users only. To get support from AmiBroker please send an e-mail directly to SUPPORT {at} amibroker.com For other support material please check also: http://www.amibroker.com/support.html Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/amibroker/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/amibroker/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
