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That’s a lot of sizzle. The steak is priced too cheap if it’s half as good as you make it sound. The volume histogram falls off a cliff at the end of every formation and always alternates colors. My take is that it masks relevant data. Nonetheless, putting volume at the forefront is a good...

Just like everything else before the internet. Not many people know what it’s like to go to their broker’s office to look up charts on Daily Graphs.

It was EOD only when I was a subscriber. Nifty charts.

Jesus, you are so full of shit. YOU contacted me unsolicited and asked about my results. I was thinking who the fuck is this guy? When I declined politely to provide details, you kept up with the PMs and gradually we talked more specifics. You made “a private inquiry” for me to teach you how I...

You’re being way too emotional. I don’t know why you keep bringing Jack Hershey into this. I knew him, he was a great person, he gave a lot to others. You also know how I trade as I revealed in our private messages with many of my trades shared with you. Thus, you are purposely making...

You’re welcome. (Yes we do.)

You are young and perhaps used to making demands of others around you and having them fulfilled. I am old and used to dealing with all kinds of demands from people who have no right to. I suggest you get used to not getting your way.

Had you understood my post, you would see that your request is invalid. I know you have an affinity for each other, but in this game commiserating is for losers.

Drop by and try to knock you down? You do love turning things dramatic. Here’s my perspective. In the snippet I quoted, you have taken a sample size of 15 previous Tuesdays post Labor Day and made a prediction about the current Tuesday based on the net change of the previous days. This is...

If I didn’t know a bit of your history, I might think your post is a prank. But I’m fairly certain you are being serious. Your reasoning is full of induction and is thus badly flawed. That likely explains why you see no alternative to predicting and betting. I don’t have personal experience...

Market pace. Values need to be adjusted to reflect market conditions. Adjusted twice in 2020 which was a rare occurrence. Once in 2022 and once this year. A relativistic oscillator can be used for the initial calibration. I use a stochastic on 5m bars to determine a value for fast pace. Slow...

If you think backtesting or anything else people do is not useful, shouldn’t you stay quiet and let them continue? Futile traders contribute to the profits of others. I’m not saying backtesting is futile. I have not found the need or desire to backtest anything, but about 10 years ago I read...

Biggest challenge for me was when the market structure changed and direct access trading on Level II stopped being a cash cow. For about two years, 1997-1999, scalping tech stocks was like walking up to an ATM and punching a few buttons to take money out. The biggest risk was racking up high...

Getting rich is a worthy goal. If you live in a western or westernized economy, it isn’t difficult. However, a serious obstacle for you is overcoming your naïveté. If you are as young as you hint at, there will be numerous opportunities in your lifetime to get rich. You just have to be open to...

You’ve been registered since January 2016. Being at inquiry for 7.5 years probably disqualifies you for newbie status. By now you should have scoped and bounded the opportunity of trading stock index futures. You should have your own syllabus.

Volume is an independent variable. Is it predictive? Well that depends on what you’re looking to predict, but I wouldn’t suggest using it for predicting anything. Every chunk of price information has an associated volume. Therefore, volume is essential for gathering a complete data set upon...

In reference to your thread title, my experience is that extracting from the markets requires very little creativity. In regard to your post, I think self-discovery is worth spending time and effort on for its own sake. I don’t think it is a prerequisite to trade. I know it’s common for people...

Hello SimpleMeLike, Great question. As you are aware, there is plenty of “what” that is available to people. It does seem paradoxical something can be missing. Trading requires knowledge, skill and experience. People focus on the first of these which can be picked up through reading, watching...

A beginner should be trading the minimum. This is not a profound concept, it is simply a rational decision. Think of it as the initial test on the path to learning correctly. Many people fail this test. Your example is revealing. Al Brooks is a vendor. What is he selling? Answer: conventional...

That may be your experience but it ain’t mine. Before the availability of residential high-speed internet, I worked out of a trading office with other traders. Discussing performance was a daily occurrence within our small group. Outside of our group, why would we say anything? The office...