Ohh Paul...
I agree about knowing yourself as I said in my answer to
Brian. But that's a
given surely...?? You only learn that from years
of trading and observing
yourself... you can of course become informed
on the subject of yourself...
there's plenty of literature on it...
Mark Douglas
obviously.
But I stand by what I said... you can become a great trader by
really
understanding trendlines, support & resistance in it's many forms
and
studying price & volume action...
I know it... because I've
seen it... and I've done it.
You have your techniques Paul... and good
luck to you. Great if they
work for you. For me, this is what has worked for
me...
Henrik thanks for your response. Good to see others
agree.
Paul, might I suggest you get out more and make some more
human
connections... you'd probably find you'd be happier, less angry,
less
arrogant, less superior and might even enjoy some of this money
you
make trading...
--- In amibroker@xxxxxxxxxps.com,
"Paul Ho" <paul.tsho@x..> wrote:
>
> I'm still waiting
for your to say something sensible, that's of value,
> > rather than
just dig everyone out...???
>
> LOL, I just told you. YOu cant
become a good trader until you know
> yourself, really know yourself.
Knowing how to draw a few lines makes
> you a TA guy, not a trader.
understanding the market makes you a
> market analyst. Even know how to
develop a system doesnt make you a
> trader either, you are merely a
system developer. When you master
> yourself, you are on your way to
become a real trader.
> Just because you've been involved in trading for
years, seeing others
> making millions, no more makes your a trader than
me an olympian just
> because I've been watching olypmics for the last 45
years.
> You might think I'm slagging you off, but in years to come, you
will
> find out for yourself whats true.
>
> --- In amibroker@xxxxxxxxxps.com,
"sidhartha70" <sidhartha70@>
> wrote:
> >
>
> Paul,
> >
> > I programme too... nothing wrong with
programming and making your
> life
> > easier. And nothing wrong
with asking for someone to 'throw you a
> > bone' in that goal... I'm
new to AFL. So what??
> >
> > I've been involved in trading
for many years... market making, index
> > arbitrage, statistical
arbitrage, long/short prop etc.. many years.
> > And some of the best
money makers I've ever seen have been traders,
> > not system traders,
who genuinely have a great read of the market
> > based off tape
reading skills... they have achieved returns,
> > consistently, that
systems traders can only dream of...
> >
> > I've traded
both... systems and otherwise... you can programme all
> the
> >
most complicated indictaors you like... they are all based on the
>
same
> > things tape reading is... which is price & volume
action...
> >
> > I'm still waiting for your to say something
sensible, that's of
> value,
> > rather than just dig everyone
out...???
> >
> > --- In amibroker@xxxxxxxxxps.com,
"Paul Ho" <paul.tsho@> wrote:
> > >
> > > 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: amibroker@xxxxxxxxxps.com
> [mailto:amibroker@xxxxxxxxxps.com]
>
> > On Behalf Of sidhartha70
> > > Sent: Thursday, 31 July
2008 10:47 PM
> > > To: amibroker@xxxxxxxxxps.com
>
> > 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 amibroker@xxxxxxxxxps.com
>
> > <mailto:amibroker%40yahoogroups.com> , "Louis P."
<rockprog80@>
> 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
> > > >
> >
>
> >
>