Coogee

This is a very valid concept which I have used since 1994 , however let me add the idea has been taken from the teachings of Charles Drummond [ Drummond Geometry ] . Furthermore any attempt to computerze or mechanize the concepts and rules are doomed to failure.

Hi SDP, To get to the core issues which are only a few let me say this: I personally am a brilliant stock position trader and a mediocre to sometimes lousy futures trader while being a very competent analyst . What makes the difference : 1. Leverage , I trade stocks with my money and no margin. This helps. 2. The more trades you take in and out the higher the costs , slippage and %ge of errors. 3. Noise can have a disastrous effect on leveraged futures accounts. So it is a misconception to prefer Futures because you streamline the knowledge and information overload because you pay for it dearly . Also daytrading has seen many a good trader come to grief.

Hi Rajanadar , I want to say that the book you mention is not worth anything , it is the worst of his books. I did his full course and was lucky to have the benefit of his personal direction daily by fax for 3-4 yrs . His course and lessons are worth the money but are an arduous journey , thousands of pages . Almost like studying medicine . If you are one of the PlayStation generation with a short attention span who wants to computerise everything and mechanise everything then it is not for you . For me it is the Ultimate in Market Analysis but it has taken me many years , are you ready? Best Regards

I am posting to see first if anyone is still around to discuss with. I have done the course before the MM lessons appeared and yes it is very tough going but worth it.:missy: