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Very clever to use Prof. Irwin Corey. For those not old enough to remember him, he gave mock interviews like: "Professor Corey, do you believe in sex before marriage?" "Not if it delays the ceremony!" But Mr. Hershey is not nearly that funny.

The floor pivot. Can't get any more old school and pitty than that.

Mr. Shorts, did you ever buy term life insurance? Or home or auto insurance? Knowing full well that you are probably pissing the policy premium away because you will likely (you hope) never make a cent off of it, much less recoup the principal? What likelihood do you ascribe to ruinous runaway...

Mr. Kid, I laud the fact that you posted with a chart to back up your opinion, even though being a "gold to the moon" guy I disagree. Two things. First, would you please identify the ordinate of your graph. It is early in the morning here on the moon where we need more gold, and I don't get it...

Mr. Zones, you are the dubious heritor of Mr. Hershey's disloyal opposition, the others having died ignominiously and unlamented of terminal frothing apoplexy. I believe that your most credible course of action as the bearer of that ignoble mantle is to change your style and to critique...

As you smile proudly basking in the self-congratulatory glow of the cleverness of your post, try not to recognize the belittling early life events and the adolescent needs underlying your resentment of older male authority figures.

Speaking of amateurish NLP, won't you be surprised at how remorseful you will feel about bashing elderly Mr. Hershey on the day you hear of his passing? (With apologies to Milton Erickson for paraphrasing his most famous therapeutic intervention.)

Well flamed is more like it. If you read what is written by those Mr. Hershey has mentored and supported in their trading careers over the years here you get a clear impression of a person who is selfless (I did not say modest) and gives generously of his scant remaining time on earth to guide...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=184480 Not because he is soliciting without a license (all whores do that), but because what he wants to sell us is bunkum.

I don't think of any trade as bad, so long as I take my predetermined stop loss. They are all instructive. They all lead to a better understanding of the elusive quality of persistence, which is the only thing which distinguishes a nascent move from a fully mature one, since all moves start out...

Mr. Bloggs, indeed we do see things differently. I want to enter on low volume and exit on high volume.

I prefer to think in terms of profit potential, not target. I neither hold doggedly waiting for it to be achieved nor exit promptly if it is. That said, typically eight to sixteen ticks.

It also helps if you really don't need the money that badly. If eating depended on trading I'd get a job. I like monitoring and making decisions on a one second chart because I have mine rigged to sound like a pit. "Buy when they cry and sell when they yell."

One day. One minute. One second. Is a kid who has ADHD necessarily a scaredy cat? What if I had a short term memory problem and couldn't remember why I was in a trade five minutes in? What if I have incontinence issues and spend more time on the pot than in front of the screen? It's just a...

Thanks for that educational explanation. No criticism implied, I'm just asking. I have a highly delusional view of the market based on coded visualizations of price and volume behavior at the tick level, analogous to a graphical time and sales. This generally puts me in the "volume is...

Mr. Money, I hate to lose. So I go for the sure thing scalp. I would need major tranks to stay in a trade longer than 30 minutes. I am an adrenaline junkie. "I feel the need. The need for speed." Have you ever had a mental orgasm? That's what I want when I trade. A trade that lasts no longer...

Mr. XBurbx, you need to know that my literary and philosopical hero is Socrates. If you keep dialogueing with me you are likely to get confused. I don't watch news. Because the price is the news. Paul Simon said it best: "I get all the news I need on the weather report." I never form an opinion...

Let me be clear that I am neither attacking nor advocating him. I am merely sharing my experience that at least some of his ideas have merit. My highly personal view is that he is insufficiently quantitative and excessively theoretical, verging on theological. But like it or not, there is much...

BTW, I need to Hersheyize you. "No (big) losses." If an index future trade goes against you by more than three ticks, you are either dead wrong on the direction or a better entry awaits near where you are taking your loss now. Three ticks is my rule. No exceptions.

OK, a very classical approach of looking across the past and observing what happened without worrying about the reasons why. That goes all the way back to Schabacker and as I recall Farley had lots of good examples. A bit too empirical for me. I want things that I can quantify on a...