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Codifying SCT
- Thread starter Joe Doaks
- Start date
Before it disappears, Jack's latest (emphemeral?) post:
"Neoxx is using Cash Cow version 1.1 as an answer sheet. This week he gets version 1.2 and then, we begin the version 2.n levels for Advanced Beginner and Intermediate, both of which are multiples of the ATR daily.
By having a chart that displays trades and the right side of the market bar by bar, Neoxx, in effect, has a real time answer sheet he can Camtasia for debriefing after hours. storing the Camtasias in a book allows him to have a record of the relationship of his em wave pc coherence, and ATS backup, his display trades and a manual four page log daily.
As lj pointed out there is a requirement to have all of this as a first recourse stading in front of the past established CW long term memory.
Trading is one of the greatest mind building experiences; a person cannot cheat himself in any way and become skilled or knowledgeable. What makes life so engaging is when a person like Neoxx becomes established and coherent. The tipping point going from fear, anxiety and anger has happened. Now he is moving towards support, comfort and confidence by using the foundation and tools he made part of himself. Having an ATS running along side his "work" is a way to reinforce his efforts. what he writes on the log's MADA sections is what is happening using a non corrolated ATS that gets the same non inductive answers using a different scientific basis.
The market is counter intuitive. The ATS uses indicators to prevent trades at the wrong time. This null hypothesis approach is not what is used to build the mind's differentiation. It is just like a geometry proff is used to know that you know by conducting the proof. trading is proactive on the other hand an uses signals instead of the null hypothesis status based proofs.
Status and signals the two tools of trading. Money is made during the trend continuation. Signals announce the takings that end a profit segment and begin a new segment.
It is very difficult to go from the fear, anxiety and anger of an ENTRY/EXIT emotional and intellectual state to the support, comfort and confidence of a hold/reversal emotional and intellectual state.
Most in ET have never been able to open their minds to any consideration except ENTRY/EXIT and the edge based building cross wiring in their minds by crating a long term memory first recourse based upon repeated failure.
Neoxx only makes have the ATR nowadays. What he makes is unimportant; it only doubles his capital every three days. It is only 500 to 1000 dollars a day per contract. This is not a measure of anything.
All he needs to measure is his ability to stay on the right side of the beginner coarse fractal. He has to take behavioral actions but 5 to 7 times a day. He just needs to have a first recourse in his long term memory that shows a channel overlap is beginning. One thing. One thing only.
His display must be annotated to see this. It is and he has begun to have a first recourse to a differentiated mental foundation; often he is coherent and in a parasympathetic state. He has monitored his emotions to find out what it is like to snse and be in a parasympathetic state. He spent the money to get the measuring equipment to do this just as he finally spent the money to get a color printer.
The sympathetic world of fight or flight CW which is founded on the OODA of John Boyd the fighter pilot instructor is the world of anxiety, fear and anger. Steenbarger uses OODA to instruct Greensppon how to behave to do 60 trades a day to make 10,000 dollars on 400 contracts.
Neoxx is doing the equivalent today with 5 to 7 trades using 10 contracts and he is NOT using a fighter pilot fight or flight sympathetic crutch.
Do you think it will be possible for steenbarger to get the message that inducing stress is NOT the way to trade? I don't think so.
How can a person be enabled to step away from the stress of OODA and the fear, anxiety and anger FIGHT OR FLIGHT engenders?
The answer turns out to be building the mind through neuro plasticity by using drills based on binary vectors that embody three principles of the market. A person has to begin with the simple notion of accepting what the market TELL's.
From October 2008 to the Present Noexx has had to deal with this. we posted in ET for four years to make this point crystal clear. The first page posted the indicator defaults used in the ATS Neoxx now uses as a backup answer sheet.
CW people who are ALWAYS in a FIGHT OR FLIGHT state; they NEVER ACCEPT WHAT THE MARKET TELL'S.
There is a consequence: THERE IS NO TRUST IN THE TRADER/MARKET RELATIONSHIP for any of these types of people.
What instills trust is NOT making money, consistently or otherwise.
ACCEPTANCE of what the market TELLs IS the first step of becoming a trader who is free of the FIGHT OR FLIGHT RESPONSE.
All FIGHT OR FLIGHT oriented traders also enjoy another consequence. they are continually subject to the BOHR EFFECT. This can result is a 50% oxygen deprivation in the brain during times of stress.
These circumstances and conditions make it possible for failure to take place. You can see that NEOXX's bottom line is that he is still only able to double his capital every three days given the market's current ATR's.
How many potential traders fail? Some do I hear. If you want to keep score just check and see if the posting content contains fear, anxiety or anger. Check yourself as you read; there are three posibilites: entertainment, learning, or a sympathetic CW response of fear anxiety and anger.
How will you feel in 25 minutes if you have not saved this post in word? Find out don't save it; don't even think about what you just read about someone else's effort who is only doubling his money every three days by compounding capital."
Jack, you say you don't practice the CW and don't trade edges. So how would you know what emotions we who do so experience? I sit at my screen all day watching price pachinko between S and R, about 80% of which levels are predicted on my charts. Oh, yeah, I'm stressed out!
I have now dispositioned the vast wealth I accumulated today (I cooked a hamburger and opened a DP), and have time to dispute with Jack. I can't believe he set himself up like that. Maybe he's slipping. But elementary logic never was his forte.
1) It is incredibly arrogant to call the ATS "Cash Cow", not to mention disrepectful to Mother Market, who, we should never forget, is a Grade AAA bitch
2) If Moo Cow "displays" trades, is that the same thing as "calling" them? If so, it is immediately backtestable with the addition of a few SLOCs to the existing code (that's what Chicken-Fried SCT does)
3) Neoxx needs "an ATS running along side his work" because he can't make heads or tails of SCT
4) "The market is counter intuitive"? Only if your intuition is wrong! That is, you don't get the flow.
5) "Neoxx is able to double his capital every three days"? By my rough calculation in a month and a half he'll be trading 1000 contracts. I look forward to seeing him on the tape. Do the math on when his taxes alone fund the entire federal budget.
How can anyone read such foolishness and not run away screaming? I reiterate that Jack is either quite mad or an infinitely more subtle satirist than I am.
1) It is incredibly arrogant to call the ATS "Cash Cow", not to mention disrepectful to Mother Market, who, we should never forget, is a Grade AAA bitch
2) If Moo Cow "displays" trades, is that the same thing as "calling" them? If so, it is immediately backtestable with the addition of a few SLOCs to the existing code (that's what Chicken-Fried SCT does)
3) Neoxx needs "an ATS running along side his work" because he can't make heads or tails of SCT
4) "The market is counter intuitive"? Only if your intuition is wrong! That is, you don't get the flow.
5) "Neoxx is able to double his capital every three days"? By my rough calculation in a month and a half he'll be trading 1000 contracts. I look forward to seeing him on the tape. Do the math on when his taxes alone fund the entire federal budget.
How can anyone read such foolishness and not run away screaming? I reiterate that Jack is either quite mad or an infinitely more subtle satirist than I am.
Thanks for the compliment, Tums, but I really WAS a Jack post. It's the new game, catch me if you can. He posted a beautiful screen shot of Cash Cow yesterday, and I failed to snag it. Won't happen again. Now is he pulling posts just to be cute, or like kiddie porn, just leaving it up long enough for fellow pervs to download it? I prefer to think that he knows I need a daily Jack fix, and takes pity on me. Also, since he posted on Tara, he may be sweet on her. We delusional old men are like that, you know. Anyway, Jack's style is inimitable. I know, I have tried. It's hard for a rational person to imitate irrationality. Any way, I am done pimping for him. He has a thing for Tara, so let them play.
Arthur is right, I saw a Jack Hershey post yesterday (didn't read it, it was so friggin long) and then I saw he had deleted it.
What's up with this game he's playing, pretty lame.
What's up with this game he's playing, pretty lame.
Pardon my reposting this from Neoxx's thread, but the complexity of SCT jargon, and the way Neoxx has add(l)ed to it are astonishing. But as always with SCT, it made me think: "What is MY vocabulary? Is it more or less complex? Am I just being a snot about it?"
So here is mine:
long
short
out
trending
sideways
voluming
running (momo)
bounce off support
bounce off resistance
retrace to support
retrace to resistance
break of support
break of resistance
confluence of support
confluence of resistance
shakeout
bear flag
bull flag
narrow range day
wide range day
I swear I think that's it.
So here is mine:
long
short
out
trending
sideways
voluming
running (momo)
bounce off support
bounce off resistance
retrace to support
retrace to resistance
break of support
break of resistance
confluence of support
confluence of resistance
shakeout
bear flag
bull flag
narrow range day
wide range day
I swear I think that's it.
Attachments
This from sweet Tara's thread...
http://www.elitetrader.com/vb/showthread.php?threadid=151333
<hr>teasinggtara
Registered: Jan 2009
Posts: 36
01-24-09 06:41 AM
Over this weekend I'm going to explain how to hypnotize someone. Then I'll look at Jedi Jack's hypnotism and you'll understand why Jack sticks to a formula when he posts.
You'll discover why Neoxx exhibits the perfect personality for becoming a cult member and why he can't criticize his mentor, no matter what - everything is internalized.
Then we will look at how Jack perpetuates his fraud and what happens when you call a fraudsters bluff. Remember success of the fraud depends on how close it is to the perception of truth.
Finally, part time dancer and trader, Tara is going to ask Jack to rise to the challenge and trade against.. ME! lol.
I couldn't beat an average trader at this stage in my career, but I'm convinced I'd leave Jack in my dust.
<hr>teasinggtara
Registered: Jan 2009
Posts: 36
New Post 01-24-09 07:54 AM
Jack is very accomplished in hypnosis and uses a Signal Recognition System so he can see from the feedback when he has someone on the hook.
That's why doesn't actually respond to posts. Instead he sends out his message. Noexx is completely hooked and once you learn the basics you'll really enjoy reading Technical Strategy to see Jack's skills bearing fruit.
You'll understand why Tums as a unbiased moderator is so defensive of Jedi Jack he even broke Internet etiquette and posted my IP address and location (since deleted). How could I have touched a nerve so sensitive?
This is not going to be training on hypnotism but more of a look inside a dark world that uses the Authority Strategy followed by Destroying Resistance with Stories, Trance Formulas how to Lead Irresistibly to perpetuate a fraud. It's like a gun can that be used for good or evil and you can make your own mind up about Jacks methods and motives.
Everything that Jack demonstrates is Hypnotic. There's never going to be a demonstration of Jack's technique because that would end it all there and then.
So if you want to really see what Jack has learned in 50 years of trading countless successful students... don't miss this week's posts.
It's going to be an eye-opener. And Jack, I know you read this. I'm going to open you up like and electric can opener with a can of worms. But of course you can stop me dead and get big apologies from me - trade against me.
Let's see what you can do before I show what you really do.
<hr>
Don't miss next weeks episode of the Tara-Jack Romance.
http://www.elitetrader.com/vb/showthread.php?threadid=151333
<hr>teasinggtara
Registered: Jan 2009
Posts: 36
01-24-09 06:41 AM
Over this weekend I'm going to explain how to hypnotize someone. Then I'll look at Jedi Jack's hypnotism and you'll understand why Jack sticks to a formula when he posts.
You'll discover why Neoxx exhibits the perfect personality for becoming a cult member and why he can't criticize his mentor, no matter what - everything is internalized.
Then we will look at how Jack perpetuates his fraud and what happens when you call a fraudsters bluff. Remember success of the fraud depends on how close it is to the perception of truth.
Finally, part time dancer and trader, Tara is going to ask Jack to rise to the challenge and trade against.. ME! lol.
I couldn't beat an average trader at this stage in my career, but I'm convinced I'd leave Jack in my dust.
<hr>teasinggtara
Registered: Jan 2009
Posts: 36
New Post 01-24-09 07:54 AM
Jack is very accomplished in hypnosis and uses a Signal Recognition System so he can see from the feedback when he has someone on the hook.
That's why doesn't actually respond to posts. Instead he sends out his message. Noexx is completely hooked and once you learn the basics you'll really enjoy reading Technical Strategy to see Jack's skills bearing fruit.
You'll understand why Tums as a unbiased moderator is so defensive of Jedi Jack he even broke Internet etiquette and posted my IP address and location (since deleted). How could I have touched a nerve so sensitive?
This is not going to be training on hypnotism but more of a look inside a dark world that uses the Authority Strategy followed by Destroying Resistance with Stories, Trance Formulas how to Lead Irresistibly to perpetuate a fraud. It's like a gun can that be used for good or evil and you can make your own mind up about Jacks methods and motives.
Everything that Jack demonstrates is Hypnotic. There's never going to be a demonstration of Jack's technique because that would end it all there and then.
So if you want to really see what Jack has learned in 50 years of trading countless successful students... don't miss this week's posts.
It's going to be an eye-opener. And Jack, I know you read this. I'm going to open you up like and electric can opener with a can of worms. But of course you can stop me dead and get big apologies from me - trade against me.
Let's see what you can do before I show what you really do.
<hr>
Don't miss next weeks episode of the Tara-Jack Romance.