After I went to the trouble to 'unsubscribe' yet another notice from ET that you had penned another missive. Look, my friend, summer is here (almost) which means weather is likely to be unpredictable (when isn't it?). I'm going into the summer reading schedule as well. In case of tornadoes I will swiftly retreat to the holler behind the house. As for tradin' today, I've got more on my schedule to think about. I am hopeful you will find some 'style' you can be comfortable using. Guess that's it.
Hypostomus Tests Jack
- Thread starter hypostomus
- Start date
Is this thread moderated? If so it should be closed.
the person hypostomus is in a place of "fear". He puts harmful pictures into peoples heads.
These hermetic posts show he knows nothing of making moneys.
he is just another ET limp noodle. A linguistic weenie.
He does not know what trasding is. worse he thikns he does.
Have a pleasant day.
the person hypostomus is in a place of "fear". He puts harmful pictures into peoples heads.
These hermetic posts show he knows nothing of making moneys.
he is just another ET limp noodle. A linguistic weenie.
He does not know what trasding is. worse he thikns he does.
Have a pleasant day.
Who says day trading is boring? My prostate is spittin' cotton from so much Jacking! At the time of this post, I am flat (in more ways than one) and poor Miss Price is screaming for help "I can't get away from sticky old Mr. V. Wop. I'm all tangled up around him! But he's hanging on so tight to Mr. Open that I can't get away." But by now nobody gives a shit, as the Vee Wop flatlined at 9:45 Pacific, and the suckers are all tapped out. But that's another system for another day.
Hypo, so you would like a system that trades more often? Prfereably all day? Why would people share with you that if you refuse to share. Hypocritical?
...how are you? Doing well I trust? Are you old enough to remember the Who song "The Magic Bus"?: "I waaaaant it! I waaaaant it!" I take it from your comment that you have not bothered to code up the NQ premium and look at it in 5 second bars alongside volume. Can't even GIVE it away! But I'll bet I could SELL it!
I read your posts and you seem to be a very pleasant and intelligent person. You are wasting your potential hanging around here with people who aren't serious, and worse, who have bizarre off-the-wall trading ideas. Best of luck with your own trading. Stay away from the obvious limitations of rigid mechanical system thinking and trade intuitively, from the gut.
Gotta run. I'm only on page 23 of my Bubba7 search and it's a tough read.
Best regards.
I read your posts and you seem to be a very pleasant and intelligent person. You are wasting your potential hanging around here with people who aren't serious, and worse, who have bizarre off-the-wall trading ideas. Best of luck with your own trading. Stay away from the obvious limitations of rigid mechanical system thinking and trade intuitively, from the gut.
Gotta run. I'm only on page 23 of my Bubba7 search and it's a tough read.
Best regards.
Hi hypostomus,
I got a couple laughs out of this thread and your command of the english lexicon. I also see that you are probably actually really trying to understand the whole Jack thing, otherwise why else would you be going all the way back to bubba7 reading every post. You also have the three ringed binder and all. It's a lot of work. So if this stuff is not working for you, I can understand this satiric approach.
I've read a lot of Jack too.
BATrader seems to have it dialed in pretty well lately, narrowing it down to four main themes.
And of those four I would point out that Jack has emphasized channels more than anything I have ever seen.
I am guessing channels are one of the more challenging concepts to code in order to backtest.
Can't say I have it figured out yet either. What I have I offer you. Recently I set up one minute bars and volume in qcharts. I also set up qlink DDE in Excel and wrote a macro where I can double click on a cell and capture NOW price to simulate buys and sells. I know this is not real life but heres what happened. Well, here is the equity curve of the gross over 742 trades.
It doesn't work because of bid/ask spread and commissions, but it is a very impressive bee line equity curve. It proves to me that the market is tradable. My challenge now is to somehow transfer the concepts I used here to longer holding periods.
The concepts were a combo of watching ticks and volume, channels, and a variation of the "two bar Jack" as an indicator of reversal but not necessarily as a point of entry and/or exit. Mainly i was trying to buy and sell the sides of the channels I could percieve, trying to guage velocity (speeding up/slowing down) with price and volume.
Above is a gross equity curve for some non-real-money scalping I did using Qlink/DDE/Excel. Below are the stats.
Double-clicking on a cell, I was able to capture NOW price for ES04M as I monitored a one-minute Qchart bar chart. Formulas then added up all buy/sell differences and charted the equity curve.
The over 700 trades in just over 7 hours felt comfortable to me, not to mention easy and fun. I did not feel I was trading fast or laboring. While the market could probably handle the volume I might have added, where this breaks down probably is the spread.
Oh well. I learned something. Now if only I can do this on a longer time frame...this is what is difficult for me.
4550 Gross
742 Trades
445 Minutes
1.7 Trades per minute
Sorry if I could not be more helpful.
JohnnyK
I got a couple laughs out of this thread and your command of the english lexicon. I also see that you are probably actually really trying to understand the whole Jack thing, otherwise why else would you be going all the way back to bubba7 reading every post. You also have the three ringed binder and all. It's a lot of work. So if this stuff is not working for you, I can understand this satiric approach.
I've read a lot of Jack too.
BATrader seems to have it dialed in pretty well lately, narrowing it down to four main themes.
And of those four I would point out that Jack has emphasized channels more than anything I have ever seen.
I am guessing channels are one of the more challenging concepts to code in order to backtest.
Can't say I have it figured out yet either. What I have I offer you. Recently I set up one minute bars and volume in qcharts. I also set up qlink DDE in Excel and wrote a macro where I can double click on a cell and capture NOW price to simulate buys and sells. I know this is not real life but heres what happened. Well, here is the equity curve of the gross over 742 trades.
It doesn't work because of bid/ask spread and commissions, but it is a very impressive bee line equity curve. It proves to me that the market is tradable. My challenge now is to somehow transfer the concepts I used here to longer holding periods.
The concepts were a combo of watching ticks and volume, channels, and a variation of the "two bar Jack" as an indicator of reversal but not necessarily as a point of entry and/or exit. Mainly i was trying to buy and sell the sides of the channels I could percieve, trying to guage velocity (speeding up/slowing down) with price and volume.
Above is a gross equity curve for some non-real-money scalping I did using Qlink/DDE/Excel. Below are the stats.
Double-clicking on a cell, I was able to capture NOW price for ES04M as I monitored a one-minute Qchart bar chart. Formulas then added up all buy/sell differences and charted the equity curve.
The over 700 trades in just over 7 hours felt comfortable to me, not to mention easy and fun. I did not feel I was trading fast or laboring. While the market could probably handle the volume I might have added, where this breaks down probably is the spread.
Oh well. I learned something. Now if only I can do this on a longer time frame...this is what is difficult for me.
4550 Gross
742 Trades
445 Minutes
1.7 Trades per minute
Sorry if I could not be more helpful.
JohnnyK
...thanks so much for your very helpful observations. It took me so long to algorithmize and code a "simple" buy-every-low-sell- every-high system that I can't bear thinking about the "simple" code extension to a trend system. So, having the absolute faith in Jack accessible only to drooling idiot, I am trading the simplest possible version of his system as closely as I can emulate it, and making money. I wrap my own systems around it for added confidence, and have some entry and exit techniques of my own. On the whole I have to say that semi-continuous trend trading is a lot more relaxing than episodic system trading.
Best regards.
Best regards.
...cries: "Git away from me you greasy Mr. Vee Wop! I can see that you're queer for that 35 year old Mr. QQQ!"