Actually, there are a few chart services. I have used two, SCR out of the Boston area and the other one I believe is Commodity Trend Analysis. They publish every week if I recall correctly.
Recent history I keep in a book, charts from 1997 back I keep on a data base; I can print a chart off it if necessary.
I prefer the paper myself, but for intraday trading I have to prefer the computer.
All in all I'm only mildly interested in AP, as I used it for a time several years ago and either I did not use it correctly or (more likely) it did not fit in with my needs.
Most people think day trading is too risky; my problem is that's how I earn a living. So I used to look at AP for positional moves over time but I had to develop a "skill" for daytrading. Eventually, the positional trades became unnecessary. Now, as I get older, two things have transpired. First, I don't need the income so I can spare time away from daytrading. Second, as one ages daytrading is very hard on the nerves.
Think about it, how many people are daytrading that are older than their 30s for example? Certainly, as I approach age 50 I'll wish to do it less and less. So I would like to look at positional stuff once again. I may as well plan for some sort of partial retirement from day trading. Even now, I have been trying to just catch the early move of the day and then walk away.
So I'm willing to give AP and some other stuff another shot. Perhaps I'll contact this fellow to see what he has. I'm not much on available time, however, so homework seems far fetched. If I contact him, will you get credit for a referral? |
