Quote from OddTrader:
I surely know my IQ is pretty low (and the quality as well as readership of threads on ET is generally high), but, Do you guys really understand what the following thread is talking about? (Please be honest to yourself!) Use simple and plain English, please!
"Why Is The Obvious Not So Obvious?
http://www.elitetrader.com/vb/showthread.php?threadid=151802"
Odd Trader:
NYSEstocks started the thread.
He was puzzled by some things.
Now he no longer participates and the interim control of the thread fell to TO and he has been described above.
Personally, I am spending three days on the thread to illustrate live calling, the building of capital, and the consequences of compounding.
I am using a beginner or advanced beginning level of sophisitcation.
Tomorrow ends three days of building capital by doubling the capital where 30 points of profit in ES e-mini is the instrument.
To switch the conversation from "inventions" to maiking money, I began with the concept of making calls a few bars before each taking of profits of segments. Now others illustrate the market flow with coordinated charts.
Yesterday I just tabbed the trades of the day and called the end of the day so the open entry this am would be covered.
Today I did the opening trade (the long call from yesterday) in detail and showed the next beginning of a short. There was a long on bar 26 so now the day is in its third hold.
Tomorrow will complete "doubling" of capital in three consecutive days. Then I will move on.
TO who took over from the original OP (NYSESTOCKS) has been acting out and part of that is fragmenting the thread to only include those he can control.and relate to. In a month he will have his new invention completed, he avers.
The thread topic under trade management is a good one. Most people never see the market.
By calling and demo'ing doubling capital in three days, it is possible to put some light on how the trader partners with the market (on a beginner level) and then "reads" the OOE's of five logical aspects as they intertwine to make everything in the market operation quite obvious. This is the original theme of the thread.
I do calls 2 to 3 bars ahead (5 min) so everyone can be focussed on what is going on. The routine is MADA. And the method is named SCT a fallout of PEP the foundation of my three methods. The other two are PVT and SSR.
All is based on the now named softwre RDBMS. SQL is a populare rendition that uuses the requird finite maths.