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  1. J

    Market Depth patterns

    Vulnerability has entered the picture. Is this a time bound consideration? Menaing is it something that ebbs and flows as time passes for a trader who is in the market? I just do not look at being in the market over time as having a vulnerability factor. I know ability is part of the...
  2. J

    Market Depth patterns

    stfreak, Thanks for making your comments; especially the comparison by way of poker that you do. People are different in their sensory preferences to be sure. When I look at the scene in the way that I do, I see it as a continuous process. The poker seems to be more of a series of...
  3. J

    Spydertrader's Jack Hershey Futures Trading Journal

    This, of course, once when understood, the SCT method is the antidote to what is broadly called whipsaw. If one idea is learned in January, it is trading using FTT's. Here on the coarse forest level, you begin to build your mind to capture THE essential ingredient for success. FTT's...
  4. J

    how to identify the market type

    Try very hard to not get "stuck" on this level of trading. It is extremely important when you get to this fork in the road to take the other fork. Very Imperative.
  5. J

    Anyone going to the NY Trader Expo?

    Anyone know if ET is going to host anything?
  6. J

    Traders Goals

    The market tells you what is possible. You put that in a compound interest formula. You put that in a business plan. You have to escape the convnetional orthodoxy to become very wealthy in a short time. You have to understand that this conventional stuff will never leave your mind...
  7. J

    Traders Goals

    I figure the ratio of stocks capital application to futures margin application to be about 1 to 50 in terms of return on capital. Flipping in stocks has a limitation of about 100,000 shares per stream of capital. So after a while you have to run many parallel streams. When that reaches a...
  8. J

    Traders Goals

    Here is a chart that covers trading and potental profits. The red line is the potential for any particular frequency of doing trades. The time scale is an exponential scale along the horizontal axis. The vertical scale is there to show the yield the market offers on the red line. The...
  9. J

    Backtesting

    Fine with me. your comment helps make a point about how it feels to use the SCT. It is not the "so good" orientation but the viewpoint of seeing what is there for the taking and working to extract it. It is simply there and I can't affect its flow but on the other hand I can apply cars to...
  10. J

    Backtesting

    I attribute periodicity to three independent variables of the market. It turns out that the lowest frequency is price. the period of volume is half that of price (Twice the frequency. I used this relationship to depict the P,V relationship in boolean algebra and a combination of two if then...
  11. J

    Price/Volume Relationship

    For what I do (SCT) and on the charts I use, volume leads price with respect to the signals that my display gives me. I extract money from the market continually by reversing at the time the market changes the sides. The 5 minute chart fits nicely into the frequency of my data collecting...
  12. J

    Simple Profitable Method

    lol....
  13. J

    Market Depth patterns

    Great set of Q's. The visual (worth a 1000 words is a giant key to "reading" the DOM. Seeing the numbers and the depth conditions just doesn't hack it Two visuals work together to give you: 1. The present status 2. the next move coming up (leading indicator of status). About...
  14. J

    Price/Volume Relationship

    We both want to be operating from the informed point of view. The Herd is sometimes referred to as the people who follow (retail types in many cases). They are often called uninformed as well. The high velocity level of trading that I am referring to (See your characterization) is front...
  15. J

    Price/Volume Relationship

    The views of the people you speak of have fairly specific ranges of ROI over time. They are operating, as you do, in the conventional orthodoxy of the financial industry. Most people aspire to these levels of results through their trading beliefs and corresponding methods. There are...
  16. J

    CNBC $1,000,000 challenge

    Its a "close only" trading contest where only Long trading is allowable. The limit is 50 actions a day. A sell is an action and a buy is an action. You also have to trade by doing all sells before any buys. This helps keep the account full of cash. So it boils down to EOD trading at...
  17. J

    Backtesting

    I am rarely in a room or place where I can use EE training to discuss making money. It is an automatic for me to apply periodic functions and transformations to the data I have on display. In that way when turns are coming up I do the carving from either an odd or even harmonic point of...
  18. J

    Technicals indicators don't work for day trading?

    Here is an excel that covers more than intraday, but it gives a context. The comment that more trades is more mistakes doesn't ring true to me. It is necessary for a person in transition to trade only at his level. As more skill and expanded data sets comes into the picture, then more...
  19. J

    When futures lead, or trail, any meaning?

    it is set pre open every day. Go to indexarb.com for the offest (premium). The delta of the offset is a leading indicator of price given that there are four combinations of possible events. A continuous data feed is required and it must be coded to provide an intelligible display...
  20. J

    Historical Stock Market Returns

    It would be your personal choice and the time you are will ing to spend.
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