Questions How to Get Started Trading with Probabilities

Quote from Magna:

Jack is welcome to start his own thread where he may post bar by bar trading, and those interested can ask him questions. But this thread is a discussion about trading with probabilities so let's please stick to the topic. Thanks.

Did you just delete Jack's live calls and logs from last week? Why? Any disruption to the thread had already happened and removing his posts serves no purpose other than obstructing people who want to take a close look at his method.

Did you keep personal copies before deleting them, Magna? :eek:
 
Quote from PointOne:

Did you just delete Jack's live calls and logs from last week? Why?
Because I received numerous complaints that, once again, Jack was taking over a thread and posting off-topic to suit his agenda. They were removed in a normal clean-up of a thread where off-topic posts, and those who quote them, are eliminated.

Any disruption to the thread had already happened and removing his posts serves no purpose...
I appreciate your acknowledgement that he had disrupted the thread. Leaving off-topic posts intact would only encourage him (or others) to continue those discussions and prolong the disruption. The "purpose" was to get the thread back on-topic, not shut out those who are tired of Jack taking over threads, and let off-topic posters know their posts will not stand.

...other than obstructing people who want to take a close look at his method.
Good Lord man, Jack has over 7,000 posts spread out over more than 10 yrs. If you were seriously interested surely you could take a close look at his method in countless other threads.

Did you keep personal copies before deleting them, Magna? :eek:
Sorry, I do not keep copies of off-topic posts that I remove. I presume, however, that Jack still has his charts, logs, etc. Going forward I suggest, rather than taking over others' threads, that Jack start his own where his posts will be on-topic and his acolytes can ask questions and attempt to follow his every thought. This will consolidate things so that those such as yourself can more easily "take a close look at his method".

Now let's have this thread return to its topic and if you have any further questions please send me a PM.
 
Quote from BobbiDigital:

[B
snip

. Does anyone want to share methods on how they determine probability parameters for entering a trade?


opening bars:

For instance, could one calculate the average range of a opening 30 minute bar every day, and further slice it by day of the week, etc. and say ok, it's Tuesday, the down bar is 1.5 X it's average range. With a minimal gap, I know there's a 60% chance the market will move this distance/direction...

OR

Average past range (A band width)

The 30 minute opening down bar is 1.5 X it's average. Because it formed in this specific way, I anticipate a 60% chance the next bar to only move 50% it's average range with a normal distribution around the opening bar's low.


Past statisitcs ....what remains IN FORCE?
A follow up question is then are past statistics significant enough to enter trades or just a supplement to manage trades.

As usual it's worth fighting off anyone chiming in to ridicule me in hopes of finding someone that genuinely wants to help. Thanks ET nation.

BD [/B]
 
Quote from Magna:

Good Lord man, Jack has over 7,000 posts spread out over more than 10 yrs. If you were seriously interested surely you could take a close look at his method in countless other threads.

Please be advised that this post provided a great deal of entertainment value. Loved it. Priceless.
 
Hi Jack, as your posts had been deleted, do you still have these charts and would you be able to repost them or share them in another way?

Or maybe somebody else has them?

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Thanks.
 
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