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RE: A Quick - FRACTAL - Poll



PureBytes Links

Trading Reference Links


http://www.olsen.ch/

enjoy :)

Riccardo



> -----Original Message-----
> From: Neal Chabot [mailto:sire@xxxxxxxxxxxxxxxx]
> Sent: 23 June 2000 23:46
> To: Riccardo Ronco
> Subject: Re: A Quick - FRACTAL - Poll
>
>
> Riccardo,
>
> What is the URL to the Olsen web site?
> Thanks
>
>
> ----- Original Message -----
> From: Riccardo Ronco <riccardo@xxxxxxxxxxxxxxxxxxxxxx>
> To: Omega List <omega-list@xxxxxxxxxx>; <robert.cummings@xxxxxxxxxxxxxxxx>
> Sent: Thursday, June 22, 2000 3:23 PM
> Subject: A Quick - FRACTAL - Poll
>
>
> > Supply and demand and the perfect holy grail...
> >
> > I do believe that supply and demand are also time frame
> related. There is a
> > very interesting article in the wev site of Olsen and
> associates about the
> > fractal nature of trading. Basically what is a blip for the
> fund could well
> > be a trading opportunity for a market maker so supply and
> demand react to a
> > certain level of price or price activity. The liquidity of the market is
> > related to this idea: when prices start to fall or rise at a
> certain speed /
> > level (I use these 2 words non to mean the same concept) then something
> > happens in the mind of ALL the investors and then you have no
> more supply
> > and demand.
> >
> > About fear: I started to trade successfully in a consistent way
> doing the
> > hardest thing that is to close quickly a wrong trade and to let
> the market
> > tell me when to enter following my systems. The hardest thing is really
> > "surrender" yourself to prices and to the analysis you have done before.
> > Being also a technical analyst for my bank puts me in the weird
> situation to
> > be right as much as possible but it is clear that analyst HAVE
> to be right
> > and traders HAVE to make money and usually this makes the difference in
> > making money, the right reason to be in the market. When I
> accepted it was
> > right to be wrong then I could accept to take losses more
> quickly and let
> > profits run or being able to re-enter a trade successively. And this is
> > valid even to apply your own reaserch to put up a trade.
> >
> > Riccardo
> >
>
>