Technical Strategy
- Thread starter Tums
- Start date
Thanks for the kind works, David.
I'm not trading yet.
The plan is to work through the seven stages of knowledge and skill (currently on the 4th), before beginning live trading, starting with just 1 ES contract and using just the ES chart, and progressively adding contracts and tools as they are earnt.
The parallel threads that have sprouted since the inception of this journey have not escaped my notice.
I merely choose not to gape, like a fickle magpie, at every bauble lying in the ditch
Infiltrators, assailing the unassailable with wave after wave of changing faces, beating their heads against the wall with the seething fervour of a religious jihhad.
For theirs is a stunted world view, possibilities bounded at the breadline. Consumed by envy and fear, they hide their blindness behind veils as grotesque as they are shallow to bandy platitudes and recite their undying diatribes. Persona non grata, forever consigned to a reality of their own choosing, bleak and barren and eternally begrudging.
I afford them a fleeting indulgence, before erasing their irrelevance from my reality. Yet cockroaches and politicians survive the nuclear winter, to plague afresh under different guises.
Meanwhile, far more sinister is the ubiquitous spectre of conventional wisdom, that rears its head in even the unlikeliest of places, like a tumour gripping tightly from within.
The real cost of repeated failure becomes self evident.
I have been far from a model student, and this is just a chronicle of my journey. It is a measure of the teacher that he continued in spite of the odds, and did not seek another better suited and unencumbered, more direct, purposeful and less prone to flights of fancy.
It is my hope that every pitfall I so readily succumbed to can provide a lesson for prospective students and that this will become a valuable resource, a distillation of Jackâs wisdom. My charts should represent a cohesive amalgam of Jack and Spydersâ teachings, and in their consistency and continuity, may invite other open minds to begin a journey of their own.
I merely choose not to gape, like a fickle magpie, at every bauble lying in the ditch
Infiltrators, assailing the unassailable with wave after wave of changing faces, beating their heads against the wall with the seething fervour of a religious jihhad.
For theirs is a stunted world view, possibilities bounded at the breadline. Consumed by envy and fear, they hide their blindness behind veils as grotesque as they are shallow to bandy platitudes and recite their undying diatribes. Persona non grata, forever consigned to a reality of their own choosing, bleak and barren and eternally begrudging.
I afford them a fleeting indulgence, before erasing their irrelevance from my reality. Yet cockroaches and politicians survive the nuclear winter, to plague afresh under different guises.
Meanwhile, far more sinister is the ubiquitous spectre of conventional wisdom, that rears its head in even the unlikeliest of places, like a tumour gripping tightly from within.
The real cost of repeated failure becomes self evident.
I have been far from a model student, and this is just a chronicle of my journey. It is a measure of the teacher that he continued in spite of the odds, and did not seek another better suited and unencumbered, more direct, purposeful and less prone to flights of fancy.
It is my hope that every pitfall I so readily succumbed to can provide a lesson for prospective students and that this will become a valuable resource, a distillation of Jackâs wisdom. My charts should represent a cohesive amalgam of Jack and Spydersâ teachings, and in their consistency and continuity, may invite other open minds to begin a journey of their own.
Spouting inspirational monologues of intellect and trading is a sign of the ultimate hypocrite when one has never been proven to yield positive results in the trading world. You have been unquestionably manipulated into euphorically thinking that you have the skills of trading successfully.
Part real-time, part hind-sight chart.
5-minute ES traverse level gaussians drawn.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2239658>
EmWaved the longest continuous monitoring session (lost signal at ~30 mins).
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2239664>
Have to head out again in half an hour, but will post an EOD chart tonight.
My perennial commitments have almost come to an end, and I should be able to post more regularly from tomorrow.
5-minute ES traverse level gaussians drawn.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2239658>
EmWaved the longest continuous monitoring session (lost signal at ~30 mins).
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2239664>
Have to head out again in half an hour, but will post an EOD chart tonight.
My perennial commitments have almost come to an end, and I should be able to post more regularly from tomorrow.