language of stock trading

ecg is the language of the heartbeat.
richter scale is the language of the earthquakes.
and a chart
is the language of the stock.
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while priceline is stock's analog language
the indicators are its digital language.
the clarity, range and depth of the digital language is far better.
though a language can't claim to reveal all that is there in the heart of the sayer
coupled with the "body language" of the sayer
it can reveal quite a bit.
-
those trained and experienced to read the chart
can tell what the market or stock movement is trying to say.
you don't have to be a science or engineering student
to be able to master the language of the chart.
since this is a language
any arts student
or a person with sensitive and watchful eyes and head
can learn and master it!
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as i mentioned in my earlier post,
random behaviour of a sufficiently large group
becomes a pattern!
everything around us (including markets)
exhibits patterns!
even change happens in a pattern
(afterall, we have change, rate of change, rate of change of rate of change......and so on!
but it will always become a pattern.)
even brownian motion has a pattern of randomness! you can expect randomness and apply probability theory!!!
-
the beauty of watching and watching and keep watching
stock price movements is
that soon you start seeing and hearing and feeling and understanding
the hidden pattern, the message, the signal!
no need to be good at statistics or maths....
no need to have the memory of a chess player.....
just need to be relaxed
and in love with the market.
love has a unique language...
it teaches u everything.....including trading!!!
-
going a step further
just recall
the sign language of the speech-challenged people.
do they communicate with just one hand?
or do they use two?
mostly, it is with two hands!
i used this hint
to learn the language of charts.
i studied rsi to a fine extent,
but still i found that it bluffed many a times.
i just added the "second hand"
- william % r
......results were enough to make me
roll and roll and roll with laughter!!!