learn everything you can
about trendlines, support & resistance and the old tape reading skills
and you will be miles ahead of 'system developers' in terms of
actually understanding the markets and becoming a better trader.
.......
So you think understanding a few lines on the chart you will become a better
trader!!!
So you think understanding the market will make you a better trader!!!
So you think you are miles ahead just because you know how to draw a lines
rather than a system trader who write a few hundred lines of codes.
NONE OF THE ABOVE WILL MAKE YOU A GOOD TRADER
YOU WILL ONLY BECOME A GOOD TRADER IF YOU KNOW YOUSELF.
I'LL KEEP THIS IN A SAFE PLACE AND USE IT AS A REPLY WHEN YOU ASK SOMEONE TO
THROW YOU A BONE.
________________________________
From: [email protected] [mailto:[EMAIL PROTECTED]
On Behalf Of sidhartha70
Sent: Thursday, 31 July 2008 10:47 PM
To: [email protected]
Subject: [amibroker] Re: Anyone actually making money?
Louis,
Here's my tip... worth it's weight in gold. I've been doing this for
a
long time...
Stop looking for the holy grail system... learn everything you can
about trendlines, support & resistance and the old tape reading
skills
and you will be miles ahead of 'system developers' in terms of
actually understanding the markets and becoming a better trader.
Too many people spend far too much time trying to develop a 'system'
rather than becoming a better trader.
--- In [email protected]
<mailto:amibroker%40yahoogroups.com> , "Louis P." <[EMAIL PROTECTED]> wrote:
>
> Hi,
>
> I was only wondering... Anyone actually making money or making a
living
> with AB and trading?
>
> I've been working on ideas and plans for over 7 months now and
didn't find
> anything convincing yet. I've been searching daily data, then
hourly,
> 15-minute and now I am into 1-minute data and nothing seems
satisfying.
> Been searching RSI, MFI, ADX, MA, HHV, LLV... nothing seems to
work.
>
> So... Anyone is making consistent money with this, and if so, at
which
> timeframe and how do you do it?
>
> I'm beginning to think about switching to tick database; it seems
even
> 1-minute is too slow for intraday trading. Anyone making money
with
> 1-minute?
>
> Thanks,
>
> Louis
>
