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Starz. I have thought upon it further overnight and have concluded that your system is untestable because it has too many rules. So I recommend that you trade it live, but with one contract only, and a tighter stop. If you MUST have that wide stop, scale in just after it fails to be hit...

This must be bad oil data. Up $2 overnight and NQ drops only 7 points? Historically it should be 20. If this is true, look out at the open. But I'm always wrong.

Oh. So if it's THAT simple, why don't you explain it? Doesn't look like Jack is. I explained my oil tick fuck for Wolfie. That was simple. I am going to be really embarrassed if Jack is SIMPLE. He's always saying KISS, but the method seems anything but. It always looked like nose to the...

Doji. Well, that was interesting. ET is a very strange place. Lots of weirdos, especially late at night. But I am confused about something. You were very clear about your entry rule, but not about your exit rule. Is it the inverse of the entry? If not I don't see how you avoid getting jinked out...

Steve. Thanks. But that sounds way too hard for me. I'll wait for the Cliff's notes version. All I know is that the more rules you have, the less often collectively they'll call a trade. But I am being argumentative. Oh, and ETLurker clearly was a fraud. I post some outrageous bullshit, but he...

Doji. Thanks for replying. I recommend that you look into Interactive Brokers. The roundtrip per car is under $5. Adds up in the long run. How long have you been paper trading this system? Mike.

And what kind of results have you had paper trading it?

You can trade several high liquidity futures for under five bucks roundtrip with that grubstake. But I stick by advice to have fun while you are young. Build up your liquid net worth, then trade so conservatively that there is little at stake.

Wow! After reading that list of what I MIGHT think, I can't remember what I DO think. I read all of Jack's posts on the intraday method. I printed all the posts which weren't rambling self-aggrandizing ego self-massages (that cut down on the printing considerably). I parsed them. I annotated...

Mex. Well, I knew Kalman filtering well enough at one time to supervise the design of fire control and guidance systems using it. But this stock stuff, I dunno! I do get terribly hung up when people ignore the basic assumptions when they apply it, like the measurment and signal noise. I haven't...

Steve. I have no beef with the swingtrading stock method. But the intraday method is soy protein.

Incredibly stupid to treat the market as a just stream of numbers to be analyzed for "signal".

Been there. Done that. Doesn't work. Those of us who REALLY know Kalman filtering tried that over 20 years ago. In fact, a correspondent from the B-Team who shall remain nameless told me Kalman himself tried it. If you wonder how he did, he still works for a living. Preaching to the Kalman...

"I have the resources, know how, and energy to do it single handedly." I am so pleased that Mako is so smart. The BB program is free. Hosting costs $9.95 a month. Setup is prompted. A man of vast resources indeed.

To all those who DON'T have me on ignore (thank you, NN), I am merely temporizing until the Sunday matinee Jack serial starts. Then we'll see who is serious here. Trading systems can be TESTED. IF they have rules, that is. Ignore works both ways. Pushing the ignore button makes you an...

Equalizer. I get my best trading ideas from my sexual proclivities and fantasies. I rarely post sexual analogies to trading any more because I get hate mail from ET females, or at least ETers who write like women. Perhaps it is just a happy accident that I can approach trading sadistically and...

Icky. Curse you! You are too smart by half! I am TOTALLY envious of him. And it is penis envy. My wife is only nine years younger than I am. But Liz is TWENTY-SEVEN years younger than Jack is! And a hot looking old broad she is, too, at least if you are my age. But make no mistake. He may be a...

Just like it is always happy hour SOMEWHERE, it is always trending in SOME timeframe. Chop is totally a matter of perspective. It is like beauty. If you get close enough to a fat girl, she doesn't look fat.

Icky. You've done your homework. But let me remind you of an interview which was published before you were born. Some punk kid like you interviewed Milton Friedman and asked him "If you're so smart, how come you aren't rich?" Milton curled that debonaire hare-lip of his and said "What makes you...

Moz. Right. In fact, I think it is perhaps the most important thing that Jack taught. It may even be the ONLY thing that he is right about. But he is totally full of it when he says you can lose NO money. Gotta be at least a tick (the spread). I think two to three before it hits you that the...