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OwossoBorn

12/21/04 7:54 PM

#46976 RE: BigTips #46973

BigT a question about Qbid charts so far...

I found out a neighbor of mine is into DayTrading pretty heavily and he's recommending a couple books so I can understand Elliot curves, candlesticks etc... I asked him about qbid and he said that any past performance is probably so coerced by MM's that reading the chart is not as reliable as a company that isn't a pink sheet. It sort of makes sense to me, but I'm very new to all this. How can you be sure of the charts (uptrends/downtrends etc.) when it could all be manipulated data by MM's instead of true market trends?