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I don't think any of those forementioned leaders of tapereading would be doing the same thing they did when all they had to watch was numbers rolling across the tape. |
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I think you are wrong on that one. In fact I know quite a number of traders who trade using only time and sales, no charts.
Also do you think floor traders are looking at charts when they trade?
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Thus the object of the book is not to give a history lesson or teach one to use only technology available decades or centuries ago. Graifer's methods are consistent with his definition and with what he promises on the book cover. |
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This doesn't change the fact that the book cover and title are misleading.
In fact if you look at the book cover, what do you see? You see a picture of a ticker tape machine with tape pouring out of it.
I was thus expecting that the book would be discussing how to read time and sales data in real time. There is in fact not a single discussion of time and sales.