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  1. J

    How do you know you have an edge

    I make no connection between your two sentences. I deem probability as unnecessary for any trading approach that is a reasoned trading approach. This deeming, to use your words, was a consequence of a process of deductive reasoning in a critical thinking context where science was used...
  2. J

    Why the "rubber meets the road" Hershey thread?

    My original comment was on page 94 where I differentiated between probabilitistici info theory (Derman, Bass, and Covel) and using Carnap and Keynes (non probalistic). To respond to the comments on illustration 15, I mentioned, further, the dilleniation of the two thinking approaches by...
  3. J

    Keeping Records

    Here is how to "see" it. You have three fractals defined by their nesting. Trade anyone you wish. It is common to trade the middle one. By looking at the third move of the fastest fractal, after point 3 (of the trading fractal) you "See" the VE and "know that you know", when in the...
  4. J

    How do you know you have an edge

    You have an edge when your trading approach doesn't use probability. That is, you have recognized probability is not a requirement in trading. Another symptom is not using entry/exit approach. The alternative is hold/reverse.
  5. J

    Getting down and dirty is where the rubber meets the road ...

    Lets not construe this as an interview since it begins in such a narrow realm. I feel it is very understandable for most potential traders and for employees of the financial industry to not be able to evaluate anything I say in a reasonable manner. That is why I mentioned how topics for...
  6. J

    Getting down and dirty is where the rubber meets the road ...

    You quoted me where I made comments on this illustration; it was a later illustration of the series of 20 I made that day. The first bars in this illustration I had mentioned bar by bar going from bar 6 to bar 12. This was a trend pattern called B2B 2R 2B. Bar 6 and 12 are FTT's that...
  7. J

    Today I Put Jack on "Ignore"

    Its love bug season in AZ. They are black bugs with red side stripes. They leave condoms all over the place at night. Used condoms. Most people are afraid to watch porno on their computuers in AZ. The pressure on my pool filter goes higher than the BP spill after a squadron of love...
  8. J

    Today I Put Jack on "Ignore"

    I wanted to tell you about that but I got a notice that it was too soon after my last post.
  9. J

    Today I Put Jack on "Ignore"

    I have to say one of the most fun experiences in my life was getting a series of Q's from the IRS, one of which involved Hypostomus. One question had a 148 page attachment from ET. The title was: "Anti Jack Trading" Can you imagine how a government employee spent a year composing...
  10. J

    Today I Put Jack on "Ignore"

    Hi flufff fl u ff fl u f f bye
  11. J

    Anything wrong with trading alongside a job?

    You bring up some super points. 1 trade has a maximum number of times the daily range. 2 trades has a different maximum of the daily range. 3 trades is not going to make 3 x the daily range for several reasons. what is the maximum 3 trades can make with regar to the daily range. There...
  12. J

    why people bad mouth mean reversion strategies?

    You did a good job ID'ing some of the flaws in retief's approaches. Covering flaws with money management tends to keep a person moving away from optimization instead of gaining effectivenss and efficiency. Too bad. Big D has the same troubles as retief from what he says. That trip from a...
  13. J

    Anything wrong with trading alongside a job?

    Position trading stocks is a good way to begin when you become employed of if you are still in high school or college. In the '50's, when information was minimal, it took up to 30 minutes a day in the evening to get prepared. A daily phone call just after the RTH open, sufficed. Making...
  14. J

    What was your first computer

    Reeves Analog and GE differential analyzer. Early '50's Late '50's IBM 700 series.
  15. J

    Opening Range Breakout , Crabel method

    There is always continuity from one day to the next. If you wish, look at the opens for this week on the thread "....where the rubber meets the road...." Glance at the first trade for each day by reading the early posts or by reading the "carryover" comments at the end of a day which...
  16. J

    why people bad mouth mean reversion strategies?

    Nice thread. Three things have been put on the table: trends, retraces and reversals. As we review their definitions, differentiating between each becomes the signal generator for the timing to make money all the time each is in play. The best aspect of this differentiation is that each...
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