The A's are pretty good, Amateur buying at tops, and Amateur
selling at lows. Basically it's volume declining and smaller size
prints in volume as price goes up or down; for example in an
uptrend when price gets exhausted, you get the late buyers,
typically individuals who trade small size few hundred shares, not
institutions who are large prints. During downtrends you get the
very late sellers or shorts who are selling very oversold
conditions
like anything it's not perfect, but it's a useful tool in the
traders toolbox
Posted by DigiNomad on 28th of Nov 2022 at 03:16 pm
I would love to have a trade-sitter app that sits on top of my
platform app and flashes the screen and audible alarms when I
attempt a trade in the direction of the trend when A's are being
posted. I'm so much better about not buying tops and selling
bottoms after 20 years doing this, but I still get caught every
once in a while.
On a related note, I feel like probably 60% or more of the
time when my stops get hit, price reverses and in hindsight I can
look back and see amateur selling. I hate stops. If I give them
enough room so that traders don't run them and then take the stock
back up, the amount of room I have to give them makes them almost
useless. Options for me instead.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
The A's are pretty good,
The A's have been the best market timers this year
Posted by matt on 28th of Nov 2022 at 03:06 pm
The A's are pretty good, Amateur buying at tops, and Amateur selling at lows. Basically it's volume declining and smaller size prints in volume as price goes up or down; for example in an uptrend when price gets exhausted, you get the late buyers, typically individuals who trade small size few hundred shares, not institutions who are large prints. During downtrends you get the very late sellers or shorts who are selling very oversold conditions
like anything it's not perfect, but it's a useful tool in the traders toolbox
I would love to have
Posted by DigiNomad on 28th of Nov 2022 at 03:16 pm
I would love to have a trade-sitter app that sits on top of my platform app and flashes the screen and audible alarms when I attempt a trade in the direction of the trend when A's are being posted. I'm so much better about not buying tops and selling bottoms after 20 years doing this, but I still get caught every once in a while.
On a related note, I feel like probably 60% or more of the time when my stops get hit, price reverses and in hindsight I can look back and see amateur selling. I hate stops. If I give them enough room so that traders don't run them and then take the stock back up, the amount of room I have to give them makes them almost useless. Options for me instead.