Can anybody point me to a blotter of a few days worth of SCT trades done by somebody that does it well? I have developed my own set of rules based on Jack's basic premises and am wondering how my stuff stacks up at 1.5 -2x range.. I'm trading the YM but it should be similar to the ES from what I've seen..
Iterative Refinement
- Thread starter Spydertrader
- Start date
Then perhaps you might consider placing added focus on the area in question. I fail to see the wisdom of moving to the A (Analysis of WMCN) when one has yet to finish M (Monitoring and appropriately annotating charts). Build a strong foundation in all areas needed before moving onto the next area.
Quote from sscott:
Here is my morning, just trying to pick out FTT's and trend lines.....
A fully annotated chart provides more benefits than simply learning to draw trend lines. See attached.
- Spydertrader
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1885745>
Mak posted a screen shot once (Question for Grob / Hershey Thread I believe) which nailed six time the range that day. I can't seem to find the link. Maybe the linkmaster (Nkhoi)
knows of the location. Jack also posted a blotter while training a student year's ago. Again, I can't recall the exact location of the blotter but do recall Nitro accusing Jack of photoshopping the results. I'd bet an ET Search of Nitro using the word photoshop would narrow down the location of the execution report. - Spydertrader
second attatchment bottom up, after some called for proof of actual execution sheet
http://www.elitetrader.com/vb/showthread.php?s=&threadid=54456&perpage=6&pagenumber=39
This was the link I used to convince Steve Tvardek that the method had its merit. Wonder what he think now?
http://www.elitetrader.com/vb/showthread.php?s=&threadid=54456&perpage=6&pagenumber=39
This was the link I used to convince Steve Tvardek that the method had its merit. Wonder what he think now?
Quote from Spydertrader:
Mak posted a screen shot once (Question for Grob / Hershey Thread I believe) which nailed six time the range that day. I can't seem to find the link. Maybe the linkmaster (Nkhoi)
- Spydertrader
Thanks much. I'm real happy with what I'm doing currently, it's not at all hectic but it would be nice to crank up the earnings I suppose...
You know, I just knew you'd have the link. And here is the blotter found by searching unde nitro /photoshop. - Spydertrader
Quote from Mr_Black:
my best trade for today....fbo...
Nice going, Mr_Black!! Did you catch the change signal for the ride up after the VE, too?? Patience and practice, patience and practice.....even with a long way to go, it works (esp. with a great method and support).
...and 6 times the range? (insert amazed bad word here)
If you are referring to my mention of 6x range, it was mentioned by somebody else on another thread and I have no idea if anybody can do that. I have a theroretical 1.5 to 2.0 going but with mistakes and all it's running about half range today... practice, practice, practice 'ya know...
Thanks Spyder for the help. From the chart you posted I see the Ftt of the red down channel at 11:55 followed by decreasing black volume to the RED RTL where you annotated the pink LTR traverse where the B2B guassian change occured. Then the pt 3 green channel with the highlighted area at 12:10 showing increasing black volume and increasing price to confirm the pt 3. Enter Long. Followed by three VE's before the next FTT. Then decreasing red volume back to the green RTL just as anticipated for a retrace. WMCN at my skill and resoultion level is increasing black volume to confirm a move in the dominant trend and continue hold long. WMnCN increasing red volume and a BO of the RTL. At the next skill level it would be enter long at the green pt3 then continue long until identifing the FTT, reverse short and hold for an anticipated BO of the RTL on increasing red volume. Or exit at the RTL if a FBO occurs. Am I on the right track?
sscott
