Iterative Refinement
- Thread starter Spydertrader
- Start date
Quote from astral:
Could you maybe give me a little hint, is forex worth it
I recommend starting with equities for one very important reason. One must learn to crawl before learning to walk, run or fly. By building a strong foundation in the methodology which is the Price - Volume Relationship, one can then export the 'template' onto any market, on any time frame - provided sufficient liquidity exists. Plenty of money to be made before jumping into the deep end of the pool. Take a look at TSL over the last two days - 25%.
If a trader cannot produce consistent profits on the slower fractals (equities trades on the daily chart), then attempting to move into markets where many professionals eagerly await those who fail to appropriately educate themselves - both with purposeful learning and through experience - provides nothing more than a recipe for disaster.
Without a doubt, this 'template' works in the Forex Market. However, one must have a superior understanding of the P-V Relationship in order to employ these methods in such a market as Forex.
Good Trading to you.
- Spydertrader
Thank you for the tips, but The only thing I was seeking for was this :
'Without a doubt, this 'template' works in the Forex Market.'
I hope I am not being arrogant, by all means, I'm just being honest. Do you remember when you had the "light bulb" feeling? I guess so!
(English is not my foreign language, so bare with me)
I remember you saying: "I couldn't believe this was running all in front of my eyes", before you had the light bulb, as you refer to it.
I've never had the "light bulb", because I've always been enlightened in life, so to speak. Whenever I felt people need to wake up out of their COMA, I do so. Well... this hardly ever resulted in something "positive". Better yet, it resulted in this: "man, you live in fantasyland, dumbass.. All that crap you're saying, prove it!" Gee, Didn't I see that same pattern when Jack was writing all his stuff
You betcha!
I've played numerous online games, to see how "the herd" is over there, It took me couple months to outnumber the firsts in those games by A MILE. Thousands of people were playing those games, I've tried all forms, and was superior in all of them.
Anti-wipsaw , is this how you guys say it?
THEN! my own lightbulb popped up, and I said: "okay it's time to move over to a bigger fractal." So here I was, 2 months ago, saying to myself: "The markets, that's where I have to do it, yep!"
I knew NOTHING, nada!
And sure enough, I stumbled upon Jack in the "Do trendlines work" thread, and I knew right away that he was the guy, The first sentence I read, I knew it. This is the guy who nobody probably gets, yet he shares the grail.
The more I saw people calling him a Freak, mental ill, delusional man, whatever, The more respect I was getting for this man. I'm still in the "calibration" phase, but soon enough I'll be here to support your thread, to help others.
Today was a great day, because the whole day was filled with beautiful pennants on ALL fractals. I literally knew an hour ahead how the chart would unfold.
"afternoons paper, in the morning"
, you Bet!today's ES