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To: Singaporegal..on Larry William book.Chapter 4

The book referred to is :-


Larry William's
Long-Term Secrets to Short-Term Trading 

 

Hi Singaporegal,

Oic... thks thks...

Anything

 

Hi ChinChye,

I don't really use volatility breakouts in my trading but let me try to recall what its about...

I think the basic idea is to monitor the market and catch it when a breakout occurs (large, sudden price/volume increases). This is based on the assumption that when a breakout occurs, the price trend of the stock will keep moving in the same direction until its energy runs out.

 

Hi Singaporegal,

I have been following ur post regularly and have bought a book on Larry William (Long Term secret to short term trading) to study more.. However,  chapter 4 (volatility breakout-- The momentum breakthrough) is very very confusing.. i couldnt understand the whole chapter even though i have read many times.. haha..... pardon for my stuipdity...  Really hope you can enlighten me..

THks in advance...

Rdgs,

Anything.