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Old 01-06-2008, 08:15 PM
vin vin is offline
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Quote:
Originally Posted by mp6140 View Post
HEY

from what ive seen and read, your method is essentially "quantative analysis" which I call "real time trading", as it takes into consideration the "realities" of the market.

allow me to put forth one suggestion, in constant use by "professionals" and that is while using the bols, ALSO USE THE LINEAR REGRESSION CHANNELS and/or the DeMark channel. (LRC is my favorite)

FIRST, they define trends like nothing else, identifying breakdowns and breakouts with tremendous accuracy and completely visually, they will show you the up and downside moves with clarity beyond even what bols can do and are the simplest things in the wold to do !

throw in a good support and resistance indicator and you become unbeatable.

btw, if you really want to increase that account, make ONE trade with a few hundred lots and watch the account grow ! (ok, but only PARTIALLY tongue in cheek because I stand witness to the fact it can be done, but my golly can the drawdowns be scary !)

you dont have to believe what I say, but the information comes from trading a few real accounts professionally (yes, I get paid to do it) while trading my own NYS registered financial corporation)

Just put the channels on a chart and see what you get ---- If you do better at trading aint no skin off my nose !

enjoy and trade well

mp

enjoy and trade well
I though quantative analysis was more mathematically orientated.But I like what you meant by taking the market's current reality which is exactly what I feel I am doing.I will look into linear reggression channels.
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