Search results

Busch Series Carl Edwards chooses to celebrate his win at Bristol. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1410373>

You don't have to suppose anything, you can go to that day in time, draw in some channels, and 'see' for yourself what happened just prior to those events. Of course, the same black swan events would have no effect on other trading systems right? Traders always have their stop orders filled at...

At one time, "Everyone knows the world is flat" sounded pretty reasonable, but times changed. "Everyone knows the earth revolves around the sun." used to be the scientific consensus of the day. Perhaps, what you know to be true now might also change in the future. After all, "Everyone knows...

Ok good. Then we can agree, and if we can agree, then we have a place where we can start. "Everyone knows that it is impossible to have a system which generates zero losses." Why does everyone know this? What proof exists suggesting "a zero loss system" cannot exist? Can it exist 'in...

Your dissertation begins with a false premise. Plenty of strategies exist which have less than a 50% win rate, yet the 'system' produces profitable results - even after commissions and fees. In addition, plenty of strategies exist which have super high win rates, but they fail to produce...

And it is this statement, where everyone seems to get their panties in a bunch because everyone knows such a thing cannot be possible, right? - Spydertrader

Then why have you not stepped forward and admonished those who introduced the 24% loss (which specifically resulted from trading equities ) that the thread pertains exclusively to SCT? You claimed that 'The Hershey' Group holds responsibility for sending these discussions off toward equities. In...

Except the 'Hershey Group' didn't change this discussion. You'll note the discussion regarding the 24% loss had to do with equities. Now, who brought that to the discussion? Jack? The "Hershey Group?"or someone who attempted to make Jack look foolish? Nothing like ignoring facts placed right...

Busch Series Steve Wallace starts on the pole for the Busch Series Race at Bristol Today. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1410136>

Busch Series Today's Busch Series Race <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1410057>

Except, an FTT is not some manipulation of price (indicator). It is Price itself. If these really smart (and wealthy) traders manipulate the market thus that an FTT doesn't occur at the point at which it would normally occur, then another signal for change must occur someplace else. The market...

I mean no disrespect when I say this, but seriously, you have expended a huge amount of effort looking for 'the chink in the armor' which, evidently, you feel must exist. Now, I certainly don't want to give anyone the impression that I intend with this post to tell you what to do, but if you...

No. I am not Jack Hershey. Jack spends his days in Arizona. I live in Ohio. I've been a NASCAR fan since 1995 when I attended my First Race. The Race bug first bit me at Michigan International Speedway in June of that year, but I became a full blown convert by the August Bristol Race. I've...

If one attempts to go from Point One (FTT) to a Point Two (of a Point Three Formation) then one could either: 1. Exit on the break of the tape and wait to re-enter on Point Three. 2. Reverse at the FTT of the 'tape' and short the stock down to Point Three. 3. Hold through the retrace...

You'll have to pardon my delay in posting a response. I am in the middle of the Green Hour at present (yes, that Green Hour). But, I digress ... Surely Sir Hypostomus, you caught the beginning of the Journal, where you posted so many 'clarification' questions, we can hardly believe you...

Last week, I pulled up a chart of NQ - just to see why you always kicked up so much dirt. I have no idea why you say FTT's do not work on NQ. Perhaps, you could elaborate. - Spydertrader

Cup Series Jeff Gordon captures the pole at Bristol. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1409460>

Failure to Traverse or FTT (pronounced the same as the letters in the American Alphabet) represents a change in market sentiment. While the FTT does provide a signal for change, it is by no means the only signal for change. However, I do recommend all beginner traders learn this basic market...

With our Final Update of IAAC (seventh day), we see Price Break the Up Tape on our 30 minute chart (Red Circle). Also, note the Stochastics beginning to turn down on the daily chart. Seeing the Stochastics begin to 'roll over' at EOD, indicates a 'confirmation' of sorts that we made the correct...

03-23-2007 YM Chart - Spydertrader