Welcome!

[TradersCoach]

I hope you enjoy this forum and use it! Have fun, and learn! I will be moderating this forum so if you have any questions for me feel free to ask!
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[Billy G]

[/QUOTE] I hope you enjoy this forum and use it! Have fun, [/QUOTE]

Great looking dbase, Ben, to post into. Did you decide on ado.net? to structure the program code for this Forum? :confused:
It looks very well done ;)

I just received your NEW BOOK at about 4pm y/day a/noon "The Art of Trading" came USPS. I had the order in at least over six months ago after talking to your wife last 07/07 after the SD, CA Expo (06/07 there at the Marriott, down by the Harbor, on Front St).

That is pretty amazing the endorsements you have on your book people from the LSE, Larry McMillan, etc.

Last night I jumped around a bit to get the comprehensive feel of the book. In chapter 26 had some great points that professional traders know re: contractions precedes great moves. I've heard it said in many ways as you listed also.

When your trying to measure THE STRENGTH OF A TREND do the triangles give indication of the strength of the move? For example, with adx I can tell institutional buying is in vogue when adx is up at 50 that gives me a lot of confidence to keep it on a watchlist that they will be back in and end up with adx peaks subsequent to big adx peak moves.

Granted I am not into the depth of your book, as yet; however, how is your system compared to say ADX-DMI (granted its an indicator; yet, I know you will know who I am talking about who has taken it far beyond J. Welles Wilder, and his more limited work on it 25 yrs ago, compared to what is out there today); in fact, if I recall last 062107 I think you and the adXcellence man were having a contest up on a stage. I never was able to stay long enough at that session to see how things turned out yet it has always caused me some curiosity as to how one system "The Art of Trading" stacks up vs ADX-DMI for instance? (where you can see low adx (low volatility) vs high adx (high volatility)? Or, can you use these two systems in conjunction with one another?

What a coincidence, though, I get your book last night and today you have this new site up. I am very anxious and looking forward to understanding your system. I have seen a few demos you gave several months ago and it was very intriguing to me back then.

[TradersCoach]

Hi Billy,

Thanks for posting, you are one of the first! :)

Enjoy the book, glad it arrived! We are asking everyone who likes it to post a review on Amazon so other can see. Your question on trends is a good one. The Pyramid Trading Point indicator which is our trend indicator in the ART Trading Software does a good job of identifying high probability trend trades. However we take this a few steps further in the book and then again in the 4-week comprehensive Home-Study Course by introducing the "Advanced Trading Techniques" designed to further filter and identify the best trending markets. Markets that have been channeling for a specific amount of time are excellent candidates for trend trade possibilities. In fact Elliott Wave is also taught in the Home-Study Course that helps in determining trending impulsive waves of significance as well as risk to reward determination. Fib extensions and fib retracements also come into play. In some cases after all is said and done you will find that trades you did not think would be great, turn out to be your best! Remember to use risk control on each and every trade so that you protect yourself and this will allow you to trade more often to catch these huge trends that bring in the big money!

If you have any questions feel free to ask. Have a great day!

[sreeja]

Hello all
I am new here.I am sreeja.I am from India.Nice to meet you all.This forum looks so interesting .My friend told me about this forums.Hope i can enjoy stay.

[traderjones]

Hello sreeja
Glad you found the site. Hope that you find what you need. I have found Bennett and his staff very willing to provide useful responses on ART and trading in general.


traderjones