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  1. J

    Is day trading worth it?

    Could you help me out a bit?? Last Friday was 28TH. As day goes by on ES e-min trades are done. To do trades, the signals are "anticipated." This means the trading platform is prepared for a trade by clicking the trade and then "waiting" to confirm it when it is "locked in" as a...
  2. J

    SCTlearning from scratch

    Let me take you thru a day's trading. You do carry over on prior day after close. you go from general to specific on the lines of page 5 of the log. A day starts just as it left off. Over nite trading is not included The open is degapped to the prior close. dD this by restting the...
  3. J

    SCTlearning from scratch

    Let me take you thru one bar of trading. MADA is done a few times over the 300 seconds. The mind brings to the surface the context automatically. sensing happens and the mind brings the small part of LTM to bear. before lock in, all you see is the "permission' being given or not. Half...
  4. J

    SCTlearning from scratch

    Group I USE finite math to make go/nogo decisions. Group II Price cases give permission to do the volume test procedure. Group III Volume is where a trend ends and middle are measured using a single consistent test procedure. All possible answers are on sheets band by band where the...
  5. J

    SCTlearning from scratch

    Making money. Lets use 993's post 86 to examine the daily life in trading. It shows price change nets a profit everyday. By knowing when and how turns occur, the trader anticipates each turn. turns link trends to gether. The money making is a slalom of longs and shorts profit segemtns...
  6. J

    SCTlearning from scratch

    since I waited to post to make a point let me cover two bases in this post: orders of magnitude and problem solving. The prior post was the third odrer of magnitude post. the series is 1, 10 100 and 1000. Each order is of equal import. post 1 was equal to posts 2 thru 10 and was equal to...
  7. J

    SCTlearning from scratch

    this is the second post of the thread Lets merge all the work everyone is doing. For convenience I will post this as if a person just strumbled into the thread and wants to catchup fast. Post # 1 scopes and bounds our efforts. We are going to be making money by using a simple system...
  8. J

    SCTlearning from scratch

    thank you for making a sound beginning Ir is super to know you are not plagued by myths and their consequences. this kind of quick brush stroke gives tangible points on a spectrum.
  9. J

    Frequency of Re-optimization

    My point of view is backed by prints. I will post five consecutive days of trading. there you will see trades called by beginners. I push the buttons on the related MAT type account on a platform. you can see how compounding works by doing the calculations on the days. if noting else...
  10. J

    The best traders in ET

    neither you or Gloria are able to buid your minds to take anysifnifcant traders to make money during RTH. to build the mind takes WORK. as seen in ET, ACRUARY WORKED FOR YEARS ON THE WRONG APPROACH. aT THE END OF HIS ACTIVITY HERE HE EXPLAINED HOW HE DISCOVERED TO START ALL OVER AND work...
  11. J

    SCTlearning from scratch

    good job on doing the MADA on the price bars. rduing all internals to sigle bars in a sequence is good practice for building the mind. Also you may wish to assign the dollars of margin required to hold a contract. I use it as a denominator of a ratio to see the impact of the net for...
  12. J

    SCTlearning from scratch

    Lets return to drill 5 and its sub tasks. Thanks to River for correcting my in acuurate statements that tie dominace and market direction together. It is difficult to have any original thoughts as most people find out. We have determined that the granularity of the markets is a huge...
  13. J

    SCTlearning from scratch

    For Drill 8 you will be writing a contract between you and the market. It is a partnership agreement. It will contain several parts and the sub parts of drill 8 call these out. Drill 8 -1 The boiler plate scope and bounds and who is in the partnership. Drill 8 - 2 Duties of the Market...
  14. J

    SCTlearning from scratch

    The next few drills will deal with both the system of operation of markets and the tradr's routine From post 1 you see that a routine is required for doing trades on a trading platform. Drill 6 Drill 6 is to define for yourself the four elements of How time is spent during Regular Trading...
  15. J

    SCTlearning from scratch

    River is correct See below.
  16. J

    SCTlearning from scratch

    Hi everyone; I have read all of your posts. So I will comment to each of you and then I will select various work products and express the consensus the group has gained. Drill 1 through 4 are in the bag for most. There is still a little mystery about the three legs of a bar. Do...
  17. J

    SCTlearning from scratch

    Have him explain Dragon to you.
  18. J

    SCTlearning from scratch

    WOW I am impressed I am so glad you are doing all these things to build your Long term Memory. As you watch in real time you will notice how your feelings change. Soon there will be no point in not being in the market all day long .
  19. J

    SCTlearning from scratch

    BEIGE IS BEIGE We are learning here. Bar-by-bar trading is a very profitable appraoch. It takes so little knowledge. As is seen on ET, most potential traders never get a leg up in making money trends have two ends and a middle. a series of bars form the middle. All middles...
  20. J

    SCTlearning from scratch

    hers is a list of parts of drill 5 Drill 5-i List the four parts of volume you will merge with price to depict the the combination of variable as a universal consistent sigle market system of operation. Drill 5-2 List the parts of all trends in the simplest terms. 3 or 4 are needed...
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