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  1. J

    Fooled by Taleb

    both for each.
  2. J

    I am getting my butt handed to me on a daily basis!

    the Types of trends are Set A, B, C and D. the knids of turns are a, b, and c. to find both of these. Print and bunch the pages of this thread. Leaf slowly while you read. you will find everything and it is printed in an order as well. you will have all the relational folow sheets to...
  3. J

    I am getting my butt handed to me on a daily basis!

    We already took a couple of laps on this in this thread. Lets take another one. there are two types of trends that are incomplete. Look at a trend flowing along and developing. Everything is normal and ordinary. A trend is atarting as a tyoe Set A trend. As usual an a turn...
  4. J

    I am getting my butt handed to me on a daily basis!

    In that case you will probably miss this post. I was making calls after the close for the next open and then I posted prints of the opening trade the following open. All of this was in an MAT account (One lead account and 9 linked-in accounts.) A friday, Monday and Tuesday were involved...
  5. J

    Fooled by Taleb

    Often people say they are lucky when they get capital extracted from Wall Street. (it is given to their cause). I never really think about who gave me the money. It just keeps being made available.
  6. J

    Fooled by Taleb

    ET is certainly a funny place. thanks for your post; I was worried for a minute or two.
  7. J

    hmm.no edges in the markets

    Are you niave? A lot of us have gone to Vegas. People sitting at our table swear at us. i always invite anyone in my company to sit next to me and I will feed him chips to play. do you know how frequently pit bosses change out dealers when I am sitting at a table. do you know...
  8. J

    I am getting my butt handed to me on a daily basis!

    FYI Before apps and before cellphones a set of videos were made. this 10 1 hour set was archived on WWW. Each tape is in the form of the big box like things that plug into a TV. Still before apps the next set of videos that wre done were done using Camtasia in public. In parallel to that...
  9. J

    I am getting my butt handed to me on a daily basis!

    baro San is absolutely correct. the n- 1 turn is a "trigger" to turn on the search light. with the search light on you find the "confirmation" of the trigger at the exact moment of extracting the full offer of the market. In CW terms. we are one step ahead of the herd. For the herd a...
  10. J

    I am getting my butt handed to me on a daily basis!

    Here is how to drill to get fluent and have facility. 1. Look at a clean chart. 2. guess any trend beginning (prior end) on the chart. Pick five or so. 3. use these guessed EE's. A. assign the P1 on the EE or one the first appropriate bar following the EE. Learn trend segment...
  11. J

    Fooled by Taleb

    Perhaps for the next run you do with jem you could ask him to fill you in on the facts. Say forinstance, what was his intial capital. Or something like: did you ever compound profits? Let jem fill in some facts. Here is an example: 27K is position traded. profits are compounded...
  12. J

    I am getting my butt handed to me on a daily basis!

    for clarity, you may wish to add the turn types to "the Pattern which illustes the market cycle using Set C the normal type. If you wish you can also create variations on the "normal" where the cycle has incomplete trends in one or both parts of the cycle. Nodoji posted a CL chart in the...
  13. J

    I am getting my butt handed to me on a daily basis!

    This reply will be very important to you. Our approach provides certainty in trading. The central theme of taking the full offer of the market is the certainty that you know you know all of the time. My original intent was to have purposeful learner discover how the lay the foundation...
  14. J

    Fooled by Taleb

    I have spent the time minimizing luck and eliminating prediction. Your d (luck) / d (prediction) differential is different than the original d (predictiond) / d (luck). Interchanging the paradigm's independent variable and dependent variables changes all. For me the future moves into the...
  15. J

    I am getting my butt handed to me on a daily basis!

    Both of you are bringing out the matter of tick diferences versus the way a Best Bid/best Ask difference looks. If between a new bar and a prior bar there is a tick difference a degapping is required. If the change is from Best Bid to best Ask or vice versa no degapping is required. you...
  16. J

    I am getting my butt handed to me on a daily basis!

    You are correct and your comments are very helpful.
  17. J

    Fooled by Taleb

    Please enjoy making fun of me. Market myths do not help learners. Comparing luck to prediction was a way to create market myths.
  18. J

    Fooled by Taleb

    As a clown, I feel (using my stat training here) that comparing luck in trading with predicting in trading is not a good use of staff time. With regard to publishing such a comparison, I would never quibble about the statistical techniques that were published. Getting published is running a...
  19. J

    How good of a trader do you need to be to make a living?

    The potential trader begins knowing two things: 1. The market is open 240 days a year. 3. The market is always correct and is always making an offer. So a partnership agreement is reached and the potential trader picks a path at a fork in the road: 1. He tries to learn how to get...
  20. J

    Fooled by Taleb

    So a guy writes about two market operating items that are insignificant items. Then he gets editors to put it on the publication schedule. This is how the myths you believe get created. There are footnotes there as well. The myth torch will never be extinguished. Do you trhink...
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