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Please make tomorrow look like this to teach SCT traders a lesson. Thanks.

Maxpi, you and I are probably closer in background than most any other pair of posters here, but I gotta tell ya, ya can keep your Laplace domain and I'll be happy to digitally construct whatever impulse response I want to get the output I want. IMO, in trading, you want to focus on the impulse...

Think about it, Spydie. What if you didn't HAVE to pay attention to volume? You have all those convoluted volume rules that remind one of the epicyclic fixes to Ptolemaicism to avoid Copernicanism.

Big Hog, everything he said is true. Read it again.

I hesitate to post this, because it is IMO the principal objection. If Hypo already posted it, I apologize, I don't read his shit because he's a CFI. Objection #18. Think about it. At the trendline, you don't know if it is going to BO or FBO (anti-Jackers, excuse my use of Jackese, but I have...

The boss picked up a Mk IV LBFM on Manhattan Beach after breakfast this morning, so he's out for the duration. Which gives me an opportunity to post: Objection #17: This is a variation on my perennial perineal bitch that the eyes are so drawn to channels that you don't see the meaning of the...

Spydertrader, sentiments do not rule the markets, market makers do. Price goes exactly where the fuck they want it to go when they want it to go there. Market order traders are just meat.

Objection #10. Lossless trading. That certainly is achievable SOME of the time. I try to trade only setups that favor it. But not ALL of the time. Consider an FTT. Without reference to S or R, you can't trade one until it is evident, IMO, by 2-3 ticks. And if price moves by that much, it often...

Achilles, I am going cold turkey on trading tomorrow. You gave me the willies.

Objection #9. There is a dangerous hubris in thinking that if everyone traded SCT we would all get rich. Index futures exist primarily to line the pockets of their exchanges and their (effective) market makers. And only incidentally to facilitate hedging, arbitrage, speculation, and options. But...

OK, gotta clear the mental decks for tomorrow. My cycle analysis indicates a big move tomorrow, even if it weren't FOMC day. $FVX has adjusted for a rate cut, but they were wrong the last time. I will be mentally prepared for a big down day, which is what cycle analysis predicts. Objection...

Achilles, he probably gets on my nerves because I am old myself. If I started writing his way I would have to kill myself, which perhaps explains what I do to him in print.

Objection #7: Drawing those channels IMO hurts as much as it helps. Helps when everyone is going along with the gag and creating clean channel bounces. Hurts when they obscure recognition of simple trend trading rules, which are: Long when price fails to make lower lows and makes higher highs...

Thanks, Achilles, references to real trading have been a bit thin here. My position is not much different from yours. There are parts of SCT that appeal to me which I have adapted, in some cases so much that they are almost unrecognizable. I don't ALWAYS use them, just when they confirm other...

"to think, process, reason" But not, apparently, to improve, as the method has been essentially static since before I started testing it.

And where do you come down on the issue, ET99? And why are they laughing? I don't think it's funny.

A grand achievement, if one ignores all the flaming! Thanks for starting it, I think.

Achilles, thank you so much for posting. You will get no mileage here telling me I am full of shit. Everybody already knows that. But what of you, where have you been for the last 28 pages? Waiting until the level of discourse got low enough for you to jump in? Tell me something nice about SCT...

Shudda brung some cavalry with ya, Jack. Where are all your supporters? Tick fucking down inside ever-narrowing, ever-slowing, ever-shortening channels this afternoon?

I am tiring quickly of this petulance and recalcitrance. Getting on with it: Objection #5: Jack's postings some years ago referred to exiting any position open when the market enters what he calls CCC (gotta invent a new term for everything, guess a "pennant" wasn't descriptive enough). He...