The bottom

Quote from Ol' Yella:

I also think it's funny when people frame themselves as profitable traders.

Like when people will say something like "I've been trading full-time for two years" and neglect to admit they've lost money during that time.

But you never know. Some of them might actually be profitable.

I just get annoyed when I follow someone for a while in the hope of learning something useful from them but then discover they have been lying about some things, or lying by omission.
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Handle123 was worth following.I had a set of conversation with this fine gentelman in the past,and he was for real.I`m sure,there are a handful of others down here,but a handful...
 
Quote from Ol' Yella:

I just get annoyed when I follow someone for a while in the hope of learning something useful from them but then discover they have been lying about some things, or lying by omission.
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Or when you try to talk to someone but whatever they say is so obscure and ambiguous that you can't learn anything from them.

That's actually a sign of a scammer/charlatan.

By making everything confusing, the "targets" will think the person they are talking to is really smart and they themselves are just not yet at a level to understand it, and feel the need to buy more courses/programs from them. In other words, some people mistake that as a sign of high level mastery when in fact it is the opposite.
 
Quote from 1a2b3cppp:

Or when you try to talk to someone but whatever they say is so obscure and ambiguous that you can't learn anything from them.

That's actually a sign of a scammer/charlatan.

By making everything confusing, the "targets" will think the person they are talking to is really smart and they themselves are just not yet at a level to understand it, and feel the need to buy more courses/programs from them. In other words, some people mistake that as a sign of high level mastery when in fact it is the opposite.
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well let me tell it to ya as clear as I can make it. A lot of us are sitting on close to 100% profits. That's pretty good. The days of greed and glory are over. We are what you call "Cautiously Optimisitc".

We are not looking for a bottom, but are worried about a top.

So that is who you are trading against.

You drive it up and we will be more than happy to hang on.
 
Quote from oldtime:

well let me tell it to ya as clear as I can make it. A lot of us are sitting on close to 100% profits. That's pretty good. The days of greed and glory are over. We are what you call "Cautiously Optimisitc".

We are not looking for a bottom, but are worried about a top.

So that is who you are trading against.

You drive it up and we will be more than happy to hang on.
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I wasn't referring to you :)

I know some people like to use trailling stops in the situation you describe, but of course then the qusetion becomes how much do you trail it by.
 
Quote from 1a2b3cppp:

I wasn't referring to you :)

I know some people like to use trailling stops in the situation you describe, but of course then the qusetion becomes how much do you trail it by.
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actually no. My best system is nothing more than classical trading. Put it on with a fixed stop. But the drawdown can make you feel like you are losing your mind. Even though it is my best performer.

I made one simple change, and that is changing the fixed stops to trailing stops. And it never ever made money again.

I hear people talk about trailing stops, and I just listen.

Maybe for you, but they have never worked for me.

But wouldn't it be nice if they did?
 
I often use a trailing stop to add to a big loser. Especially if it is my last installment. I want to know it can trade in my direction before I commit any more money to it.
 
Quote from jack hershey:

For me, the cases of adjacent price bars gate or kill measures in volume bars.

When volume bars are measured there are 8 cases plus the End Effect. I place the categories of End Effects in ranges. and they are comprised of 9 categories plus two singularities each of which have a specific rule. The total number of possible End Effects is 35.
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I believe I understand the above first paragraph. Would you expand on the second paragraph? On top of 10 cases in adjacent price bars, you have 8 cases for adjacent volume bars too? :eek: Usually you refer End Effect to trend. Do you have End Effect to volume bars?
 
Quote from Paddler:

I believe I understand the above first paragraph.


Good. Use this to build upon.

Trading "reduces" to the two cases where adjacent bars are in translation.

Would you expand on the second paragraph?
I will be careful on this. The price is suspended in its space; there fore two ends of each bar are involved. Volume is anchored on a horizontal line where the volume value is zero.

Thus we have two RDBMS's.

What an opportunity to get a job done. The process is called "adding degrees of freedom"

On top of 10 cases in adjacent price bars, you have 8 cases for adjacent volume bars too? :eek:

Yes, I am saying what you typed. And there is one more set of cases in volume. I hope you noticed I said that as well.

The way I write is a very explice and precise manner from the linguisitics point of view. This means I convey a lot of sunstantive content in a relatively small expenditure of words.

Usually you refer End Effect to trend.

End Effects always occur on a bar. When I am discussing iterative refinement of trading. At one point I introduce making an additional two ticks at the end of one trade and making an additional two ticks on the beginning of the next trade. for 15 trades in a day this is 15 additional points.

Do you have End Effect to volume bars?

Yes. I name each. I have 35 names. Here is a name: PP1.
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