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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: ivan solotaroff who wrote (34918)4/5/2000 9:46:00 PM
From: bdog  Read Replies (1) of 79230
 
Ivan, "THE OLDER I GET, THE BETTER I WAS"

good one.

I think Doug has a good handle on how the near term future of trading will and/or may already be. One would set up real time quotes to trigger buy/sell points and automatically trade your account.

Also one could program in a risk reward feature, position sizing, blah blah blah and of course, a stop loss. I like this stop loss better because nobody else but you can see it. It can be mechanical but not swept by an MM. (do they really do that? ya they would send some bogus quotes your way to git cha) Also one could have a buy stop and again, for your eyes only since the quotes are coming to you and the order is kicked out by the program.

I myself would still like to somewhat manually do this and am not an automode guy unless I wrote and tested the code myself. Way too many things to go wrong.

I do think that in the future we will develop 3D type TA environments to give us the "z" axis and not just the flat chart of x and y. We will be in a virtual sphere of some sort and color being the way we see buys and sells. (the TA boys, Blake and Mag said some kind of 3D thingy is in the TASC rag this month. I need to check it out)

I can see it now...
we will have a heads up display wherever we are...
living in a drunken cat gapping stuper...

for now, the Die Button works just fine...

getting better by the moment...>g<
bfuturedog
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