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Re: [realtraders] THE RIGHT SIDE OF THE CHART {01}



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> That's what I use. I use nothing else, just DiNapoli.

I have heard many good things about DiNapoli, from people I respect.  
(Including you. :-)  It's definitely on my "must learn someday" list. 
 I suspect, though, that it might not be the best match for me at my 
current level of trading knowledge.  I'm a lousy discretionary 
trader.  My skill, so far at least, is best applied to writing 
programs that can call signals for me.

> Leading indicators allow me to buy when everyone else is 
> selling, and vice-versa. They also allow me to reduce my risk,
> and help me to know when a trade is failing, what to do about
> a failing trade... 

Yes, that's the gist of what I hate about my trading style.  It works 
(usually), but too often I feel like I'm flying blind.  If my 
indicators say to jump, then most of the time it will be worthwhile 
to jump.  But I'd like to know how far the market is likely to move, 
when the market has proven me wrong (before it hits my MM stop!!), 
when to exit a trade, etc.

Sounds like I need to do some studying.  Where would you suggest 
starting?  "DiNapoli Levels", or ...?

Gary