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  1. M

    Gann Wheel

    http://www.myphotographs.net/egypt/image37.html I don't see it... can't see any spiral. Explain please.
  2. M

    Can scaling/averaging down be a viable trading system?

    In system trading, scaling in and out are the same as trading multiple systems and combine their equity curves (diversification?). In discretionary trading, as TRENT suggested, I know for facts that a few highly profitable traders do scaling in (averaging losers) trading ES (S&P emini - a...
  3. M

    Mark Cook & Linda Bradford Raschke reads

    http://www.trading-naked.com/Articles_and_Reprints.htm
  4. M

    Mark Cook & Linda Bradford Raschke reads

    I remembered I got all the articles for free on the web except for Schwager and Nison... which I am not sure. I think they sell a lot of stuff like that illegally for $2 on eBay. I must admit you picked some good articles but I don't remember anything particularly important... I think there...
  5. M

    Ichimokukinkouhyou ?

    Have you seen this one? http://www.trade2win.com/knowledge/articles/general%20articles/currency-trading-with-ichimoku-kinkou-hyo When you figure it out? Let me know.
  6. M

    How to develop patience??

    I remembered spending a day babysitting my baby son at a Buddhist Monastery while waiting for my wife. It was too damn hot inside so I tried to get some air conditioning in my car and ended up hitting his head on the horning part of the steering wheel. I told myself to get him back inside the...
  7. M

    Gann Wheel

    Only the risk is real and reward is imaginary. I like a lot of the technical stuff but I don't feel right using them as REASONS for entering the market no matter how many of them stack together instead I like using them as entry technique to establish the uncle points.
  8. M

    Gann Wheel

    Unless I understand the reason why it works, I would assign it ZERO probability as an indicator but I also use the level to pull the trigger as an arbitrary reference point when other things (real reasons) line up. I am saying this... hoping people won't lose too much money thinking there is...
  9. M

    Gann Wheel

    What you said is very hard to back up unless you can backtest the thing... Human mind has the tendency to imagine patterns out of thin air (putting significance in certain event because of fixation).
  10. M

    Gann Wheel

    Actually I tried Fib retracement with Square of Nine for a little bit... they are like oil and water. I also read something about Fib relationship embedded in the square but never took the time to make sense of it.
  11. M

    Gann Wheel

    Have anyone researched into the true origin of the Gann Square of Nine? I have to conclude all the stories I found (on the web) are made up: 1) Why would tea merchants in India need a square root calculator? (Gann discovered the number spiral in his trip to India.) 2) Mesopotamia...
  12. M

    Best TA software for non-programmer?

    Ensign is pretty good (although could be better).
  13. M

    Dao of Trading

    Chapter 9. Moderation "Stretch a bow to the very full, and you will wish you had stopped in time. Temper a sword-edge to its very sharpest, and the edge will not last long. When gold and jade fill your hall, you will not be able to keep them safe. To be proud with honor and wealth is...
  14. M

    Dao of Trading

    Thanks to Michael and Thunderdog. I think I do get lost sometimes (actually a lot of times).... The points you guys brought up helped me refocus a bit on what's important... such as not to tamper my system during drawdown. :)
  15. M

    Dao of Trading

    Actually it can be more difficult to simply go for the essence sometimes due to our own habitual patterns. Even though the shortest distance between two points is a straight line, it might not be practical to walk thru a wall. In Buddhist tantra, they use the process of building it up...
  16. M

    Dao of Trading

    Hi Thunderdog, Actually I have parallel experience, I think my brain is so miswired that I would not trust my money with myself during drawdown... I decided to either really work on it (how to lose profitably) or automate what I wanted to do. I ended up automating my strategy because of my...
  17. M

    Dao of Trading

    Thanks. Yep, I am just using eastern philosophy as a spring board for discussion... and I found them to be surprising well-made spring board because they relentlessly try to zero-in the elusive truth.
  18. M

    Dao of Trading

    Hi Thunderdog, Can you explain more in what way am I going off on a tangent? I could be pressing a bit sometimes but I feel I am not that far out. At least I tried not to skew the eastern philosophy too much nor plagiarize (Mark Douglas both screwed up the meanings and plagiarized eastern...
  19. M

    Dao of Trading

    ... but some longer term traders can suffer from "impotency". In my case I have both problems because my automated scalping system totally failed to catch any entry today the whole ES move down while I was out for a doctor appointment. I could have gone in myself and done no wrong today (and...
  20. M

    Dao of Trading

    It does provide structure for people like me to fill in the blanks and pinning down your so-called "Trading is trading." Many times trading is not trading... because we forgot our roles (karma yoga) while scrambling to serve our ego needs... I guess it could be something like reading the...
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