tag:blogger.com,1999:blog-20374666.post2065588273475744176..comments2024-03-05T07:50:04.017-05:00Comments on Stockbee: Float and IBD's Top Supply/ Demand CompaniesPradeep Bondehttp://www.blogger.com/profile/16750002566366368685noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-20374666.post-28165361311564491302007-02-15T14:45:00.000-05:002007-02-15T14:45:00.000-05:00What explains the relative performance of differen...What explains the relative performance of different groups of traders? That is a simple question, Pradeep, with a simple answer.<BR/><BR/>Some traders let their emotions rule their decisions, and thus they will always under-perform. They need therapy, AA, counseling, or some other process to learn to separate their emotions from their actions. There's an entire field of behavioral finance devoted to these issues, we have to remember that not everyone thinks analytically and it may be that some people aren't capable of analytical thought. If this one fact were not true, I suspect that many of the anomalies that work would actually stop working.<BR/><BR/>Some traders do not have the knowledge of what does actually work. That's a shame, but it is their fault, since the information is freely available.<BR/><BR/>Some traders have false knowledge, i.e., they believe something works when it doesn't, so like a voodoo shaman reading bones, they make GDP projections and examine housing starts statistics, and think that they will gain true market insight as a result. Again, this is their fault. There are too many ways of verifying what does (doesn't) work and too much free information out there for them to be stuck with ill-conceived paradigms.nodoodahshttps://www.blogger.com/profile/05324705536306995431noreply@blogger.comtag:blogger.com,1999:blog-20374666.post-13265521980988244832007-02-15T13:51:00.000-05:002007-02-15T13:51:00.000-05:00Clarification:The point about the IBD demand suppl...Clarification:<BR/>The point about the IBD demand supply list is very different from the absolute float thing. The two points got confused in the post. The IBD demand Supply has nothing to do with absolute float, even a high float company can be on the list as long as its current ratio of trading volume /float is high. <BR/>The ratio is more as the name indicates a demand supply indicator.Pradeep Bondehttps://www.blogger.com/profile/16750002566366368685noreply@blogger.comtag:blogger.com,1999:blog-20374666.post-82912010239381189112007-02-15T13:16:00.000-05:002007-02-15T13:16:00.000-05:00All major edges or anomalies are known or in publi...All major edges or anomalies are known or in public domain. So what explains the underperformance of many or superior performance of many. There are things in addition to anomalies which help one milk an edge or anomaly better.Pradeep Bondehttps://www.blogger.com/profile/16750002566366368685noreply@blogger.comtag:blogger.com,1999:blog-20374666.post-72454404546489746632007-02-15T11:52:00.000-05:002007-02-15T11:52:00.000-05:00Float size is just leverage. You still need a cat...Float size is just leverage. You still need a catalyst or an anomaly to create an edge. Trading small floats without an edge will just hasten bankruptcy.nodoodahshttps://www.blogger.com/profile/05324705536306995431noreply@blogger.com