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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: TA2K who wrote (9548)2/24/1999 6:55:00 PM
From: Allan Harris  Read Replies (1) | Respond to of 12039
 
Are you therefore saying it's best to ignore volume?

If you click on my profile, you will find under Investment Style: Find something that works...Then use it.. I know what works for me, and it's price patterns. Only you can decide what works for you, and it is unlikely to be discovered here. Yes, you will get some guidance, some ideas that will take you down many divergent paths. In the end, you will literally stumble upon the answer, the way, the style, the methodology that works best for you.

The only thing I know that works for everyone is perserverence.

A



To: TA2K who wrote (9548)2/24/1999 6:57:00 PM
From: Michael Watkins  Read Replies (1) | Respond to of 12039
 
Nicholas,

Why don't you check out a few dozen, or hundred, charts -- and you'll see the effect volume has. Or not.

There is nothing that substitutes for checking the stocks you like with the ideas you have picked up and like. You will decide what ideas will work for you.

That being said, there are many messages in this thread and 'indicators' discussing volume, scans that use volume as filters, etc. You need to review and determine what works for you, your time frames, and your goals.

Another piece of un-asked for advice I have for you, in the spirit of sharing what has worked for me:

I notice your writing style includes heavy usage of third person. To me this indicates a lack of ownership. You need to start saying "I" a lot more. The ideas you pick up on have to become your own, you need to take ownership, and the only way to do that is to start saying "I" a lot more.

Michael