Yogesh. I am still learning option. As I go deeper into it, more I realise my level of ignorance. Above post is one such example and nice topic to keep me busy.
The market reaction of today morning, is supporting my thoughts to some extent.
But I got to spend more time on this..
Standard practice is standard. Thats how we should interpret till we have proved ourselve that it is not the reality. We need to know if cause 95% of people will read this info in standard way.
But if we find it is not reality, then we have got tremendous advantage against those 95% people. And we can position ourselve to exploit this opportunity.
If we do what everybody else is doing, then we will get what everybody else is getting..i.e. majority of them are looser in the market. In my view, we need to have as many edge as possible to be successful in this arena.
If you look at the way VSA reads volume/price, is very different from the way a stanadard TA book will explain volume and price. That gives us edge in the market.
I will come back with my findings later.
Happy Trading
The market reaction of today morning, is supporting my thoughts to some extent.
But I got to spend more time on this..
Standard practice is standard. Thats how we should interpret till we have proved ourselve that it is not the reality. We need to know if cause 95% of people will read this info in standard way.
But if we find it is not reality, then we have got tremendous advantage against those 95% people. And we can position ourselve to exploit this opportunity.
If we do what everybody else is doing, then we will get what everybody else is getting..i.e. majority of them are looser in the market. In my view, we need to have as many edge as possible to be successful in this arena.
If you look at the way VSA reads volume/price, is very different from the way a stanadard TA book will explain volume and price. That gives us edge in the market.
I will come back with my findings later.
Happy Trading