The text below in blue is from page 60 and by icarus618. Here, he comments on the basic scope and bounds of getting the whole picture that I view on the table. Essentially there are a lot of topics that form the whole and, as stated, most of them have not been presented so far. This is because of my prior orientation to work in the context of where others are operating strictly in the context of a support strategy for them.
What has been the result of all of this? And how should I go through the process of changing gears to lay out the whole picture as the better strategy icarus618 concurs would be of great benefit (growth in people).
I never started at the beginning because the newbie ET posts largely have a class of respondants that start people down the edge road and secondly have a very heavy B type person component there. Also when I first contributed here the B types posted in a 4 to 1 ratio compared to those working to learn. Finally, I was removed from the ET when for a week I responded in kind to these B type losers.
This thread has several revelations in it about how people see and do things. So I have learned a great deal. There are almost no detractors posting here as well.
My conclusion is that I need to post a few "BLOCKS" of basic foundation type material. And I will dig up some refence locations to the universities that have been archiving my stuff over many years. Also I will try to get the statistical and programming work referenced from the schools, groups and corporations who have used the various stuff they have adopted. Over the last 50 years I have come up with constructs or tools or paradigms that have specific targets for understanding given aspects of market operation. I never packaged these but I did keep records on their refinement and use. All of this material can be massaged having a goal of delivering to others in as clear, concise and crisp manner as possible.
By using a few BLOCKS of beginning basics, I will be able to establish a foundation that puts every one on the same page. Then I can dust off all the commentary I have done here (beginner the advanced beginner). Maybe something like a 200:1 compression for that effort. That will put us at the end of beginner level.
For intermediate, I am going to focus on facility of trading, building the mind, and completing all the knowledge and skill requirements. The context that I will use for that is the combination of the market operations and the trader operations. This will establish "the absolute obligation to share in these two responsibilites". By the end of intermediate I will have used about 35 books as references which will help corroborate the knowledge component.
To make moot "having to be right" as a focus on trading (as well as "having to be RIGHT"in general) I will look at the complex of intermediate accomplishments to deeply articulate how the "sharing" eliminates the possibility of the mind operating in the "having to be right" land ever.
Expert level has but one focus. That is: market data. There are two paths to entwine for this effort. This format will allow for a person to see how to go through learning to use real time market data. Intermediate gets a person to knowing markets deeply and thoroughly. Now in expert, the cause is to "turn the fully known market on" and operate as a fully compentent knowledgeable and skilled trader. One path is "What and How to do" and the other path is "What and How NOT to do". By starting down these paths from the beginning I will show how they frequently cross each other at critical market turning points and how to avoid changing paths at that moment. I posted the excel "yellow brick road" a couple of years back as a statement of the potential achievable efficiencies relative to the various fractals. Where an expert operates is a choice (s).
I have done a couple of trial runs on the extent, quantity, and the amount of time that is required for response by B types. It will turn out to be more trivial as time goes by. I really don't see any new elements of thought for consideration from that source at this point. Going to the levels cited above will be another barrier as well since there will be a lot of mental processing involved rather that just regurgitating.
So I will try to impart a lot of info in the form of blocks. That will set the structure and scope and bounds first. Then the processes to use and not use in that structure will be built. finally, we can focus on how to deals with results and their improvement through two measures: effectiveness and efficiency.
I am extremely indebted to a lot of people all over the place. My emphasis is trying to learn to transfer stuff to others. A lot of people have been very very helpful for that.
Quote from Grob109:
* * *
Actually I did. The decision was the primarly theme
The deal is to go from a descreet set of mileposts to a continuous process and look for "change". The sweep perview.
--------------------------------------------------------------------------------
This is the skill without which there is no consistency of money making. There are some major blocks to acquiring it. E.g., How do you convey believing in the absolute obligation to share responsibilities with the market? How do you convey avoiding having a singular focus on any particular market data? How do you convey removing being right as a focus in trading? None of the blocks are in the data sets the market provides, including trendlines. It seemed to me that this part of the learning wasn't completed the last time around. If you would continue with this discussion, it might promote a lot of growth in people.
--------------------------------------------------------------------------------
Quote from Grob109:
I felt that we had to go through a lot to get to the base line and start to build. Personally, I wish that I were more able to hook up with others by knowing where they are. But now I am getting to working, personally, on just laying it out.
--------------------------------------------------------------------------------
You've spent a lot of effort laying the foundation. Without chilling the discussion, what can we do to move to new territory building from what we have?
