ES Journal Archive (2006 - 2008)

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Quote from m4a1:

johnbob i understand what you're saying but do you think that waiting for the bar to close will lead to many poor entries? i cannot find a good example right now but lets just use yesterday's 2:45 bar as an example. look at how much of a move you would have missed if you waited for that bar to close.
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It is a study you have to do. Based on the particular indicators and signals you use, what are the costs/benefits of anticipating a signal?

But then have you added another rule and complicated your system and added stress to your life for some marginal gain? Like I said, it is a study you have to do.

JB
 
Quote from romik:

My2cents, of course I will be interested, but...

Somebody PMed me a link to a company's site where they provide similar data to yours for a substantial fee, question is why would I need to invest in such a service if grails (OK, perhaps not as 'bullet proof') provide good enough trading signals and if sense is applied, not just reversing every single pattern on short TF (which also showed profitability by the way) provide a very good win/loss ratio.
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Good point, listen, you don't need to invest in any service. You need to develop your own tools that fit you and your personality. Individual tools that satisfy your needs and goals.

I'm always amused by the services available because often they utilize a one size fits all approach and always have an excuse for why their system didn't work that particular day. Don't get me wrong, some services are really good just that 90% are crap.

Every tool I use I've developed myself over time. I've had some excellent mentors that made me work hard to find the answers I was looking for.

Maintain your focus. You are doing this for yourself, not to make someone else rich.

my2cents
 
i cannot test this statistically but my observations so far tell me the cost is not marginal. if you disagree i am very interested in how you reached your conclusion.

Quote from JohnBob:

It is a study you have to do. Based on the particular indicators and signals you use, what are the costs/benefits of anticipating a signal?

But then have you added another rule and complicated your system and added stress to your life for some marginal gain? Like I said, it is a study you have to do.

JB
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Quote from my2cents:

Good point, listen, you don't need to invest in any service. You need to develop your own tools that fit you and your personality. Individual tools that satisfy your needs and goals.

I'm always amused by the services available because often they utilize a one size fits all approach and always have an excuse for why their system didn't work that particular day. Don't get me wrong, some services are really good just that 90% are crap.

Every tool I use I've developed myself over time. I've had some excellent mentors that made me work hard to find the answers I was looking for.

Maintain your focus. You are doing this for yourself, not to make someone else rich.

my2cents
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To be frank, I am still in the dark regarding your time pivots, just as I was at the time when you posted them. And now you have mentioned 12.04.37 I am totally confused as to WHERE you see it. No point 'making the jump' without a safety harness :)
 
Quote from romik:

To be frank, I am still in the dark regarding your time pivots, just as I was at the time when you posted them. And now you have mentioned 12.04.37 I am totally confused as to WHERE you see it. No point 'making the jump' without a safety harness :)
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...my2Cents,

I agree with Romik here... i checked NYSE Tick, Trin, AD/DL, VolD, etc. and PREM...

Also karma (what you sow you reap) is an effect of Dharma (right living - Golden Rule) just as an aside...

cj...

:eek:


HAVE STOP <img src=http://www.enflow.com/p.gif> WILL TRADE
 
Quote from m4a1:

i cannot test this statistically but my observations so far tell me the cost is not marginal. if you disagree i am very interested in how you reached your conclusion.
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No, no. I have no conclusion at all!

Romik says, "You can't jump the signal", and you say, "Yes, but sometimes I would make more if I did".

I'm saying you have to measure it, keep a log (perhaps) of "early" trades. You cannot rely on selective memory.

JB
 
but the problem is that the grail signal isn't clearly defined. the general framework is defined but as we have seen there are lots of nuances. b1s2 seems to be the only person who can call it accurately. i am still trying. if i keep a log now i will be logging the non-grails as well.

btw that's not what i said and it also isn't in the correct context.

Quote from JohnBob:

No, no. I have no conclusion at all!

Romik says, "You can't jump the signal", and you say, "Yes, but sometimes I would make more if I did".

I'm saying you have to measure it, keep a log (perhaps) of "early" trades. You cannot rely on selective memory.

JB
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