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  1. J

    If you want to fail as a trader, study TA

    You make a good point about your position on a new potential trader. The challenge a person faces to think about even the simplest things is insurmountable to most. Bar 81 was black and ended a price move. The challenge was to recognize that the top of that bar was significant. This is...
  2. J

    how traders maintain edge?

    Try this: Lets say a person is truly ignorant. This just means he is new to a subject. Let him trade in the direction of an RTL (two bars determine an observable RTL) and reverse on each FTT. An FTT is a Failure To Traverse. He bookmarks the FTT's. If price crosses the bookmark, he...
  3. J

    If you want to fail as a trader, study TA

    Lets say a person is truly ignorant. This just means he is new to a subject. Let him trade in the direction of an RTL (two bars determine an observable RTL) and reverse on each FTT. An FTT is a Failure To Traverse. He bookmarks the FTT's. If price crosses the bookmark, he reverses...
  4. J

    It's all about the patterns. . .

    Since a hurricane is potentially going to be in the gulf, I thought I would move the oil spill solution forward so someone can pass it along to the powers that be. Where is Art Deco when you need him?? No one seems to understand that pressure at the wellhead was the problem until the...
  5. J

    It's all about the patterns. . .

    Go here for a lot of stuff. thanks Ezzy. http://www.elitetrader.com/vb/showthread.php?s=&threadid=113310&perpage=6&pagenumber=2110
  6. J

    It's all about the patterns. . .

    You asked a while back about the first and second chance. That time zone is what your post puts on the table in this post of yours. By reviewing the compound interest formula, you get to determine the importance of the three variables in he formula. Capital is least important, profit per...
  7. J

    It's all about the patterns. . .

    Here is the pattern shown in terms of a stock cycle, the short pattern, and the long pattern. The peaks and troughs of the volume lead the moves of the price. If you Use the Excel and sort by date and then rank, for any day coming up you can check each stock to watch it end its short...
  8. J

    It's all about the patterns. . .

    Rank means the % per day during the "long" half cycle hold. Duration is the length of he dold in days. Frequency is the number of days between each first day of a hold. All stocks come from sorts using a quality Assurance criteria. I it found in the PVT journal that as conducted a few...
  9. J

    It's all about the patterns. . .

    Most traders use a trading jargon. You use "time frame" because of your orientation to using a given platform which probably asks you to click on specific terms in a list. For you they have specific dimensions. I am simply introducing you to how patterns relate to each other in a nested...
  10. J

    how traders maintain edge?

    Sorry you didn't catch on; not everyone does. Thanks for your posts; they make a good example. Qcharts invented a real time ratio for use on their lists functions and for sorting their lists. They named the ratio "Unusual Volume". Read "Putting the Pieces Together"; then you will see...
  11. J

    This crisis means the end of bullsh*t college and university degrees?

    consider two things: A. any life style total average daily requirements. B. Net proceeds from an average full day of trading. B always exceeds A. Therefore, trading full time for an expert trader is not one of the trader's requirements. What takes up the remainder of time of...
  12. J

    This crisis means the end of bullsh*t college and university degrees?

    Work isn't required. Family income is what is required. Since 1957, when I began to trade, I learned that my work income was less than my commissions for building wealth using capital to make money. An uncle on my wife's side was a prominant banker and we all palyed golf in a family...
  13. J

    Trendfollowers: When oh when are we going to start making some $$$?

    I DO have a sense of humor. It has always been a requirement. I suppose anyone can call me lucky. It IS amazing to have flashbacks of all those times when things going the other way would have terminated me right then and there. Today I only had four places treated by freezing off...
  14. J

    This crisis means the end of bullsh*t college and university degrees?

    I provide for a lot of people.
  15. J

    RBT - Reverse Brain Technology

    Attached is the current Universe for trading using the "Unusual Volume" one pager Enjoy.
  16. J

    Trendfollowers: When oh when are we going to start making some $$$?

    Use the "Unusual Volume" one pager to trade the listed stocks. Caution: The rules have not been backtested by Trader666 he says. Worden Bros find the rules yield a Sharpe Ratio over 60 when Blox is used to drag and drop the logic to get the rules automated. the tests performed by Worden...
  17. J

    Trendfollowers: When oh when are we going to start making some $$$?

    Here is the current stock Universe.
  18. J

    how traders maintain edge?

    Most people fill in a hot list for their trading. Some do it as a "batting order" for each week. You have explained your reasons for all the things you fear to do. That is something any person can do and keep in mind. You base your views of other people on your personal orientation...
  19. J

    how traders maintain edge?

    Attached is an old Universe dated 6-21-10..... It works with the one pager entitled "Unusual Volume...." This Excel sheet is arranged alphbetically so those who fill in the rows as stocks are added can insert the new row according to its place in the Alphabet. Users sort the Excel by...
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