The Stochastic Indicator

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Thanks for that new wrinkle, prof.

The box is complete, you have indeed written 300+ page book for us, and we appreciate your hanging in through the quacks.

I hope I am half as productive when I am 70:eek:
 
Quote from oddiduro:



Very encouraging.

The concensus is almost always wrong.

50,000 a year on rockets is an underestimate, BTW.
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It definitely is an underestimate. Your comments are so enjoyable.

I am at a definite loss as to understanding why people do not back into the possibilities by using the compound interest formula or simply any channel of any index from roll over to roll over.

Taking the absolute minum of cash (1 contract) and a rocket a day, gets you enouph capital to just add contracts and be right out of the ball pack. It is blow up proof even.

the issue of washes can be blasted in there too.

With the flaw box and the pre flight check it gets fairly baggerford proof too.

I know dawg is stepping from level to level and he is a radiant example of transference. but I can't resist calling how to get to an annual production above 50K or 100K or 150K as "Dawging it"

It just has that killer success ring to it.
 
Quote from bubba7:



It definitely is an underestimate. Your comments are so enjoyable.

I am at a definite loss as to understanding why people do not back into the possibilities by using the compound interest formula or simply any channel of any index from roll over to roll over.

Taking the absolute minum of cash (1 contract) and a rocket a day, gets you enouph capital to just add contracts and be right out of the ball pack. It is blow up proof even.

the issue of washes can be blasted in there too.

With the flaw box and the pre flight check it gets fairly baggerford proof too.

I know dawg is stepping from level to level and he is a radiant example of transference. but I can't resist calling how to get to an annual production above 50K or 100K or 150K as "Dawging it"

It just has that killer success ring to it.
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:D :D :D
 
there are some quality people here. Lots. The people who read and do not post, I know appreciate the quality of things that have happened.

A lot of the success is related to refining existing prior work. Another part of sucess is working hard. the successes of these folks is being posted and it is extremely helpful for framing possibilities and goals.

So we have some bars set now. They are reasonable goals and staging points. 10 points a day from nwbprop and dawgs days on the excel come from work they posted over a 6 month period.

The zinging we had worked out just fine for all the observers benefit finally.

After Labor day we will be caught up with streamlinig the thread on four levels and that will make it easier for a whole lot of people.
 
Quote from baggerlord:

I have read this thread. I started reading it when I was new to trading, and kept reading it all the way through. I make money now, and do you know when I started making money? It was when I stopped trying to decipher Hershey and follow these methods, and started listening to traders on here that can speak plain English, have solid trading rules, and actually make money. Trading is tough, but it is not complicated. It doesn't take 200+ pages to explain channel trading, breakouts, and reversals. The concepts are simple, it is putting them into action that is difficult. I think Jack is really dangerous to new traders because a lot of what he says are OK trading concepts, but he leads people to believe that any beginner can plug in their computer and start making 50k a year, just trading rockets. Well it doesn't work that way in real life, and I am now of the opinion that Jack is completely bogus, doesn't make money trading, and just gets off on fooling with people. Sorry if this is a misconception, but that is how I see it. Try his methods, and when you get burned keep looking because there is a lot of great info on this site and you don't need a decoder ring to understand it.

Check the poll in the chit chat forum, and you will see that as of now 72% of respondents think Jack is a complete fraud. Ecouraging, huh?
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baggerlord,

Have you tried Jack's system? If you know how to do correct way, please explain to us in simple english in one page.

Originally, I was planning to write a angry post, but then decided if this guy is so smart let him explain to us what he is doing correct. I know he copied JR's system, he is a waiter, started emini few months back with $2000 (told us in his other posts).

I do not trade Jack or JR system, I follow a breakout system with my own filter. But, Jack is trying to help people to succeed freely
atleast since 1998. He never asked anything back in return. His stock picking system is one of the best. We all should be grateful for person like him.

I will never reveal my system's exact rule. Trading is rule based, because it is very hard. You are always going to play with probabilities. You cannot stop losses, but if your winners are more than the losses then in the long term you will be rich man.
Every system has flaws, only, those who can adapt will survive.

Only complain is that Jack do not write in plain english. If you do not understand his writing, then please leave.
 
2 back using the bar levels. C&R is every 5 mins.

5 min green

10 min purple

we are in stall.

3 mins to raising stop I will go out at market to wash if stall continues.
 
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