Technical Strategy
- Thread starter Tums
- Start date
I asked you a simple question....with Yes or No answer...your answer is that it seems very important to me that you become convinced for something ......My opinion is that you have a mental disease...It is called Schizophrenia....this is because you think that My posts in Iterative Refinement tread are related to you...and the people using SCT are trying to harm you...you need psychiatric help fast....
Iâve been a bit caught up this week, hence the lack of posting. Also in the grip of an inescapable and inexplicable âwinding downâ, in anticipation of meeting Spyder and the others in NYC.
I gather that some comments have been made in the interim.
The way I see it this thread only serves three purposes... offering students of the method comparison charts from a fellow student; offering raw beginners guideline charts, ideally in real-time; and offering those on the sidelines food for thought.
Thatâs it.
There are no pretensions and no ulterior motives.
There is certainly no need or obligation to prove anything to anyone.
This is not an elaborate sales pitch, just an informal chronicle of my journey with a method that has been extensively documented and generously shared (our thanks to Jack and Spyder).
Any objective deficiency thus far is no fault but my own.
After all, everyone is responsible for the quality of their own results.
And Mr Blackâs 95% hit rate is very admirable, as are his efforts to present SCT principles in a more palatable and conventionally acceptable manner. He uses the PV relationship, but to my knowledge, has never claimed to trade seamlessly or continuously. He deserves nothing but praise, yet instead, as the most visible and transparent of the experienced SCT traders, is challenged and vilified.
I fail to see how making a few thousand per week, on the side, trading part-time, ever hurt anyone.
Clearly, that alone would be sufficient for a very acceptable quality of life.
It amazes me how most are blinded by the suggestion of seemingly impossible multiples of the ATR, and fail to see beyond that.
Does it really matter whether someone is making 1xATR or 6xATR?
While effectiveness and efficiency (i.e. performance vs ATR) are a measure of a traderâs skill and offer a consistent benchmark, the ultimate factor in the bottom line is obviously the volume traded, the main obstacle to which is coherence.
What if someone took the time to internalize some basic principles that allowed them to trade coherently? Even if they only traded an hour or two a day, even if they made less than the ATR, but could trade size without anxiety or inhibition, could they make more than one person could possibly need? What if they could then find a use for all that surplus time and money?
Some people see this as a threat, a challenge to their rigid beliefs.
This vocal minority have succeeded in deposing Tums and presumably alienating countless others.
There will always be people with low self-esteem and an exaggerated sense of entitlement. These people can adopt a cause with furious conviction.
I cannot help but wonder where they would be if they directed all that energy, application and creativity to more productive endeavours.
I gather that some comments have been made in the interim.
The way I see it this thread only serves three purposes... offering students of the method comparison charts from a fellow student; offering raw beginners guideline charts, ideally in real-time; and offering those on the sidelines food for thought.
Thatâs it.
There are no pretensions and no ulterior motives.
There is certainly no need or obligation to prove anything to anyone.
This is not an elaborate sales pitch, just an informal chronicle of my journey with a method that has been extensively documented and generously shared (our thanks to Jack and Spyder).
Any objective deficiency thus far is no fault but my own.
After all, everyone is responsible for the quality of their own results.
And Mr Blackâs 95% hit rate is very admirable, as are his efforts to present SCT principles in a more palatable and conventionally acceptable manner. He uses the PV relationship, but to my knowledge, has never claimed to trade seamlessly or continuously. He deserves nothing but praise, yet instead, as the most visible and transparent of the experienced SCT traders, is challenged and vilified.
I fail to see how making a few thousand per week, on the side, trading part-time, ever hurt anyone.
Clearly, that alone would be sufficient for a very acceptable quality of life.
It amazes me how most are blinded by the suggestion of seemingly impossible multiples of the ATR, and fail to see beyond that.
Does it really matter whether someone is making 1xATR or 6xATR?
While effectiveness and efficiency (i.e. performance vs ATR) are a measure of a traderâs skill and offer a consistent benchmark, the ultimate factor in the bottom line is obviously the volume traded, the main obstacle to which is coherence.
What if someone took the time to internalize some basic principles that allowed them to trade coherently? Even if they only traded an hour or two a day, even if they made less than the ATR, but could trade size without anxiety or inhibition, could they make more than one person could possibly need? What if they could then find a use for all that surplus time and money?
Some people see this as a threat, a challenge to their rigid beliefs.
This vocal minority have succeeded in deposing Tums and presumably alienating countless others.
There will always be people with low self-esteem and an exaggerated sense of entitlement. These people can adopt a cause with furious conviction.
I cannot help but wonder where they would be if they directed all that energy, application and creativity to more productive endeavours.