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Well, this old man is going to bed. How Jack can stay up this late when he's une douzaine years older than me, I can't figure. Must be Liz. I'll post again after RMH tomorrow. Remember, "A trader trades", hahaha!

Jack, it is so bizarre that for years you belittled my testing, and now I have given it up and you have started it. I gave it up when I began to understand what is really going on behind those enigmatic price and volume time series. I still think that, if it is true as your intimates claim that...

Bsparkyman, if you are following Spydertrader, I do not mean to dissuade you. He is selfless (go figure) and generous (go figure). Make it work for you. I am not attacking SCT for ES. Yet.

Jack, the best tonic for "fear, anxiety and anger" is absolutely unambigous rules, quantified, coded, tested. Which you ain't got. MY goal in trading is to be so bored I can trade on full auto and diddle my girlfriend at the same time. I don't WANT to SCAN. I don't WANT to have to PAY ATTENTION...

Jack, NOW who's asking for something? I have absolutely no intention of posting how I trade, other than the classical TA elements of it. Worked too hard for it. And not everybody thinks like you do? Stats? Routine? Debriefing? I could close my eyes, listen to the audibles, and trade the same. In...

Thank you, Bsparkyman. There are many reasons one would not want to post executions. I rarely do it because my reports show losses and (in retrospect) occasionally embarrassingly stupid trades, even though they are mostly net profitable. What if the great Joe Doaks had four $20 losers and one...

Slacker, thanks for that very comprehensive list. Please help me to bring them up in time, as you make some points I would have forgotten. And please be patient, I am trying to get there in my own idiosyncratic way.

Now I am confused! Let me repeat. I am starting my critique by asserting that a fundamental assertion regarding SCT is flawed, and inviting counter opinions or experiences. Throngs of non-ES SCT traders will no doubt repspond on the non when they wake up amazed at this thread, specifically at...

Bsparkyman, I regret that I do not know you well. So old now that I forget the source, but your answer is the poetic question "How can we tell the dancer from the dance?" Edit: Oh, yes, Yeats.

Thank you, Doli. I have been reading him so long that it went right by me. Specificity, Jack! Quantification! Perhaps if only one sentextion of a throng, even a miniscule pentalion, posted their support? In his defense, else Liz will create a new alias and rag on me, I have been after Jack in...

BTW, we have to the best of my knowledge heard nothing so far from other NQ traders. Wisely keeping their own counsel? No doubt! I hope they will dial in when I get to comparing SCT to classical TA. Edit: Old men debating orthogonally! What a hoot!

Jack, again, not getting you facts straight. Nowhere have I EVER criticized PVT. That time frame does not appeal to me. Nor am I asking for anything. I have a mature NQ system that took me six years and about $15-16K to develop. It is in my experience original and unique. It incorporates...

666, thanks. Put that keen intellect to work helping me explore the validity and applicability of SCT. What if you concluded it works? Or even pieces of it? I certainly have an open mind re NQ, but my experience is not good. We might induce you to abandon the boredom of EOD trading and trade...

Anyway, Spydertrader chose to open his SCT educational thread with the FTT, presumably because it is the cornerstone. Here is Objection #2. Clean channels are the exception, not the rule, in NQ. Its behavior is idiosyncratic in the extreme. Moves very often end without FTTs, if in fact one...

Jack, get your facts straight. I trade NQ consistently profitably, if modestly and not at the 3X level, which BTW I cheerfully accept as my goal. I WILL compare what I do successfully with NQ to my admittedly imperfect understanding of SCT. And I remind you, I HAVE POSTED EXECUTION REPORTS, be...

666, I wouldn't care if it WERE a cult, if it made money, I'd drink the Kool-Aid. In the interest of civil debate, I will refrain from expressing my own opinion. What we're about here is gathering empirical facts, or the closest thing we can get to them in trading. I am perfectly happy to be...

Doli, my science of trading certainly is not excel-based. How pathetic! A tool for those who can't afford, or don't know how to use, contemporary trade coding tools.

Jack, we are not going to lay 50 objections on the table at once. We are going to consider and debate them one at a time. Right now we are talking about what appears to me to be a fundamental tenet of SCT, which I dispute based on my experience with NQ. You are turning into a flamer.

Well, I guess we see that we aren't going to get a straight answer to a simple basic question. Nit unexpected. So I shall continue with my argument. Let me repeat: I trade NQ with a modicum of success. I would adopt SCT in a flash if I thought it would work better than what I do now, or at least...

"THE OBJECTIONS THAT YOU WILL FIND ESPOUSED IN THIS THREAD FOR MAKING MONEY WILL BE UNBELIEVABLE AND ASTONISHING." ????? I thought we weren't into predicting.