Quote from mcdull:
Hi Jack,
Does it mean some of the crucial "information" or algorithms are not disclosed? Are there any hints for a struggling SCT learner like me to discover the missing piece of puzzle?
Thanks and Regards
For PEP and its applications, there exists a full and complete set of information.
The PEP algorithm has two Hypothesis and one Parametric type measure (PM), only and there are one pagers for each of the three applications.
You can also find the yields of each application given their capacities as stated.
As expected, there is only one possible pattern (P, V) in markets and the nesting of fractals which occurs is caused by the granularity of markets.
At one time I gave 10 pages of hand written notes to a friend. Subsequently they were redone using typing and colored illustrations. Clean page four became very popular since it defined explicitely the regions of charts.
In effect, by looking at markets and then seeing the ten cases of adjacent bars, you get to do a pristine fully deduced silo that is both theoretically complete and which has a leading indicator orientation for extracting all of the offer of the market.
Here I posted seven charts and a few disappeared. I reasoned why. The posting system cannot discern sufficiently the difference of two posts simply because it does not look for sufficient differences. It is thinks it sees a double post, it cancels the second one it thinks it sees.
ET has no way of handling enough information to be able to describe markets.
I do know how to eliminate my similar posts from being dropped out. So I won't make those mistakes in the future.
As you can see hahahaha guy is not understanding mostly anything about which I am chiding him into getting rich.
What must it be like for a person to not have the use of his mind to become very well off in a matter of weeks.
everyone should examine why a person who has posted here cannot add contracts to their capital and they spend time year after year talking about the same simple topic of being a Beginner trader.
I started with 300 bucks. William J. O'neill started with 500 bucks. from memory I can tell you what page his bio is in one of his books. He spent 27 months turning 500 bucks into enough money to found his empire.
He never hid one thing from his audience. Neither did we for PEP and its applications.
10 or 12 years before ET, there was a beginning of the web type stuff. email came into being, etc.....
I remember emailing in 7 groups (a group had a time out limit.) Those seven groups had four additional levels to make a large tree. A 2 inch three ring binder was filled three times over in 6 months. When Liz started she made 30% a month starting with 100K. And she did her own hand written binders. Some of you may have recognized some of her stock pages in various forums.
We have to sweep the webb for "bait and switch" types quarterly. One recent one was making 60K a month off my name.....LOL.....
You can pick off about 30 illustrations here and there to know everything about PEP and its applications. Elsewhere, in a better managed site where detractors are thrown out, you can find a well deleloped summary of everything as well. The illustation set from the global one day meetings are regarded as terrific by those who attended and got copies. Some of those pics have appeared with derogatory comments deriding the fact that a lot of examples were merged into one series of bars to make all the points to be made in a short 7 or 8 hours.
hahaha guy puts his chart beside the PEP oriented chart and cannot see the difference.
In trading, one of the best facets is to always know that you know what is next; the single deduced pattern provides this precisely. Secondly, knowing trends begin and end on the same criteria is a brilliant tool to have in your quiver.
I magine a young person who's mind is not hampered as is hahahaha guy's. Or even the others I mentioned all of who created their stumbling blocks.
Picture a person such as Willaim J. O'Neill.
A person with a mind that is uncluttered by the hubris of the CW beliefs of the financial industry.
He gets out a steno pad. On page one he notes from any chart the cases of adjacent bars that he sees. There are about 6 or 7. Then he adds other bars in relations he sees The single bar OB and the three bar minumum lateral.
On page two he considers: what do these things boil down too. Here he dicovers how money is made in markets.
Only two cases exist for making money. The long or short translating bars.
On page three he figures out the SIMPLEST BOUNDARY FOR TWO TRANSLATING BARS.
Lastly, on page four he completes his quest for the Holy Grail. He sees that a translation of price ends and a new one begins and he links them one translation after another. He just invented the FTT.
hahahaha guy can't get this in his mind.
Can you imagine what it took to get Trade Navigator to put yellow boxes around cases of internals and blue boxes around the lateral case? You cannot... you just can't....lol....
Margin Call is a movie. It is not as good as the Temple Grandin Story (which 60 minutes just grasp upon the death of Steve Jobs.) We (meaning my buddies and friends in the field) have know about the value of the keyboard to autisitc kids for years and years. Now its better because the whole i pad is portable.
Imagine looking at videos of people learning this system when the digital video cam was just invented. I have one ten hour set that is priceless. A person goes from scratch to expert in ten hours of filming.
Why not just shrink it down to 111 minutes by editing one global meeting of one day in the market with 250 contracts rolling. The title would be "The Million Dollar Man" Ooops they used that one already.
Set up your camera when you did what O'Neil did (get his account to 250 contracts). Enter on open on ES and run the camera for 6 and 1/2 hours or when you get to a milliion dollars that day. I know it can't be posted on ET BUT and it can't be posted on U tube and it won't fit on an 16gig flash drive. lol.... I go through 4 8-gigs a week lol..... 2 gigs is an hour about.
I took hahahahaha guy's crummy chart and put the "internal" cases on it so the non-dominant trend would JUMP OUT at hahahaha guy. So did the dominant.
I wanted to potty train hahahaha guy on the fact that up/down doesn't work... lol....
I used to do six consecutive trend segments to prove the difference of three up/down pairs and two left/right triads of dom, non-dom, dom.
No one can get that one on ET either.
Fight the urge to not get a steno pad. They cost a buck each. Give in slowly, if required. Get a 0.7mm mechanical pencil and thirty leads (HB) for it.
Invest in four pages of discovery. Don't read anything; reading does not work.
Experience organizing all of the adjacent bars of the world into their groups and give them names.
You open the steno pad. You fold the cover back, Staple your business card inside the cover.
The pencil falls to the surface and you draw a sym you see. There are four kinds of syms you find out. The combos of two things taken two at a time. You get out two ball points one red and one black.
Now imagine your self as a white girl........ keep your eyes closed... imagine her as your daughter.......
She has a steno pad and she is in fifth grade. She found one of your 5 min charts in the waste basket along with the notes of another losing day at home. And she starts to figure it all out once and for all....
Enough humor and movie stuff.
I just wrote this to save you years of time following the written and illustrated stuff.
Making a million a day is just a matter of getting up to 250 contracts and doing MADA and trading FTT to FTT 20 to 40 times a day. You cannot do it if you ruined your mind and crossed the line in the sand. You can do it if you can think and reason deductively using critical thinking.
You ALWAYS know ahead of events (not time) when the FTT is coming left (not coming up ... lol ...)
I saw the Trillin interview yesterday..... sorry.
