On Sun, May 31, 2009 at 6:22 AM, brian_z111
<brian_z111@xxxxxxxxx> wrote:
- here is one definition
http://www.investopedia.com/articles/trading/02/101602.asp
(written by an unknown author, or authors)
- here is an interpretation of the original (?)
http://www.afsd.com.au/article/hottrader/solomana.htm
Thanks for both the links. My search for different types of trading over, at least in my skimming & absorbing mode. I had never visited investopedia. A good resource now known to me.
Written by a person who is making a living out of selling something? OR trading?
>From that article .... quoting Gann (?):
"Gann's basic rules for trading swing charts are ...
....The trend is down when there are lower swing tops after a swing
bottom has been broken. The trend is up when there are higher swing
bottoms after a swing top has been broken."
Is that true?
How can you prove, or disprove that statemtent?
Can you use Gann charts in AB?
"Further, Gann defined a pyramiding technique, which is adding more positions in the direction of the trend."
Is this a trading system rule or a Money Management strategy?
If this is a MM strategy is it a valid one?
Further than that ... was Gann a successful trader?
How can we know that ... was his trading performance recorded and
audited by a qualified independent third party or are we relying on
hearsay?
Did he make his living trading OR selling something?
You can see that there are a lot of fundamental truths to learn about
trading ... sooner or later, if we persist, we all come across them in
one format or another.
Soon after I got started I had compiled a mental list of the
fundamental challenges and now, years later, I have an answer to most
of the questions on that list ... formulating the pertinent questions
is challenging .. finding the answers to those questions takes a lot of
time and effort, not to mention right thinking.
BTW
dissemination != decimate; (apologies for the spelling mistake)
If it were an exams, I would have left the school, rather than waiting for the results ;-( Isee what you mean about lot of fundamental truths to learn....hope I will know some of them in the next yew years of my study into TA & Trading in general.
Regards.
Sanjay.