I don't like the idea of an "always in" strategy, but I would strongly prefer to have more than a single trade per day if principally following a single market. Multiple smaller trades, as opposed to a single large one, are a form of diversification.
Objections to SCT
- Thread starter Joe Doaks
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you need to re-wire your brain, open a new non conventional path way, tap into the unused part of your brain. The brain can perform seemingly extra ordinary feast for example remember hundred of names in matter of minute. But with some memory exercise this feast became just another normal routine.
You're a big swinging dick, friend. Whats the point value on a 100 cars these days?
Thunderdog, whatever works for each of us. I think it may be a personality issue. As a mathematician and engineer I am accustomed to knowing that I am right with an acceptablly cost effective probability. I am still having a bitch of a time achieving that with most of the potential setups I see. And I don't see SCT providing me the confidence I seek. So I am more comfortable with lalala trades where all of my calculations agree on direction and timing. I'll betcha Spydie's background doesn't hobble him at all that way. Five trades today, nice net profit, curse fucking E-Signal for going down at the wrong time!
But I just washed my hair.
Nononono you don't understand Achilles, I have 20 credit cards with $25K limits each, no problem, hahahaha! I don't actually have any real money! IB would want a $200K account to do that.
Plus I forgot to mention the pre-orgasmic pleasure it gives me to be shorting just when SCT says price should continue running! There must be a shit load of people running similar codes for it to work. Maybe the whole fucking trading world has a hard-on for Jack! Paaaaraaaaanooooiiiiiaaaa, maaaaaan!
My paranoia always used to shake me loose from my discretionary moorings, thus I remain and always will be Mr. P(1-P).
Yes, but the ones worth stealing are usually not open and on display.Quote from nkhoi:
in movie The Prestige, when audience was in awe of the performance of one magician, a rival was busy looking for clue to figure out how he did it including stealing his journal to read his though. luckily you don't have to steal anybody journal here
Kidding aside. I'll tell you what would be really interesting. If you guys could put together one of those real-time "webinars" where viewers can follow their own charts, whatever they may look like, while simultaneously viewing a screen that one of you guys is using in real time to annotate and actually trade. Obviously, there is no incentive for you guys to go to such trouble, but that is a ride that I would definitely take. Heck, I'd even pay the cost of a movie to be able to watch that for one trading day in real time from the comfort of my home. Just so long as you follow your stated rules. Perhaps if there are enough like-minded people willing to "pay-per-view," including actual Hershey students, it may be worth your while to consider such an undertaking. Speak to your people.
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