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Not knowing what you want is the third tragedy. So what do you want now? You could while away the hours in between trades critiquing SCT. We all might learn something in the process.

This quote sums up a lot of the problems people demonstrate on ET - an unwillingness to do the work required to improve: "Students for whom performance is paramount want to look smart even if it means not learning a thing in the process. For them, each task is a challenge to their self-image...

What I notice as I keep real time logs is that I sometimes write in the next row something like "want to see X" or "confirm peak volume" and then if it does turn out that way I write "YES!". My logs are getting to be full of these "YES!" entries and I'm contemplating switching over to only...

Nikkei Gaussians Another example of Gaussians telling you what is going on. Note the Swiss ball that formed underneath to support the price action.* The first FTT circled on the long in the steep channel was inevitable and you learn to be patient - the prior bars all showed...

When you said you were in the red, I thought you meant you were in the red. My mistake. As to the Forest resolution rules - often the new channel's pt3 occurs within the previous dominant channel - so what do you do then - wait for the BO of the TL and x2x? This is usually way after the...

STOP right there! If you enter/reverse very close to a point 1 or point 3 why are you in the red (for more than half a bar)? Remember Spyder strongly recommended to us to delay SIMing until we could identify the Forest FTTs while blindfolded with our arms tied behind our backs. If you...

Hi how do you calculate the second R? thanks

Mak that was so good I quote it in full. We make decisions in the NOW which lead to profitable actions. Some say this is prediction - well indeed profits may be anticipated but the decisions are based on what has just happened and is happening to our vectors within the 5 minutes of NOW...

You're most welcome Artless. (Did you see what I did there?)

No. News desks will have both scenarios prepared in advance. Reasons help sell advertising, that's all. So the viewer ultimately pays to hear reasons that make them think someone knows what is going on so they are more likely to be in a receptive state to be influenced by the adverts...

Yes it is unbelievable and worth checking out in real time. Spyder's futures thread was not the place to discuss the "Why?" of this phenomena but this was my attempt at rationalising it: What do you think?

Yes. I have noticed some correlation between my approach to the morning traffic flow and my trading that day. When you know your reactions are a bit slow or you are impatient or easily enraged it pays not to switch lanes too often, if at all. You are always trading your road position but often...

wanker. :p

How predictable.

LOL! That was a funny scene. "The thing is, Bob, it's not that I'm lazy, it's that I just don't care. " To the OP: build some more equity first. Treat your savings each month as return on equity (ROE) - when you think you can make more in the markets than from your salary then you can...

Hi I'm curious as the motivation for this self-imposed public challenge. The target seems arbitrary and even unambitious (why cap?). If achieved, will it be repeatable? The time period of 12 months may not coincide with your equity curve so you may be inclined to force trades at...

<sigh> No I am doing. Falling down sometimes as I catch an edge, getting up and learning from my mistakes. I'm having fun too. How about you?

You actually only need to determine if the market is doing continuation or change now. It is sufficient (in futures) to establish what is happening in the now of a 5 minute bar within the larger context. I detect some frustration and hostility in your post.

Most forums go through a fairly predictable life-cycle and nostalgia plays a part in making the old-hands think it is getting worse some how. ET is still of enormous value to me. I was late to the party so never new ET before about 18 months ago. I've read some of the older threads and many...

I think of your "right trend line" as a projected memory. When price, now, bumps up against this collective market memory you sit up and take notice, now. You do not say with any certainty what will happen next but when it does go one way or the other, now, you do what the market tells you...