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Check out encrypted file systems -- better than trying to secure file-by-file.

Where are you now, "mak?" I've come to explain SCT in terms of the CW, from which it is clearly derived, despite all of Jack's railing against the CW. Someone must be better at explaining it than Jack and Spyder combined. Is that OK? Or do you want to insist that people continue to "do...

Aha! insight: From another thread, software for trading the method, I've learned that what is called the "wall" can be found with volume-by-price! With time, the secrets will come out. Then it will be possible to do SCT without reading jack.

So that's what a "wall" is. Volume by price ...

There you go. Measure the bar range and smooth it. If that's increasing, step aside. When it 's decreasing, at some point you could enter.

Joe, Observing the recent market activity gave me the idea of measuring volatility based on bar height. For example, it's unusual to see a lot of bars on a 5 minute chart that are several points high. If the last several bars are like that, then I'd assume that trading with a 2 point stop might...

"By pumping a total of $62 billion on Thursday and yesterday into the pool of funds available for lending, the Fed can help enable small investors to continue to trade securities, confident that the checks they receive from their brokers will not bounce." That is from a NY Times article...

Fed has taken mortgage-backed securities as collateral. Fed has said that it will provide more "liquidity" as needed. 'Nuf said?

Yeah, I wonder why they make it seem so complicated.

The way I see it is, sure, price moves in channels, but, gosh darnit, those channels move, too. That's why it's important to know which is the current channel. Once that is known, if price moves out of the current channel all you've got to do is find the best channel that contains the current...

Yeah, the thread's title isn't the best.

You are doomed, if you don't pay it forward. It's part of karma: "What goes around comes around." How do you know that I wouldn't give away the code to find the current channel?

What if you're not a "projector?"

OK! So it's back testable? Do SCT traders wait for a bar/candle to complete before making a decision? I am wondering whether tick data is necessary to test or whether bars are enough.

That's a good idea -- programming to do SCT. The computer can easily find prospective channels, but I wonder how you get it to choose the one out of all the prospective channels that is the current channel?

Yeah, I guess Joe Investor isn't very smart.

If you look at the thread, you'll see many posters no longer there. If you look at the stats, you'll see a diminishing interest in Spydertrader's daily chart posting. If you've tracked thread views, you may notice less interest as time goes on. So, my question is: How many have looked...

When you get there, can I piggyback? I can pay about $1.00 per round-trip. Remember, it's good to have a backup revenue stream when you're trading.

Why do you think you need a prop firm? 500 lots is $6250 per tick (on ES). If you can risk that much per tick, why don't you just join the exchange and get super low commisions?

Think about it. Even with a broker that requires overnight margin for intraday trading, you're getting about 20:1 leverage ($3500 overnight on ES, which is about 1/20 of the value of 1 ES contract). Some brokers offer $500 intraday margin -- think about it -- that is 140:1 leverage! How...