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PSPR, I forget where you be, but here in Big D we have rolling blackouts. Power on for two hours, off for ten minutes. Like a fucking third world country. Schedule cooking around the power.

It might only BE worth 49.99. You never know what a system is worth until you scale it up and see what happens. My suspicion is that success will be short-lived due to reverse-engineering. So before I scale up I am going to make my trades look like random entry with money management, which in...

Are you sure you aren't just tempting me to make a bigger ass of myself than I already have? Excuse my paranoia, but there are at least two numerological cults on ET that I have had run-ins with because they think volume is significant. I am painfully aware that my own massive perceptual...

You should write a book.

My answer is suspect because I don't trade chart interpretation. I think I could scalp off of a chart because on a scale of 20 minutes or so price is bouncing off of S/R like a Pachinko machine. But longer term, say if you want to hold all day, the chart predicts nothing. One of my biggest...

If you read a piece of technical writing with the following characteristics: no qualitative adjectives or adverbs, only quantified numerical information single phrase sentences no passive voice five paragraph sentences first sentence makes the point middle sentences support the...

I am guessing that as home-bound traders go, you are quite psychologically healthy. Not so the majority. IMO most were marginally successful in conventional careers because of sociabilty issues, and are more comfortable working without supervision or social pressure. Of course that's only based...

Before I checked Babelfish I translated this as: "Force yourself to dribble over the patio if you drink against sanity, or invest in a drink for your aunt if she toots on a trip." I spent a lot of my life teaching American-born engineers to speak and write English.

Let me add just one more thing, and I am crawling under the covers, as it is 14 here and dropping fast. Many have been the times that I looked at what my system said to do, and laughed out loud "Any fucking idiot can see that's the wrong thing to do!" If the great preponderance of traders...

That is indeed a penetrating question. I had a friend once who cut through the bar scene bullshit by just asking women "How would you like to fuck?" I some sense I am a Jungian. My favorite quote of his is "All psychology is autobiography." Years ago I perverted it here as "All trading is...

Funny you should mention that. Thompson was one of my strongest influences. The other was Professor Irwin Corey.

You and I may be looking at different manifestations of the same thing. The market definitely does decide to make a move in a minute, and not just on obvious things like news or closing the gap or breaking out of a morning range. Other more subtle things are at work.

Not sure I quite agree that the setup is not as important. At the end of "Zone" he says something like "Take a profitable system and follow it." That's like saying to an urban cook who wants to make soup, "Take one chicken." Man, I looked all over the fucking place for that profitable system to...

You bastard! You sent me to the dictionary on winebibberous and proficuous! Both delightful words! But should you ever be tempted to coin a word, never do so without the gold to back up your currency. As to my own bibbering, I am a Southerner born and ill-bred. We have a tradition we call "just...

Let me just say that my system development and testing and trading prove to my satisfaction that not much of an edge over randomness is required to exceed the performance of random entry. Like your one-minute timing, an edge is a razor's edge. What I found harder than anything else in trading...

Don't confuse "plays out" with "tests out."

Don't know if you read any of Jack Hershey's stuff here. He's such an old fraud (reminds me of me) that I have him on ignore. But he said a number of things that stuck in my mind, curse me for a fool. One of those was that as the years passed, he was able to absorb more screen information than...

Can't help you there. I'm a lousy statistician. Probably easy to Google.

You are absolutely right. A fine line there between anticipation and discretionary trading. I have that temptation when it comes to stops. "I'll just cut this loss a little." "Oh, shit! It rebounded!" Just use market orders. IMO if you aren't trading S/R there is no reason not to. See...

Shit! Did we just quantum-tunnel over into P&R? No. Can't have happened. Because I have all those assholes on ignore.