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  1. J

    Spydertrader's Jack Hershey Futures Trading Journal

    Here are some thoughts on the two pics you had in your post. The lower snip starts out well. But you pause in annotating as the dom traverse begins yet once again. Were you to draw it you would see the ftt you typed is a good one for the missing annotation on the dom traverse. A non...
  2. J

    Publicly Known Strategies

    I'll stick with "sweeping service profits".... the broker industry is making money from services and not from being in the markets. The service groups to the financial industry make profits from services related to volume of activity. If you want books on failure, do what I do, track...
  3. J

    Spydertrader's Jack Hershey Futures Trading Journal

    The charts you are posting are very helpful. Thank you. January is the month that we are devoting to the P and V of ES to get straight the P, V relationship. By having this down cold, As MAK says by slicing and dicing, we get to be in the groove and very comfortable. To do the job...
  4. J

    The road to becoming a successful Trader!!!

    I-10 South to Prince St. exit.
  5. J

    Publicly Known Strategies

    This is a very interesting quest you have taken upon yourself. With a three day weekend, I'm spending some quality time myself following a different tack than yours. Over the next few months we will probably cover the same turf by going in opposite directions. It will be interesting to...
  6. J

    Simplest charts?

    lol..
  7. J

    Comparative Advantage

    My goal is to trade the ES to take all that is offered by price change from the pool of capital and put it in my account. Softly, and without any antagonism regarding other participants. The ES moves according to the S&P cash index and one of its valuable functions is as insurance for some...
  8. J

    Comparative Advantage

    Larry, a local resident, is defining a term that is applicable to a view of trading in markets where the participants are all operating in relation to the conventional orthodoxy. This is a fine way to reason and operate but it is no longer the whole consideration for traders. It is the norm...
  9. J

    edge...

    Thank you for your comments. They are right on the mark for what edge traders believe and especially what pattern traders believe, in particular, for patterns that end with BO's. Your comment "What else do we have?", I regard as not the conclusion that a person like the OP would draw but...
  10. J

    edge...

    Here in ET people speak about 80 different edges. They call them edges and they feel that they come and go for a set of reasons that they have defined. Those three things you listed aren't what constitutes or contributes to making money. The one monitoring subject that you mentioned...
  11. J

    George Bush Iraq speech tonight

    surge and stay....lol
  12. J

    Emini S&P daily volume

    What is real about markets is how big they are and how money is made. In the ES, who is doing what is more important when looked at from the opportunity it represents. "E mini and the daily volume" is the topic. Some people look at the day's volume a a single number others are viewing...
  13. J

    Spydertrader's Jack Hershey Futures Trading Journal

    I am making an exception here. The exception is answering this question. With respect to price and volume we are working off the P, V relationship. We are working in a way that has a "vector" aspect as put forth in the P, V relationship. This makes the question go away. That is, it is...
  14. J

    Three Pervasive Myths in the Trading World

    My custom is to respond to threads of interest and I'm sure you recognize that this doesn't happen until about page 10 (in ET pages) as a practice. For a thread to have any interest there has to be some substantive content that is related to the paradigm I advocate. You see that that...
  15. J

    Spydertrader's Jack Hershey Futures Trading Journal

    Nice carry over this am. You look well set to begin tomorrow too.
  16. J

    Spydertrader's Jack Hershey Futures Trading Journal

    As time passes the value of each line goes up. Imagine the youngest age of a person who could draw the lines and have them totally working on a computer in the back of a classroom. It's like having your son playing with the neighbor at age 5 in Switzerland and having him have trouble...
  17. J

    Three Pervasive Myths in the Trading World

    You can pick any color you want right after you see the elephants. Your choice to take a look and see what's there.
  18. J

    Three Pervasive Myths in the Trading World

    Don't be chicken, turn your computer on and step up and play. All it takes is some money to play and some knowledge, skills and experience. Some people lack one or more of the above; if you have what it takes its there in the room to take it. If you are in the room and not taking it...
  19. J

    Three Pervasive Myths in the Trading World

    Were a person to take a look at he years from about 1955 onward; it would be possible to conclude that there has been considerable growth nd diversification of markets and their instruments. We are way past dealing with sustained levels. the growth in every dimension is quite refreshing and...
  20. J

    Three Pervasive Myths in the Trading World

    Interesting thread. The three myths: Emotions are the root of trading problems; making a dedicated effort works; and loss of discipline Just seem to be foils for the points that are made as the reality; these include, presumably: Talent is important; acquiring skills is a real need...
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