Question for Grob/Hershey...

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reading about IF1 and IF2 and APA, caused me to have a flash of insight onto the 15 min ym fractal...that (30pts a day stuff)

i feel like i'm making concentric circles around the main whole (holistic approach to money extraction)...and each revolution around brings me closer to the center.

anyone else experiencing this?

like water going down a drain.
 
30pts a day is what i meant to say

it appears to me that it is in essance 1 trade a day because you're just reversing and doing APA till you get your 30 pts.

just my conjecture
 
Im curious if anyone besides Jack is doing this? In all day? Icarus, BA, Mak? Still a dream for me. Is anybody even reversing consistently with success? Ive been wrestling with this for quite awhile and still cant get past rt to left traverses. When I see some of the new guys comments I realize that, intellectually, Im a bit slower that some of you. I watch, DOM, t&s, volume and price at potential reversal points and still cannot get any consistent signals that tell me to reverse. Jack has given me lots of clues but I cannot seem to decode them. Im hoping someone here will have a slant on things from a different perspective that will give me a boost. Dont get me wrong. Rt to lefts are plenty but it just pisses me off that I cant get it. I am thinking about opening a second account and trade 1 contract with the intention of staying in all day just to see what happens. Maybe I just need to do it for awhile and stop thinking so much.
 
Quote from easyrider:

Im curious if anyone besides Jack is doing this? In all day? Icarus, BA, Mak? Still a dream for me.
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Easy - my 2c on this...

I basically try to trade the traverse of the ST and IT trend channels. At a certain resolution I am in fact trading L-R traverses - but that resolution is pretty slow.

I keep "in all day" in the back of mind as the sort of ultimate efficiency goal. But I don't try to do it now - maybe eventually.
 
Quote from easyrider:

Im curious if anyone besides Jack is doing this? In all day? Icarus, BA, Mak? Still a dream for me. Is anybody even reversing consistently with success? Ive been wrestling with this for quite awhile and still cant get past rt to left traverses. When I see some of the new guys comments I realize that, intellectually, Im a bit slower that some of you. I watch, DOM, t&s, volume and price at potential reversal points and still cannot get any consistent signals that tell me to reverse. Jack has given me lots of clues but I cannot seem to decode them. Im hoping someone here will have a slant on things from a different perspective that will give me a boost. Dont get me wrong. Rt to lefts are plenty but it just pisses me off that I cant get it. I am thinking about opening a second account and trade 1 contract with the intention of staying in all day just to see what happens. Maybe I just need to do it for awhile and stop thinking so much.
More...

SCT is something that's been on my stove but on the backburner with the heat set to "Keep Warm." Growth requires overcoming the inertia that sets in when a person becomes comfortable doing things in a particular way.

Currently I am focused on helping a person get operational, which has been an interesting opportunity to deconstruct what I do and to re-learn the basics and fill in details. I see clearly that the set of skills required to be operational is minimal. Very minimal. Unfortunately, there seems to be something missing in the transference of what I know to be true and the demonstration of it. It is a mystery.

In any case, like you I have also considered setting up a learning account for the sole purpose of RHR trading. I do feel it drawing my attention more and more these days. I am seeing more of the details of how it might be done. I have questions also. It will probably be something to do early next year for me.

In the meantime, I would participate in any serious discussion of SCT. It might be a good idea to dedicate a thread to it, though, or go outside of ET if the distractions get too heavy. We know there are people threatened by discussions of such things who can't help themselves.

The Sexy Idea thread, the link to which someone posted, is a good place to start. IF2 trading is easy to understand and raises questions immediately about its efficiency, notwithstanding the implementation of APA which is geared toward addressing the inefficiency. The use of APA itself raises questions for me. And not just the question of how to know when to implement it, although that is primary.
 
Quote from icarus618:
Currently I am focused on helping a person get operational, which has been an interesting opportunity to deconstruct what I do and to re-learn the basics and fill in details. I see clearly that the set of skills required to be operational is minimal. Very minimal. Unfortunately, there seems to be something missing in the transference of what I know to be true and the demonstration of it. It is a mystery.
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Icarus, this would be an interesting discussion in itself.

Would you give some examples of the skills/beliefs that you are having trouble transferring... I believe it may help us self-learners to see the situation from your point of view.

You say the transference problem is a mystery, but what is your best guess? When you observe this person trading do they have better results than when on their own? (hinting at discipline) Do you see their level of effort or the amount of time they have to dedicate to trading an issue? What is their level of confidence? (EQ)
 
I take everything "Jack" has contributed and think in a mathematical and computational manner. There's more than just a few connections, besides the obvious ones.
 
Quote from BA_Trader:
I basically try to trade the traverse of the ST and IT trend channels. At a certain resolution I am in fact trading L-R traverses - but that resolution is pretty slow.
More...
Do you ever trade from a higher timeframe chart than the 5m?
 
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