Shannon's Journal Discussion Thread, Vol. 5

[Shannon]

And to DarthXedonias, you're referring to day traders (i.e. gamblers), vs investors who research, buy and hold for years or even decades. I suppose day trading is more likely to need help to do well.

Eh, I think that might be it. personally for me (I use to trade options) I make a trade then usually hold on to it for a few days to a month tops. Don't make a trade every day and as it were have one method to my strategy. So not sure if I still count as a day trader if I'm not trading daily. That's just me personally though. I'm sure there's plenty of day traders out there who would benefit.

Also Congrats on making progress on the script. Hope this makes things a bit more powerful. I know for myself I think the tech level in OF was the turning point for me and its only getting better as you have made the scripts more and more powerful since then.

The point being that short term trading is much more difficult than long term trading.  I'm not sure how I would incorporate options, etc.

The module I am working on for the script should, if it works as intended and I can get it right, significantly reduce or maybe even largely eliminate resistance points.  I don't want to get my hopes up too high until I see what it does, but it could very well be the majority of the remaining sticking points.  If it does deal with the majority of the remaining sticking points, then the script would be much more effective and successful, and you'd see much more and much better execution.  The power level would appear to increase because of that, but it's more along the lines of using all of what is there, instead of just some of it.  Power level isn't everything.