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  1. J

    Charting --- who uses what?

    Thanks again Jack for two more generous contributions. I know it takes effort to snapshot a screen, put it into Paint, draw lines and comments, and then put it up on the web. I do relate to the belief thing...the importance of it. It does help that you are willing to repeat some...
  2. J

    Charting --- who uses what?

    Hi Jack, I am emphasizing some of your info on DOM, 2 pair and spikes, as part of drilling down on that concept. I have semi-edited the info for emphasis and perhaps (maybe not) readability. Placing these two quotes side by side like this makes it jump out at me, and hopefully others...
  3. J

    Charting --- who uses what?

    Hi Jack, Ok. The futures line does indeed appear to lead the cash bars. I understand that you do some quick math on a quote sheet but lean toward watching the screen, calibrating by eye the spread /direction of cash NOW as compared to BEFORE (previous bar(s)). It is subtle, to the...
  4. J

    Charting --- who uses what?

    snip... snip... Thanks Jack, I appreciate this synopsis of the first 45 minutes of friday as you show how your various methods synthesize together. I will begin evaluating it point by point as I can digest it. I understand the INDU/YM concept. It reminds me of Larry...
  5. J

    Charting --- who uses what?

    Hi Cheese, I like the live chart at quote.com too. Sounds like you have a simple plan. I am reminded of Nicholas Darvas. Are you familiar with his work? How would you compare your approach to his? What do you like about your approach? How did you come up with the idea? In...
  6. J

    Charting --- who uses what?

    Hi Jack, What does PRV (5 min) and volume ranges to determine market paces mean? What is an example of a first and second derivative? How does the "smart money" indicate an end of a traverse? Can you expand on the 2 pair and spiking sequences technique? Thanks...
  7. J

    Charting --- who uses what?

    Hi damir00, How long have you been automated, and why did you decide to do it? JohnnyK
  8. J

    Day Trading Methods

    Maybe someone could sell a "Jack Translated and Simplified" type booklet for $19.95. Got any good titles for such a book? I am setting my sights on a simple method that works that I can implement. Once the money starts to flow, this is the time I might look at more complexity in order to...
  9. J

    Day Trading Methods

    I understand coin flipping probably better, since I've run numerous tests. Then again, I haven't exausted every possibility. Can't say I understand the nitty gritty details of all of Jack's methods. I understand only some details on less than half the methods. I just know the terms mainly...
  10. J

    Day Trading Methods

    I've never been able to "money manage" a coin flip into anything better than an upwardly trending equity curve, with (and heres the catch) some wicked, gut-wrenching, deep-pocket-digging, edge-of-the-abyss drawdowns. But give me a guaranteed heads (or tails) every 50 to 100 flips, and I...
  11. J

    Day Trading Methods

    Ok, second translation attempt: ----------------- Musts: a.) Channel and traverse trendlines = Watch always the trendlines of both the greater channel, as well as the traverses within the channel. Any/every method. b.) Volume = Watch always the Price/Volume relationship. Any/every...
  12. J

    Day Trading Methods

    Hi jonnyy40, I'm going to take a stab at translating this for you...and me. --------------------------------- Simple methods: 1.) Fast Trends: 4 trades/trends per day, 3 points per trend = 12 points daily = $600. Semi-discretionary. Sit at your monitor. 2.) Mechanical...
  13. J

    Gekko, can you prove...

    Quote from ARogueTrader: Italics Quote from JohnnyK: Straight font Hi ART, It seems then that you are not your typical believer. Most believers have a model of a diety who/which is intolerant. Tolerance is not a typical trait of people who's model of an intolerant god/God is set in...
  14. J

    Gekko, can you prove...

    Hi ART, I selected the two sentences in your last post that seemed to sum up where you come from. I read your whole post and really tried to understand what you are saying. Just a tip BTW: We learned in marketing that if you use short sentences, people catch on quicker...and you can sell...
  15. J

    Gekko, can you prove...

    The assumption that time is real must be challenged. Is time really what we think it is? Is it everywhere? Does god/God have a watch? Things are not always what they appear to be. JohnnyK "All the world is a stage, and we are merely players", Shakespeare.
  16. J

    Gekko, can you prove...

    Gentlemen, It is time to change the paradigm. The question really should be: Why would anybody allow themselves to be killed/murdered? There is an assumption throughout this thread, that the murderee has no choice. This assumption needs to be challenged. JohnnyK...
  17. J

    Day trading game

    Years ago there was a game out of , I believe it was Antiqua called Stock Generation. There were ten stocks that were admittedly, and everyone agreed, fictional. This was known by all players, yet tons of cash flowed into this game anyway. Tons flowed out at the beginning, causing more to...
  18. J

    Flip a coin for entry

    Hi nononsense, My comments stem from some experience running TA (and money management) on random simulated market environments. I did not comment on roullete. I did not include a single roulette bet as part of a debate on entry vs. exit. There has been a comparison of apples and...
  19. J

    Flip a coin for entry

    Thanks bobcathy1. Good work dnaj65000. We will learn something. Regards proving the random-walk, hmmm. There are those who swear the market is not random, only a little *chaotic*. By the looks of some of the winning traders equity curves I'm inclined to believe this to be true...
  20. J

    Strategy that works well for MSFT

    Thanks Abogdan. Could you elaborate a little more on some of these terms? What is k? What is rate? By market position +-1 do you mean in the red or in the black by one point? This sounds like code language for one of the trading platforms that I don't have. Which one...
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