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    Spydertrader's Jack Hershey Futures Trading Journal

    Yes it was a wise decision. I think I am reading volume a lot better now (I thought I had it down before but clearly I still have more work to do in real time). There is just no missing the context for me any more. My Nikkei experience one day this week forced me to really look at the...
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    Why do financial forums attract such a high rate of ego hungry individuals?

    Love it! Wherever you go, there you are.
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    Spydertrader's Jack Hershey Futures Trading Journal

    I believe channels are projected memories. We know with certainty we will have a memory of something that is happening now. (Unless you succumb to Alzheimer's.)
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    Spydertrader's Jack Hershey Futures Trading Journal

    chuckle :D The Nikkei just did a "stall turn". A variant on the FTT, retrace, reverse sequence, more like DU->FRV. Yesterday I misidentified several FTTs on the Nikkei and tried shorts as it kept chugging upwards. Seems obvious in hindsight (was also last day of March contract so maybe I...
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    Advice you wish you had gotten in your early 20s

    Someone told me its not how good you are that matters but how good other people think you are. It's true, but actually turns out to be what I hated about corporate life. He's a recent partner at Goldmans now, FWIW, while I type pointless messages on internet forums. :D
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    Spydertrader's Jack Hershey Futures Trading Journal

    I apologise for my pompous outburst. I don't know what came over me. It is not my position to issue rebukes to anyone, however mild. I'm also struggling a bit today: coincidence - I think not. :)
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi optioncoach approaching this method without a clear mind (say from a cold or something) is not recommended and you will not do the material justice. A lot of people have given freely to educate here and it deserves more than a cursory glance from your bed. I'm sure you did not mean to be...
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    Extraordinary Popular Delusions & the Madness of ET

    You're right, it's a crock. I can't believe I wasted a month of my life on it.
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    Can you trade just on feel

    Soros would get in ASAP and then post-justify the position - speed was the essence. A pain in his back would tell him to get out or reverse. I don't know him personally, I might add.
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    Predicting is ***Unavoidable***

    I'd say he KNOWs repetition of his MADA routine DOES generate profits. Subtly and importantly different. (Most people don't really know what know means.) He's not the only one who bangs on about NOW being all there is. Check out Ed Seykota (I'm sure I don't have to tell you). He's not to...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Today's Nikkei. The 08:35 bar could have been tricky (FTT -> FBO) but I'm learning to wait just a little longer to see confirmation of change - no rush with moves like these. Point 3 occurred roughly where I thought it might (again I was a little early and waiting would have been fine there...
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    Predicting is ***Unavoidable***

    Hi Kiwi I think it is actually more subtle than that. When Jack says he does not predict he really means he does not predict. He doesn't need to. All he needs to assess is if the vectors, now, show continuation or change. Of course after years of experience he may have more than an...
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    BE DO HAVE and Jack Hershey vs Objective Reality

    Yes. That is where the anger comes from. And I really don't mind writing about skiing while I am "stuck" in Singapore! Nikkei's moving, gotta go.
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    BE DO HAVE and Jack Hershey vs Objective Reality

    What do you guys want? You ask for "proof". An advanced trader using this method gives you some numbers. Numbers that it any rational context would be considered pretty damned good. He is trading meaningful size as an individual with confidence. Yet you still are stuck: stuck on 3x HL...
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    BE DO HAVE and Jack Hershey vs Objective Reality

    There's no reason to feel ashamed of your academic achievements, orang. Anyone who can draw straight lines and do what the market tells them can make a shed-load of money. They just have to get out of their own way. It is freakin' hilarious how many cannot but then the majority must be...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Following a HVS open, there was a nice FTT at 10am on DAX (note carryover TL also): <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1383775>
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    BE DO HAVE and Jack Hershey vs Objective Reality

    You may have noticed that the derision is not universal. Why is that do you think? Come on, I know you're not stupid. Fearful and angry about something, maybe. Meanwhile I sit here watching price fill channels I drew ahead of time. Its relaxing.
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    Spydertrader's Jack Hershey Futures Trading Journal

    Today's Nikkei. Beautiful. I need to get more red tones for my trendlines. Just for fun I practiced a "You're going to do WHAT?!" long trade and washed 10 mins later - I was never upside-down (best was +40) and did use a stop to exit which was prudent given the day's context (orange...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Your performance was a fluke and is not repeatable or doable with a live account. How could it be, right? :D I'll post my NK chart in a little while. Then we just need to persuade nzbryant to post his HSI chart occasionally and we're set for global domination. Welcome to the dark...
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    Extraordinary Popular Delusions & the Madness of ET

    Thanks for the kind offer, really, but I don't think you can afford me. Oh, and its incorrect.
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