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Poor bastards Well for the first poster, now that you had your cherry busted you can apply to the local Sherrif for a carry permit. It would be wise and in most jurisdictions required, that you then take a gun safety course (so you don't accidentally kill yourself, a family member or innocent...

He's a sharp person and very eccentric. I think he has lost his touch (meaning his judgement is faulty) I have no idea why people would be so concerned. Every year, a significant number of fund managers lose their jobs for lack of performance, for inconsistent performance, or for using a...

You know if one "waits" long enough even Neiderflapper can get lucky and turn out to be "right" The question isn't whether he is eventually going to be "vindicated", but whether the folks whose money he is holding on to, will wait that long or take it out of his hands. I can wait, but ITS...

I realize that its not going to make a lot of sense to the crowd, but shocks to the system tend to cluster. That means that there is always a significant possibility that a social, political or environmental "shock" will hit during market hours causing IV to explode. If Neiderhoofer is short...

It is precisely because they are aware of the risks, that they are keeping Victor on a tight leash. People with funds to place, and those with obligations to their clients are often willing to risk a little bit with an eccentric like Neiderhoofer :D , however if/when they see him revert back to...

You seem a little dis-oriented. Perhaps the meds are kicking in. I have posted in two (2) threads where you have appeared spouting your strange commentary. Apparently logic has failed you here and you resort to the "stalking" comment. Having to acknowledge your disorder must be quite a...

Exactly. And the only buffer the poor guy has is his capital cushion and the hope that most of his clients won't send notes to redeem funds. I figure he has at most, one more shot. If he gets hit here again (and I suggest we are headed for 1220 or so) then frankly he is history.

You are pretty close to something useful. Just as a snowball accumulates momentum as is rolls down a hill, so the market responds to orders to buy or sell. Not just to absolute numbers but also to the speed at which the transactions occur. So what you want to do is to characterize how...

You don't need anyone to teach you? "She MIGHT be a good trader." "But you would "like to see more evidence before I take it any further than that". This is a kind of verbal "divergence" that the rest of us call "bullshit". I am sure you hear this all the time. Hey I don't want...

So a little more than 2 days ago, you were asking everyone in sight whether Linda Raschke had the qualifications to teach you to trade. Today you are expounding on how a money manager should handle risk. Nice comedy routine. You fit right in with the bullshit artists, now all you need are a...

I noticed this thread, and could not resist re-posting my original comment http://www.elitetrader.com/vb/showthread.php?s=&postid=1119954&highlight=Neiderhoffer#post1119954 Also I am particularly interested in this quote taken from the original post on this thread. "I have complete...

:cool:

OKay then I appreciate your patience and hope some of you will get something of value out of my charts and commentary. I wish you good luck now and in the future The rest is up to you. Steve

and on this last 5 min chart we have all three pivot systems in place, daily, weekly and monthly pivots. In addition I have put in a 10 period ADX tuned to the previous day's cycle. What you can see here is the way that price "revolves" or "cycles" around specific price points, specific...

Here is another chart with 5 min candles. What I have done here is to put in the daily pivots. Notice that the daily pivot, seems to bisect the trading range that composed most of the day.

Finally we go to the 5 min chart. Here what you see is the LRC framework providing a basis for trading the day. As you can see, price opens below the midline of the LRC and then "tests" that midline. It succeeds in taking out the midline and then moves to test the previous day's first...

Now we go to the 60 min chart and you can see the way that price tested Monday's high, but could not "take it out". Sellers came in and marked it down. After that it was a case of "buyers strike". Sellers weren't trying to sell it down, it was just that there were no buyers interested in...

Okay so this is a chart showing price on a daily time frame. As you can see, on this time frame the channel direction is "up" The size of the channel is approximately 1 standard deviation (for the blue lines) and approximately 2 standard deviations (for the black lines). The horizontal...

Hey: I would prefer no other posters for this please I simply want to offer a couple of observations regarding the use of LRC and channels in general. Then you can do what you want with it. Thanks Here is the first chart which is a weekly chart Although this chart goes back a...

Let me ask you a serious question I have noticed that all of your recent posts have been critical of new trader's attempts to find something to help them improve. It seems you never post anything that would help them yourself, but only drop in here to smirk and make fun of them. I wonder...