Search results

  1. B

    Trade Statistics: Which deviation to use?

    If your distribution is not normal, this statement is not valid and you have to use the formula of Tschebyscheff, which is not that exact. A long time since I have seen his name spelled this way. Regards, Bruce
  2. B

    Mental Ceilings and self fulfilling prophesies

    Hey Natalie, That would be a sad thread:( I'm more interested in stumbling onto an empowering mindset. Something that will help me get up in the morning and keep me going through the losses. Discipline in trading is much harder to find than discipline in preparation. Knowing a market's...
  3. B

    Mental Ceilings and self fulfilling prophesies

    Natalie, I think it was mostly good luck initially that led to pride in my accomplishments. That led to a sense of infallibility in my market assessments. Once I had this attitude and began on the wrong side of a trend it was awfully difficult to acknowledge my mistake. Eventually, I did...
  4. B

    Mental Ceilings and self fulfilling prophesies

    The question/s I am posing for discussion is this. "IF, everyone agrees that the longer term avarage on big size is roughly 1 point per day, how much does the 'belief' that the long term avarage is or is going to be about 1 point per day become a mental ceiling, and as a consequence a self...
  5. B

    What Really Drives Prices? RAMOUTAR REPORT VOL. 6

    Since reading it, I've always remembered momo's last line---page 7 of plumlazy's link. Bruce
  6. B

    What Really Drives Prices? RAMOUTAR REPORT VOL. 6

    Good enough. Bruce
  7. B

    What Really Drives Prices? RAMOUTAR REPORT VOL. 6

    Hmm. I wonder if that wire's hot? Bruce:)
  8. B

    Mental Ceilings ...Lessons from Jack

    I will unload stuff on you through PM, this thread is focused on "edge" stuff and we are SCT types. Not necessary now, Jack. I backtracked to Cameron's board on msn and from there back to a google search which turned up your conversation with the Harvard guys. That's the stuff I was looking...
  9. B

    Mental Ceilings ...Lessons from Jack

    One swift aspect of where you are operating is two pronged: you can treat cells as independant and therefore use a "portfolio" of independant concurrent or staggered rotation through turns. You, additionally, can scale on each element of the "portfolio" elements. Yes, each cell of the matrix...
  10. B

    Mental Ceilings ...Lessons from Jack

    Thanks Jack, for the explanation. I have a matrix expression for the market that works off of the daily close and the projected close the following day. For the Nasdaq I have also included a gap analysis and how the different sized gaps are good for estimating the close either up or down...
  11. B

    Got Mojo?

    Yeah, I got it. Gann, I want you to know that you are my number one guy. That's the essence of it. You have gotta believe it in your bones...that what you are doing and seeing with your charts is the whole story. I prepare the night before so I know the probabilities of just four things...
  12. B

    Mental Ceilings ...Lessons from Jack

    Since today is a free day for me I wanted to sound you out on a few things if you have some time. "Think hard. Dvery part of a commodities market can be divided into an assortment of operating points. Believe it. That is a definition of how people find edges to play. I naturally deal with...
  13. B

    Measuring supply and demand

    When dealing with a commodity that is an okay assertion. Bruce
  14. B

    Measuring supply and demand

    Joeboy, Well, I wasn't actually trying to pitch HL Camp's services. Fair value is defined and its use is simply explained here: http://www.programtrading.com/fvalue.htm The symbol for the S&P 500 index is different from vendor to vendor. PREM and the symbol for the index are two...
  15. B

    Measuring supply and demand

    And like other techniques of technical analysis it works just fine until it doesn't. Bruce
  16. B

    Measuring supply and demand

    with my first cut at this as you were requesting a look at supply and demand that is not price-based. Even though a Level II screen does show quantities at various price levels it isn't based solely on the supply of and demand for stock shares, just on what is currently being traded in the...
  17. B

    Measuring supply and demand

    I thought about finding a supply/demand curve and posting it, then I thought better of it. Here is what I decided on: http://daytrading.about.com/gi/dynamic/offsite.htm?site=http%3A%2F%2Fwww.programtrading.com%2Flevel2.htm Maybe that will give you an idea or two. Bruce
  18. B

    Any thoughts/comments about Businessweek article on Nasdaq?

    It has gone a little deeper than the BW article suggests. Nasdaq is composed of mainly technology issues, recently shifting its focus slightly into financial services. I've recently done some looking at the S & P sectors, where financial service companies now have the greatest weighting. I...
  19. B

    Any thoughts/comments about Businessweek article on Nasdaq?

    Well, if it goes, there will be one less index to trade. I care about that. Bruce:(
  20. B

    Mental Ceilings and self fulfilling prophesies

    Like him or not, Niederhoffer can help define this thread: "In statistical terms, I figure I have traded about 2 million contracts in my life thus far, with an average profit of $70 per contract (after slippage of perhaps $20). This average profit is approximately 700 standard deviations...
Back
Top