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  1. J

    Errors in the Hershey Futures Method

    Never worry about being overly analytical. It is not in your deck. SCT does not use an entry/exit approach. Try to imagine as a limiting case that any entry compared to any exit at the same moment in time for the correct moment in time is is correct. That is, when looking at the proper...
  2. J

    Errors in the Hershey Futures Method

    This is so neat. You think that the OP posted an analytical critique. Very cool. Lets see how many others got hooked as well. Better still, lets see how many others didn't get hooked.
  3. J

    Errors in the Hershey Futures Method

    Your first ten words are not a good idea. This may be an invention or extrapolation of yours. So drop the first ten words and begin your thought process again. Anyone can freely change whatever they want. In your case you did the change and you now have something that is kinda flakey here...
  4. J

    Trading Coaches - Good, Bad or Indifferent?

    I parsed my response to you. So my question is - has anyone dealt with a trading coach and how was/is the experience? The experience varies very broadly. To be coached takes a readiness on the part of the trader. If a trader is ready to be coached, it takes about two days to "read"...
  5. J

    Technical Analysis Doesn't Work

    thankyou for making my point. As I stated the paper had a losy topic and the way the topic was reseacched (ertefacts..blah...bah) made any result other than a nebulous one be a possibility. Anyone can read the paper and see it is not a contribution of any sort at all The seven page...
  6. J

    Technical Analysis Doesn't Work

    continuation.... Now my comments to your post: By reading the above and a prior response I made to you in the thread Trend following.....Another Nail in the Coffin, it may be possible for you to reflect. Here is the post where I responded to you: 07-11-07 05:06 PM...
  7. J

    Technical Analysis Doesn't Work

    Here is the abstract of the Batechor and Ramyar (2004) from page 1. Roy Batchelor and Richard Ramyar Cass Business School, City of London September 2006 Abstract There is a widespread belief in financial markets that trends in prices are arrested at support and resistance levels that are...
  8. J

    Technical Analysis Doesn't Work

    What you can say is that you are not well read in the financial industry field. Read Park and Irwin (2004). They are mentioned on page 2 of one of the recent studies you said you did not understand (Batchelor and Ramyar (2006). This problem you have may very well be why you could not...
  9. J

    Technical Analysis Doesn't Work

    -------------------------------------------------------------------------------- Quote from jack hershey: Could you post a set of rigorous evidence that is accepted by other knowledgeable individuals in the investment community that supports this view. Then we can begin this thread with...
  10. J

    Technical Analysis Doesn't Work

    "To fully discredit something requires equally rigorous evidence, that is accepted by the other knowledgeable individuals in the invest community." For this thread the something is: "This is a thread dedicated to the principle that Technical Analysis (by and large) has little to no value."...
  11. J

    Trend Following--Another Nail In The Coffin

    I don't think so. He is an easy guy to "read". Furthermore, he fails to understand most of what financial professionals write. You can take anyone on ET and do a histogram of their knowledge skills and experience. Lets say you also have a set of milestones and branches that are...
  12. J

    Salary: Big 3 autoworker vs PhD college professor

    It would be nice to get the Prof's input on making money. A trader with some contracts can do trading and it can be compared to the automotive and academic community. 160,000 is an amount to look at. so is 80.000. I like to use 100,000 dollars as a number. I looked over several of...
  13. J

    friends want to learn trading, funny spectacle

    They didn't like the book. Most people expect to learn from a systems points of view if they are as you described.
  14. J

    Money management, is this all you need?

    Here are two lists of attributes of good and poor traders. The items are ranked. Most people begin to assess trading from the "otuside". At some point they actually commit to becoming involved. There are many forks in the roads they follow. A major one deals with what the effort being...
  15. J

    Will you readily buy the next dip?

    No, I'll reverse since I am riding the dip to make money.
  16. J

    Trend Following--Another Nail In The Coffin

    I wasn't responding to the details of the 2 minute snippet, particularly. Primarily, I was addressing your commentary and inquiry about the Covel snippet. His editing deleted your statement, unfortunately. So it goes. Covel referred to 5 Q's. they are Q's relative to a undefined (in...
  17. J

    Trend Following--Another Nail In The Coffin

    See Attached
  18. J

    Trend Following--Another Nail In The Coffin

    The 2 minute expression by Covel is a very poor statement about a topic. There are many many things that he does not know about trends. These things I mention are facts....facts about trends. If you have heard Pring speak, he is in the same boat as Covel. When you sit in a session on...
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