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    ET and Its Discontents

    Wayne, the superego is alive and well on ET, in the archetypal patriarchal grey-bearded guru. In general, do you think that we traders' internal superegos have shriveled?
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    ET and Its Discontents

    Asap, were you referring to the mental masturbation so common on ET, or to the carnal kind? And could you comment on the sources of tension and disbelief in our "civilization"?
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    ET and Its Discontents

    We here are engaged in a grand psycho-social experiment. Traders, once a gregarious genus, fragmented into proto-individuality with the maturation of on-line trading. They reverted from a semblance of pre-civilized tribal unity to the primal instinct to kill or be killed, to eat or be eaten. Now...
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    Extraordinary Popular Delusions & the Madness of ET

    Fie, you moldering corpse! You are jealous that my master is famous and you are forgotten! Greatness will out in the end, here on ET, as in the world of science! ET cries out to Jack, as did John the Baptist by the river: "Are you he whom we have awaited, or are we to expect another?" Be ye...
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    Extraordinary Popular Delusions & the Madness of ET

    As the acknowledged master of delusion (I practically invented the concept), I wish to contribute my favorite in the realm of trading: the Complexity Delusion. Perhaps because so many modes of thought (subpersonalities) war inside most traders' heads at any given moment, the resulting gestalt is...
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    Orgone Energy

    If Reich were alive and working today, he would be hailed as a saint and savior. Alas, his last remaining significant adherent, the great Dr. Alexander Lowen, died some few years ago.
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    NQ Home

    As my time on earth dwindles, I increasingly experience phantasmagorical visions of death and renewal. Perhaps this explains my long-running phascination with ET. Tonight as I slept phitfully, I has a wintry vision of ET as a city of countless spires of threads, all covered lightly with a...
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    NQ Home

    Eusdaiki, how can I compete with you? So subtle! Tus as mes compliments! Je part. Souviens moi...tous partent.
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    NQ Home

    You are so clever! When you get all the rules down, let us know! It is ALMOST as simple as that. However, there is the SLIGHT matter of the preferred direction to trade....and of accurately estimating the volatility so that what you describe CAN work. In a nutshell, that is what I do, and now...
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    IB margin calculation really rediculous!

    Spammer, did you say TOS or POS? Piss off!
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    IB Customer Service is Poor

    IB doesn't want dumbasses like you who NEED support. Best brokerage out ther for SMART people. You need support? Go pay more for it somewhere else! Putz!
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    NQ Home

    Scott, you know me well enough by now to know that I only showed you my best trade of the day. I had my share of small gains and fortunately smaller losses. If I were you I would cut and run when you're down three ticks. I was having a hard time deciding which time frame's TA to beleve in.
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    NQ Home

    Frugi, Joe is highly opinionated, obnoxiously so, so I will save you the grief and give you the 30 second summary. Joe has NEVER tested ANY envelope system of ANY kind which worked. As he is wont to say, "The problem with volatility is that it's volatile." That is why I am very sceptical (in the...
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    NQ Home

    Frugi, it also has channelled quite reliably intraday, often initiating on H&S or double tops/bottoms. The double top at 1:39 ET was worth a nice piece of change. Thank you for participating, but would you please consider two requests for your attachments? ET allows 120K, so if would compress...
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    1000 Futures Contracts T&S entries

    That is not true of NQ.
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    NQ Home

    The downswing on that spike lasted 23 seconds according to T&S. Excuse my fascination with such events. I think that understanding them is important to setting stops for overnight holds.
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    Mentoring?

    The latter. Only way you'll discover something fresh, or at least unpublished.
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    NQ Home

    Eusdaiki, I am impressed at your accomplishments for your age. Well done! I do think that you and your office could benefit from having an older been-there-done-that trader come in to mentor. For example, if you don't know classical TA, that is a good place to start. Having someone explain tick...
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    NQ Home

    Frugi, I think that's also called a butterfly. I would say so definitely, but I just threw that book away. I noticed it also. One of my favorite fakeout patterns.
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    NQ Home

    Frugi, how to reply to such an erudite post? I shall not tarnish it with my gloss! But I must say that one of my multiple personality patients, Joe Doaks, once ran an exhaustive backtest of relaxation from the NQ VWAP and concluded that there is nothing there. I believe that poor deluded Enqueue...
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