Why Is The Obvious Not So Obvious?

[SK0]

Quote from jack hershey:

I do not want to miscue anyone or confuse anyone.

I thank you for spending the time coming up with a set of questions.

...

Thank you for the clarification and suggestions.

 

[IntelliBitz]

Quote from The Oracle:

based on ur previous answers..are we at a low risk entry now..and should we enter now or wait for the next bar..or few bars..or many bars..to decide?

Low risk, can enter on next bar.

 

[macattack]

Quote from The Oracle:

i think there might be a flaw..maybe i am missing something?

next trade is winner but the overall cash has reduced..seems a bit like the real market..even when u win u lose

In real life where would you have put your sell stop orders on those 2 trades (if even using stop orders)? The 2nd trade pulled back quite a bit.

 

[macattack]

There are a lot of threads like this one by:

The General
NYSEStocks
The Expert
The Oracle
Socrates
Elite34S

That's just on this site. Then there are a bunch of similar threads by similar people on other trading sites. This has gone on for a few years now.

I searched google & see there are a bunch of companies which offer services to start threads & post on forums to generate business.

Is everyone here being duped by some paid forum posters sitting in their mom's basements somewhere, or is this legitimate?

Why would someone spend so much time posting all of this stuff for people he doesn't even know?

It's hard to imagine a successful millionaire trader sitting at home posting on EliteTrader.com.

I'm not sure if I should keep trying to learn from all of this, or if I should feel like a complete idiot. Let me know. Thanks.

 

[macattack]

Paid Posters: Are You Talking to One of Them?
What You Need to Know About Paid Posting"
Jennifer Foote, Yahoo! Contributor Network
Dec 11, 2006

So, a few people get paid to post online, what is the big deal?" If that is what you are saying, you are definitely not alone. Many individuals believe that paid to post forum posters aren't causing any harm. While this is true in most cases, it depends. What type of message forum do you frequently visit? Are you seeking relationship advice, looking for career opportunities, or looking for advice on another serious issue? If so, it is important that you take the information you receive with a grain of salt. It is difficult, if not impossible, to determine whether or not you are receiving genuine information or information from an individual who is getting paid to post whatever they want or even a particular opinion.

Since you typically cannot tell who you are speaking to on an online message board or forum, you are advised to proceed with caution."

 

[v34rm]

Quote from jack hershey:

Get the one page description of trading SCT. There you see eight items several were used to do the 22 trades as a beginner/intermediate.

Trades numbered 23 through 31 are interposed and would be done by an expert.

The routine is all in all the time using reversals at each number. You simply have the confidence to know that exit then entry is an identity and the vector direction is opposite.

granularity is the basis of all trading and formations. You build from the finest to the most course and trade from the gross to the finest.

The simplest formation is the parallelogram.

Trends begin and end on failure of the trend It is very simple to understand that trends do not go on forever. Thus you know two things: they have ends.

You are troubled and have many stumbling blocks. there is a line in the sand when crossed the mental damage is irreversable.

Today you finally find out if you can read my chart of the market that takes the full offer of the market using a one pager containing 8 items.

The knowledge question you want to learn.

Practical knowledge comes from its theoretical basis. I'll explain this separately.

Hahahahahahahaha Jack shows no risk trades after the fact

 

[baron193]

Quote from macattack:

There are a lot of threads like this one by:

The General
NYSEStocks
The Expert
The Oracle
Socrates
Elite34S

That's just on this site. Then there are a bunch of similar threads by similar people on other trading sites. This has gone on for a few years now.

I searched google & see there are a bunch of companies which offer services to start threads & post on forums to generate business.

Is everyone here being duped by some paid forum posters sitting in their mom's basements somewhere, or is this legitimate?

Why would someone spend so much time posting all of this stuff for people he doesn't even know?

It's hard to imagine a successful millionaire trader sitting at home posting on EliteTrader.com.

I'm not sure if I should keep trying to learn from all of this, or if I should feel like a complete idiot. Let me know. Thanks.

Even better, being duped by the so called "experts" to divulge all your trading knowledge in an attempt to help newbies.
A public forum is no place for sharing specifics, you might not think the knowledge you accumulated over the last 5 years is valuable, after all you're not consistently profitable yet right?

 

[Jestersofmalice]

Quote from macattack:

There are a lot of threads like this one by:

The General
NYSEStocks
The Expert
The Oracle
Socrates
Elite34S

The top 4 names are all definitely the same person.

Personally, I think the whole thread is a 'wind up'. A bit of fun.

Pretty much every post, all we are being told by the 'expert' is: ''Do what is right to make GOOD money, for, if you don't, then you won't''!

followed by a poem.

That won't help anyone, despite what some would try to have you believe, lol.

I'll probably get a little abuse from the OP, but there's no need.
It's not an insult.
Simply my opinion, which we are all entitled too.

 

[v34rm]

Trade # 10 Enter Short Thursday Exit Friday WTF

 

[mcdull]

Quote from jack hershey:

As most know, part of my life, I was an academic and I passed the survival test.

during my academic life I ran two of the five divisions of the UCSC. I also began to work at EOP and gradually shifted from one to the other.

My corporate career began as I left the political scene.

At the beginning of my work career (5 years); I was an innovator at WECO and thus while in grad school was made an MTS at BTL. This usually takes three years of BTL employment but since I was contributing significant contributions the powers that be skipped most formalities.

I had only one full time job after schooling at IBM. There, the ink I chose for publications and covers was Kotex Blue and you probably know the rest of the story. Machine grey became blue when mainframes became modern and transister oriented. If you are from Tech you know the Ida Green building and the Ida Green 29 department full graduate fellowship. My second wife was a magna cum laude in first Prniceton graduating class and shee later became the Ida Green fellow at Tech when she went to get her professional degree. She was the wife (and secretary of) of the founder of TI; IBM gave TI their transistor production line and I had tech responsibility for the information thereto.

Now I am going to explain to you how thinking and proving theories works.

The Financial Industry has it wrong. C plus history majors from the Ivy League run the FI by heritage of wealth and no brains and alcoholic parenting.

Theory can be obtained by either deduction or induction.

From theory, pragmatic applications are made.

I use PEP and three applications: PVT, SCT and SSR.

CW follows theories derived from induction. They are created using high powered statistics taken from market operations. If you are educated, you know this does not work.

The proof is as follows. The financial industry makes it money from fees and commissiions related to sales to get capital in house. Additionally, in science induction is never used to figure out how things work in theory or in practice.

So I turned away from the ways of the financial industry IMMEDIATELY upon learning on day one how prices moved from left to right and vice versa.

I deduced PEP (Pool Extraction Paradigm.) using Keynes' Paradigm Theory and the Logic Theory of Carnap.

The nature of markets DICTATES the mathematics which must be used.

Algebra must be used and the Algebra has a one on one relatiionship to the numbering system of the subject at hand, the markets.

Market owners make rules. The rules dictate the mathematics.

I, as an educated person, had to avail myself to use what I knew about Science and Mathematics.

There are two "in kind" hypothesis found in markets and they totally cover the market operation. they happen to be orthogonal. The measure of each aspect of each hypothesis boils down to one class of measurement and those measurements (PM's) can only be used in on type of mathematics for that system of numeration.

In 1848, George Boole, invented that algebra.

It is the maths I had to use in the one job I had after graduating college.

The HS dictates that velocity is what is measured as the PM.

So I use velocity as a vector in Boolean algebra to do what I do.

The financial industry does not do this.

The HS is deceptive in its dictates. If a person is not careful , he falls into the trap of relating things to time.

And it is important to realize that Boolean algebra does not use a system of numeration that is "continuous' as does an algrebra related to the base ten where two types of numbers can occur (rational, irrational and imaginary).

What happened to most people is that they never learned to think critically and do problem solving with scientific tools. I did though.

You can see the one pagers for PVT and SCT. There probably will never be an anymore elegant solution to huge problems than these two sheets of paper. And there is an absolute guarantee that they appear as a foreign language to the ignorant

Hi Jack,

I am reading some of your old posts and I have some questions regarding the lissajous pattern ("Figure 8").

1. I believe the lissajous pattern is for making entry/exit/reverse decisions, so it is useful for identifying FTT. Is it something you are still using, or is it superseded by something else?

2. If I am using lissajous pattern (dP/dt for y axis, dV/dt for x axis) with 16 cells. i.e. 4 cells for the trading fractal, within each cell, 4 cells are created for the faster fractal. Is it the best I can do for getting trading fractal change signal? Assuming finer tools like DOM, STR/SQU, OTR are not used.

I am still unable to get consistency in identifying FTT. Sometimes, I spot FTT too early, sometimes, I spot FTT too late.

Any help or pointer is appreciated.

Thanks and Regards

PS Sorry for OT.