Technical Strategy

Quote from elovemer:

.... you are making assumptions about my current knowledge....
Not assumptions, but inferences based on your posted charts and your descriptions of mine.

... i guess my request will be avoided here... or refused.... not sure which....
Neither refused nor avoided.

The information is all public. If you are geniunely interested in learning these methods, only you can do the work that is necessary to differentiate your mind.

Again, I refer you to my initial advice and, should you decide to pursue this path, wish you the very best.
 
On your chart for yesterday you had 15:35 EST annotated as a traverse p3 short. Today you changed it to an unannotated short FF traverse (orange) and I presume moved p3 to 09:35. Could you explain your reasoning?

Thanks
 
Quote from dkm:

On your chart for yesterday you had 15:35 EST annotated as a traverse p3 short. Today you changed it to an unannotated short FF traverse (orange) and I presume moved p3 to 09:35. Could you explain your reasoning?

Thanks

With the gap deleted, bar 7 effectively made a new low. Also, to my understanding, the last five bars of yesterday and the first of today only completed a level 1 sequence. Therefore, by 15:45 EST yesterday, price could only have reached point 2.

I'm not yet completely sure what disqualified the last traverse of the day from being a bonafide traverse. So far, the most satisfactory explanation I've come up with is that there was a lateral movement starting at 15:20 which rendered bar 15:45 non-dominant.

If you have another explanation, I'd be keen to hear it.


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Quote from elovemer:

..... whatever.....
.... you ain't cooperating....call it what you want..... condescension is beautiful...

Then again, when you received similar advice in the past, you ignored it. Education remains an individual responsibility - not a charge of the collective.

- Spydertrader
 
Quote from elovemer:

...spyder i followed your link.....
... instead of finding what you described....

... i only found someone offering advice on a thread where the original premise was NO DISCUSSION...ONLY CHARTS....
.... never got any chart contribution from you on that thread.....
I can see how it would be easy to overlook the charts found in the journals. Some charts (only a few) are visible directy in the posts, this makes it easy for a newcomer to quickly spot them. Others may require one to click on the links provided at the bottom of the posts. This will open up the chart and allow the viewer to examine it. I feel this is a good place to start for someone unacquanted with how forums work. It may be a good first lesson for many.

I can also see how easy it would be to overlook the dialogue (discussion). This requires a reader to understand that when a question is asked or a comment is made that one has to scroll down in the browser (use the mouse wheel if you have one) to find the response and/or answer. Sometimes this can get very complex as a dialogue(s) may span multiple pages and require the reader to maintain his/her train of thought throughout many posts all while clicking to subsequent pages. Indeed, this is a bit more complicated than looking at charts but I am confident that many will overcome this barrier if they are persistant.
 
Quote from ghangi:

Ask Spydertrader to produce a blotter if you really want to shut him up


LOL

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This was a nice thread.

Thank you
 

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A lot of change is ocurring in the world and people do move on for one reason or another.

Boot camp was to be a focussed intense "all in' effort for a short period. How it works is well understood by those who will be running it.

Below I made some comments that are bounded by the limitations of your posting. Thank you for the scope and bounds of your thinking and observation limits.


Quote from ghangi:

Oh dear Jack.. the one infamous blotter that was proven to be bullshit, when questioned how he got the exact top and bottom he went strangely silent and never posted another.. is that really the best you've got.. how sad

several persons determined that it was not possible to call the top and bottom of this trade. The person who traded it did not have the difficulties that the congress of people calling bullshit have. There are two groups that relate to this trade: those that know it happened and those calling bullshit.

Everyone can choose which group to fit into. Obviously bootcamp is not for those who cannot get on the playing field as you cannot. That is always going to be your chioce and you made a good one.

Neoxx chose to do the arduous work of differentiating his mind instead of how you chose to become what you are. Many Europeans flew to NYC recently to spend a dozen hours with each other to consider how the process of doing the work provides what is needed to understand and take what the market offers daily.

Here in this thread it wa found that what is needed is a differentiated mind that is capable of doing four distinct and different processes in a linked routine: Monitor, Analysis, Decision making and taking timely Action (MADA).

What leads to this differentiation is not a post of a simple trade that made 43,500 dollars on an afternoon that no one even remembers except by turning to a three ring binder that has al the day's efforts corrolateed within it. Turn to that day in your binder and see how it went for you.

Also go to Babak's blog where he compares me to the other end of the turtle Curtis spectrum. While to topic did draw some comments, not all of them are there to see today since a lot of the comments were trashed by Babak.

Babak hasn't had any money making experiences it turns out.


I also notice you couldn't produce your own blotter.. strange how the guru himself has never produced one :p

Whether or not I've produced a blotter depends upon the person doing the review of those blotters. Check out some of their comments.

43,500 is about 1/40 of the largest blotter I have made available. Any SEC citation that I received was never in regard to a trade as small as a net of 43,500. All of this happened long before you appeared on the scene with a computer.

I'm not a guru it turns out. I do support the learning process of others and it is true that my theory of learning was broadly accepted at the time it was introduced; you were not born at that time.


And how is it Spyder trades 40 cars but gets thrown out of functions for being dressed like a pauper.. or you yourself having to live off your partner.. a lifetime of failure has taught you nothing but how to lie Jack

The mantra that you have settled on speaks for itself. Everyone has their approach to life. The people who gave their addresses to Todd in NYC will be getting five volumes from me as a courtesy. They will also be handed out in November in Las Vegas. While books are not possible to learn from, they do provide a set of references for what has been learned by persons doing the work to differentiate their minds. I've enjoyed the culling process and reviewing the last 50 years of trading in the financial industry.

There is also a great deal of humor regarding trading. What makes the humor so rich and colorful is what people have to say as a consequence of their experience.

Do you know what the definition of a full time trader is? LOL....

Can you imagine why I didn't give my annual forecast in December 2008? LOL........



ps: this is your first post in 2 months.. I guess you were hoping against hope Neoxx would finally succeed where the rest of you have failed.. but no.. another DONUT FOR SCT

When Neoxx and I get together in November, we probably won't be mentioning you in the conversation. Neoxx has had great success in coming to understanding what is going on with respect to taking what the market offers. He is connected to the markets in a partnership and he well understands the division of responsibilities. He has afforded the world a good example of what it is like to deal with building a mind resource that is what is required. Certainly, I and many others, have a lot to thank him for.

He said many things. Others accepted them. He built trust with a lot of others. His "tells" have value to many. They are valuable.
To become knowledgeable and skilled requires a "first recourse" in the mind that is excellent. Learning to gain that means having to circumvent a great deal that can be in the mind that is not a proper "first recourse".

Your first recourse is a consequence of your choices. So is mine. So is Todd's and so is Neoxx's.

"Passing it Forward" is in its fourth generation.


Perhaps you need something... simpler

What pool extraction is, is simple: Principles are used to have what is certain based on sufficiency. The choice to understand this becomes denied to people as they make poor choices as time passes.
 
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