I can NOt follow the Trend

Flash,

I got a suggestion.

If you got this contrarian preference in you.

How about you only trade double bottoms and double tops ?

Assuming you know how to trade them correctly this could lead you to some progress.

If you need guidance in how to trade them, just ask, just not sure of your skill level.

The risk vs reward is great, the entry is very easy to spot, the stop is very easy to place and their success rate is good plus it's kind of a reversal/contrarian play.

Hope it helps.

Anek
 
Quote from jack hershey:

There are three concurrent trends every day that are blended from three different fractals. These 8 distinct combinations of concurrent interrelated and independent concurrent trends are what determine how to make money at optimum money velocities. See two items in first post.

Money velocities in making money are measured in units of points/minute on the ES for example. Around open, 2 to 3 points a minute is not uncommon. I have posted three correlated charts on this money velocity in the past. the charts explain what to experct at what time of the day and what skill level is needed to trade properly.

A 5 year chart is what measures how going to undergraduate college AND get an MBA over 5 years is measured. To pay the 100,000 a year tuition and perks, you trade the trends I am talking about with 20,000 dollars for about a week to pay for each year of college. A week of trading pays for a year of education.

What you are talking about in trends is the definition of buying power remaining unchanged for a five year period. The five year trend of an index simply defines what standing still in terms of wealth really means. You graph is the zero base line from which to step forth to begin to make money. If a person makes what you graph shows in five years, he has accumulated zero new wealth and he has no increased buying power in the true value of the use of money.

The notice if you are making money you need a semilog graph for an equities curve. Place the five year index on it as the reference for breakeven or zero growth in terms of real money. next put your actual curve on it. If it is less than a steraight line tipped from lower right to upper left and passing through an order of magnitude in more than 18 months you are not performing.

Skip the graph, you cannot do it anyway. Anyone who doesn't meet this criteria is passing up what the market is offering to be taken.

Graph what the market is offering to find out the asymptote of a non leveraged profit making system. Then plot leveraged charts. to see how making money really works.

Minimum peformance over time is defined as a straight line. Growth is defined as a line continually curving upward.

All of this is covered in the first form under exponents. remember graph paper? Did you make airplanes out of it or something?

There is a possibility that you, cash and flash cannot understand a word I am saying.
More...

Jack, I believe perhaps that's part of the problem. Their subconscious mind becomes scared because they don't really connect with the charts. They don't draw angles or count bars. They don't look at weekly, daily, hourly to determine the trend.
They can't throw their money away fast enough with sloppy entry and exit rules.

They want to be led to the greener grass where the grail awaits on a silver platter.

They're afraid to succeed because the journey is unfamiliar and painful.

Once again... they're afraid.
 
Quote from jack hershey:

There are three concurrent trends every day that are blended from three different fractals. These 8 distinct combinations of concurrent interrelated and independent concurrent trends are what determine how to make money at optimum money velocities. See two items in first post.

Money velocities in making money are measured in units of points/minute on the ES for example. Around open, 2 to 3 points a minute is not uncommon. I have posted three correlated charts on this money velocity in the past. the charts explain what to experct at what time of the day and what skill level is needed to trade properly.

A 5 year chart is what measures how going to undergraduate college AND get an MBA over 5 years is measured. To pay the 100,000 a year tuition and perks, you trade the trends I am talking about with 20,000 dollars for about a week to pay for each year of college. A week of trading pays for a year of education.

What you are talking about in trends is the definition of buying power remaining unchanged for a five year period. The five year trend of an index simply defines what standing still in terms of wealth really means. You graph is the zero base line from which to step forth to begin to make money. If a person makes what you graph shows in five years, he has accumulated zero new wealth and he has no increased buying power in the true value of the use of money.

The notice if you are making money you need a semilog graph for an equities curve. Place the five year index on it as the reference for breakeven or zero growth in terms of real money. next put your actual curve on it. If it is less than a steraight line tipped from lower right to upper left and passing through an order of magnitude in more than 18 months you are not performing.

Skip the graph, you cannot do it anyway. Anyone who doesn't meet this criteria is passing up what the market is offering to be taken.

Graph what the market is offering to find out the asymptote of a non leveraged profit making system. Then plot leveraged charts. to see how making money really works.

Minimum peformance over time is defined as a straight line. Growth is defined as a line continually curving upward.

All of this is covered in the first form under exponents. remember graph paper? Did you make airplanes out of it or something?

There is a possibility that you, cash and flash cannot understand a word I am saying.
More...

Um wrong again. In order to fully capitalize on the trend your buy stocks that outperform the market on an uptrend such as AAPL and use options to further bolster your returns.

But even an index ETF like DIA will outpace inflation. I'm surprised you didn't know that being that you're an expert an all.
 
Quote from stock_trad3r:

Um wrong again. In order to fully capitalize on the trend your buy stocks that outperform the market on an uptrend such as AAPL and use options to further bolster your returns.

But even an index ETF like DIA will outpace inflation. I'm surprised you didn't know that being that you're an expert an all.
More...

You still holding GS little buddy?:)
 
Quote from stock_trad3r:

Um wrong again. In order to fully capitalize on the trend your buy stocks that outperform the market on an uptrend such as AAPL and use options to further bolster your returns.

But even an index ETF like DIA will outpace inflation. I'm surprised you didn't know that being that you're an expert an all.
More...

NTRI, in 2006 had a three day trend on the daily fractal.

this meeans you buy it in the same way you buy AAPL.

You hold it through the three day trend. That is, you buy it in the late PM after you get a BUY signal from the indicator.

You sell it in the am as it's price peaks at the end of the trend.

You make 30% in 3 days on NTRI during its 3 day trend going from beigining to end of the trend.

There are 250 days in a year, trading wise.

For NTRI this happened 4 times in 2006.

30%, 30% 30% and 30%.

Do not add these %'s up. Compouind them.

You see that 3, 3, 3, and 3 days were used. This you add and also take into account on buy day and sell day you have sell and buy days for other tocks too. There is an overlap, effectively since the money is put to work the same day is is made available.

The portion of the year that is used to trade four times in this one stock is 12/250 conservati8vely speaking. As a % of the year it is a small perecent, meaning that this can be done many times during a year.

The compounded profit is 289% for a 12 day portion of a year. It is also worthwhile to note that the 30% gain on a couple of the trades involved entering late in the day a day before a gap up.

AAPL does not have the same characterisitcs of NTRI. I would never trade AAPL because it does not make 30% in three days four times a year. You do not trade NTRI because it has never shown up on your radar, nor does your radar pick stocks the day before they gap. Mine does.

You fit the mold of flash and cash. I am explaining to you carefully that you are not on the ball or close to it even. You are not even a trader, for example. you may never find out much in your life.

Cash and flash are great examples of people such as you. Look at them not getting anything at all and then imagine that you are just like they are. Then imagine that you cannot learn anything because you are "right" and so smart. You are making everything okay and great by how you operate. It isn't okay and it isn't great in reality.
 
I hear many mentions of learning how to trade...but no mention how. Where does one learn how to trade? Is Day Trading University a good school? Can day-trading be a consistent way to make a good living?
All advice appreciated..............
 
Quote from jack hershey:

NTRI, in 2006 had a three day trend on the daily fractal.

this meeans you buy it in the same way you buy AAPL.

You hold it through the three day trend. That is, you buy it in the late PM after you get a BUY signal from the indicator.

You sell it in the am as it's price peaks at the end of the trend.

You make 30% in 3 days on NTRI during its 3 day trend going from beigining to end of the trend.

There are 250 days in a year, trading wise.

For NTRI this happened 4 times in 2006.

30%, 30% 30% and 30%.

Do not add these %'s up. Compouind them.

You see that 3, 3, 3, and 3 days were used. This you add and also take into account on buy day and sell day you have sell and buy days for other tocks too. There is an overlap, effectively since the money is put to work the same day is is made available.

The portion of the year that is used to trade four times in this one stock is 12/250 conservati8vely speaking. As a % of the year it is a small perecent, meaning that this can be done many times during a year.

The compounded profit is 289% for a 12 day portion of a year. It is also worthwhile to note that the 30% gain on a couple of the trades involved entering late in the day a day before a gap up.

AAPL does not have the same characterisitcs of NTRI. I would never trade AAPL because it does not make 30% in three days four times a year. You do not trade NTRI because it has never shown up on your radar, nor does your radar pick stocks the day before they gap. Mine does.

You fit the mold of flash and cash. I am explaining to you carefully that you are not on the ball or close to it even. You are not even a trader, for example. you may never find out much in your life.

Cash and flash are great examples of people such as you. Look at them not getting anything at all and then imagine that you are just like they are. Then imagine that you cannot learn anything because you are "right" and so smart. You are making everything okay and great by how you operate. It isn't okay and it isn't great in reality.
More...

Those fanciful ideas are based on hypothetical scenarios that wouldn't work consistently in reality. Thanks anyway though.
 
Quote from jack hershey:

There are three concurrent trends every day that are blended from three different fractals. These 8 distinct combinations of concurrent interrelated and independent concurrent trends are what determine how to make money at optimum money velocities. See two items in first post.

Money velocities in making money are measured in units of points/minute on the ES for example. Around open, 2 to 3 points a minute is not uncommon. I have posted three correlated charts on this money velocity in the past. the charts explain what to experct at what time of the day and what skill level is needed to trade properly.

A 5 year chart is what measures how going to undergraduate college AND get an MBA over 5 years is measured. To pay the 100,000 a year tuition and perks, you trade the trends I am talking about with 20,000 dollars for about a week to pay for each year of college. A week of trading pays for a year of education.

What you are talking about in trends is the definition of buying power remaining unchanged for a five year period. The five year trend of an index simply defines what standing still in terms of wealth really means. You graph is the zero base line from which to step forth to begin to make money. If a person makes what you graph shows in five years, he has accumulated zero new wealth and he has no increased buying power in the true value of the use of money.

The notice if you are making money you need a semilog graph for an equities curve. Place the five year index on it as the reference for breakeven or zero growth in terms of real money. next put your actual curve on it. If it is less than a steraight line tipped from lower right to upper left and passing through an order of magnitude in more than 18 months you are not performing.

Skip the graph, you cannot do it anyway. Anyone who doesn't meet this criteria is passing up what the market is offering to be taken.

Graph what the market is offering to find out the asymptote of a non leveraged profit making system. Then plot leveraged charts. to see how making money really works.

Minimum peformance over time is defined as a straight line. Growth is defined as a line continually curving upward.

All of this is covered in the first form under exponents. remember graph paper? Did you make airplanes out of it or something?

There is a possibility that you, cash and flash cannot understand a word I am saying.
More...

for a minute i thought u were jack or spyder that is from the length of post :D
 
Hi Jack,
A book I have - The Elements of Successful Trading by Robert P Rotella 1992 - discusses optimization quite well and in essence concurs with the points you make!

Best Regards

Johno
 
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