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Thanks for replying, and I get it. Recently I bought ten GLD (big spender) just to make myself watch it with the possibility in mind of converting some physical to GLD. The idea being that in minor crisis I could ditch the GLD quickly with much smaller spread. Of course I would keep some...

Feng, please identify the time frame you are charting and trading from. Thanks.

I believe in dialogueing publicly for the benefit of the entire community, so I don't do PM. If you can post without revealing proprietary details, have at it.

I'm too stupid to trade any other way.

Kindly excuse the digression, but might I ask why you are holding physical? Don't trust the ETFs? Don't trust the Gubmint?

Nice chart, Wallace. I think I get the difference in our outlooks. I have been a buyer since 1992, and look forward to the next 20 years of your chart. Also, and purely to be argumentative, what gold looks like depends on where you live. The second from the bottom study on my chart is the price...

I don't have a subscription to spot, so I'll use GLD as a surrogate. Looks like a simple retrace to me.

I watch a one-second chart to stay alert.

"But even the purely mechanical traders are very adept at reading markets, and are aware of all of the complexity and ambiguity inherent in it. Their system might end up being simple, but it will come about through a very deep and complex understanding of markets. And usually this system will...

"So, what's a trader's job, if you break it down into the component parts?" A thought-provoking question, thanks. As a sytematic trader, I don't think of trading as a job, but rather as an opportunity for me as an amateur applied mathematician to make money while having fun doing...

TM is a bullshit commercial reepoff of Vipassana (Insight Meditation), what Sidhatta Gautama, the Buddha, the Enlightened One, the Tathagata, the Blessed One, He Who Has Passed Through, invented and taught. Google it and buy a fucking book and teach yourself for fucking free. With the...

I have faith that you are leading us summers. But so far my overall unpressium is that you are kvetching about how your hoped-for heroes failed you. I can relate, except that those who have failed me were women, and I am not tawking about trading. If your g'rus only made 100% PA return, I can...

RN, I do readily concede in this season of regret, that thou art my better. For thou hast percei-ved in ET more wisdom than have I. Absent your generous encomium, I would have labell-ed them a funch of bucking idiots. For ET represent-eth the conventional wisdom writ large, whereas the...

Doj, do not confuse intense concentration on the fleeting now with lack of earnest desire for success in the far distant future. A split second decision in the fleeting now combined with patience in the boring interim may lead to intense satisfaction in the distant future. That distant future...

RN - Without all undue disrespect from one Texican to anudder, I do not have a clit, but I have taught more than a few unsuspecting women how to have house-shaking continuous clitoral orgasms. Make of this what you with with disrespect to trading and trading coaches. For my part, I think I...

I think Donna spoke for many here who have had similar experiences in willfulness and returned full circle to humility. I can only add that, in many ways, learning to algorithmize and backtest potential setups eliminates the need for a teacher. You can rapidly test and discard conventional...

About nine years ago I took the late Eddie Toppel's $625 one-day course extending his book "Zen in the Markets." In it he taught how to backtest using Tradestation and gave away a very marginal, but profitable, ES trading system. I never took another course, but painfully and haltingly built my...

Agreed on the stats. When I first started coding and testing intraday price patterns I ignored the nuances. But like you, I began to wonder if subtle refinements to the basic crude patterns might be in order. Consider the worst case I would ever remotely consider trading. I can't stomach a...

Do you mean the markets or ET? If ET, I would liken it more to flatulence after eating raw garlic.

Glad to hear it. My account graphs won't draw either, but I don't care so I never investigated it. Re the six months of data, as we say here in Texas, "If you can't fix it, feature it!" I have found for my systems that six months roughly represents sea changes in the market, so it seems to be...