Quote from csjohnson65:
Jack, if you had really been reading out of interest, you'd know that the methods Talon has presented don't require predicting market direction.
Yes we can agree, the methods presented do not require predicting market direction. The direction of the market in the present is a key ingredient. We both refer to it by a defined name. I like the fact that the thread has this commonality among the contributors.
You may have some experience where using a given method requires predicting the market direction. If you do, I think introducing it would broaden the conversation unnecessarily.
The topic of the thread is "How to research and verify trading ideas," not predicting market direction.
In my comments I have mentioned these very words, meaning the topic of the thread. I have not, on the other hand introduced "predicting market direction". To make a finer point however I have mentioned how the market has a known order of events that may be used by 12 yo's in teams. You may be introducing the notion that when I suggest an order of events and I am considering one of these events that there is an implication and inference that events ahead will be occurring. You would be correct if that had gained your conscious attention form my commentary.
In looking over what this thread is not about, I considered strongly that it was important to not address this set of concerns. I actually know many of the things the thread is not about will be brought up by others. I do not respond to these as a rule; here, though, I feel you are making an important point by establishing as you do the scope and bounds of the thread. Good work, we all appreciated it. You might want to PM the others who are dealing with the topics they interoduce that are related to their perception of me. How people perceive me is part of the thread as the opehas explained. He likes to introduce his additional views by constructively using me as an example of them.
One interesting comment made Talon related that he made to a new elf was how the 31DEC09 was unfolding and was going to proceed. I had picked 1110 as the L of ATR. My elves get an email daily and its construct deals with several factors. When I am in the presence of elves, I always am operating as Talon does. I regard communicating to them as specifically orientated to time and in specific relation to the present. It is known here as a "offset" and is measured in minutes. I am no longer allowed to as questions of them and particularly rhetorical ones. All for obvious reasons. Talon narrated his offset by implication and made a point. I wanted to know "more" about this offset. So I posted a comment. You read my comment as a comment on prediction simply because as you say no one knows what I am talking about. yoiu offered proff. Good work.
People who are in realtion to traders and their performance often accomdate the trading session by speaking substantive content that is offset into the future a little so that as the future comes into the present tthe elves are on that page and mentally operational.
As you see here I posted the key pics for making two decisons to take the short and to exit the short by carving the turns precisely. My verbage around getting those trading with me would be to point out the train of signals that were unfolding as the future came into the present.
Talon and I have a common view: traders do best went they are focussed on the ACTION. Offsetting dialogue assures this for the elves. doing this on Skype for you for a couple of weeks during RTH would affect your current powers of observation. You may not be in the Skype circuit, for all I know; I just am a participant who contributes.
Unless and until you are able to contribute to this thread with comments that are on topic, and more importantly coherent, please only post on your own threads.
this is a good admonishion and it may have application broadly, you excepted. I operate rather narrowly here in ET; I do not have any threads. The threads you see that you assign to my creation are mostly creations of others to make a given point. the systemic ones related to the methods, systems and applications are a coordinated effort of our leadership (above me in the heirarchy) and the ET volunteer management (moderators).
Talon, search on Jack's previous posts. If you give him the time of day your thread is all but done. Between he and his few followers, your posts will be lost.
This is your opinion; I hold Talon in higher regard and I feel he is an excellent, experienced and knowledgeable person. He also is able to instructively manage the turn of events in this thread. In fact, the tone and constructive nature of this thread may begin to set the standars for ET. We can all hope so. This thread has a high intellectual component. I feel putting my coments into the mix should largely be done as attachments which seem to subordinate me relatively speaking. You are a manager in this thread, so your commets do need to be up front and pointed.
Jack, I think your primary motive is to stimulate controversey. Whenever asked to demonstrate that your methods (supposedly refined over many decades) are profitable, you withdraw.
I construe this as an opinion and it is a common one. About 4 out of 5 people reject the systemic orientation, scope and bounds and practices and documentation we have. Those who are using such have come to the opposite conclusions you have adopted.
The reason for what you see and experience as my withdrawal is in the realm of filtering. Filtering occurs mostly because our interests are in using capital to solve local problems. If a person offers a simple proof that that is not his purpose, then thay are allowed to arrive at your opinion.
Earn our respect by posting on topic, providing a P&L or real-time calls (referencing your other threads), and most importantly, ensuring that your posts are clear and understandable. You already know that most can't understand what you say, but I think you enjoy that.
This period has past for you and others. Collectively, we have one way or other done each of the things you needed as those things were provided.
The present and future may contain posts. In terms of Strunk and White and the Chicago Style Guide, I can assure you that they will be clear, concise and crisp. The substantive content will still be in the realm of the scope and bounds of the Pool Extraction Paradigm and its applications: PVT, SCT and SSR. I will discontinue my traderzones polka dots and I will convert the QWD to SQUALID since ID's are more important than Detectioin my first developmental direction. I will switch from plywood to mahogany or rosewood as well.
It has been suggested that I work on a 12yo level and only use arithmetic elements like addition, subtraction, division and multiplication. This involves the coefficients of a power series of a given base. Here I have a reservation in that a lot of prople are unfamiliar with the proofs related to the magnitude of the first element (least significant) to which the coefficient digits are applied. I will not insist that a person post the proof, however.
With respect to rounding and significant figures, ET is unaware and unmanaged. You may not be able to invoke proper management of this either. So I will let that pass as a convenience to others. I will use the practice, however.
What I enjoy most is humor. Trading is fun and there is a lot of associated humor. I try to refrain from humor at other's expense, since it isn't funny. It is definitely not funny when someone doesn't understand me. My professional degree is in English and the science of communication and communication of science and technology. One of my research papers was on developing a distribution for success in transference of science and technology crossed with redundancy as a measurable variable. It is a standard in some places. Other contemporaries of mine were assigned other dimensions and humor was one of them. I adopted the use of those results. You may have confused seeing this flavor as an enjoyment coefficient in your constructive monitoring, analysis and conclusions about me. Adjust this if necessary.
I don't think you want do do any of the above, as it seems that it is your desire to create an ongong mistique that benefits nobody but yourself.
In the years that follow, I think the mistique you have discovered will wane for you. People I have met and who know who I am, find me to be just an older version of the man in the street. Police excepted; they insist I should not be driving such a powerful car for a person my age.
My view on this character aspect you have assigned to me is that I will focus on demystifying the mysteries that crop up in the dialogue in ET. Those pics you see of me on icebergs and wearing my boots and my jumper are not to scale and my monogram was script, white on blue and designed by Tiffany in the 50's.
Please, just leave this thread alone. It is one of the best threads I've seen on ET.
Certainly. I didn't see this requirement coming. Please let Talon know.
Chris