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Strategies & Market Trends : Level II Trading

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To: Bilow who wrote (209)2/22/1998 9:53:00 AM
From: Dan Duchardt  Read Replies (1) of 1086
 
A bit off topic, but HE started it <ggg>

Carl

Quantum Physics?? Maybe you could develop the Bilow Uncertainty Principal for daytrading and go from there:

momentum = <something analogous to mass; maybe volume> X <velocity; delta price/delta time>

Then we have <delta momentum> X <delta price> = b, the Bilow constant; care to pick a number?

At any moment you know the exact price of a stock, you know NOTHING about how it is moving, and at any moment you know exactly how it is moving, you know NOTHING about it's price. Fortunately, if you don't know too much about either one, you can have some idea of what's going on, and as long as it is going in your direction, the exact price is not too important. If your goal is to understand the dynamics of the stock market on a small time scale, it probably is as difficult as quantum physics. After all, it depends a lot on human emotion, not fundamental laws of the universe.

Happy trading

Dan
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