SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Dorsey Wright & Associates. Point and Figure
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Atin who wrote (5263)1/25/2000 9:01:00 PM
From: The Phoenix  Read Replies (1) of 9427
 
At the risk of attempting to discuss a subject I know little about I think if you want to make a case for time being a factor you have to go back to the origins of P&F and see how it was applied and measured. P&F is great and respected because it generates a pretty predicatable (on average) result...but based on charting movements in stock price - if appropriate at the end of the day.

If think attempting to play intraday volatility against P&F and calling it P&F does it an injustice. Is there any evidence that if you follow intraday swings that the return from your investment will be as good as what is currently experienced in P&F. Once you consider intraday volatility and cost of a trade (as a stock put's up 3 X's then sells off during the day for example) I have to believe that playing intraday movement is a risky endeavour - especially in this market.

Still, I agree there are some cases when it might make sense to buy or sell intraday but this is the exception not the rule...and even so would be based upon price movement - not time.

NOW THAT ALL SAID. regardless, you can measure every 5 minute...or every second...at the end of the day your charting price movements - not time. Time doesn't make a difference... the price movements are independent of time... and you trade on price movements - not time. You can choose to short term trade but it again will be based on price movements and the X's and O's created - regardless of time.

OG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News