swifty,
You started to learn SCT on 01JAN07. The first month was January.
At the end of January, you were half way through the first stage of SCT.
This is called a beginner status.
There was one concept presented in January and February that anyone could begin to master by working two months on the concept.
The crayola test for the concept's action points shows what is what. Do the January charts and then do the February charts. Make a note of where one contract has made the value of margin. You can also take the time to notice that there were few washes and just a few trades every day that allowed a person to learn to hold during many cycles of MADA.
What is the diference in a person working purposefully and a person conducting, consumately, a journal for the benefit of the public? There are several differences. The learner is working doing a personal process. The host of the journal is paying forward to all others who wish his help; he is in the trenches contributing to the thoughts of others by going to where they are, understanding thier needs and then responding to give the best help possible to that person.
Beginers work purposefully and they are rewarded in the first month. The host is on point to handle all the traffic and make sure learners are most purposeful in their work.
There are no dolts learning SCT. Anyone can simply start the journal and work purposefully through it at their own personal pace. There is no IQ requirement to learn and trade SCT. A little IQ is required when a person begins to help another through the six stages that get a person to expert.
Not all can learn SCT. It is not an IQ issue.
The issue is located in the mind. Specifically in the memory. A lot of things can permanently damage the mind. These things are all called memories.
For making money, there is no way to fool yourself in anyway. The mind cannot be fooled when it comes to making money. The trading record is the bottom line and the mind cannot fool the bottom line.
A mind can become cluttered with infomation in it's memory that is not helpful for making money. Formal education often makes the acquisition of knowledge and skill more effective. The journal provides a remote formal resourse for learning. It is also interactive and thus effective to a certain point.
Informal learning is mostly what people do to learn to trade. Being purposeful is very desirable. The opposite is more often the case.
The most evident quests that are fruitless are those who show us how shortcuts to wealth is the modus. Here the mind is wrecked by a range of malady causing traits. It also is getting filling irreversably with stuff that has bad bad consequences.
Laziness is a profound trait Another is "being very smart" and outsmarting one's self in the process. The mind becomes a dump of wastes and wasted mind space that is locked forever with the information and bogus knowledge permanently locked into it.
The major and final difficulty is that all of this is readily accessable and it becomes the automatic first resort when the person desires to perform. BUT, there is no capability whatsoever to perform at this point.
At this point my mind is at a place that comes from 50 plus years of participating in the markets. Soon, I will be 75 years old. On SCT and PVT, I can only write copy at a rate of over 7,000 words a day. I am working on five books at this point. Books 33 through 37.
Only some people will be able to read them. It is much too late for others.
Once a person has accumulated a certain extent of rubble and mind garbage, it is not possible to make the garbage and rubble inaccessable as the first resort. The content of the five books can only be stretched so far to build a shield for a person from the rubble and garbage already in his mind.
The main reason is that as the person sleeps, the subconscious destroys a lot of the temporary wall that was built by a process of redistributing the information into the forest of rubble and garbage. So it is not easy to find or access any good stuff after the first night's sleep. It is not memorable compared to the garbage*.
A purposeful learner doing work month after month in an orderly and complete way does do the job by using, as a beginning point, a clearing in the mind. A core is founded and shells of more and more sophisitcated thinking are acquired knowledge accumulate. Learning is a process. The subconscious assembles sinews of strong themes of skills that are used repeatedly and strengthened with every success.
You can read these paths of growth or decay in ET. By reading the one's in decay you can readily see where the line is in the sand that shows when learning is no longer possible as a means of reversing the piling of rubble and garbage. You will see the giant mental turds that are the first recourse of particular persons when what they read, yet once again, triggers a supreme level of anger and anxiety.
The whiners are a special group. It is part of our culture to have whiners in many locations; I picture them as people on street corners who have chosen their corner from which to not do much of anything.
Growth is more fun to observe and admire. There are the quiet aha's and there are AHA's and sometimes there are absolute religious experiences.
Th PhD's are writing their bio's with particular emphasis on how they saw the first glimmers then their personal learning paths and milestones. Now, they are full time in the work they are doing. They own PVT and SCT in every sense.
Using SCT manually ultimately, for me became a "sports memory" condition of trading. while no predicting is done, it is possible to simply run out ahead of NOW and "see" what is coming down the pipe. It is simply the power of "anticipation " manifesting. To learn purposefully keeps the mental space clean for adding more and more shells of knowledge and skills.
*SPM was garbage, for example. This is the informal learner-inventor at work. An MACD 12, 26, 9 is a pre PC default level of indicator. It is humor from beginning to end.
