There is no "system"

Turveyd said:
It's not random, but there is no way to predict what the masses are going to do, not 100% anyway, it's ALL based on supply and demand, high supply ( sellers ), low demand ( buyers ) and price drops and vice versa, it really is as simple as that, high or low both and price won't move.
More...


I think it depends on your entire worldview. Based on the above you are Nomologically Deterministic in your market beliefs.

Regardless, the only REAL question to ask is --- can IT be exploited ?????

best,

surf
 
JTrades said:
First of all, welcome back - you're livening things up already.

I find it hard to accept randomness is not a characteristic of a market. My physics teacher once made it very clear to me the universe is random and nothing in it can be predicted to a degree of absolute certainty. My response at the time was if you know enough about a process it can be predicted. The problem is we don't know everything about the market and it's participants. We don't know if/when Soros or Surf are about to enter their large orders or if BP is about to have a deep water incident (nor what the reaction will be).

You can predict so much, but to say randomness isn't a characteristic is like saying you're there are God.
More...

We have different beliefs, experiences and inference.

I was lucky to be a scientist by training and an inveterate problem solver by opportunity.

I see market variables as granular. Thus the mathematics of the market is finite mathematics.

there are few pieces in the set of elements in the finite math of the markets. Under 60.

SQL provides RDBMS and the key that interconnects data bases is the End Effect.

A COMPLETE set of elements is easily obtained.

QED.
 
marketsurfer said:
I think it depends on your entire worldview. Based on the above you are Nomologically Deterministic in your market beliefs.

Regardless, the only REAL question to ask is --- can IT be exploited ?????

best,

surf
More...


doubling every 1 to 3 days is good enough in at least 85 liquid markets around the globe.
 
I predict markets the same way I predict how a jack hershey post will play out.
starts out slow, rambles, rants, then ends with an unintelligible burst of obscurity.
 
stock777 said:
I predict markets the same way I predict how a jack hershey post will play out.
starts out slow, rambles, rants, then ends with an unintelligible burst of obscurity.
More...
LOL

so true. Jack Hershey is doing an amazing troll job. I just laugh about the stuff he posts. Its like he is playing the role of this savant who speaks in his own language based on his own warped view of the world. But for the rest of the world, it makes no sense at all and is completely random LOL... And yea... just like the markets.
 
Jack probably receives 5 to 10k dollars from 1 in 10,000 readers to
trade on their behalf to extract the full offer of the market and double monies weekly.
THAT is trolling and there is method to that madness.
Honestly, do you think he actually believes the shit he writes?
Dont answer that.
 
As a staunch defender of Jack in other threads......hell of a job getting things back on track.
I just cant remember which threads so dont ask.
 
jack hershey said:
You just added "prediction" to the content of what you had read.

A zig - zag chart shows market sentiment changes. Add two slower fractals like 5 minute and 30 minute.

Use a simple system of three arrows (30, 5, and zigs) and you see 8 combos that dictate the timely actions.

4 for short and four for long.

up , up , up is enter long.

down, up, up is enter early long.

up, down , up is.sideline

up, up, down is "hold through" the signal.

the other four for short are opposites.

To be a system based millionaire, draw zig zags for 20 days on a five minute fractal.

keep a log of the bar where zig occurs and columns for the arrows and a column for what the market dictated.

To make as reasoned profit on each entry; set a trailing three tick stop just three ticks I use 100 contracts away from the extreme of the traverse and use as an early exit.

trading 5 to 8 ES conracts and sweeping profits weekly on Friday makes about 500,000 a year.

this systemic effort takes 20 days to learn and 2 years to become a millionaire. To shorten the time, use 6 to 9 , then 7 to 10, then 10 to 16 contracts. Personally, I have posted opening trades consecutive days using 100 contracts in prints.

I know this is a complex system requiring RTM regression lines and three arrow columns. Assigning the action to the three arrow sets will be quite a challenge for most.

Programming it all in SQL would take about 1/2 day for slow programmers.
More...
Sounds good. But...

What is a zig-zag chart?

How does one know change of sentiment has occurred for one to record up or down on 30m, 5m and zig-zag chart respectively and take trading actions?

1. Up, up, up is enter long.
2. Up, up, down is hold. (how to hold as 3-tick rule would have stopped out one's long position?)
3. Up, down, up is sidelined.
4. Up, down, down is enter early short (?)

5. Down, down, down is enter short (?).
6. Down, down, up is hold (?).
7. Down, up, down is sidelined (?).
8. Down, up, up is enter early long (What is early long?).
(* phrases in grey are your suggested actions)

Another major problem I can see is that slower 30m's sentiment change signal is always late to log due to the trend overlap nature.

Welcome back.
 
Last edited:
You must log in or register to reply here.
Back
Top