Fractal Theory I

[xioxxio]

I do believe that such development Would be priceless (huge value) for the financial traders of all around the world, maybe this is the reason why it is still not a public knowledge.

You have hit the nail on the head. It has never happened and probably never will. There is no upside in sharing this information. If you do happen to know the intricacies of this method why put it out there on a public forum for complete strangers. See picture attached, Jack was pissed. If you want to give back there are a number charities in desperate need of financial help.

I have read about people using pieces of the puzzle to fit into their trading systems/models.

 

[plantrader]

You have hit the nail on the head. It has never happened and probably never will. There is no upside in sharing this information. If you do happen to know the intricacies of this method why put it out there on a public forum for complete strangers. See picture attached, Jack was pissed. If you want to give back there are a number charities in desperate need of financial help.

I have read about people using pieces of the puzzle to fit into their trading systems/models.

Your post would then lead one to believe that anyone who is sharing this information doesn't quite have it figured out fully? Since, despite there being no upside to sharing it... a few have tried. Did they purposely leave out the intricacies, or do they not know them?

There are a couple upsides to sharing this stuff: 1) if you're using it as a funnel towards paid mentoring. 2) simply lending a helping hand (good karma).

 

[w4rn1ng]

Your post would then lead one to believe that anyone who is sharing this information doesn't quite have it figured out fully? Since, despite there being no upside to sharing it... a few have tried. Did they purposely leave out the intricacies, or do they not know them?

There are a couple upsides to sharing this stuff: 1) if you're using it as a funnel towards paid mentoring. 2) simply lending a helping hand (good karma).

I think it has not been shared yet because once you share it, it become of public knowledge.
For example, a hundred years ago people traded the stocks looking at the tape (just loooking the sequences of past prices, written in a number format), nobody had ever seen a chart.

Then one day somebody decided to invent (not really invent, let's say discover) the charts, and created the time-based candlestick (or bar) charts, with high low open close for every x minutes/days/weeks.

Now, today everybody use charts, nobody do trade looking only at the tape, such a big evolution!

Fractal development is the next evolution, years from now (can be a year or a hundred years) people will think about the past (today) when only 2 dimensional charts (x and y axis, the current charts we all know) were known, and think "how the hell did traders used to trade with this limited amount of informations contained in these 2d charts!).

So the sharing of the fractal theory development is a huge step forward for the trading industry, a step that i believe is worth billions of dollars, and no sane of mind people with this knowledge will ever, i hope, share to the public for free.

But there will come a time when somebody will have a proper monetization plan (how to make billions by sharing it?) and there will be no barriers anymore in the sharing process.

 

[plantrader]

I think it has not been shared yet because once you share it, it become of public knowledge.
For example, a hundred years ago people traded the stocks looking at the tape (just loooking the sequences of past prices, written in a number format), nobody had ever seen a chart.

Then one day somebody decided to invent (not really invent, let's say discover) the charts, and created the time-based candlestick (or bar) charts, with high low open close for every x minutes/days/weeks.

Now, today everybody use charts, nobody do trade looking only at the tape, such a big evolution!

Fractal development is the next evolution, years from now (can be a year or a hundred years) people will think about the past (today) when only 2 dimensional charts (x and y axis, the current charts we all know) were known, and think "how the hell did traders used to trade with this limited amount of informations contained in these 2d charts!).

So the sharing of the fractal theory development is a huge step forward for the trading industry, a step that i believe is worth billions of dollars, and no sane of mind people with this knowledge will ever, i hope, share to the public for free.

But there will come a time when somebody will have a proper monetization plan (how to make billions by sharing it?) and there will be no barriers anymore in the sharing process.

Good points. So far, nobody seems to have the finer points figured out as far as continuation vs reversal. At times it's simply a series of false starts as reversals, only having to be subsequently fanned (would mean failed trades in real-time). Sure, there are a couple tips such as being on-cycle vs off-cycle with volume sequences. And relative peak/trough analysis, but those topics are mysteriously never fully explained. Likely due to lack of full understanding. Like you said, X years from now it'll probably all be common knowledge, even the finer points.

Or, will it? If that was to occur, then the sheeple who pay for questionable "trading education", software, systems, etc, would not be nearly the massive money source they are today. It's huge business.

 

[midtown]

Your post would then lead one to believe that anyone who is sharing this information doesn't quite have it figured out fully? Since, despite there being no upside to sharing it... a few have tried. Did they purposely leave out the intricacies, or do they not know them?

There are a couple upsides to sharing this stuff: 1) if you're using it as a funnel towards paid mentoring. 2) simply lending a helping hand (good karma).

Upside number 2: Important point. I have seen successful traders enter threads with the generous intention to share their knowledge and when faced with hostility, cynicism, arguments or demands for proof, simply disappear. Often successful traders seem to have an intuitive sense that allows them to process complex information that cant be easily put into words.

 

[w4rn1ng]

Good points. So far, nobody seems to have the finer points figured out as far as continuation vs reversal. At times it's simply a series of false starts as reversals, only having to be subsequently fanned (would mean failed trades in real-time). Sure, there are a couple tips such as being on-cycle vs off-cycle with volume sequences. And relative peak/trough analysis, but those topics are mysteriously never fully explained. Likely due to lack of full understanding. Like you said, X years from now it'll probably all be common knowledge, even the finer points.

Or, will it? If that was to occur, then the sheeple who pay for questionable "trading education", software, systems, etc, would not be nearly the massive money source they are today. It's huge business.

It's not soo mysterious like many thing, and it have nothing to do with volume, really.
It's just a more powerful way of "charting" the market, one day every charting platform will have this included (like today they have the moving averages or the fibonacci), the thing is once it is public knowledge every average progammer will be able to code it and offer it (or give it for free), so the original sharer is not going to make money easily (as it become basically opensource).

I've thought about some kind of world patent (or maybe patent it in every country), this can give some help in keeping the creator rewarded over time.

 

[plantrader]

It's not soo mysterious like many thing, and it have nothing to do with volume, really.
It's just a more powerful way of "charting" the market, one day every charting platform will have this included (like today they have the moving averages or the fibonacci), the thing is once it is public knowledge every average progammer will be able to code it and offer it (or give it for free), so the original sharer is not going to make money easily (as it become basically opensource).

I've thought about some kind of world patent (or maybe patent it in every country), this can give some help in keeping the creator rewarded over time.

All true. Except, what about all the firms who make millions or billions on 'education'? I suppose all that stuff would still exist, because even with a theoretically perfect trading system most traders would still have a lot of difficulty (for mental reasons).

 

[xioxxio]

Very few people on this forum "are simply lending a helping hand". I persoanlly can only think of three; dbphoenix, jack hershey and spydertrader. These guys stuck around for years (some still do) and are true masters in their trading methods.

Hopefully others take the same path and do share and stick around.

 

[plantrader]

Very few people on this forum "are simply lending a helping hand". I persoanlly can only think of three; dbphoenix, jack hershey and spydertrader. These guys stuck around for years (some still do) and are true masters in their trading methods.

Hopefully others take the same path and do share and stick around.

The silence answers that question.

 

[midtown]

My sincere gratitude to Heroic for this thread. I appreciate how difficult as well as time consuming it is to put fractal theory into words that are precise and comprehensible. I admit I have spent years unsuccessfully trying to understand the material on this subject as presented by Jack and Spydertrader and to build a profitable system. The wisdom and scientific approach put forth in your posts in this and other threads has, I believe, given me the additional tools I needed to be able to bring it together. I already am beginning to see the market behave much more as I now expect. If you would, however, the attached snippet presents me with an inconsistency between fractal logic (as I understand it) and geometry that I haven't been able to resolve. I am obviously missing something or have made some assumptions that are incorrect.