Using the "LOG" button
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     spider
Member
Username: spider
Post Number: 385
Registered: 10-2002Rating: N/A
Votes: 0
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| | Saturday, March 01, 2003 - 01:24 pm: |  
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I've seen at least one post enquiring about the use of the 'LOG' button.
When I first started trading I was fixated on dollars gained and lost. It doen't take long to realize that it is about percentages more than dollars.
Setting your charts to show a 'LOG" scale means that the screen will show moves in terms of percentages.
For example a share that moves from 100 cents to 90 cents has moved 10%. A share that has moved from 10 cents to 9 cents has also moved 10%, but this move will look quite different on a chart where the share has dropped from a high of 100 cents to a low of 9 cents. The bottom move will look insignificant, but it has the same impact on your trading pool as the top move has.
If you are a very 'visual person' as I am, and you rely on what you see, as I do, the 'LOG' view will come in handy.
I have posted an example of what I mean, just below.
spider.
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spider
Member
Username: spider
Post Number: 386
Registered: 10-2002Rating: 
Votes: 1
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| | Saturday, March 01, 2003 - 01:34 pm: |
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