Inventory Grab Alert 4/30/09!

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Quote from Ken More:

IF he is making the big bucks you guys think he is making, why is he dicking around with a "toy" plane? He should be able to buy a G4... I could see a used fighter jet like a Mig for example, but a "kit" plane, give me a break. Makes no sense.

I'm not making the big bucks but I kinda like messing around with these:

http://www.hpiracing.com/kitinfo/10053/
http://www.hpiracing.com/kitinfo/10515/

I love engines and I think I would probably never stop doing this even if I had the big bucks . . . it's a satisfying hobby for me . . . it's something I can use to satisfy my speed thrills w/o the risk of getting killed . . . then there's some pleasure in the repairs, servicing and the performance add-ons, etc . . . those babies tuned properly can do roughly 75mph . . . for context the size is about 1-1.5ft in length . . .

Check these videos out:

http://www.traxxas.com/products/video/5509jato33/
http://www.traxxas.com/products/video/4809n4tec33/
 
Well it looks like one of the better (probably best) threads on ET has done what usually happens = gone to complete shit.

I was about to say "I dont know why this happens.." But in all actuality I do know why it happens and its the same reason that 90% of traders lose in the market - cause your a normal human being and you wont take the time to change yourself, thus you will always lose at the market.

AMT - thanks for taking the time to post this information, your a very generous and kind soul in an industry that seems to be filled with quite the opposite. I am thankful for the "norm" because in the end its what gives that 10% a chance to completely fleece the sheep. People dont change (rarely) this is why markets exist and they dont really change much either. Sure, volatility changes but the underlying patterns and what causes them happen over and over.

You guys ruined one of the better threads (called live or ahead of time with quite stunning accuracy) and its sort of odd (but not really, cause your normal). Its odd because you say you want to learn how to trade and then you just cant hold back from being yourselves, thus biting the hand that feeds you. Silly indeed.... There was quite a bit to be gained from what AMT was posting. I am not saying mirror EXACTLY what he was doing but if you had some common sense you could really take some nuggets out of the general principles.


There is one thing to be gained from ET and that is the study of human behavior. If you take the time to do this, overtime you will start to see things that relate directly to the market.

Once again a sincere thanks AMT (and the rest of the posters that added value to this thread.)

PB
 
Quote from pinebilly:

Well it looks like one of the better (probably best) threads on ET has done what usually happens = gone to complete shit.

I was about to say "I dont know why this happens.." But in all actuality I do know why it happens and its the same reason that 90% of traders lose in the market - cause your a normal human being and you wont take the time to change yourself, thus you will always lose at the market.

AMT - thanks for taking the time to post this information, your a very generous and kind soul in an industry that seems to be filled with quite the opposite. I am thankful for the "norm" because in the end its what gives that 10% a chance to completely fleece the sheep. People dont change (rarely) this is why markets exist and they dont really change much either. Sure, volatility changes but the underlying patterns and what causes them happen over and over.

You guys ruined one of the better threads (called live or ahead of time with quite stunning accuracy) and its sort of odd (but not really, cause your normal). Its odd because you say you want to learn how to trade and then you just cant hold back from being yourselves, thus biting the hand that feeds you. Silly indeed.... There was quite a bit to be gained from what AMT was posting. I am not saying mirror EXACTLY what he was doing but if you had some common sense you could really take some nuggets out of the general principles.


There is one thing to be gained from ET and that is the study of human behavior. If you take the time to do this, overtime you will start to see things that relate directly to the market.

Once again a sincere thanks AMT (and the rest of the posters that added value to this thread.)

PB

Agreed...much thanks AMT. You are the MAN!

Terrific thread and it was greatly appreciated.
 
Yeah props AMT . . . thanks much, I have to say that while I am no expert, I did learn a thing or two reading this thread . . .

Thank you for sharing . . .
 
Quote from pinebilly:

Well it looks like one of the better (probably best) threads on ET has done what usually happens = gone to complete shit.

I was about to say "I dont know why this happens.." But in all actuality I do know why it happens and its the same reason that 90% of traders lose in the market - cause your a normal human being and you wont take the time to change yourself, thus you will always lose at the market.

AMT - thanks for taking the time to post this information, your a very generous and kind soul in an industry that seems to be filled with quite the opposite. I am thankful for the "norm" because in the end its what gives that 10% a chance to completely fleece the sheep. People dont change (rarely) this is why markets exist and they dont really change much either. Sure, volatility changes but the underlying patterns and what causes them happen over and over.

You guys ruined one of the better threads (called live or ahead of time with quite stunning accuracy) and its sort of odd (but not really, cause your normal). Its odd because you say you want to learn how to trade and then you just cant hold back from being yourselves, thus biting the hand that feeds you. Silly indeed.... There was quite a bit to be gained from what AMT was posting. I am not saying mirror EXACTLY what he was doing but if you had some common sense you could really take some nuggets out of the general principles.


There is one thing to be gained from ET and that is the study of human behavior. If you take the time to do this, overtime you will start to see things that relate directly to the market.

Once again a sincere thanks AMT (and the rest of the posters that added value to this thread.)

PB

Like elsewhere in life, you can either focus on the good or the bad and learn from both. AMT clearly took one side and thanks are in place. Personally, I would like to learn more from failed delta trades, but we've all seen mostly the winning trades. If/when AMT comes back, that would be my personal preference, especially in the market environment prevailing in the last several days. Several elements of the trading AMT demonstrated are codeable into an ATS. It's quite enlighting to see when divergence works and when it doesn't, not based on anecdotal evidence, but on numbers in a decently populated backtest data set. I can see why some people here would be frustrated, our emotions were not designed to handle stochastic (often confused with chaotic) behavior of win/loss situations. The stats are what they are and an edge in my opinion is doable to achieve (no, it's not 10 pts per day... but maybe one day... lol).

Peace to y'all.
 
Quote from Ken More:



This is a site to make money for the owner of the site under false pretenses. This is not an ELITE trader site by a long shot.

Well you have it in a nutshell.

As gifted a chartist as AMT is, and as kind as he is to donate so much time, the CD theory which he says that he uses sometimes and not others is deeply flawed.

Most of you will not know what I am talking about and you will stay this way until you learn how volume makes/ does not make price move.
This is the true guts of trading and you can chose to see it as a separate issue or you can grow to see it within the price movements.

sosueme
 
Quote from sosueme:

The CD theory which he says that he uses sometimes and not others is deeply flawed.

Please elaborate. Why do you think it's flawed? Back it up. Can't just say you guys won't understand it. Need to have reason behind rejecting the theory. Cheers.
 
Quote from nirav34:

Where CD really shines is the open. I use it in conjunction with footprint charts and I would definitely say it's an asset.


Today
http://www.charthub.com/images/2009/07/16/Untitled_21.png

7/14
http://www.charthub.com/images/2009/07/16/Untitled_21_2.png

7/13
http://www.charthub.com/images/2009/07/16/Untitled_21_3.png

7/9
http://www.charthub.com/images/2009/07/16/Untitled_21_4.png

Nice charts . . . once question though . . .

Your price charts are not continuous (or seem not be be) but your CD is, or am I missing something?

Or is it simply a display preference with actual 24hr data?
 
It's 8:30am-3:15pm Central Session. That's why you see the gaps. So your next question is what about the volume in AH? It doesn't affect CD that much really if you compare the 24hr and cash session.
 
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