Exact Science

Quote from jack hershey:

Yes it applies to all instruments in all markets, given sufficient liquidity.

3 Beta stocks ar a typical example. In no Beta terms you look at the next tier of ownership to assure you keep a high beta for money makng puposes. W. J O.Neill covered a lot of these bases in CANSLIM in HTMMIS.

For ES, if you look at low volume periods, you usually see laterals (blue boxes on TN, for example). Gander at the BO's of these laterals into the next Lateral. This is going from A to C and then to G on cycle 1 flow sheet. Usually you get a DOJI on the extreme of the Lateral and you are either taken out or you reverse on the DOJI.

What is the high velocity trader to do about making money. He has to use market PACE to decide how to get partial fills using the even harmonic characteristic at play. Five partials @ the PACE level of blocks on the T&S is what would be used. This block size shows up on the T7S as the largest blocks going through. There is a myth about having to rush so you space partials out 15 to 20 seconds apart at this time.

When pace is high, odd harmonics prevail. Then you have to turn to the DOM and the OTR charts. The S/S is the early warning system and first derivatives of the envelope of the S/S bars are used. the setting is that S/S runs 30 seconds ahead of all other indidicators of price including price. So you unload/reload (reverse) going into the spike across the spile and settle ASAP after the spike. Volume is ALWAYS peaking on LTL's, fortunately. This is the END of a dominant profit segment. basicaly by tapping the trade and setting the block size well ahead, you just keep getting fill after fill until the turn is all realized profits and you are now holding @ the 5 times PACE level.

I do not trade the troughs on reversals since sentiment remains the same. I usually hold through the trough between points 1 and 2 (a defined "retrace" and not a reversal) UNLESS the market pace is light during midday.

there is an exception: non trending days. Here the market walks out of RTL's in laterals. The rule for these laterals on high velocity profit making is to only trade extreme DOJI's in the laterals and to NOT trade DOJI's which are centrally located in any lateral.

I made more detailed flow sheets of the cycle 1 flow sheet. There you will see the addition of alpha, beta and gamma volume nodes. Also you will see the DOJI price considerations. These three sheets (11 by 17) are a way to add more definition to the cycle 1, 3 by 5 card word document already posted.
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Thanks, Jack. I will try to watch the T&S and see if I understand.
 
We went through the sheets in the Tucson trading group and did a Q and A and did the market trades by simming from bar 1 on after that. We caught up to the market at a certain point and did real time sim trading after that up to about 11 Tucson time. No losses were encountered as expected.

Tomorrow we begin sim (or real trading) bar by bar from bar 1 while concurrently logging. To prep, tonight everyone is building a log for today In hindsight) and making a record of the trades taken and their respective profits.

Two general themes were recognized: they system gets you into trades that make money and the system keeps you sidelined when money caonnot be made.

We also determinded that trades wuold exceed the daily golas on the P&L Excel by a wide margin. It was agreed to sweep excess profits to stock accounts using the Group maintained Universe.

We also reviewed cycle 2 and 3 and dicovered the same folw is involved for non dom trading with different signals. We also discovered the cycle 1 trades segway into the cycle 2 trades.

Cycle 3 is just doing the segways where 7 known nodes are involved.

We noted cycle 4 and five were primarily devoted to adding 10 contracts each ne cycle.

We looked at cycle 6 and saw it was just the application of cycles 1 through 5 to the leading YM of the ES.

Our group goals are to have platforms and account loaded by tomorrow (some IB switches are involved so we have best trading data flow on the platform.

Second goal is to be on correct side of market.

Third goal is to add a contract every 30 points of profit. (see P&L goals on right side of the Excel.)

We are shooting to complete cycles 1 through 5 by March. By March the PTSD book wil be wrapped up and the triple T training will begin to export the model all over the US.
 
Quote from jack hershey:



... bar by bar from bar 1 while concurrently logging.
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Thanks for your latest iteration of cycle 1 trading. Would you mind putting up a couple of logs so we can get a feel for your flow.
 
Quote from jack hershey:


Here is the exception, the lagging DOJI. DOJI is a "confirmation" choice and that is good enough to become a millionaire in little over 60 days using cycle 1 through 5 under full work conditions.
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This comment should be a red flag to all traders, such claims are routinely made by those that peddle dreams and delusion, ask yourself if Mr Hershey or Proflogic are millionaires, or better still ask them to provide proof that they have made any money at all let alone millions in mere months. It's truly sad to see people waste their time and hard earned money on such claims.
 
Quote from jack hershey:

harmonics.
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Also, can you discuss if odd or even harmonics can be anticipated. For example:

if p/v went dom/non-dom/dom/dom...can the non-dom harmonic be anticipated? In CW terms, this non-dom is sometimes a head, sometimes a double top and other times a right shoulder.

btw, thanks for the bold comment. I figured as much but seem to have a mental block about it at the moment.
 
Quote from pullback:

This comment should be a red flag to all traders, such claims are routinely made by those that peddle dreams and delusion, ask yourself if Mr Hershey or Proflogic are millionaires, or better still ask them to provide proof that they have made any money at all let alone millions in mere months. It's truly sad to see people waste their time and hard earned money on such claims.
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I think your statement is a red flag to all readers.

But it may not be a red flag to all traders.

There are several reasons for people to experience red flags.

I think my posts are a red flag to you because you haven't been around long enough to experience my posts in any other way.

For you, my comments would appear in your dreams, maybe.

Is there a "fix" for what your mind has been going through up to now and probably for your future?

History is not going to repeat itself for your sake or offer any fix to you. Looking into history is beyond your capability AND there is a step by step path your mind will follow no matter what. You have "walked your way right out of becoming wealthy in any way. You would say what you say as "talk" no matter what experience you were offered.

Making a million dollars is NOT a matter of much time.

You "missed out" on experiencing Darvas or Gary Smilth going through their personal experiences. You missed Bogle do Vanguard and you missed Cohen operating in Connecticut in Greenwich, etc...

You missed out on seeing William J. O.Neill start from scratch (500 bucks) and buy a seat on the NYSE in 27 months and then found IBD and sell 44K services to over 100 institutions.

A few years back you missed seeing a person ask a third party to examine my records for a day. A broker obliged the person who set up an unknown third party. The third party got the records by FedEx going broker to broker. They were for one day and for one stock. Each partial fill was there to see for that stock. They were high lited in yellow. I know because they were then forwarded later as a coutesy (without making copies, as I understand it).

These parties made public their findings.

What was found out was that the frequency of the partial fills fell behind somewhat. The consequence was the a potential 200,000 was left on the table. The net was only an average of 17 points each for 100,000 shares traded with 31 partial fills totaling 100,000 shares.

Did this prove that stops are not viable for trading? I suppose it did in a few ways. Someone who bitches about my suggesting stops are not important, is just someone like you who has no direct or indirect experience with money or trading as an expert.

So you mouth off about things that have been done and have been proven. Some people may believe you are making a point and putting up a red flag.

You are making a point and you see, for yourself, a red flag. All this means is that in your lifetime you don't get to ever play with people of a different staure than you.

People who are like you would be wasting their time in considering anything I stand for. Such people have made decision after decision and gradually their minds have slowly closed for their lifetimes. Irreversibly closed for the rest of their lives.

The mind is funny; it cannot be erased. Your beliefs you have will always be the first recouse of your mind to have the inference it does (long term memory that response to what you saw and then percieved).

On that day, three accounts of adult mentally challenged off springs were rewarded by profits since I had POA's for each of their accounts and they got the benifits. There were 8 other accounts involved for various purposes all of which indirectly benefitted people who needed free professional services. Those services were made possible by thsoe professions commiting 20% of their professional time to the benefit of others who could not otherwise have those professional services.

That profit taking was spread over 4 1/2 hours as a stock rose to its peak, hung at that peak and slipped a little bit down from the peak.

Then a person who knew of the call, had to satisfy his thirst. So he asked a third party to examine the evidence and THEN he asked me to have it provided directly to his third party. I obliged.

The SEC spent years citing me for insider trading because I showed on their computer radar (mulitple significant accouints a major brokerages.) It is not easy to straighten out SEC employees who are Fucking up. But it WAS done and they got straightened out.

No one needs to straighten you out. Keep and post your opinions. Why would anyone care about your orientation or the orientation of people like you? There IS NO REASON to care about you or your ilk.

What I care about IS what is important.

I care that people who need help get it by my sweat directly or by my empowering others to provide that professional help.

I want anyone who wishes to stand on my shoulders and get the job done because they can see farther and they can work harder.

WE work; you talk. Talk is cheap. The record is there and the work was being done.

I make the money; it goes to the benefit of others. AND I provide for our needs.

EVERY FUCKING DAY OF THE WEEK.

Get a new alias.
 
Quote from PTVtrader:

Thanks for your latest iteration of cycle 1 trading. Would you mind putting up a couple of logs so we can get a feel for your flow.
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We will post logs AND the corresponding charts.

Today we got thee wrinkles out of the video camera taping. today we focussed on the turn beginning at bar 5 and thereafter.

We did both cycle 1 and cycle 6 in parallel.

On the white Board we did a Q and A for each bar and portions of each bar according to the prior logging. Bar 11 ended page two of the log.

The raw videos are being converted to CD's each evening. We are keeping separate series on trading and educating.

A third non taped white board dealt with getting at least three accounts per traders running to cover displays and high velocity turns on profit segments.

I will omit trading with the group Wednesday but I will trade Thursday and Friday.

Individual trading will heppen Wednesday so that all members of the group can solo and journal their current growth level.

The 11 sheets recently posted (less 4 and 7) became operational for the group after two days of my contact with them.

Rolling out a "binary vector decision tree" is a very painless process and one of the virtues is no losing trades by always being in a state of "certainty".

When a person choses between two things in an order of events, then he is always opeating under 100% probability conditions. This is absurd for some kinds of people. Commonly those people's minds do not have the proper first recourse for what they are sensing. They are not going to change.

I do NOT work with people who are unwilling to pass it forward or are unwilling to help in solving local problems. This is a required mature mind set.
 
Quote from pullback:

This comment should be a red flag to all traders, such claims are routinely made by those that peddle dreams and delusion, ask yourself if Mr Hershey or Proflogic are millionaires, or better still ask them to provide proof that they have made any money at all let alone millions in mere months. It's truly sad to see people waste their time and hard earned money on such claims.
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even better still verify the claims for yourself by doing the work. At the very least you learn something about market structure without wasting your hard-earned money.
 
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