check this link: http://www.elitetrader.com/vb/showthread.php?s=&threadid=15351&perpage=6&pagenumber=14
Apparently you didn't read the whole thing. Jack can make whatever comments he likes about me or anyone else who sees him for what he is. Bottom line is that his babblings amount to nothing. Lots of approaches sound good. But if they don't make money, who cares? I'm not interested enough in this nonsense to argue about it again. Anybody who's interested can start here and decide for themselves: http://www.elitetrader.com/vb/showthread.php?s=&threadid=14129 Y'all have fun now
It is apparent to me that you will comment on any thing I write especially if it is tagged by a reference to you. The steps you need to go through will probably be accomplished if there is some kind of incentive, either implied or direct. Because there will not be enough books for everyone, some people will not get one and will be in a lesser position for accomplishing their person goals. Think of my comment to you as a kind of bait to get you to act. either you will or you will not. To postpone is a common occurance for you. You assess only the risk others take and not the process they are encountering. So far it is limited, for you, to money and not learning nor balancing emotions to be an expert. Since the book is a book written and translated by an immunologist and psychologist, it is primarily a consideration of the balancing of emotions. That is the target you are going to get to as the months go by. Everyone here who posts reads what I write. You can see that for a year I have been methodically bringing up topic after topic related to making money. I spent about 200 pages dealing with taking a look at steadily increasing money making in a thread on stochastics. I answered questions. What you do is put on the table where you are and what Iam not doing to support everyone who you have determined have a set of problems. You say they have asked questions and I have not answered them. The effort you are making is demanding and takes a lot ofwork. Thus I get to know what you are conscious of. As I get your continuing flow of comments, I get to learn more and more about why it is difficult for a person to make money. db did the red line blue line thing in this thread. Obviously he doesn't get it and proves it to all of us. Last week he did the indicator vs direct variable shtick. He tells a person seeking help to not use indicators. The person he critiqued had an excellent "green line white line" rendition that I personally classed as "good work" because of the absolutely excellent and reliable signals it generates. db thinks the signals of indicators are lagging. In fact some are leading and some are contemporary. A&R's have four parts and Part 1 signal starts at least 6 to 8 minutes before the A or R. lol. What I am doing with you is getting you to the target that is now on your horizon. You either go or not. Others who may be able to identify with you, get to go or not go also. That's life. Read ice's comment. How did he miss the boat and when? Emotional stuff is a tough one for everyone. It is possible, from my viewpoint, to envision people who have never given consideration to how their minds and bodies work. If a person doesn't even know how he functions in a serial mannerr from the first sensory input to the final behavioral action he takes each step of his life as a trader, he is absolutely screwed for making progress and growing. What is it like to read what people write when a person knows this process. What it is like is to be able to better undrstand where that person actually is. Where is ice?
Once again, Jack demonstrates his difficulties with understanding the written word (even when he's the one doing the writing). Whether the individual in question uses indicators or not is immaterial to me. I was asked for help and replied that I analyze volume by analyzing volume, not volume indicators, and that if the individual were to take the indicators off and put the volume bars on, I'd have something on which to comment. And that's as far as it went. As for Jack's comment regarding the green/white line, as far as I know, he never did say why it was good work, what was so reliable about it, or what to do with whatever signals it provided, if any. This is typical of a certain type of guru-wannabe, i.e., "I know something you don't know". And the fact that so many people here are so far behind their own goals suggests that they are paying far too much attention to just this sort of nonsense. But, it's their money . . .
Oh for cryin' out loud. Quoting Grob109: It is apparent to me that you will comment on any thing I write especially if it is tagged by a reference to you. My contribution to this thread was in elucidating the thread originator to your rocket method, not in response to you mentioning me. Think of my comment to you as a kind of bait to get you to act. No surprise on my part there. Except for the "surprise" that you have the time for baiting. Recently read a post on your msn board that spoke of an expectation of you getting back there when your 'health permitted'. Had to laugh, those poor souls, considering you're healthy enough to write thousands of words here, and are healthy enough to use your time to admittedly bait others. Here's some bait for you: If you don't wish to further help the msn forum started for you, in which the purpose the group was started was for you to help them, despite the fact that they still need help and are looking for your return, why are you "helping" here instead? I get to learn more and more about why it is difficult for a person to make money... What I am doing with you is getting you to the target that is now on your horizon. To believe that I, or any person, am off-target or not making money, basing that belief on previous posts because they question, brings you to an incorrect conclusion. Questioning you doesn't mean I'm not making money, Jack. It just means I'm open to some ideas, and other times, I'm looking for further clarification regarding your answers.
Thanks for the response, I really appreciate it. I apologize for using the word "bait". I fish a little but I can see bait is an ill chosen way to describe what I was interestedin at the time. Your critque are questionings as a way to get to a new place. What I am dong here is passing some time. I am sort of restricted from taking on anything at this point. When I am at MSN I try to get work done to complete a series of important tasks. I have about 20 to 40 to do. What happens there when I take on a task there is that I work from concept to detail in a didactic manner. If I complete the exchange, then I go to work doing a series of about 4 edits using all the information that has accumulated. The odds and ends I type here turn out to give me rough copy that I will splice into the 20 to 40 tasks. I made comments. I really liked the threads on Announcements (A&R's). The green/white volume tick tabs is the nuts as a simple indicator to keep anyone on the "right" side of the market in a non lagging way. The stretch/squeese offset using "smart money and INDU cash is a great way to stay sharp on anything all day long. The DOM is my vernier for tuning the max out of continuous trading; so when it comes up I follow. I haven't gone through any detail as yet thoungh. It is the single greatest aspect of my trading for using market orders to come within a tick or so of turns. Occasionally people do actually read old threads and rockets, icebergs, SCT, and assorted kewl uses of indicators do come up. I keep track of MM's 15 money streams where he cycles each of them every 4 to 6 weeks to complete a turn on capital (15% gain on all assets). The guy is making 150 picks a year to do this. Naturally it is interesting to me to see the frequency with which he cancels and restarts each time all his 15 streams get filled with long holding periods. I like the thread Bob and Cathy runs also (It is in chit chat). She does 50K on 10K of capital a year. I read all of the scientist agregation's comments too. What a neat collection of people and apparently the environment is less threatening to those ET'ers who have hot buttons to deal with all the time.