'71
The x, y, z and A, B C stuff is an organization method for making money using a systemmic approach.
SA (Systems Analysis) involves three components: the structure, the process within the structure and the ouput results of operating the process within the structure.
All persons go into trading and investing at some point in time. Then, at that point, they have a defined starting point with respect to the system that they will "operate".
The six elements above are articulated as a multilevel generation breakdown of compartments for stuff. A generation breakdown is the result where many levels of detail appear. I use 6 levels of detail
Thus, for a person to make a scratch start in making money and then proceed to attain level after level of increasing money velocity, this approach represents a possible approach that is worthy of consideration.
If a person approaches the opportunity from this vantage point for some period of time, then a lot can be known about how markets work and how people work and how the mutuality of these workings leads to effectiveness and efficiency in making money.
Once mostly everything that matters is articulated, then anyone who has done this finds himself in a neat place and then he can have a viewpoint that allows for most circumstances, situations and conditions.
This is very different than working to develop an edge.
I use this as a template. I have it available to assess where another person might be. Since all people go through some process to get to where they are, it is possible to visualize from what they say where they have been and not been and to see the effects of the process that they have gone through.
SCT trading is the result for me. And the transference of what this represents and its utility is a concern that I address most of the time. The distaff side of ET, is a real learning ground for me in terms of impediments to transference. I consider the iceman1 comments carefully for example. It is not just "shoot the messenger" stuff. I regard your baiting as run of the mill stuff that is roughly everpresent in forums.
What I focus on mostly, regarding transference) is why people cannot see that learning to trade is a process rather that the list you and other state as a litany. The term process refers to the rational sequence of gathering knowledge skills and experience to fill up the whole systemmic picture.
By knowing to "process" with minimum risk, you get to have wealth much sooner. Crossing the line of never having the possibility of losing money is a major milestone. To sit in a position where it is not possible in your life to lose money is a basic and strong reference point by any terms you want to use.
The market offers money. The trader takes that money ever more effectively and efficiently. It is a simple system of the market and the trader. Rules apply as stated under market operating rules. Data flows and is handled by monitoring, analysis, decision making and timely action.
The mind is the key. You fill it up with truths and become skillful enough to trade on sports memory.
This thread focuses on improving trading skills. Improving trading skills can only be done when the mind is being filled up carefully with what is correct (true) about markets and yourself. Periodically it is required that an add and delete be done to be able to resume skills acquisition. The only thing is this. The mind does not have a delete function. It reorganizes instead so there is always a "haunting" factor.
Your functions at this time are being right( entertained, etc.) and baiting (expensing others). There is little that you make available to yourself for much of anything you show us.
I know what I post is helpful to others whether they like it or not. So I get shot a lot by others who have needs to shoot people. It is too expensive for them to deal with me otherwise.
I have spent about 50 years thinking about how to improve my investing and trading from a wholistic systemmic viewpoint. Fotunately, I participate professionally in a lot of other things and I usually am writing a few books to doing design work and inventing things, concurrently. Jumping over candlesticks and using my slingshot. As you put it I am entertaining mostly.
In grad school someone taught me that you make money by owning things and it is a lot faster than having a job where you get paid. From flat broke, it should never take anyone much longer than five years to have much more money than is ever needed if you view markets from a systemmic point of view.
4 out of 5 people regard this stuff as bullshit. Luckily for me I got to do it for real.
Learning to be an expert is a process much like a "do it yourself" kit where you start with an empty box and your average teenage brains. The trick is self testing yourself to know how to know and getting it right.
