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All you need
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Created: by Jeff Castille Attachments:534

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All you need

  #931 (permalink)
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that is the reason for the dots...less indicators and one of the designers with me started this thread...sharky

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  #932 (permalink)
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the rumpled guy was talking about frequency distribution which flew over my head but he had some interesting ways of looking at what i would call price action. he didnt do a very good job of articulating but i think some of it is interesting.

i think that his money management was much to be desired and i think money management is what makes or break a trader but i think that his general princple of getting rid of traditional indicators is a good one. traditional being something like moving average or swing hi and swing lo or pivots and all that stuff. i like the idea of what i would call irregular indicators that compute stuff that i cant do on my own like how many times price has made a new high today or a new low or how many times when we hit this level of a rally after the open that it stalled and reversed or all that.

but this thread is about "a;; you need'" and to me that means price bars some drawing tools for chart a lot of experience a big bank account and a lot of money management. i think that is a good beginning for 'all you need'.

if you want to make my life easier with indicators find me something that can draw trendline breaks and channel breakouts correctly lol. there is a perfect example of something i would pay for.

"Let us be thankful for the fools. But for them the rest of us could not succeed." - Mark Twain

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  #933 (permalink)
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you dont have to read my post just ignore them...sharky

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  #934 (permalink)
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i should also add a understanding and supportive family to the all you need list!

"Let us be thankful for the fools. But for them the rest of us could not succeed." - Mark Twain

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  #935 (permalink)
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sharky View Post
you dont have to read my post just ignore them...sharky

sorry i didnt mean to hit a nerve

"Let us be thankful for the fools. But for them the rest of us could not succeed." - Mark Twain

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  #936 (permalink)
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its just that this site nor is this fourm all about you its about us...sharky

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  #937 (permalink)
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sharky View Post
its just that this site nor is this fourm all about you its about us...sharky

what do you mean by this. i dont care if you want to sell stuff i am on your side with that you can sell it if you want its your time why arent you able to sell it. im just saying to create a new thread about it so this thread is about less indicators not more.

"Let us be thankful for the fools. But for them the rest of us could not succeed." - Mark Twain

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  #938 (permalink)
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did you not read anything i just said the guy who started this fourm is helping me creat a stand alone indicator so you have less...sharky go pick a fight with someone else and post some of your entries for people to follow since your such a pro

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  #939 (permalink)
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this will be the last i say about this tonight i think you have had a bad day we all have them i've been there done that. but i have shared plenty on this forum and am thankful for all that has been shared by others. i am not sure why you are acting like this. have a good night.

"Let us be thankful for the fools. But for them the rest of us could not succeed." - Mark Twain

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  #940 (permalink)
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Indicators or Price Action


Hey Caprica,

I agree with your sentiment....... about indicators. As you can see by my past posts #869,#877,#881, that the scalper dots tend to form at a varity of price patterns. Some of us that have studied price patterns may recognize them and can trade them with or with our an indicator, some may not recognize price patterns and can use the dots to help them recognize and trade a particular pattern. Others may like the extra confirmation that this indicator provides.

Bottomline......you still have to know how to trade. The dots just may help in this endeavour.

So perhaps we can discuss dots.....do we need them or not?

Jeff

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