SnakeEYE`s handicaps
- Thread starter SnakeEYE
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Plagiarized
JohnnyK:
What is an example of a first and second derivative?
Jack:
The market works like driving a car. Price goes distances at various changing speeds that change as a result of acceleration and deceleration of speed. Distance, velocity and acceleration are the three aspects of the vector for going places. For making money it is the same. The first derivative of distance with respect to time is the rate (speed) at which money is made. This rate changes by increasing and decreasing. I use money velocity as a measure of effective trading. The higher the money velocity, the more distance you can cover.
If you know about how you are making money, then you can deal with what is upcoming most effectively. As in weight control, if you are gaining weight, the first effort to make is to stop gaining and then to follow up with losing the unwanted weight you gained. When I do a narrative on the gap open yesterday you can see all of this at play.
It is easy to monitor making money. If you enter and begin to make money, you are making progress. As time passes you will continually observe the increases. C&R's are related to this.
Also, you can observe when you stop making money. Further you can see when to reverse if you are not making money but it is in decline. As these things occur you check things out to see if you should take action.
SnakeEAR:
Ok,then what is a second derivative?
JohnnyK:
What is an example of a first and second derivative?
Jack:
The market works like driving a car. Price goes distances at various changing speeds that change as a result of acceleration and deceleration of speed. Distance, velocity and acceleration are the three aspects of the vector for going places. For making money it is the same. The first derivative of distance with respect to time is the rate (speed) at which money is made. This rate changes by increasing and decreasing. I use money velocity as a measure of effective trading. The higher the money velocity, the more distance you can cover.
If you know about how you are making money, then you can deal with what is upcoming most effectively. As in weight control, if you are gaining weight, the first effort to make is to stop gaining and then to follow up with losing the unwanted weight you gained. When I do a narrative on the gap open yesterday you can see all of this at play.
It is easy to monitor making money. If you enter and begin to make money, you are making progress. As time passes you will continually observe the increases. C&R's are related to this.
Also, you can observe when you stop making money. Further you can see when to reverse if you are not making money but it is in decline. As these things occur you check things out to see if you should take action.
SnakeEAR:
Ok,then what is a second derivative?
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