Spydertrader's Jack Hershey Futures Trading Journal

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Quote from Magna:

Hey guys,

This isn't a QuoteTracker thread, nor a software thread of any kind, and the off-topic clutter is getting extensive. We have a Software Forum here at ET so please take these seemingly endless conversations, problems, updates, complaints, etc. to the proper place. Why not start a(nother) QuoteTracker thread there, or even a "Software Used to Trade Jack Hershey Methods", that way everything will stay in one place and this very long thread won't get unnecessarily longer. Thanks.
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done.

the thread is here:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=97684
 
Spydertrader, The greatest challenge I face everyday is still trying to identify flaws in realtime. At times it seems to get a little clearer, then there are days I am presented with a point of - possible flaw , not identifying clearly, and exiting a trade because I had become a little lost at the moment. For me, personallly, to become very efficient at recognizing the flaws, is gaining the knowledge and skills to execute all I have learned , so that I may see CONTINUATION clearly. It is the ability to continue, not to be
"shaken out " of the direction of price, that would be of great benefit to myself. I think I need to understand the volume levels associated with flaws to get a better grasp. Are there a set of volume levels with flaws that are used , just for guidline, not as an exact number, to help identify flaws? In a review of the chat room from Tuesday, I had seen you mention something. If this does exist, would you please direct me to where I may find such information. I make every effort to strengthen all that is being taught here, as one day I may gain a greater level of skill, from all I have learned.
 
Quote from TIKITRADER:

Spydertrader, The greatest challenge I face everyday is still trying to identify flaws in realtime. At times it seems to get a little clearer, then there are days I am presented with a point of - possible flaw , not identifying clearly, and exiting a trade because I had become a little lost at the moment. For me, personallly, to become very efficient at recognizing the flaws, is gaining the knowledge and skills to execute all I have learned , so that I may see CONTINUATION clearly. It is the ability to continue, not to be
"shaken out " of the direction of price, that would be of great benefit to myself. I think I need to understand the volume levels associated with flaws to get a better grasp. Are there a set of volume levels with flaws that are used , just for guidline, not as an exact number, to help identify flaws? In a review of the chat room from Tuesday, I had seen you mention something. If this does exist, would you please direct me to where I may find such information. I make every effort to strengthen all that is being taught here, as one day I may gain a greater level of skill, from all I have learned.
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check this day's chat log: http://www.elitetrader.com/ch/DigiC...t/Transcripts/Elite_Trader_Chat/20070620.html
start from: easybeat (Jun 20, 2007 2:53:30 PM)

or from my summary:
http://www.elitetrader.com/vb/showthread.php?s=&postid=1507021#post1507021
 
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