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  1. J

    Trading Without SCT

    Oh, yeah. Why should you bother to read my rants? Because I TRADE. Admittedly small, and admittedly scalps. But for real. Here was my last trade before the power went out for the day. Shitty service to trailer parks here. Make us pay in cash at the beginning of the month. Just what I like. A...
  2. J

    Trading Without SCT

    The purpose of the Journals forum reads: "The place for keeping a daily journal of wins, losses, and anything else related to your quest of becoming a better trader." But when I read the Iterative Refinement thread, as periodically I do despite my better judgement, I never see any trades, or...
  3. J

    Trading Without SCT

    There are many reasons not to trade SCT. I have adumbrated (in both senses of the word) all of them over the years, and will out of compulsion continue do so until I either die or get it. So you can imagine that I get a lot of love letters from the SCT crowd. They are all pretty much of a piece...
  4. J

    Trading Without SCT

    I am amazed this is still here. I thought it would have been deleted by now. Here's another nice little non-SCT trade for you, times Pacific. No channels, no volume, no reference to any other issue, no DOM, absolutely none of the 37-odd criteria which I recollect from full-blowed SCT. No nothing...
  5. J

    Trading Without SCT

    Here's an IQ test, SCTer's. Would you rather have RealGuasians (top pane in grey) that almost ALWAYS signal a move before it STARTS, or Jack's Guasians (bottom pane in black) that SOMETIMES signal a move when it is OVER?
  6. J

    I can write a program that will click on ET 24 hr per day

    You remember the song by The Who: "Nobody knows what it's like to be the bad man. To be the sad man. Behind blue eyes." C- kid is not T28. How do I know? Because I correspond with both of them privately. Both are very nice to you if you are nice to them. They have perfectly valid...
  7. J

    Trading Without SCT

    Chart attached, chart width is the full trade.
  8. J

    Trading Without SCT

    Just one more of many all day long in which I made over 3X the doily range, all without SCT.
  9. J

    Trading Without SCT

    Who said that? Yes, but Jack does not have a VuDu level at which he says "smoke 'em if ya got 'em". Whereas I have expended cornsiderable analytical effort developing stand-aside measures. You have to know when to go post on ET and when not to.
  10. J

    Trading Without SCT

    Which brings me to Trading Principle Number Four: Know when to stand ass-side. Real traders mostly scoff at the academic notion that markets are random. But in fact, if the volume is sufficiently low, or the price uncertainty is sufficiently high, or if market makers just want to fleece you...
  11. J

    Trading Without SCT

    I crank up the 15 second chart (sooooo slow when you're flyin' high) and spit them trades out. Chart width shows the duration of the trade. Not far off from being totally inside a 5-minute bar, haha!
  12. J

    Trading Without SCT

    Here is how I trade when I am spun up on cola caffeine, hotdog nitrates and frito salt (trader's health food), chanting "3x daily range, 3X daily range...". Times PT. Chart to follow.
  13. J

    Fatigue

    Yeah, and justb last week I tossed all my old french curves. Man, if you couldn't fit the data with those, the experiment was bad! Ah, the days of fried donuts and ice cream at 2AM!
  14. J

    Trading Without SCT

    Hmmmm, Mr. Black, that technique looks strangely familiar...Moderator!!!!!! So much so that it brings to mind Trading Principle Number Three: Trend lines and channels are totally imaginary. Most reversals occur at recognizable major price support and resistance. And the long bars and high...
  15. J

    Trading Without SCT

    Oh, now you are dicking with an old man! But since you mention it, let me explain to SCT traders Trading Principle Number Two: The markets are not eleemosynary societies. The phallusy of "pool extraction" is naive in the extreme. Market order traders don't make the markets, limit order...
  16. J

    Quit Banning Trader28

    We would expect nothing less of you. But what a sorry sworry that would be. Me in my overhauls and T28 in his floppy expedition hat. Re T28, he was banned today but was back in seconds, with no discernible lag in posting. A truly fascinating guy if you take the time to get to know him. And I...
  17. J

    Trading Without SCT

    The wholesomeness of SCT traders gags me like warm buttermilk. But, yes, I am FOR several principles in trading. Trading Principle Number One: Respect pure price. Price, like YHWH, says "Have no others before me." Do not look to any other quality or quantity to lead price. Not that this never...
  18. J

    Fatigue

    That's our boy! Maybe we should all get invites to the next one. I could show up in a sheet with a hood.
  19. J

    Trading Without SCT

    MBS/JJ, thanks for explaining. You show a funky shit chart like that and you MUST be a trader!
  20. J

    Trading Without SCT

    OK, JJ, jive an old man. Do you really expect me to believe that chart and those trades? What is TY, and is that an accurst equivolume chart? Definitively NOT SCT trading, haha! What will newbies think when they read this thread, they who thought SCT was the only way to trade?
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