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Trader666 does not believe my 600% in two years claim and I will make it even more unbelieveable by adding that the majority of the 600% has come in the last year. I made over 6k last week some of which I posted executions for shortly after they happened. That was an average week. I have posted...

This is one of those issues on which opinion seems to be devided down the middle.IMHO, Paper trading is only good for one thing and that is testing your method without the risk of losing your money. If your method passes this test then it may or may not pass the test of live trading but if it...

Ive noticed that the same people who like Jack like Scientist and those who despise Jack despise Scientist. Its kind of interesting. They are both egotistic, strongly opinionated people and a lot of people cannot handle this, I guess. When I first ran across Jacks posts I immediately joined the...

I like the comments by Scientist in the Sexy Idea thread: "SCT is nothing particularly revolutionary, either - Large traders, institutions etc have been using it for a long time. "Market makers" use a very similar approach on almost any issue. The basic ground principle is about having...

I think hes probably trying to get banned. Like a lot of us he is a compulsive poster and wants to quit.:)

In an article linked on a recent thread here Taleb talks about what he learned in the months he spent in the pits talking about how the locals, led by the stronger players move from squeeze to squeeze. They take it as far as they can in one direction then take it back the other way. If you can...

I dont think Jack has ever claimed to have invented rockets. That would be ludicrous. He simply points out that the best time for a beginner to enter the market is when it is moving stongly in one direction and gives a couple of aids to help them know when a trend is beginning. Then he...

This is in the works mike but it wont be here and I think the chances of you moderating are pretty slim.:)

I must be psychic. I had a feeling you would be showing up shortly.

Of course not. I posted back aways that what I call washes can vary from minus a tick or two to plus a tick or two but over the long run they have averaged out to a wash.

You must be new to ET:)

gerry A rt with IB is $4.80. Lets call it $5. One ES point will pay for 10 washes.

Not for me. I cannot make head nor tails out of time and sales. (that rhymes). To me the best indicator in the world is that little flapper on the close side of the 5 minute bar. How fast it is twitching back and forth, how long is it sitting on the bid or ask and which way its moving. That...

Exactly! The important part is picking the correct entry points. If youre entries are consistently bad there is little hope of washing. Next question of course is where are the correct entries? That only comes with lots of screen time. You must learn to gauge when you have momentum on your side...

My grandpappy always used to say " a fox always smells his own hole first" which is to say people usually suspect others of doing what they do. Of course it doesnt prove anything. I am just answering your charges as best I can but I see that there is nothing in the world that is going to deter...

I have not checked this thread for a few days or I would have answered sooner. The first quote you give I meant what I said. Most people cannot get the hang of trading rockets just as they cant get the hang of trading any thing. As I stated awhile back only about one out of four make me a...

Looks like a script from Deadwood.

Jack recommends 5, 13, 6 for the macd and 14, 3, 1 for the stochastic. I have experimented with many different settings but always come back to these because they seem to work the best. The only thing I do different is use 14, 3, 2 for the stochastic as it smoothes it out a bit and doesnt seem...

Right. I took the snapshot as it was happening so that I wouldnt be accused of hindsight. The parameters for these trades will keep you out of trouble if you learn them. It does not seem to occur to some people that it might just be possible that they (god forbid) might not understand how...

Thought Id post this chart as it looks like an ideal rocket coming up and in fact I was watching intently but the one thing missing was the volume. Macd was crossing .4, Sto was over 80, and price was at the hod, but as you can see on the timer, prorata volume for the 5 minute bar was only about...