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Or you could just take a moment to think before you post next time either way works for me. :cool:

You mean you can't be bothered to look up the phrase "inferential statistics"? The use of statistics to make inferences concerning some unknown aspect of a sample population. Do you know what "inference" is or do I need to open a 12 oz can of verbal whoop-ass on you? You DO realize...

I realize that it is difficult to read and comprehend all the points a person may make. Even more so if you have a pre-conception about the poster. Let me re-iterate something just in case someone was listening. IF you use a reference, you have a better chance of seeing a bad entry in time to...

"Naughty"? What girls school did you graduate from Nancy? I think Jack's comments are understandable. If I had to deal with you "exceptionally talented individuals" on a daily basis, I think I would go postal myself. I hope thats not too "naughty" for you. Steve

No problem Chicken Parts. Wash trades are very important. To the extent that one develops their entry and exit skills, what used to be losers can be turned into wash trades. As regards Jack's System it is a matter of following directions. For myself, I use the ES as my reference during...

I guess I was attracted to the "Deadwood" comment. Jack may not remember but the last time someone (I) commented this way, Chicken Little decided to initiate a denial of service attack on this site. Apparently if you say the wrong thing to this poster he has a special way of bringing the...

At times visiting ET is like visiting another planet. I have no idea if any of you speak my language but here goes. I use simple inferential statistics I trade a set of specific markets Since I have been doing this, I have been profitable to such a degree that I haven't had to look...

While I would like to just let this slide, I guess I have to say something here. I have to admit that I haven't been on the MERC floor in years. But I still know 10 or 12 traders who work in Chicago and none of them use Fibs. By and large they make money working the order flow. The idea...

I tend to agree with you I was trying to establish a set of rules for people who might want to backtest so as to obtain a baseline.

Roberk I am not a fan of "weekend seminars". I think there are two problems. The first problem is "owned" by the student. Most/many students are impatient, and unwilling to put in the long hours necessary to learn and really internalize the mechanisms of the market. While the mechanisms can...

How does it work. Well to put it simply, one has to learn what a "test" is. To go a step further, one has to learn to distinguish between two conditions. 1. Test and then price "takes out" a price point, pivot, or fib. 2. Test and failure to "take out" a price point, pivot or fib For...

One thing that concerns me is when people distort the facts. When Roberk implies that Linda Raschke and/or Larry Williams are less than skilled, he is simply wrong. Both are skilled. Both experienced. Both can make money in the markets. I have seen it. What happens I think is that people...

Alright then Princess: Sorry you got your feelings hurt again. But when you say stupid things, when you fail to think before you post. When you fail to read and evaluate the text of a person's post. There is usually (at least while I am around) a price to pay. You didn't pay attention. My...

Hey: Check out Larry McMillan's published record at his website www.optionstrategist.com Larry is a good professional who plays a conservative game. I think you may have an unrealistic view of what can be accomplished. Look closely at what he has done and ask yourself what it would take...

Just for the record Exodus I don't post intending to offend anyone. I do intend to give people something of substance to think about regarding trading. None of your comments are responsive to any point that I have made. In other words, you have no clue. If you have something substantive to...

Don is a sharp human, who remembers Roosevelt's comment so many years ago (about 1932 if I remember correctly). I agree. There are very few things in this world I am sure of, but one is this "things are never as bad, or as good as they seem to be" Steve

Burn out happens when an athlete comes to the stage in life where that environment (sports) is no longer as compelling as it used to be. The best example I know of is Barry Sanders of the Detroit Lions. A very fine gentleman and a great (Heisman trophy winner, certain to end up in the...

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This is hilarious. Examples of silence. Here, just a sec. I will give you an "example" in my next post.

What I notice is lack of coherent comment on the move. Inability to understand how to put it in context. As it relates to the folks here on ET, that is understandable. They have little experience, nor any appreciation of historical market action. This kind of down move simply washes over the...