|
PureBytes Links
Trading Reference Links
|
Hi Herman,
I rearranged your reply for convenience.
--- In amibroker@xxxxxxxxxxxxxxx, "Herman van den Bergen"
<psytek@xxxx> wrote:
> Thank you Pal,
>
> However i agree that some parts of MM are universal and make
common sense.
> Nevertheless I think that for short term trading (0-3 days) market
> volatility and descretionary moves wipes out most of the multi-
digit
> precision/siginficance of MM; you have to develop your own and
very personal
> MM. There is no ready plan you can adopt.
>
I agree that MM is mostly common sense, however it applies equally
to long-term, medium-term and short-term trading. The duration of
trading should make no difference. If one is trading with the
direction of the current trend, then the setup is a low risk setup.
If one is able to identify low risk setups then one can survive
anything the market throws at you, even overnight gaps, market
volatility and discretionary moves. Short-term profits without
condisdering the long-term risk leads to long-term ruin...
> interesting comments and URLs. Reading some of the text I feel
even more
> strongly that whatever MM you use is very much dictated by the
type of
> trading system you use. Some of the articles still seem to talk
about
> "investing", I am embarrassed to even use that word among my
friends ;-)
"One must measure what one might gain in the short run (Reward) by
what one might lose in the long run (Risk)." Why are long-term
interest rates higher than the short-term interest rates? What
would happen if it is the other way? Think about it. When one
understands the significance of these, trading instead of being
gambling, becomes investing for the long-run...
>
> take care,
> h
rgds, Pal
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Buy Ink Cartridges or Refill Kits for your HP, Epson, Canon or Lexmark
Printer at MyInks.com. Free s/h on orders $50 or more to the US & Canada.
http://www.c1tracking.com/l.asp?cid=5511
http://us.click.yahoo.com/mOAaAA/3exGAA/qnsNAA/GHeqlB/TM
---------------------------------------------------------------------~->
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|