I responded to your post, because I felt you are intelligent and you think. Why do you think it is possible to have capital and knowledge that work? I noticed that you wrote successful, but I wrote capital.
Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
I responded to your post, because I felt you are intelligent and you think. Why do you think it is possible to have capital and knowledge that work? I noticed that you wrote successful, but I wrote capital.
Yes and yes.
I am an MAT type trader.
Quote from blah12345678:
I believe he defines "taking the full market offer" as capturing all the swing high->low and vice-versa on a 1-min time frame. It's not so much that he knows what to do at each moment, but letting the market tell him exactly what to do. Then again, I think JH is omniscient and is 1 with the market...
More likely, you'll need to make 1 change per iteration before you actually know why things aren't working in that particular instance. Proper testing method - slow yet deliberate: Take a baseline, test, change 1 thing, test again, compare results, understand the effects of the change, and create a new baseline.
Lather, rinse, repeat as often as necessary.
This is a good description of iterative refinement.
Also I basically trade from the 5 minute timeframe display. But I do use other displays such as the DOM, T&S and OTR. My Str/Squ is based on the OTR.
Basically MADA is a routine that is done as required on the 5 minute time frame display. About three interlocking fractals are observable.
I also regard market sentiment on a 30minute timeframe. On this I use channels derived from Right Trend Lines (RTL's) correctly drawn.
All trading is contextual.
Trading involves contracts or shares for me. I buy and sell such to extract capital from markets via profit segments defined by trends. I take positions at the beginning of trends and I take profit segments at the end of trends.
It is obvious that a person must have a complete and precisely defined system of how the market operates to do this.
I deduced the system by examining the market differentially and intragally. Natural systems are examined in similar ways. the difference between natural systems and the market system is the system of numeration. Natural systems use continuous functions because of the nature of the system of numeration.
Explicitly, it is obvious that markets cannot be examined in a natural system context. All market values have a granularity that limits the system of numeration. The financial industry does make an effort to get around this in dealings with clients.
It is fair to say that most reject my work effort. They are obligated to reject what I do since they have no basis for taking its measure. I found the elements that make up the system and I put the pieces together as an SA result. As some have observed I am practicing AI in terms of the composition of AI.
Here xy asks if a trade and if I make money. HE/she does not wish to waste time. My, unsolicited recommendation is that he skip the 20 to 40 purposeful learning process. Besides not wanting to waste time, it is possible he will notice his head hurts.
I have not experienced the CW emotions while participating in markets. I am sort of a regular guy. I do not have to deal with stress mostly because I reason well.
In trading, most people fall into one of two categories. One wants money, the other wants skills and knowledge.
For me, I have noticed that money takes care of itself so I took the knowledge and skills route.
I feel it is correct to have a foundation and use building blocks to complete a structure on the foundation.
As a consequence, when I speak of the results, it is gibberish to the uninformed. I feel it is fine for a person to not want to consider how the system of operation of the markets works.
This type of person, if he participates in markets, has consequences he has to deal with.
The consequences are risk, money management, betting, hoping, stress, freezing, fear, anxiety and anger. to name a few I hear about in ET.
OODA is the betting regime of the financial industry. as has become apparent the financial industry does not stand for the kinds of things that create character mores and ethical practices. that is fine with all of us. The financial industry has been stonewalling Congress and its work committees for generations. the government will never be able to protect the "man in the street" from the financial industry predators.
Union members, soldiers, plain vanilla families play by the rules all their lives and get screwed in so many ways.
Since I can extract the full offer of the markets, I feel like taking the offer and handing it out to those who help solve local problems. I make deals to mentor and give away my system to anyone who wants to contibute some extracted capital and time.
Now I enjoy looking back over time when some goverment folks though I was a wrong doer. They really convinced me that it is impossible to explain what I do to a person who cannot do deduction differentially or intragally.
as I have mentioned, in 5 to 10 years the market data will be presented on totally different kinds of displays.
Look at the Lego toys of today compared to the first Lego toys.
as I say I built a foundation and added building blocks to get a complete stucture. Even Lego had changed from building structures to building machines.
I guess my job is to spend a few month building a machine to extract capital form the markets. So far all I did was create minds that can do it in ways that are "unbelievable" to the uninformed.
More of you need to step up and put me on ignore. Avoid the stress I create.
I was asking a simple technical question.
smart big money does one thing that stops trends.
It is visually displayed as a leading indicator of price.
All these people who have large margin accounts make the same mistake all day long.
Put yourself in their smug and arrogant places. Imagine, as they do, that they feel smart as hell making 20 % a year. Or making 30% a year, or making 45% a year, or making 63% a year, all year after year. they get bonuses as a way of keep money client capital allowed them to use to participate. some have to hire master mechanics to balance fuel injectors on their v12's. I mean I know I do.
So they NEVER look at the DOM closely.
They pile their limit orders on in the same values as they set their "tragets".
Market orders are flowing and as expeceted the capacity of the market squirts the orders through as fast as the market can match a limit order to a market order.
But smart big money is piling orders in faster than the market order coming in. The pile stays big. some smart big money guys pull their orders.
Hey in fact pulling orders and adding orders are bigger activities than actually getting market orders filled.
Everyone has watched the ladder of the DOM. those walls show as price approaches. did you notice the walls cannot be eaten away fast enough before price changes direction and goe the other way. This is scene as sentiment change using other indicators.
Smart big money persists in bulding walls which price cannot extend past either long or short. Anyone can see them approaching BBid/BAsk. the trding comes right up to them and stops the trend in its tracks.
Notice also that even vaues are most popular. Also notice how three values in a row each can be walls where values never get filled.
HFT hasn't figured this out either. Oh well.
Speaking of finding buyers and finding buyers. LOL
limit orders only find market orders who are looking for limit orders.
What I like is cascading. Who doesn't participate in cascading? Why? LOL....
Thanks Jack. BTW I'm not trying to take any shortcuts or bypass real knowledge. There is just a lot of knowledge out there, and knowing which is correct and which is incorrect helps one be more efficient with limited time. I don't think any of us would be doing this if there was no profit involved.
I'm 81 and my hobby is posting the facts with my limited time. Some people find what I say to be "unbelievable". I think it is for them.
The thing that works best in trading is compounding profits.
I just keep the BP level at 94% of capital and after settlement each day the accounts just have more contracts to trade the next day. Tomorrow, I will be seeing 300 dollars more per point in my accounts since there will be 6 more contracts rolling along.
Although sometimes I do sit at particular numbers of contracts until I get used to making so much money on a given level.
For stocks I stopped at 100K shares per stream and only 12 streams max.
YVW
The only way it will turn around is if you literally stop acting like everyone else. Not some of the time, but all of the time. If you only do it some of the time, you will lose anything you win. The markets are designed to take money from people. The ones taking the money understand you inside and out. Your success lies in whether you can understand yourself. If you do, then you will understand the mind of the opponent.
Ever notice how price goes up as long as everyone thinks it will go down and vice versa?
"There is a long list of things you do not know.
And there is that other list of what you do not know that you do not know about yourself.
You are confused and you do not know what is necessary".
JH
About sums it up.
Wyatt Woodsmall describes steps to do this.
I'm trying to regroup, catch my breath.
"I know a secret. if someone guesses it, I'll let the thread know. But it's very powerful and so I dont want it out in the open. It's so obvious that almost everyone wouldn't guess it....".
pinkman
By your user name I would say you were a fan of "Breaking Bad ?
http://www.youtube.com/watch?feature=player_embedded&v=A4F0TRXs-fE
And there is that other list of what you do not know that you do not know about yourself.
You are confused and you do not know what is necessary".
JH
About sums it up.
Wyatt Woodsmall describes steps to do this.
I'm trying to regroup, catch my breath.
"I know a secret. if someone guesses it, I'll let the thread know. But it's very powerful and so I dont want it out in the open. It's so obvious that almost everyone wouldn't guess it....".
pinkman
By your user name I would say you were a fan of "Breaking Bad ?
http://www.youtube.com/watch?feature=player_embedded&v=A4F0TRXs-fE