Example Updates

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DGWizard

Example Updates

Post by DGWizard »

I noticed that most of the examples in the course are from 1998-99. Since then, market have become almost 24 hour and I am not sure if examples in lessons 25 on swing trading and lesson 26 on day trading are valid anymore. How does one adjust his trading activities for this major change.
pldot
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Joined: Sun Apr 27, 2008 10:52 pm

Re: Example Updates

Post by pldot »

The markets have actually changed little; the biggest difference is in the rareity of gap openings. The patterns still hold. We sometimes think that the speed of the markets has increased, but the levels reached, targets, time period relationships, etc, have not.
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