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The mathematical can smooth and obscure the true price action ... one needs
to learn to read and interpret the price and volume patterns. I'm not saying
that the math is not useful, however the best clues are generally found in
price and volume patterns.
Earl
----- Original Message -----
From: "ira" <mr.ira@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, January 07, 2003 9:21 AM
Subject: Re: [RT] Wheel Reinvention?
> Trading is a constant educational challenge and there are a lot of things
> that are being developed and tested because of the computers ability to
> process data rapidly. The thing that is bogging down a lot of traders is
> just that fact. Their ability to process data. In trading technically
the
> visual is as important as the mathematical. The mind sees in pictures not
> in numbers or words. One of the reasons that numbers are turned into
> graphics. The object is to have an open mind to the new, but also to
> appreciate all the work that has gone before. There is very little that
has
> been developed lately that is not based upon what has been done in the
past.
> People just fool with the interpretation most of the time.
> ----- Original Message -----
> From: "John Cappello" <jvc689@xxxxxxx>
> To: "gphx" <gphx@xxxxxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
> Sent: Tuesday, January 07, 2003 5:41 AM
> Subject: [RT] Wheel Reinvention?
>
>
> >
> > FWIW
> >
> > 1. Time heals all economic wounds whether they be excesses on the
> > long are short side...or just boring sideways.
> >
> > 2. The concept that nothing has changed in making money in the
> > investment world and making money now is about as sane as there have
> > been no technology changes.
> >
> > 3. Yes, old methods work...but so do some new methods and ideas...I
> > and others are open to both and would not like to see people fear
> > posting because what they say may be unpopular.
> >
> > My hats off to people with an open mind and not out to castigate
> > everything presented either as a concept or what an individual is
> > proud of.
> >
> > Sincerely,
> >
> > John
> >
> >
> >
> > ------------------ Reply Separator --------------------
> > Originally From: "gphx" <gphx@xxxxxxxxxxxxx>
> > Subject: Re: [RT] Which wheel???
> > Date: 01/07/2003 01:03am
> >
> >
> > Message'Time is more important than price. When time is up, the
> > market will move, regardless of whether the price target was
> > reached'. - W. D. Gann
> >
> > Just a thought.
> >
> > Darrin
> >
> > ----- Original Message -----
> > From: Sean Cassidy
> > To: realtraders@xxxxxxxxxxxxxxx
> > Sent: Monday, January 06, 2003 6:29 PM
> > Subject: [RT] Which wheel???
> >
> >
> > Thats a bit of my issue as well. If you are willing and able to do
> > the work, it is still hard to know which direction to pursue. I think
> > that given current market conditions, my most likey avenue of succes
> > would be to trade a market or markets, probably not the S&P, 5 to 7
> > times a day. But there are so many varied opinions out there, its
> > hard to tell which are valid and which may be less effective. Without
> > getting defensive, it reminds me of the PC issues I had a few weeks
> > ago. I had responses taking me in about 10 directions (all
> > constructuve, and I appreciate that) and it turned out that my pc was
> > just clogged, reinstalling windows 98 seems to of fixed the problem.
> > In short, I still am not sure exactly what direction to
> > pursue....although price action seems to be my preffered method. Any
> > advice will be appreciated.
> >
> > SMC
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
> >
>
>
> To unsubscribe from this group, send an email to:
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>
>
>
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>
>
>
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