Andrew, it will be a joy to follow your journey. Trade small and well. And remember how pygmies kill an elephant. They sit around a fire (ET) and brag a lot (posts exchanged). Then the bravest among them (a flamer) stabs the noble beast (sincere poster) in the ass with a poisoned spear (derisive...
Dr. Deco was an old fraud whose endless drooling foolishness will not be missed and who is already forgotten by anyone here but halfwits. We can be thankful that the endless churning and turnover of threads and membership here is like a buldozer burying garbage in a landfill. Threads by posters...
Thanks for that link. I never read any threads which start out Fabelhaft! or Formidable! so I completely missed all that fun. More fun than a Somali pirate highjacking. Since I am housebound for a few days I'll read up on it. Are you telling me you found absolutely nothing of value in any of it?
Someone inevitably will post a learned dissertation on the future which offers the highest return on assets based on the lowest offered broker margin, payout multiple, tick size, current price and current volatility. I could do that myself, but it would lead you astray. Others will opine about...
I will never take such government sponsored shots because they are part of an international one-world one-currency one-color conspiracy to emasculate and feminize true-blue red-blooded and red-necked stiff-dicked Southern gun loving and gun toting and gold owning males. You can already see the...
Mr. Wagain, Mr. Spydertrader is in my experience one of the most selfless and trustworthy posters on ET. His approach has the advantage that you can use its simplest features with confidence in the beginning, and add complexity as you gain experience. My only caveat is that you should be open to...
Mr. Wagain, Spydertrader's advice to you was sound. I strongly recommend that you follow up on it to learn his mentor's method. Scores of traders here on ET and elsewhere follow it. They form the community of sharing you seek.
Sorry. Before you were around, it started out as $INDU:
http://www.elitetrader.com/vb/showthread.php?s=&postid=399800&highlight=indu+es#post399800
Need to get caught up on my reading.
If you really want to trip out at warp speed sometime, write a jot and tittle of code that lets you...
Mr. Bob, I would offer that there is another paradigm, what might be roughly described as a dynamical model. Not a physical model, for the markets are not physical and are not constrained by the dynamic and causal limitations of physicality, but a quantitative model of price and volume behavior...
Sorry, it was early in the morning and I was in considerable pain at the time and don't remember it all. He purported to be with an investment firm that developed a great system he would reveal to any and all comers for a $400 mentwhoring fee. The system was something I tested long ago that was...
So at heart you are a pattern recognition engine, with the added element of emotional recognition of the impact of the unexpected? Less quantitative than qualitative? Tuning in essentially to overbought/oversold conditions? I ask because that is wildly different from what I do, which is rigidly...
Mr. Raskolnikov, I use the postulated P-V relation in my own way in the context of support and resistance trading, where it fits in nicely as an indicator of whether or not the potential S or R is holding. But what I do is a far cry from trying to draw sloping lines on volume bars that have a...
And a felicitous winter solstice to you, as well, Mr. Neck. Would Mr. Hershey's adherents agree with you that he is, as you wrote, "obtuse, obscure, full of shit, egotistical, and not logical?" Perhaps it does not matter.
Mr. Raskolnikov, be careful about falling into the trap of absolutes. If you go down in time scale to the tick level on an index future, the P-V relation is anything but obvious. In that murky world of volume causality or the lack thereof, especially regarding the color of the volume, you see a...