What are ticks? - Trading-Lab

Darior · #1 03-19-2008, 09:04 PM

I've got in my trading program 15min, 5min, 1min, and I also have 144 and 233 ticks.
What are ticks?

thanks

kerahc · #2 03-19-2008, 10:27 PM

Quote:

Originally Posted by Darior

I've got in my trading program 15min, 5min, 1min, and I also have 144 and 233 ticks.
What are ticks?

thanks

Ticks are trades, these are helpful when you have a slow market and the actual time value charts can show false results.

Darior · #3 03-20-2008, 08:02 AM

Thanks kerahc!

Could ticks be use on a hi liquid stocks as GOOG, AAPL etc?

kerahc · #4 03-20-2008, 02:11 PM

Quote:

Originally Posted by Darior

Thanks kerahc!

Could ticks be use on a hi liquid stocks as GOOG, AAPL etc?

They can be used but I don't know how successful they would be. The time value is all relative to what indicators you use to develop your trading plan. If you can work out an average trades per minute you can calculate the periods you would need to enter to reference your indicators on other charts. It's all relative and I'm not one to say I know everything by any means but with stocks that move that much a standard time value stock may be more then enough to get you started. You have to remember the majority of people use trend lines on 1 and 5 minute charts that day trade and when enough people belive something it becomes a self fulfilling prophecy...

Darior · #5 03-20-2008, 02:21 PM

Thanks for explanation...

aiki14 · #6 03-21-2008, 06:17 PM

I don't use the ticks for charting but I do notice they are fibonaci numbers, and that is a data set used by some traders. Perhaps in retracement systems the 144 and 233 tick periods are of some value.

Luvnrio · #7 03-28-2008, 05:29 PM

If you are still interested in learning about tick trading, here is a guy who only tick trades. I myself found some of his knowledge to be quite useful. Let me know what you think, good or bad...

http://www.topdogtrading.com/

RiO

Darior · #8 03-28-2008, 06:14 PM

Ok, thanks...

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#1 03-19-2008, 09:04 PM
Darior Junior Member Join Date: Mar 2008 Posts: 11	What are ticks? I've got in my trading program 15min, 5min, 1min, and I also have 144 and 233 ticks. What are ticks? thanks

#3 03-20-2008, 08:02 AM
Darior Junior Member Join Date: Mar 2008 Posts: 11	Thanks kerahc! Could ticks be use on a hi liquid stocks as GOOG, AAPL etc?

#5 03-20-2008, 02:21 PM
Darior Junior Member Join Date: Mar 2008 Posts: 11	Thanks for explanation...

#6 03-21-2008, 06:17 PM
aiki14 Member Join Date: Jan 2008 Location: Philly Burbs, PA Posts: 82	I don't use the ticks for charting but I do notice they are fibonaci numbers, and that is a data set used by some traders. Perhaps in retracement systems the 144 and 233 tick periods are of some value. __________________ I read somewhere that 77 per cent of all the mentally ill live in poverty. Actually, I'm more intrigued by the 23 per cent who are apparently doing quite well for themselves. --Jerry Garcia The idea is to try to give all the information to help others to judge the value of your contribution; not just the information that leads to judgment in one particular direction or another. --Richard P. Feynman

#7 03-28-2008, 05:29 PM
Luvnrio Member Join Date: Dec 2007 Location: Rio de Janeiro Posts: 93	If you are still interested in learning about tick trading, here is a guy who only tick trades. I myself found some of his knowledge to be quite useful. Let me know what you think, good or bad... http://www.topdogtrading.com/ RiO __________________ "Lead, follow, or get out of the way." Thomas Paine "Insanity is doing the same thing over and over again and expecting different results." Albert Einstein

#8 03-28-2008, 06:14 PM
Darior Junior Member Join Date: Mar 2008 Posts: 11	Ok, thanks...