Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
evroom1
Members-
Content Count
37 -
Joined
-
Last visited
Content Type
Profiles
Forums
Calendar
Articles
Everything posted by evroom1
-
Now we may be getting somewhere. Thanks for the post. It would be an pre screen floor trader who would the most to say about this. However the floor traders had many other clues the average dom trader might not have. The Goldman Sachs guy standing near him for example. Pit noise etc. All what turned out to be very good clues for what was happening. I quote you now "You seem to be trying to make this form of trading far more complicated and mystical than it is" Nope, others far better than me have already done that. I seek only for quidance on how to "see"movement using only the numbers that appear on the average dom. And if the average dom doesnot contain enought information, which I suspect it does not. How would one set up such a dom. Your statement on price areas is right on. Shows you can trade. I respect you. My question to you becomes how do one plot those areas on a dom. The MK will test all price points and after a certian point will come back [ in time] and test them again. How the heck can you do that off just the dom price? Is dom trading the new floor trading? Where you just scalp your way along? Interesting stuff.
-
THey use the dom. Watching something is not the same as knowing what you are watching. lol Yikes they watch the dom and NOTHING esle. I do not totally get it. I have pieces but am missing something. Most traders I dare to say use some type of a dom for order entry. Few if any can trade just with it alone. I am looking for someone who trades just from the dom. A person or group that can help me use it stand alone. My guess that this subject is so far out for most retail traders will never get it. They will also never get a clue as to they trading against. Do they really think the Big players trade just using a chart??
-
Yes Jump it is tight lipped. Their can be only two reasons for that. It does not work or it works really really well. If you have any institutional experince you already know the answer. I am allowed to hang around and watch from time to time. The results are pretty amazing. They are not trying to sell me any thing with regards to training. Profit motive is here and I will leave it to brighter folks to figure that out. I know the answer. With regard to a single axis as you know most of us have to use both x and y axis in order to see what is going on. They do not need the time axis at all. And it is not a range system. The big boys are smarter than that. That leaves y. Just the dome. I am missing the piece that allows one to see turning points on just that. This not a MK detla volume type thing either. Just price.
-
It always a wonder to me why is hard for some people to stay on track. I am glad you trade well. I am not interested in how you trade with charts and incidators. Not even a little bit for the purposes of this thread. I want to know how to trade without a chart. The subject has nothing to with your objectives. This thread is not about you. Get it? I have seen these traders at work. Just numbers on a single axis, others from just spread sheets. They were making money but more importantly they had removed the elements of trading that cause most chart traders failure.
-
I have only read the cliff notes on this book. It appears I already trade this way. But as with you i also rely on charts to get the job done. The trick is now how to figure out how one can see these lines in one axis. I thank you for your reponse. The search continues.
-
Thanks, What was the name of this book you refered to? I have seen the best traders trade with little or no refering to a chart. I have not found ay real training on the subject as of yet. So any help is much appreciated. I looked at time Time and sales and it is part of this picture but not the only part. A dom that was set up in an entirely different fashion than the ones Iam used too make do the trick. Thankyou again for your post. It was that type of post I was hoping to get. This not meant to be an incidator vs. no incidator thread. How what is it that you train your eyes to see. What noise do we want to avoid/
-
Last edited by wjrusnak; Today at 05:52 PM. Reason: To Add: Many professionals make a living off "lagging" indicators. Don't become an idealist LOL I can see you are a "professional" I bow to your skill at positive communication
-
I beg to differ. I am there to learn how to trade above the norm. And if I can get others to join in the quest so much the better. Half the things you listed do not work. They never will as they are lagging incidators. It is good to know what is on the edge if only so we do not get scammed. I have spend over 10 K on this that and the next best thing, only to find I had to teach myself. I would have been much better off in a place like this asking traders what works and what does not. Nial Fuller wrote something on this forum that was very helpful for example. Nope this the right place. With a little luck I will find a wise trader or another piece of the puzzle
-
LOL no I am not looking to promote anyone's service. But it was hard not to notice that in your reply you did. I guess do as I say not as I do. Believe it or not I am just looking for information on how to do it without paying to fine out it is not possible for day trading. I know it is possible for swing and longer term trading. All the pre computer traders did it. Day trading is another story. Thanks for letting me know the rules.
-
Thanks Mr Browns At the moment he is doing it in real time and not charging a thing. But you know how that can sometimes go. He never gives all the details of the setup but the calls are good and work 90 % of the time. I can trade so I can cross check the entry in real time. I also can tell what method a good trader is using by about the third call. This guy is different in that he claims no charts no nothing just the use of a dome. His numbers are always sharper than mine and way better than the average trader pivots, support and resistance, etc. In fact you probably have to be a good trader to even understand what he is doing. I have seen a [very] few trade without a chart with the numbers transfered to an excel sheet and they had nowhere near the results of this guy. Please do not write off the thread. I have been scamed enought during my trading life this not the same.
-
I have run into a guy who claims to trade without the use of a chart. Just pure price. On only one axis. From this he claims to be able to see support and resistance from which he sets his trades. My question is " Is this even Possible ?" This method is more than just tape reading or some Gann method I believe. Can anyone shed any light on the subject.
-
Finally some one who actualy has more than a guess about trading. well done
- 4385 replies
-
I have used this platform for two years. It is easy to learn. Fast and will do most order types. I have tried several other platforms none performed like ninja. They let you use it for free to learn but I would have paid for for it if that was not the case.