Making JH' SCT and all his material alive

[Sprout]

y)

I do have the necessary for that. I just need to be sure about how this works. I can't let myself to waste any $. It's simple. I just do not want to pay something I had not to.

What are you refering to ?

There is a lot in the Hershey universe. You've explored RDBMS and some aspects of SCT. There are distinctions in PVT and SSR that have not been discussed. I can speak to PVT but not yet on SSR. You have the mindmap of Hershey threads that was posted elsewhere yes?


No no, no problem, I feel confident enough. It's just a matter of basics things that I don't know about platforms, brokers, futures etc. I've always focussed on the method, not the concret tools and markets to operate with/on.

That said, I'm not clear yet with what is missing for me to be on the right side of the market at any time, the exception is that I need the tri-pane which will make me able to "drill up and down from coarse to finer view" and "carve turns" to use your words.

Think please. A single browser window of a tri-pane is functionally equivalent more-or-less to two browser windows of bi-panes.


I know there's the IF1/IF2 APA also, but I've read a post from JH where he explains it explicitely, and it seem clear to me. Maybe this is part of the remaining things that I can hone ?

It's part of it. What will be required at some point is to have a live data feed that you can sync your charts and the trading platform's DOM, T&S, OTR charts. The idea is to develop sports memory.


On my last sessions, I see clearly that if I enter at the very first EE of the RTH, and then stick to only hold/reverse with reverse being done at each EE (which is my comprehension of the advanced expert behavior and it is maybe wrong or I am at the moment maybe not ready for that, you can say), then I lose many times many points.

Best to add at what price points you are entering/exit/reversing on to support relevant commentary. As one zooms out and trades larger fractals, it's easier to see reverse trading being profitable. At smaller timeframes, it's more difficult to understand that there is more to it than that. There are more trading actions than enter/exit/reverse.


Sometimes at the end of the day, I am positive, sometimes not at all. This is not the result expected nor described. So I know for sure and DD I need finer view and this must deal with the tri pane, the DOM etc., the IF1/IF2 APA that I surely can't apply correctly althougb my understanding of it may be good...among things.

In addition to 'increasing your level of differentiation' you also have to increase your level of 'allowing.' What's meant by this is that as an ontological state, the accumulation of wealth and abundance is a function of one's personal state of consciousness.


You know me, you know I'm ready to do what is needed. I'm at the moment trying to familiarize myself with Tradovate, learning lessons on the basics, and searching for what is not yet in my pocket for...the big dive.



Yeah, I need to learn the basics and that's what I'm currently doing.

Comments within quoted text.

 

[WchPl]

@WchPl

I asked what country your account will be in for a reason. It may sound like a slam on Tradovate but it is not. It is merely pointing out (at least) one difference that many new-comers don't think to ask or consider. I won't turn this into an off-topic discussion however, as plenty of other posts on ET exist.

From Tradovate FAQ...
"Reduced day margins are currently available from 6:00 PM EST to 4:45 PM EST. A full list of the day margin rates can be found on our margins page."

This may be a very important factor for your live trading!!

As an aside, since you mention the initial funding, you may want to consider AMP futures, which has a smaller account opening requirement AND allows day margins any time the market is open, except the last 5 minutes of a trading session. TV is also available free of charge through AMP with a funded account.

HTH

Thank you very much for the support and the help provided

 

[WchPl]

Comments within quoted text.

There is a lot in the Hershey universe. You've explored RDBMS and some aspects of SCT. There are distinctions in PVT and SSR that have not been discussed. I can speak to PVT but not yet on SSR. You have the mindmap of Hershey threads that was posted elsewhere yes?
I do have the mindmap, yes.
That said there is something I don't understand. From what I think, RDBMS is the most recent version of JH's methods. Am I wrong when I say you seem to say exploring SCT, PVT and SSR is a necessity for trading with RDBMS method ? That would be a surprise for me but why not.

Think please. A single browser window of a tri-pane is functionally equivalent more-or-less to two browser windows of bi-panes.
I had already thought about this. But being as I don't know what to do with those oanes of YM 2M and the 30min ES charts, so I don't know what is the goal of using them nor what is to be done with them, what you say here does not help me unfortunately although I guess you wanted to show me I can already do it.

It's part of it. What will be required at some point is to have a live data feed that you can sync your charts and the trading platform's DOM, T&S, OTR charts. The idea is to develop sports memory.
For now, I don't understand what is meant here. Too many words I have to translate and understand correctly.

Best to add at what price points you are entering/exit/reversing on to support relevant commentary. As one zooms out and trades larger fractals, it's easier to see reverse trading being profitable. At smaller timeframes, it's more difficult to understand that there is more to it than that. There are more trading actions than enter/exit/reverse.
I understand what is said here. Nonetheless although I know JH mentionned the eraly exit, early entries etc among this, he was also saying that comes a point when one is expert in RDBMS, at which one only does reverses along the day. And he stated one becomes an expert after 20 MADA sessions. I'm way beyond this today. More than three times beyond. I'm still wondering why I see this conflict betwen "there are more than entry, reverse, exit" and "as an expert you only do reverse".


In addition to 'increasing your level of differentiation' you also have to increase your level of 'allowing.' What's meant by this is that as an ontological state, the accumulation of wealth and abundance is a function of one's personal state of consciousness.
Well, this is the most important and it's good that you mentionned it. It's currently a struggle to realize what I've done, all the work I've done. The path that has been mine so far, appears to me as truely extraordinary and I am taking care of me currently in order to accept where I am. I can't realize for now that 99% of the time, ID a price case, doing the VTP, ID any EE, ID the correct turn and putting the correct blob from MT/MR, is very easy now. It's huge WOW for me. My progress and my work have been really huge and I'm just accepting step by step that I'm ready to start at least simulated trading using RDBMS, for a very short time (compared to my path work), before being ont the right side each and everytime on the market.
I just feel like if I was going out from the gym, after a +5years session !! A bit tired, aching...

That's why, along last days I've considerably reduced my work intensity and hours, while also trying to do as much as I can, fun activities, light things, sleeping a lot, and taking the time for doing simple stuffs.
I need it.

 

[tiddlywinks]

There are more trading actions than enter/exit/reverse.

Hold (or if you prefer, Wait).
Sideline (or if you prefer, Wait)

 

[WchPl]

Hold (or if you prefer, Wait).
Sideline (or if you prefer, Wait)

Of course, you're right. I know that. It was implicit for me. Thank you for the reminder !

 

[tiddlywinks]

I know that. It was implicit for me.

@Sprout does that EXPLICIT stuff all the time!
I actually learned to appreciate it! It does make "worded" explanations more precise, and helps build memory. At least for me. Just sayin.

 

[WchPl]

@Sprout does that EXPLICIT stuff all the time!
I actually learned to appreciate it! It does make "worded" explanations more precise, and helps build memory. At least for me. Just sayin.

Should have said " it was implicitely known by me".


That said, I've always given the best I could to explicitate was was implicit in what JH said. I never had to learn to appreciate this, it's by nature that I appreciate explicit things, thus why this Journal is a path along which one can see tons of posts explicitating and clearing fuzzy areas, by adequate words, in order to read what is between the lines or subject to interpretation. If you add the fact english is a language very very far from my native one, it made the path incredibly harder. Worded explanations more precise is what I've always worked on. We are two thinking/knowing it helps building memory

 

[WchPl]

There is a lot in the Hershey universe. You've explored RDBMS and some aspects of SCT. There are distinctions in PVT and SSR that have not been discussed. I can speak to PVT but not yet on SSR. You have the mindmap of Hershey threads that was posted elsewhere yes?
I do have the mindmap, yes.
That said there is something I don't understand. From what I think, RDBMS is the most recent version of JH's methods. Am I wrong when I say you seem to say exploring SCT, PVT and SSR is a necessity for trading with RDBMS method ? That would be a surprise for me but why not.

Think please. A single browser window of a tri-pane is functionally equivalent more-or-less to two browser windows of bi-panes.
I had already thought about this. But being as I don't know what to do with those oanes of YM 2M and the 30min ES charts, so I don't know what is the goal of using them nor what is to be done with them, what you say here does not help me unfortunately although I guess you wanted to show me I can already do it.

It's part of it. What will be required at some point is to have a live data feed that you can sync your charts and the trading platform's DOM, T&S, OTR charts. The idea is to develop sports memory.
For now, I don't understand what is meant here. Too many words I have to translate and understand correctly.

Best to add at what price points you are entering/exit/reversing on to support relevant commentary. As one zooms out and trades larger fractals, it's easier to see reverse trading being profitable. At smaller timeframes, it's more difficult to understand that there is more to it than that. There are more trading actions than enter/exit/reverse.
I understand what is said here. Nonetheless although I know JH mentionned the eraly exit, early entries etc among this, he was also saying that comes a point when one is expert in RDBMS, at which one only does reverses along the day. And he stated one becomes an expert after 20 MADA sessions. I'm way beyond this today. More than three times beyond. I'm still wondering why I see this conflict betwen "there are more than entry, reverse, exit" and "as an expert you only do reverse".


In addition to 'increasing your level of differentiation' you also have to increase your level of 'allowing.' What's meant by this is that as an ontological state, the accumulation of wealth and abundance is a function of one's personal state of consciousness.
Well, this is the most important and it's good that you mentionned it. It's currently a struggle to realize what I've done, all the work I've done. The path that has been mine so far, appears to me as truely extraordinary and I am taking care of me currently in order to accept where I am. I can't realize for now that 99% of the time, ID a price case, doing the VTP, ID any EE, ID the correct turn and putting the correct blob from MT/MR, is very easy now. It's huge WOW for me. My progress and my work have been really huge and I'm just accepting step by step that I'm ready to start at least simulated trading using RDBMS, for a very short time (compared to my path work), before being ont the right side each and everytime on the market.
I just feel like if I was going out from the gym, after a +5years session !! A bit tired, aching...

That's why, along last days I've considerably reduced my work intensity and hours, while also trying to do as much as I can, fun activities, light things, sleeping a lot, and taking the time for doing simple stuffs.
I need it.

I think the most important in this post is, sorted by decreasing importance :

- Am I wrong when I say you seem to say exploring SCT, PVT and SSR is a necessity for trading with RDBMS method ?*
- I don't know what to do with those oanes of YM 2M and the 30min ES charts, so I don't know what is the goal of using them nor what is to be done with them
-I just feel like if I was going out from the gym, after a +5years session !! A bit tired, aching...
- That's why, along last days I've considerably reduced my work intensity and hours, while also trying to do as much as I can, fun activities, light things, sleeping a lot, and taking the time for doing simple stuffs.

* I DD this is not a requirement. It's something that I can HONE, not even refine, but HONE. And this was adressed to me before "if you do not have money enough or don't feel confident enough for transition to live trading". This means I'm maybe not advanced expert yet, but if live trading with money has been discussed the way it has been, it must be that I'm ready to always be profitable, at the very least. Maybe not able to win the average 20/25 points a day everyday, but surely around 10/15 as a minimum. Anyway, I just see and can feel it.

 

[WchPl]

In addition to 'increasing your level of differentiation' you also have to increase your level of 'allowing.' What's meant by this is that as an ontological state, the accumulation of wealth and abundance is a function of one's personal state of consciousness.

I've taken the time to thinka about it AND I've discussed about it with a neutral person.

Things and next step appear now crystal clear to me. I know what I have to be and do.

See you tomorrow.

 

[WchPl]

Think please. A single browser window of a tri-pane is functionally equivalent more-or-less to two browser windows of bi-panes.
I had already thought about this. But being as I don't know what to do with those oanes of YM 2M and the 30min ES charts, so I don't know what is the goal of using them nor what is to be done with them, what you say here does not help me unfortunately although I guess you wanted to show me I can already do it.

This is currently the best I can do with what I have, to best fit with what is required.
What I suspect, with the risk of being wrong, is that the same work as on ES5min chart is to be done on 30min and the YM when a turn arrives on 5min chart. This would support carving turns.
Plus, I see I do not have the 2min timeframe available for now, this may deal with the fact I do not have subscribed to Tradingview yet. Thus why I put the 3min.