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  1. J

    Price Action

    Geez . . . OP asks for something, then doesn’t get it. Konviction warns of what will happen, then proceeds to make it happen. Illiquid tries to help, then gets it wrong. Price action is how price acts. Pretty obvious isn’t it? If price is analyzed in any manner at any point in...
  2. J

    Just lost 5% of my account...

    There are dreams, then there are debilitating fantasies. Whether all this is sincere, a joke or self-aggrandizement, I'm not sure. But you will go nowhere with $2,000. You are guaranteeing your own misfortune. Get a job in the industry or go seek wealth in some other venture and come...
  3. J

    Choppy versus Trending

    The OP asks a question that gets to one of the fundamental tenets of good trading and not one good answer was provided (including those of J.W.'s - which I must admit I found difficult to read past the first blathering paragraph). What if the market made higher highs and higher lows all day...
  4. J

    Looking for a Trading Partner or Prop Firm for trading capital, offering 5% daily

    Why do you need such an exorbitant capital account to trade this strategy of yours? Huge risk profile? Large universive of stocks/options? You can't make what you don't risk . . . unless of course it's not your money that you're risking. Hmmm . . . that would explain everything, wouldn't it?
  5. J

    Could someone explain these numbers to me?

    Legitimate question . . . until you realize that the government controls the reporting of both numbers. Likely answer: probably because there are a lot more than 11k seasonal jobs added that skew the umemployment survey numbers . . . or maybe a whole lot of people died who are no longer part...
  6. J

    How to research and verify trading ideas

    For the quisitive types . . . The attached explains why Excel (and maybe other platforms such as Tradestation) can have "unique" calcs . . . see pp. 5 - 6. Has to do with repeated values in a data set. Over a large data sample, probably near zero effect. Using the function PercentRank...
  7. J

    How to research and verify trading ideas

    Attached is the low-budget quantitative analysis of this strategy going back three years. I used the DIA this time as a proxy for the DJIA – which had a few more signals. No fancy performance strategy, just a quick check of entry, exits and heat (risk). No stop baked in a la Talon, but a...
  8. J

    How to research and verify trading ideas

    Sticking with the original purpose of the thread, my contribution of “how to research” for this particular setup is rather simple. While this particular strategy lends itself well to analysis using Excel (if you have the raw data), I prefer a bit more visual approach. Because the criteria...
  9. J

    How to research and verify trading ideas

    Pompous ignorance at its best. And yet, he speaks the truth. One guy decides to actually share and collaborate in his own way and what do you turds do? Be turds. How about a bit of good ole fashioned dialogue? Back to trading now. Keep trading.
  10. J

    The market is random

    You are a confusing individual. The market appears to be random. But how can something driven by human behaviour be random? Not possible. To the lay observer, it is unpredictable - not exactly the same as random. To the professional, there are predictable patterns to be found in the...
  11. J

    The market is random

    The OP answers his own question but uses wrong terminology. If you test something out, make money, but then lose your edge . . . that's luck/unlucky? No, it's the unpredictable nature of the market, not random events. The market is very unpredictable, not random, don't you think?. Just...
  12. J

    I used to think that the central puzzle was figuring out whether the market was

    Kinda sounds like you were expecting a trend on a range-bound day. Are you sure volatility is your problem? Keep trading. JScott
  13. J

    POLL: Do you think Larry Williams is a charlatan?

    If the question has to be asked, then the answer is easy to figure out. Keep trading. JScott
  14. J

    Which real live future trading room I should choose?

    1. Go learn (internet/books) 2. Go learn some more (mentor/chatroom/trading room) 3. Go develop your own game plan 4. Go trade I'm not familiar with any of the rooms you listed. I have been a member of only one trading room in my trading career. It was well worth the time/cost and...
  15. J

    good books for a new day trader...

    Mastering the Trade by John Carter is probably the best for a new guy. Am I John Carter follower? Nope Do I think you will make easy money after reading it? Nope Do I think reading a book replaces hours and hours of actual experience? Nope I recommend it because it has good details...
  16. J

    Entry into an ES trades almost always cause a one tick loss

    Not exactly . . . If you put in a limit order for 990.25 (ES), then you will be filled at that price or better. If you get filled at 990, then the price traded through your price and you actually got in at a better price. If you get filled at 990.25 and the price is instantly at 990...
  17. J

    SickTrader and his viral marketing campaign

    That's some funny stuff right there.
  18. J

    Let's Trade III, by Sicktrader

    Which by the way is terrible. Unfortunately the guy was outed as being a phony after just a few pages. I pretty much felt sorry for the guy until I realized that he brings it upon himself. Can't believe I took the time to read through some of it, but it validated my assessment of Beau and...
  19. J

    Let's Trade III, by Sicktrader

    -------------------------------------------------------------------------------- Quote from MandelbrotSet: 2 or 3 pts on the ES add up pretty quickly, especially when using his, (albeit insane) money management formula...
  20. J

    SickTrader and his viral marketing campaign

    When you talk to people like this, especially when they are being civil and trying to make a bigger point, it shows that you are not a value-add member to this community. TZ may be civil in his posts, and he may be right all the time, some of time or none of the time - who cares? I think the...
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