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  1. J

    My quest for the holy grail

    "...scour for patterns..." A fruitless never ending quest for something which does not exist. The true quest is to find what the now bar must do as it evolves from the then bar.
  2. J

    The Trader's Winning Mindsets

    You want nothing. You doubt nothing. You fear nothing. You and the market simply are. The market wind blows through your mind like the tempter Mara blew through the mind of Sidhatta Gautama as he sat among the roots of the bodhi tree.
  3. J

    The Trader's Winning Mindsets

    The best trading mind is the Zen "no mind."
  4. J

    machine vs human

    I am but a simple country boy. Are you telling me that an algo needs to disguise the fact that it traded, say, at a bounce off of yesterday's low? Or at the end of the retrace to a breakout? Or at any number of other setups in the TA cookbook?
  5. J

    machine vs human

    There is no doubt that you know more about the markets than I do. To me it is a video game that comes without a manual. All I know is what parts of the missing manual I have deduced from observation. And large prints in NQ are anything but Jurassic. They tend to occur at what I consider to be...
  6. J

    machine vs human

    Don't see much need for that in NQ. Trying to mask an order of thousands of contracts? Market is somewhere else before you can do it one at a time. And NQ often says "ho-hum" to a 100 contract trade, which is typicasl of "large" size, so why bother? Try telling the difference between a position...
  7. J

    machine vs human

    I can only speak to NQ, but if algos were dominating NQ trading I would expect to see size frequently traded. Instread what I see is about 95% of the trades being small lots, onesy-twosy-threesies. It is straightforward to capture the number of trades and the corresponding volume to verify this...
  8. J

    Anyone using eSignal Market Data API?

    Be advised that you can't call into their software more than eight symbols at once. As to latency, what do you think of NO DATA AT ALL for seconds at a time in a screaming market on a heavy volume symbol?
  9. J

    machine vs human

    Remember that mice danced at the feet of the dinosaurs. The small rodent trader will always be with us, scratching tasty morsels from dinosaur shit.
  10. J

    want to learn about and get into trading

    If you wanted to research bee stings, would you let yourself be stung repeatedly, or would you watch other people being stung? Subscribe to a realtime data service and just watch.
  11. J

    Questions to Jack Hershey

    A one second chart evolves at the rate of a normal fat old man's heartbeat. The only problem occurs when the market is slow and skips a beat. When that happens I pretend that it is a really good orgasm. As to Jack's point direction, it is straight out of the screen and into the blue. Smart...
  12. J

    Questions to Jack Hershey

    I always figured the Hershey foule watched five minutes because it took them that long to figure out what the market is doing. As to subleties, there is only time, bid, ask, last and size. Anything more is fevered imagination. What is hard about that?
  13. J

    ES chart patterns

    Good trade entries are like good sex. They require a good opening.
  14. J

    Questions to Jack Hershey

    Well, I didn't think it would chart this late at night, but here it is.
  15. J

    Questions to Jack Hershey

    A brilliant ratiocination! Tomorrow I'll give you the ES version. Not so easy to rationalize.
  16. J

    Questions to Jack Hershey

    A stimulating exercise, not unlike a red pepper enema. The chart shown is NQ. Alas, it doesn't work nearly as well for ES. But a successful emulation of all the nasty whipsaws in SCT.
  17. J

    Questions to Jack Hershey

    As always, you are too kind. Since Jack is so good at misleading people unintentionally, all that is left for me is to do so with intent. If fools believe in SCT, then why not tempt them to believe it can be done in 50 EFS SLOCs or less?
  18. J

    Pearl Harbor Day

    Would that we had had a Scipio Aemilianus with radioactive plows and salt who could have cabled us "Nippon delenda est!"
  19. J

    Questions to Jack Hershey

    So we give him credit for the good old college try of "working tirelessly?" While Jack has made some few good observations, the vast majority of his oeuvre is errant nonsense. Uncountable noobs here have been led ass-tray by his gookledegobb, and we have every two years or so a well-documented...
  20. J

    Questions to Jack Hershey

    Yes. At about the same time as Wiles Welder.
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