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>I have no idea how this works in the stock market as I
only trade the Futures markets. Stocks are way to risky for my risk
adverse tolerance level.
tom
I have traded stocks and futures and have the scorch marks to
prove it. I have decided on stocks because although i am a shortterm
trader i am not a day trader [got a real job :)].
>IMHO, Volume analysis is good when used with Open Interest
and the Commitment of Traders reports. Stochastics and Moving Averages
will let you down and misinform you a large percentage of the time.
i am drawn to volume because it seems to show up so often in
comments of those who seem to know what they talk about. secondly volume
(in my estimation) is not a lagging indicator. i don't think i would be to
wrong in classifying it as a fundatechnical indicator. I don't use moving
average as some do (triggered when a fast MA crosses a slow MA). I use it
as a signal when closing price crosses a single moving average.
Stochastics i use for there trend direction more than the actual numeric
value.
>The old lagging indicators used by most traders may be
good for validation or verification of a market opinion however <FONT
color=#008000>they do not help me to enter and exit trades at the most opportune
time/price.
Ah, that's the kicker, isn't it?
bob
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