Quote from inandlong:
For the record, are there a few other factors, or only one? And if there is only one, ie., market, does that make it then a three variable financial system?
****Yes, No. review Two major sources for this. The data supply and the maths scope of application. I am going to the place where the person is to allow him to manage the situation. I am trying to draw him away from the unessential and the fluff.
I**** did add another degree of variation to a simple system I recommend that you previously were familiar with. I may be mistaken but I think I am responsible for its origination. A very powerful tool within any character of market, is the indicator of control. A/D does this. The range of indicators on this are quite significant. BOP by worden Bross and WJO's A through E are broadly separated I modified Hayworth's VC from relativistic to absolute. Level II when it exists for a market is the most exating.
****The thing that is apparent to me mostly is the fundamental frequency of each of these three variables. Thier ranking, in terms of importance has a direct correspondence to their fundamental frequency or periodicity.
Much of what you say Jack is valuable information, and I appreciate your contributions. I am not sure why you found it necessary to make the disparaging remarks about people making money on ET, (paraphrased).
****It is common for people to put themsleves in the position you are in with regard to this. Those that get my point think this way onthe other hand. There is a simple truism about investing.
You have to do it right from the beginning to be able to continue to do it.
as a corrolary I feel it is also true that you cannot claim competence at any level if you have not attained various degrees of success. Reread as you intend what I have written here. See if you get to the place where you understand the markers I set for this. They are based on the experience of others I have watched. Often they are not met. The primary cause is a group effect. When it is one on one the pace of capital appreciation is higher. This is directly related to my ability to jockey my emphasis to meet the necessity to go to where the people are operating as a starting point to conduct them to a better place of performance.
Google my contributions in organic farming vis a vis the repair and maintenace of soil. See the cardinal elements of what is required to grow something. Or take a short cut to the sower story. Only one out of for approaches worked there. Here in ET it will turn out to be the usual 1 out of 5. Outside of people there are things to consider. It is not the person only. Obviously you see why people fail here. Their need for attention is an intresting facet of this place. Some actually never contribute but only make noise. Others just crap on themsleves by carping about their inability to whatever. Critiques abound to demonstrate the foundations people have here for entering into dialogue. At the other end people expose themselves as a tradeoff to gain more of what they need but may not be able to define.
****Look at the recurring example of the money thing. I set simple plateaux of expertese described by cummulative profit. I suggest tat people withdrawintiial capital as a way to instill an attitude with respect to success and eliminating the posibility of failure.
If no one at ET is making any money, and you are at ET, then the logic follows that you are not making any money either.
****Look at yourself. Being silly is fun. this is like the theme here called: "he changes the rules all the time"
** It will always turn out that the black and white types stay in this place. I suggest that I need to go to where people are. I suggest that it is extremely important to continue to succeed on an inital level. I use fast paced trades that have dynamite signals. I am winnowing people out so I do not have any knowheads on my case. The consequence is a true and illuminating setting, I find out better where people are. some are iteratively refining what they do. Others cannot handle the risk of beginning at this level. I have short list of names of people in these kinds of categories. I log the 18 common mistakes people make from chapter 20 of HTMMIS. I get to focus on the way to conduct myself when I have time.
** I see a person who has a carry over characteristic. some guys can slalom potentially. so i set up a buddy group to shoot off a post to them. Another guy, Wally, I tried through Barron to make contact in a way to shoot him a lot of software. In one delightful example I saw that the first DU on the trend start up was triggering exits for a person. I actually worked through three support mechanisms to fix this anomoly for the person and as it turned out others. It got to resetting point 3 even. All this slows down things and the money yield goes way up. The bob and cathy person is bi polar to me. She is bouncing off a variety of walls usually and according to her attention getting committment of the day.
***So I regard your missunderstanding on money to be incompatible with your postition that there's nothing new in what I say to ET. You can't have it both ways.
I am looking forward to re-reading more thoroughly your posts on this thread. There seems to be a lot of very good information. Nothing new, but certainly validating. Thanks again for your efforts.
****There are three time periods to consider: two days, two weeks and six months. I don't think what I do has much chance of validating stuff; it's all old. And most important I don't do anything new. Things haven't changed much since about being three years into it. Making money seems to work the same old ways. there is a difference between pencilling your own charts until things are invented to do it for you, but thats not anything new either. By delving into stuff thousands of times it gets familiar.
****I always like to clip the creosote at max and do a hammer head set at sunset just cause I like the range of sounds but nothing is new about that.
