Search results

  1. J

    Beginner here, need some advice

    A potentially successful trader stats with smallest capital possible. in stocks a round lot is good in commodities a contract is good william J O'Niell is your best contemporary example. See around page 172 of his book entitled: "24 Ways.......". he spent 27 months and then took all...
  2. J

    dojis, a hypothesis

    more scientifically stated and dealing with market utility, a doji level on a slower fractal is a sentiment indicator on all faster fractals. Please do not confuse TF with fractal. I use this concept on all turns to indicate : 1. the type of trend (one of four exclusive types), 2...
  3. J

    Anyone here ever been to Normandy?

    Normandy is a breathtaking place for several reasons. The magnitude of energy expended is beyond believe. Fields above cliffs are overed with wild flowers and red poppies are prevalent. As I walked the beaches, I looked at cliffs and did take one souvenier. A blue green anodixed piece...
  4. J

    Rookie question

    Because you are a student, you have not been taught to reason, probably. When tis occurs you will get into critical thinking. In the financial industry, some corporations write white papers. These are distributed to others. Usually if a recipiet acts on the information a fee is paid the...
  5. J

    2 k futures account - $500 a week possible?

    This is a nice post that applies to any biased trader. At some point, a trader can advance to a level where he sees the way to have an advantage under these circumstances. I hired an exemployee of the hunt bros. I needed a geologist who worked in CAlif and on the range we were staking...
  6. J

    I need to double, better triple my $20,000 quickly

    vegas not longer tolerates scientific card players. the sequence goes like this: you play 21 at a full table. you counts cards (use 5's theory as an easy beginner type player.) listen for the "cricket". this means you are known and the floor observer has told the dealer. the...
  7. J

    I need to double, better triple my $20,000 quickly

    The optimum learning process is a local one with a local team. The best network of people around the world is IBD MeetUp. Most all these local groups use CANSLIM for stocks and,further, they often have a couple of members who use SCT and/or SSR. One of the best situations are groups that...
  8. J

    I need to double, better triple my $20,000 quickly

    To the OP: Take a known working method and run the calculations on meeting your goal. Or join with a team who is using a known working method and participate with them by trading along side them for a while. Trippling 20,000 quickly is possible. You only have three months before you go...
  9. J

    Day Trader Demographics

    you are in for a big surprise. the demographics change remarkably when crossed with performance and skill.
  10. J

    Could profitable trading cease to exist?

    You have every right to have the concerns you do. Also consider switching to a better broker. Only imcomplete methods work on and off. Complete methods work all the time. One major principle in actual trading is the consideration of price change. Price change is required for making...
  11. J

    2 k futures account - $500 a week possible?

    Not quite every bar. The trading is done to take dominant moves and retraces on significant trends. All reversals are taken cos a reversal is a dominant to dominant type turn. the OP does not trade every day because of his absence or because he is still using a slower trading fractal...
  12. J

    2 k futures account - $500 a week possible?

    To the PO: I have read each of the posts in this thread. My views on learning to trade and just how the system of operation of the markets works have not met with much acceptance nor approval. You were correct to begin by trading stocks. The advent of the tech sectors of stocks really...
  13. J

    Question about Margin

    The costs of trading are negligible. Focus on making money with money. IB can't make money, so they charge you a pittance for the use of their right to let you have margin.
  14. J

    The holy grail has been found

    Lets say you have capital. Lets say you recognize the commodity value of capital. Lets say you decide to invest time in making use of the capital as a commodity for making money with money. Now, feed into your plan the value of doing financial searches. The value of a search is how...
  15. J

    SCTlearning from scratch

    just to lengthen this reply.
  16. J

    SCTlearning from scratch

    Thanks for the input to straighten me out. I have tried to do the actual trades (prints) as an informative guesture. I will make an effort to "shape up" mentally. My personal view is that the "book" does represent what is being done in a precise and exact context of the contemporary...
  17. J

    SCTlearning from scratch

    the rule in laterals is to hone in on the sub fractal during the non measurable (not statisitcally significant period) time of the market. The goal is to be able to know you know market sentiment on any observable level. Usually during such times, it is notible that the market is not making a...
  18. J

    SCTlearning from scratch

    Google Pekelo and Drownpruf. Let me know if you agree with their mistaken views of my "prints". also google the 31 stock trades to exit on 100,000 shares for an average of 17 points profit. Google Gary Smith, since at the time we were sharing "best single holds". Also help me out by...
  19. J

    SCTlearning from scratch

    Just a brief interjection on how extracting capital out of Wall Street to put it to work on solving problems. I recommend that amateurs solve local problems. 12May 14 of bloomberg/BW contains an article worth reading. Amateurs waste their time scaling up into teams if the team doesn't haave...
Back
Top