Iterative Refinement

[Spydertrader]

Quote from jack hershey:

Lets look at rolodex's comment for a sec; he says:

"Finally, clear, concise and accurate remarks. See, there is hope!"

Clear and concise is the mantra in Strunk and White's "eelements of Style" or you can shift to the "chicago Style Guide" to see the same palaver.

The word "accurate" is a word that is NOT one that fits with "clear and concise".

I did 8 charts for the beginning half of the am to get to bar 22.

"accuracy" is not what is on the table. what is on the table is beginning to get the mind to begin to differentiate by building a few things, repetitively that can form up into long term memory so there are a few specific divisions in a set of locations in the mind where subsequent learnings can come to have an association.

What three sentences do to establish this earliest differentiation (compartmentalization) is simply put in the mind three markers that , from reading, can be situated in a crowded place. At teenage the mind has spread out to occupy the spaces of the mind and a shaving away of snaptic connections occurs on a "use it or lose it basis" for a short period of time in teenage.

It is also the first time the imbriccament forming the inner surface of the blood vessals is penetrated to begin the eternal formation of more and more plaque in the interior of the walls of blood vessals.

lets turn to see where things from today get placed around the three principles rolodex brings up so fortuitously.



Pool extraction (referring to huge financial pools of capital) is done through the critical thinking reasoning derived following principles:

1. You have to be in the market to make money.

[color]we got in on bar 2 and reversed on bar 21 (top). I posted pageafter page and pic after pic of the reason to put C in the MODE column and H in the D column. this repetition reinforces the sentence: "You have to be in the market to make money."

I post to make this simple principle become a dirrerentiated place in your mind that many other aspects can come to in association with your sensing along side your inference to give you perception.

we Continue to be in and we HOLD to be in. 20 bars od making money as a beginner. you get support, comfort and conficence. thses do not come from looking at a print at the end of a day or as a "proof" of anything to an outsider.[/color]

2. You have to be on the right side of the market to make money, and

Binary. It is NOT a continuum of any sort. It is being told by the market that one side is the side until further notice. beginners use a coarse and crude measure. Thier minds get the first glimmer of becoming differentiated. MODE says Continue from the P, V relationship which is an annotated part of the MADA a binary vector algorithm in itself.

We were HOLDING and Continuing on the right side of the beginner market today. The log shows all the remarks between the MODE and the D columns.

3. Money is made in markets through the movement of price.

So price had fun as usual. we hiked up and down the volume mountains all the time from just after 9:35 to bar 21's price top. A 100 minutes or so. It is okay to Continue to HOLD to make money and then Reverse when the market tells you to. Then you start making money with more price movement in your gavor as you are told so to do.

QED.
--------------------------------------------------------------------------------
here is the hiking chart. One trade is B2R mountains and the next is R2B mountains. Boot camp is fun. Beginners make the ATR each trade. Do you need price to take these trades? Do you just need to hike?

we reverse into a non dominant and take the hike down to the RTL on the volume. We HOLD on the BO because the rising trail after the trough did not change color on the trial blazings. The trail was a red trail from the peak (recersal time) down into the trough (BO of RTL) and right back up out of the valley to the first R2B peaking of price. Four peaks ahead it turns out; we find out how many as we hike.

Same game looking for pt 2, 3 and VE's and an FTT where price does not make it to a LYL we habe drawn in advance and price almost comes to.

we are going through boot camp for a month to be experts when we get all the daily labs done.

differentiation of the mind is the goal. we are toning up our minds by working evey bar of the way. We get 1600 bars under our skulls. reps make the mind. Paying it forward gives the strongest reps there are.

Spyder has contributed to well over 2,000,000 reps in ET in the last four years in three journals. A hold of 20 minutes can get 20 points for each of 40 contracts. Daniel missed that print of 40,000 dollars for one reversal to another reversal.

We want traders all over the world to pay it forward in their communities. Communities have problems; money and donated time solves those problems. Paulson made a 100million a year for the three years prior to becoming a second string treasurer. Who cares? People to people is how it happens with pool extraction.

As rolodex says:


1.

2,

3.

Can you read the words?

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2105846>

 

[Spydertrader]

Quote from jack hershey:

Here is the chart of the am with two full trades as indicated.

It was annotated as the chart formed. If a person wants to see what happened, I revommend making up a simple log and writing out about two pages of rows to gain an understanding of the market and how the annotations you see serve to make money by being in the markat all the time from open to close.

The net on those trades that day was 1.7 million. Get it. It was verified and the third party cut fees to anyone who trades my methods 10% he wasable to coattail trade those accounts. GET IT?? (as traderzones would say....LOL...) Okay you don't get it and you are chosing to not get it. Super.

Laugh when you see my name from now on or put yourself on ignore.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2105875>

 

[Spydertrader]

Quote from jack hershey:

As we all know, the ES is traded on a two point scaling. the simple reson for having the same scale all the time is that the sensory system is then calibrated.

Some days are exceptions simply because they are unique in history. Go with the flow and let your mind (conscious or still in some ways unconscious) work as a partner with the markets.

As a boot camp primo comment, there are no uniforms required and it is not a "my way or the highway" opportunity to whine and moan in the back row. Anyone can do what they want where they want to do it. In boot camp it is an ernest kind of time where getting tired doesn't happen and everyone works their skulls off.

Tape your mouth shut with 3M micropore tape in order to breathand keep the CO --2 at balance and your heart waveform the kind that comes from being grateful and appreciative for your personal efforts, for the pleasant efforts of those around you and for all the things in the world that are there and that you want to be better and better as time passes. this way breathing takes no energy and you have all the 0 --2 going into your gtain that it is possible for your pumping heart and bod to deliver.

Trading is essentially a supportive, comfortable and confidence engendering way of moving along.

My T'ia Chi insructor was taught by the 91 year old guy in the 1993 film Moyers made china. He came to the US and Tucson earlier and lived in her home. He taught a person she visits in New Zealand who has competd in the government annual contests. In this person's picture in our training room she is wearing 8 gold medals. My instructor was told she would spend 8 years learning the 106 steps. She became proficient in 2 months. why?

When she touches the arm of somone plugged into a PC that person's system changes in three or four heart beats from sympathetic (gas pedal orientation) to parasympathetic (balanced and in harmony). We should troop around and plug in some detractors so they can have their first whiffs of life.

So Friday was a special day on Wall St. and Main ST and in the Congress and in unemployment lines. I'm only 75 so I haven't seen it like this before except in the mid 30's and beyond up to the WWII.

The turn into lunch time was long and ended with the last reversal of the day. The PM chart is below, It is annoted as the PM of the day unfolds. Slide your opaque cover to the right as before and do the two pages of the simple log.

This four page log is now a treasure for you. We will do a 3 inch 3 ring binder by the end of bootcamp not including the posting in this thread. set up another 3 ring binder for that so you can flip and flop the pages at will.

Every few weeks take youe BMI down a point by either getting taller or more fit weight wise. 25 BMI is where you come to rest for starting the next year, if possible. change your diet and start exercising in a reasonable way.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2105941>

 

[Spydertrader]

Quote from jack hershey:

here is a closer look at midday coming to an end as it usually does. Read the annotations and check that your remarks have the words in there in an abreviated form.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2105944>

 

[Spydertrader]

Quote from jack hershey:

the next few bars are just the regular fair as PACE foes to the max and we see MODE with C's for each MADA loop we do. H is in the D column as expected after the R on the FTT row as usual.

you can begin to see how in boot camp we will run through 5 days of the past @ 40 mins each as we rip off four pages of beginner logging.

So we see that the intial capital has been very helpful to let us trade 1 contract, the max we can use as beginners.

Sequences are there to see, We see and we log and do MADA.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2105945>

 

[romanus]

Quote from dkm:

I am a confused about this statement because our signal to reverse short at 11:15 also occurred within a lateral formation.

http://www.elitetrader.com/vb/attachment.php?s=&postid=2103559

Depending on whether or not Traverse Level trades include non-dominant traverses - I think the signal to reverse short at 11:15 was at pt2 of the green up channel. However, at that point in time that first blue traverse of the day could have been just an accelerated traverse. The green channel does not exist at that time, since the market did not built the non-dom and 2nd dom traverses.

In case of the red down channel, I think the context is different, because one knows what comes next after green up channel. WMCN is a down channel and as such one holds through the non-dominant traverse (bars 14:35 through 15:35) where Spydertrader's chart says no trades on this fractal.

Just my opinion, could be wrong, but logic makes sense to me. Sort of like in old days - one does not know the size of forest until one has a forest.

 

[dkm]

Quote from romanus:

Just my opinion, could be wrong, but logic makes sense to me.

Both 11:15 and 14:50 are signals for change at the traverse level and both are formed inside a lateral. However, it appears that the context for the two signals is different. The fact that 14:50 is an invalid signal means that the traverse sequence cannot be complete at that time. Since both signals appear after we have had confirmation of the traverse pt3 it must mean that the gaussian sequence is not complete at 14:50.

 

[guavaman]

Quote from dkm:

However, it appears that the context for the two signals is different.

DKM,

I think Spyder was making the point that since we know that the 13:10 bar completed a channel, we were going to see another channel, but this one would be down. At 14:35 we had a completed traverse, but not a completed channel so a hold at 14:50 was in order. However, if one didn't hold and took the trade the 15:05 bar would serve as the SOC to get back short.

As always I stand ready to be corrected

 

[ehorn]

Quote from guavaman:

DKM,

I think Spyder was making the point that since we know that the 13:10 bar completed a channel, we were going to see another channel, but this one would be down. At 14:35 we had a completed traverse, but not a completed channel so a hold at 14:50 was in order. However, if one didn't hold and took the trade the 15:05 bar would serve as the SOC to get back short.

As always I stand ready to be corrected

You got my vote here. (FWIW) Also, that we should note L2 gaussian (Non-Dom) decreasing black...

 

[dkm]

Quote from guavaman:

DKM,

I think Spyder was making the point that since we know that the 13:10 bar completed a channel, we were going to see another channel, but this one would be down. At 14:35 we had a completed traverse, but not a completed channel so a hold at 14:50 was in order. However, if one didn't hold and took the trade the 15:05 bar would serve as the SOC to get back short.

As always I stand ready to be corrected

At 11:15 we had a traverse level signal to reverse short into the non dom traverse of the forming channel. Are you suggesting that you would hold short through a non dom (long)traverse after 14:35? That's fine if you only wish to trade channels but I am looking to trade each traverse.

http://www.elitetrader.com/vb/attachment.php?s=&postid=2104145