Iterative Refinement
- Thread starter Spydertrader
- Start date
Hi Gravitonium,
Gucci recently had an interesting dialog with Jack over here. Take some time, clear your mind, and meditate on the comments Jack makes regarding Learning How To Learn. The race is not necessarily to the swift here. I would humbly encourage you to read and think on the things Jack is speaking about in the above thread. Jack and Spyder (and others) have taken a deliberate approach to provide the roadmap and Spyder has been kind enough (even now) to continue to answer questions (all of which have been answered many times before). But each individual has to make the journey and everything required to do that has been provided. But most importantly (I believe) is that we must learn how to learn.
Here is an exercise which may be of some benefit:
I like to think of it as an assessment or personal performance scorecard and here are some things I do frequently (say once per week)
Sit down and write out the things you feel competent in (what did you do good this week?)
Write down the things you need to improve upon (what was not so good?) Be as specific as you can regarding these.
Write down the things which you are aware of but are setting aside for now (i.e. tools (fine, med, etc..) or portions of the sweep (i.e. (D), (A)) )
Now that you have fully organized your thoughts by writing them out, you are better prepared to formulate a plan to improve your deficiencies and work on those the following week (i.e. drills, focus your effort on your deficiencies during RTH, etc).
HTH, and best wishes in your journey
Gucci recently had an interesting dialog with Jack over here. Take some time, clear your mind, and meditate on the comments Jack makes regarding Learning How To Learn. The race is not necessarily to the swift here. I would humbly encourage you to read and think on the things Jack is speaking about in the above thread. Jack and Spyder (and others) have taken a deliberate approach to provide the roadmap and Spyder has been kind enough (even now) to continue to answer questions (all of which have been answered many times before). But each individual has to make the journey and everything required to do that has been provided. But most importantly (I believe) is that we must learn how to learn.
Here is an exercise which may be of some benefit:
I like to think of it as an assessment or personal performance scorecard and here are some things I do frequently (say once per week)
Sit down and write out the things you feel competent in (what did you do good this week?)
Write down the things you need to improve upon (what was not so good?) Be as specific as you can regarding these.
Write down the things which you are aware of but are setting aside for now (i.e. tools (fine, med, etc..) or portions of the sweep (i.e. (D), (A)) )
Now that you have fully organized your thoughts by writing them out, you are better prepared to formulate a plan to improve your deficiencies and work on those the following week (i.e. drills, focus your effort on your deficiencies during RTH, etc).
HTH, and best wishes in your journey
Quote from gravitonium77:
And lest any of you wish to side with Spydertrader's view on blame, responsiblity, et al, and stick your head in the sand then stop reading now.....
The attached chart shows an instance of increasing gaussian slope. Note that the increase did NOT indicate "peak" volume, as volume rose higher yet on the next bar, along with a decrease in price.
Now, I am well aware that there are other ways to interpret this definition. And thus, making it clear, that the definition is AMBIGUOUS.
or
incorrect?
Hi gravitonium77,
As you imagine I got a pm or two from the OCD group.
I almost feel like framing your cool work.
You show eloquently the right half of an inverted saucer. Step back until it gets blurry at about 10 feet or so. you are then able to see the price doing the movement into a more emphatic downward trend as time passes.
Look how neatly you have annotated the causes of this price action with your volume annotations. You did it. You have a chart showing ever increasing volume peaks that are directly coupled to the price money velocity increasing.
At ten feet away, the annotations and what is going on is real good and as they say priceless.
Lets zoom in and see how keeping things smoothed out a little is still working. I feel that there is never a departure from certainty which is obtained by the binary nature of the data sets. etc. It remains finite sets all the way from my point of view.
I can see that you are ploughing along at a good pace to assimilate the process of getting to expert. Hi lite and tab stuff and maybe keeps cards on topics that are not locked into place. Occasionally sort them by building priorities to keep high priorities before you.
For me, read Norman Doidge's "The Mind That Changes Itself". especially focus on the PositScience crew that is mentioned from time to time. Note the multi purpose three (operators): spatial, movement and shape.(CH 8 Imagination)
You are home free at ten feet. Look at your chart.
Get MODE.
Get Sentiment.
Build the annotations from the bottom up (adjacent bars giving tapes) AND build the trading from the Coarse (channels) down. Twaining (where the twain shall meet) will be the most fun.
SCT is a twaining program and because of my buck teeth I was called "Bugs Bunny" at scout camp.
Your chart says it all about acceleration (increasing velocities) Thats how it got so good on the right portion of the chart. Steepest price and highest volume.
Your quant comment was cool.
Do building blocks. Keep priority Q's on the front burner.
Edit: hey notice that your volume has the paces on it and notice that we are in Extraordinary volume for this exercise. Look at the pace changes that happened as well.. Good stuff.
As it is always the case, the emotions give meaning to the words and not the other way around. Consider the possibility that an alternative explanation exists for a 'perceived' shift of emphasis in vocabulary. And that an intent is to help get across the concepts of change vs. continuation and resolution (fractal). I don't claim that I "get" it, or that I am successful, so this may or may not be helpful.
Quote from Jander:
I can tell that cutting back to monitoring/fully annotating/posting charts is helping to see things much clearer. Still some errors/confusion but increasingly less often/frustrating. Who knew?
Thanks for the help lately from all involved.
Glad to hear it Jander!
Hmmm... Makes you stop and wonder if these guys really do know what they are talking about... Nah!!!! (humor)
