Jason came up with that clear, concise and crisp (Strunk and Whyte) description, so I just cut and pasted it. It is the consensus of those who do the judging.
Elsewhere I am commenting on a research project that is often used by people to support their positions. It is a poor example of how to determine what is what in trading. If anyone makes the same kinds or similar non critical thinking mistakes, he may come to the conclusioons of those people. Their conclusions reflect the performance of the vast majority of people who don't do very well in extracting the offer.
I feel the market's offer is the standard.
People are amazing beings who achieve a great deal in their earnest efforts.
Right now some of the global minds who get a lot of press time are doing their figuring out of things. they see the market trailing off about 90% and then settling intoan "ice age" between 2012 and 2020. They have 2020 vision.
Those who track the ice in Antacrtica, of course, concentrate on the West coast for trend analysis. The East coast is where the chunks are falling off that are bigger than ever imagined. Those looking as the ice also see the prevailing winds as a factor. The ice that is breaking off is being nudged by other ice and, of course, the water flowing under the ice and which supports the ice. Most of the ice I've photographed is flowing east to west; maybe the guys watching the wind will see the ice moving against the wind someday.
Lo, et al set up quintiles to look for the patterns they designed. They also determined to do trades with time outs after their predetermined pattern lengths. They also sub grouped the patterns in to two subgroups according to volume, which gave them three sub samples, all chosen by their arbitrary decisions. Their results deviated from the Monte Carlo....lol...
So you are following the usual path of people who look at markets and make arbitrary decisions to create personal beliefs.
Several people are helping you out as you see. Your beliefs are getting in the way of your opportunities.
It is not uncommon for a person trading to rough out the times of the day when he hits 1X the H-L, 2 X the H-L or later times in the day.
I use 30 points for the value of a contract's margin. I also feel that earned profits gives the person the right to add contracts. But I do feel that sitting at multiples of 5 contracts is a good idea until you mind adjusts to making money at that pace.
when a person can go ou tand buy a new car from profits every day, the value of a car changes in that person's mind. you may notice here that some poeple posting are not used to having money, making money or spending money.
Money has a purpose; it is used to solve local problems. In Tucson, there are over 40,000 students facing a tuition increase of a few thousand dollars. a year. About 1 and 1/2 contracts margin roughly. If the university collects and parks the money for a while, why don't they let the finance club trade the money and then return it to the students when it has been multiplied? The reason is that the finance club invites and pay Timmay to be a speaker at the finance club. Getting an MBA at U of A isn't what its cracked up to be after all. Here Harvard is considerd to be UA "East".
Your mind is going along a path that is what it is. We have been commenting to you and you ilk about this.
Get a crayola and print 50 ES 5 minute charts. also get another crayola and print 50 corresponding YM 2 min charts.
Get two shirt cardboards from your drycleaner who foldsand boxes your shirts. Or cut a fle folder along its fold. Use each crayola to put and X on the sheets.
Slide the carboards across the respective charts and use the two crayolas to mark the the price moves.
You see a ratio of moves on the charts of 3:1 for YM:ES after you have done less than 50 sheets.
Send a tweet to Lo and explain to him his mistake on page 1729 of the citation elsewhere.
What if you knew a trade on ES had three parts on YM? Could you "know that you know" where you are in all trades on ES? How much money would you make, Crayolawise, per day on the ES? would it, roughly speaking be the length of the string you could use on a chart to measure the profit segments on the ES? Would the silly string be longer than the H-L of any of the charts?
What would the ratio of the length of the string be to the H-L on average be for 50 charts.?
On the length of all 50 strings for all 50 charts; how many 30 point pieces could you snip all those strings into if you owned some scissors.
Now use a new kind of string. It is called a "don't fuck up like Lo does string"
Repeat the crayola measure using a "time out" string and see how Lo fucked up.
repeat the crayola measure with a Lo string that uses Lo's "l" for his 10 patterns. you look up the arbitrary "l" Lo uses.
Give him a tweet for each screwup his manifests in his reasearch and comaper it to your first string test so he can see the performance compared to your performance.
Here is my point. You do not know how to think and your beliefs are fucked up. I can't spend time with people like you; there is no payoff for me that you can teach others nor will you help solve local problems.
I bet you would open you mouth while I was trading with other skilled traders.
Elsewhere I am commenting on a research project that is often used by people to support their positions. It is a poor example of how to determine what is what in trading. If anyone makes the same kinds or similar non critical thinking mistakes, he may come to the conclusioons of those people. Their conclusions reflect the performance of the vast majority of people who don't do very well in extracting the offer.
I feel the market's offer is the standard.
People are amazing beings who achieve a great deal in their earnest efforts.
Right now some of the global minds who get a lot of press time are doing their figuring out of things. they see the market trailing off about 90% and then settling intoan "ice age" between 2012 and 2020. They have 2020 vision.
Those who track the ice in Antacrtica, of course, concentrate on the West coast for trend analysis. The East coast is where the chunks are falling off that are bigger than ever imagined. Those looking as the ice also see the prevailing winds as a factor. The ice that is breaking off is being nudged by other ice and, of course, the water flowing under the ice and which supports the ice. Most of the ice I've photographed is flowing east to west; maybe the guys watching the wind will see the ice moving against the wind someday.
Lo, et al set up quintiles to look for the patterns they designed. They also determined to do trades with time outs after their predetermined pattern lengths. They also sub grouped the patterns in to two subgroups according to volume, which gave them three sub samples, all chosen by their arbitrary decisions. Their results deviated from the Monte Carlo....lol...
So you are following the usual path of people who look at markets and make arbitrary decisions to create personal beliefs.
Several people are helping you out as you see. Your beliefs are getting in the way of your opportunities.
It is not uncommon for a person trading to rough out the times of the day when he hits 1X the H-L, 2 X the H-L or later times in the day.
I use 30 points for the value of a contract's margin. I also feel that earned profits gives the person the right to add contracts. But I do feel that sitting at multiples of 5 contracts is a good idea until you mind adjusts to making money at that pace.
when a person can go ou tand buy a new car from profits every day, the value of a car changes in that person's mind. you may notice here that some poeple posting are not used to having money, making money or spending money.
Money has a purpose; it is used to solve local problems. In Tucson, there are over 40,000 students facing a tuition increase of a few thousand dollars. a year. About 1 and 1/2 contracts margin roughly. If the university collects and parks the money for a while, why don't they let the finance club trade the money and then return it to the students when it has been multiplied? The reason is that the finance club invites and pay Timmay to be a speaker at the finance club. Getting an MBA at U of A isn't what its cracked up to be after all. Here Harvard is considerd to be UA "East".
Your mind is going along a path that is what it is. We have been commenting to you and you ilk about this.
Get a crayola and print 50 ES 5 minute charts. also get another crayola and print 50 corresponding YM 2 min charts.
Get two shirt cardboards from your drycleaner who foldsand boxes your shirts. Or cut a fle folder along its fold. Use each crayola to put and X on the sheets.
Slide the carboards across the respective charts and use the two crayolas to mark the the price moves.
You see a ratio of moves on the charts of 3:1 for YM:ES after you have done less than 50 sheets.
Send a tweet to Lo and explain to him his mistake on page 1729 of the citation elsewhere.
What if you knew a trade on ES had three parts on YM? Could you "know that you know" where you are in all trades on ES? How much money would you make, Crayolawise, per day on the ES? would it, roughly speaking be the length of the string you could use on a chart to measure the profit segments on the ES? Would the silly string be longer than the H-L of any of the charts?
What would the ratio of the length of the string be to the H-L on average be for 50 charts.?
On the length of all 50 strings for all 50 charts; how many 30 point pieces could you snip all those strings into if you owned some scissors.
Now use a new kind of string. It is called a "don't fuck up like Lo does string"
Repeat the crayola measure using a "time out" string and see how Lo fucked up.
repeat the crayola measure with a Lo string that uses Lo's "l" for his 10 patterns. you look up the arbitrary "l" Lo uses.
Give him a tweet for each screwup his manifests in his reasearch and comaper it to your first string test so he can see the performance compared to your performance.
Here is my point. You do not know how to think and your beliefs are fucked up. I can't spend time with people like you; there is no payoff for me that you can teach others nor will you help solve local problems.
I bet you would open you mouth while I was trading with other skilled traders.
