MatthewA
Active member
Merry Christmas Thinkscript friends,
@MerryDay @BenTen @mashume @HODL-Lay-HE-hoo! and many many others who may not be here...
Some time ago @Welkin and I made workspaces with many different Volume based techniques which started me down the path of examining the markets free of biases or the desire to guess win/loss coin tosses.
All of the most successful of us know that markets consolidate 90% of the time and trend strongly less than 10% of the time...
When we remember that the market is NOT a tug-of-war between buyers and sellers as each sale must have one buyer for every one seller , and we realize that when the market is nervous traders may waiver in their intentions and create wild zig-zags where stops create unexpected liquidity.
Would there be an interest in some more observation of Volume behavior over the next several months???
I will be finished with my clinicals and will have time to code some of the things we studied for our trades that we continue to use unpolished.
I think many of the traders who we have known become rather close minded once they are past their learning phase and are profitable they tend to treat every questions beginners make as a burden or that collaborating will drain the algos that pay their bills or disposable after school income. Lol you know who I am talking about lol .
Some of the indicators we wrote in the past work very well but they don't have entry exit signals and are somewhat subjective. Profits were realized by understanding what was happening overall and behaving somewhat Asymmetrically once consolidation was ending.
I will start by reviewing some of the excellent posts in this community and several other which were similar.
@MerryDay @BenTen @mashume @HODL-Lay-HE-hoo! and many many others who may not be here...
Some time ago @Welkin and I made workspaces with many different Volume based techniques which started me down the path of examining the markets free of biases or the desire to guess win/loss coin tosses.
All of the most successful of us know that markets consolidate 90% of the time and trend strongly less than 10% of the time...
When we remember that the market is NOT a tug-of-war between buyers and sellers as each sale must have one buyer for every one seller , and we realize that when the market is nervous traders may waiver in their intentions and create wild zig-zags where stops create unexpected liquidity.
Would there be an interest in some more observation of Volume behavior over the next several months???
I will be finished with my clinicals and will have time to code some of the things we studied for our trades that we continue to use unpolished.
I think many of the traders who we have known become rather close minded once they are past their learning phase and are profitable they tend to treat every questions beginners make as a burden or that collaborating will drain the algos that pay their bills or disposable after school income. Lol you know who I am talking about lol .
Some of the indicators we wrote in the past work very well but they don't have entry exit signals and are somewhat subjective. Profits were realized by understanding what was happening overall and behaving somewhat Asymmetrically once consolidation was ending.
I will start by reviewing some of the excellent posts in this community and several other which were similar.
