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  1. J

    The 1 ES Point REALITY

    See attached.
  2. J

    The 1 ES Point REALITY

    Here is an advanced beginner level comparison on the ER@. I do not trade the ER2. Take your winnings and compare if you feel like it. It looks like you did three trades if the X's are entries and exits. If they are reversals then you did 5 trades and are still holding at EOD. Tell us...
  3. J

    The 1 ES Point REALITY

    07-28-07 11:00 AM -------------------------------------------------------------------------------- Quote from jack hershey: *SPM was garbage, for example. This is the informal learner-inventor at work. An MACD 12, 26, 9 is a pre PC default level of indicator. It is humor from...
  4. J

    A Strange Feeling Pt 2

    If you really want to scare the shit out of everyone put up the average bond charts, by classes. It's fun to see the usual flat line images cratering all over the place.
  5. J

    NYSE Volume - False Indicator?

    Volume on the NYSE is in question. If you are familiar with the progress the press has made over the years, you can remember how long it took the last financial paper relative to the first to get with volume on the NYSE. I would be going OT to make the suggestions that you need to consider...
  6. J

    Level 2 reading

    Good post. This demonstrates that yourika is humor. You do have to use a sliding window. I recommend +/- 9 ticks off the BBid/Bask. You also need to go one level of consideration farther with respect to time, players and the four levels of play. At any time only one of the four...
  7. J

    Plunge Protection Team

    You're looking at pm settlement. It may be possible to google it.
  8. J

    The 1 ES Point REALITY

    Quote from jack hershey: ...The most evident quests that are fruitless are those who show us how shortcuts to wealth is the modus. Here the mind is wrecked by a range of malady causing traits... --------------------------------------------------------------------------------...
  9. J

    Drawdown: What's your max threshold of pain?

    Plus 10 points per contract after the first hour or so.
  10. J

    The 1 ES Point REALITY

    swifty, You started to learn SCT on 01JAN07. The first month was January. At the end of January, you were half way through the first stage of SCT. This is called a beginner status. There was one concept presented in January and February that anyone could begin to master by working...
  11. J

    The 1 ES Point REALITY

    Your 300 plus posts are like a ball riccocheting (sp) around in a pinball machine. The smallest average profit per day on the ES which is possible is 1 tick. Daily Profits can be smaller on average when having losses on some days is taken into account. How small is 1 point a day? Read...
  12. J

    sentiment indicators

    rdm239, Try to think about trading as a rather calm experience. Price movement at anytime is a demonstration of all kinds of people doing all kinds of things. at of this point you seem to be seeing people in panic and are you clear on the fact that a bunch of these people are making...
  13. J

    Technical Analysis Doesn't Work

    continuation.... Simply stated: I look at what is there and I look at what I collected using TA based manual and/or automated systems that work in any market on any fractal for any instrument. TA tooling is capable, for systems that I use, to allow me to extract what is available either...
  14. J

    Technical Analysis Doesn't Work

    Thanks for responding to my post. For convenience I copied and pasted it below. In color, I added a couple of comments. Most people familiar with the financial industry do recognize the sub system that has provoked you. It has a great audience and many adherants. On the other hand...
  15. J

    Technical Analysis Doesn't Work

    Give Park and Irwin (2004) a read. They reviewed 92 studies. Among the 58 successful ways to use TA to make money that they reviewed, it turns out that prediction can be crossed off the list as a requirement to trade successfully. Also cross off using statisitics as a necessary tool for...
  16. J

    Errors in the Hershey Futures Method

    Let's keep it simple. You are characterizing what we do. How you did that is your business. Great you did it and you get to own it. Enjoy. Power and being powerful fits into a heirarchy. At the bottom is money. Above that is power. At the top is information. I am not into power...
  17. J

    Errors in the Hershey Futures Method

    Please post your charts and prints in the journal. Several people there will be very happy to coach you through the six levels of trading. If you wish, use other's performance as a measure of the transference of the approach. New ideas abound in the financial industry. Learning is...
  18. J

    Errors in the Hershey Futures Method

    People do different things with their money. I had "toys" just like every other young person trading the markets. Consort was the name of the sloop I owned in Greenwich. It was US122 registered in Gothemberg, Sweden as a "Kings Cruiser". I bought it second hand from the treasurer of Yachting...
  19. J

    Errors in the Hershey Futures Method

    Here is a chart of the six levels of SCT trading. The columns are self-explanatory. Level, trades per day, improved E, E*, H-L multiple, contract max for skill level. B, 4to7, N/A, 1 plus, 1 to 10 AB, 7 to 15, none, 2 plus, 20 BI, 7 to 15, none, 2 plus, 20 I, 7 to 15, 2 ticks at each...
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