Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
The Secret Science of Price and Volume by Timothy Ord: Book Discussion.
So much for those "secrets" he divulged in his book and so much for his proprietary Ord software. I think his career is pretty much over. Another market timer bites the dust.
Can you help answer these questions from other members on NexusFi?
I read the book. I think there are some valuable information and his book got me more into looking at volume. Volume is key and the chapter wind in your back can help you to have a systematic approach to the market. I tweaked and added a few things and breadth indicators I look at and like ztrade101 I used McClellan Osc. for my swing and momentum trading.
Cunparis is right, he is short the market for a long time and I never understood why he wanted to hold on to his position. In his newsletter he uses many classical indicators with his on periods and parameters settings to find reasons why the market should have been short since last year. I always felt he wanted to be right with his short position.
Nevertheless, the book is great and in his newsletter he didn't stick to his approach that he uses in the book. Like I said he really was trying to be right, a great psychological mistake. The McClellan Osc. and other breadth, sentiment, and volume analysis would have given him better timing and he would have been long and short last year.