Spydertrader's Jack Hershey Futures Trading Journal

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Quote from bundlemaker:

Attached is a chart of my annotations from yesterday. Note the arrows in the morning. They show entries and exits (roughly speaking) of the pt3 trades from the morning ONLY where increasing volume occurred. I apologize for the mess, all the annotations get confusing after awhile. The first arrow in a pair is the entry, second arrow exit. You will note that all three (when following forest level rules) end in a loss.

FWIW, I don't have a clue what is going on in your chart. The colors give me a headache and there are lines going every which way. Perhaps part of the problem? Compare your charts to one of our newest posters, Padawan. They are gorgeous and it's very clear what is happening in his charts.
 
Quote from bundlemaker:

In this case, the rules specify exit on break of RTL.

Im not sure what rules you are following, but there has to be more to it. Entering on a Pt3 and exiting on RTL break will lose everytime, think about it. There has to be another exit point, ftt perhaps?
 
Quote from Pr0crast:

Well there's your problem. If you can't get PT3s to work, STOP, and forget about everything else, and don't even think about progressing to other things until you CAN get PT3s to work. There is no hope without this foundation.

Here, here !
 
Did you see this ftt this morning? It was a gift!:D

ftt2.png
 
You may chose to think that my recently posted blotters are fake (and call me a liar). I've reluctantly posted them only after somebody asked me to do so specifically for your benefit. You may also chose to ignore the trades and chart snippets I've discussed. You may chose to ignore my post in which I've explained in detail my last trade of yesterday...

If you don't think that this method could be profitable for you, then try something else! It doesn't really matter if it is profitable for others if you can't use it, for whatever reasons.

I suggest trying this very simple method.
Quote from bundlemaker:

... btw- for all the exclamations that there are all these people out there making money, no one has shown how it's done in real time. I have completed reviewing every chat log from Dec through March and have yet to see compelling evidence.
 
You cant really look at it this way this particular morning because there was a consumer confidence # that came out at 10. For all we know, the # could have cause a major spike up (as price always reacts to this # unless its unchanged or something). Just looking at the chart is kinda deceiving in this case.

I'm only speaking towards what happened at 10:00 am and after, the FTT obviously occurred 2 bars earlier.

Quote from callmate:

Did you see this ftt this morning? It was a gift!:D

ftt.png
 
Quote from Pr0crast:

FWIW, I don't have a clue what is going on in your chart. The colors give me a headache and there are lines going every which way. Perhaps part of the problem? Compare your charts to one of our newest posters, Padawan. They are gorgeous and it's very clear what is happening in his charts.
Bundle:

Many of us have invited you to post your charts daily, now we know why you have refused to do so all these months.

You have done the work? I do not see any substance.

BTW, I have also invited you to the chat room when we were having gatherings. We have learned much from each other, as well as those occasion when Spyder dropped by. I am sorry you declined those invitations.
 
Quote from bundlemaker:

... btw- for all the exclamations that there are all these people out there making money, no one has shown how it's done in real time.
I have completed reviewing every chat log from Dec through March and have yet to see compelling evidence.
Go to the Equity Journals, people have been posting their real time PT3 and FTT entries on a daily basis for the past few years !!!
 
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