Watch the picture, JACK.... WATCH the dots MOVE BY THEMSELVES who controls your subconcious JACK? WHO ????
The mind controls the sub conscious. getting the subconscious observations to become part of the mind's inference is an amazing process (also doen unconsciously). Sensing is only 10% of perception. The other 90% comes form long term memory as inference. Your commentary on PEP and its Applications: PVT, SCT and SSR shows how a person with zero inference cannot write about what his eyes are reading or charts he is seeing. thank you for being an example. Mr Black on the other hand is accomodating you in very simple language andpictures to , as you say, dumb it down for you. I'm having trouble nvisioning your "quant" and you "firm". I can envision your dog sitting in Central Park since I have put on events in Central Park. I'm the person who tok the fence down on Wall Street and did those Wednesday noon productions on the portable stage put in front of GW during the Bi Centenial. I was also the host of the MC dinners inside the TB.....
Is there anyone who can't see the following? 1. Dominance 2. non dominance 3 P,V moves 4. trends 5. three moves per trend 6. The order of the three moves as expressed by dom and non dom. 7. trend overlap. 8. all trends begin with dominance. 9. the middle move of all trends is non dominant. 10. All trends end in a failure. 11. The end of a trend is dominant and the beginning of a trend is dominant and the dominant direction has REVERSED. 12. How to take profits by reversing into the next trend at the point of failure of the prior trend. 13. How to hold through the non dominant move instead of exiting early. 14. How to avoid entering a non dominant move and get into a DD by holding during the subsequent dominant. 15. How to always be able to do a wash trade instead of take a loss. When this is working you can trade more than 1 contract. Doing reversal at times of move ends and trend failures is to take profit segments. Profit segments get better when you use leading indicators of price. There are 7 of these that you coordinate.
We finished the long three moves (dom, non dom , dom) and then waht happened? there were three more moves in a short. See below. I am using the words: moves and dom and non dom. If I do this 50 times and you read it, you will want to bgin to annotated so you have another level of precision. Next you will want to add the seven leading indicators. Or you will reject all of this for mental reasons.
Quote from jack hershey: Thank you for giving readers another shot at reading the point I was making. There has not exactly been a chorus of acclimation rising to your defense. Your comments indicate to me that you do not get the point I made. No one understands the points you make, except perhaps the institutionalized. Some people do understand my comments I think I found a place that you may fit in:
the bars are doing their thing. This pic shows where Ross and dave screw it up because they haven't done the drills
What you wrote is understandable but I don't think that is what everyone is talking about. I think it's about risk. To try to make $200 per day on a $10000 account is a 2% risk per trade. With a $50000 account with the same $200 target the risk is 0.4% risk per trade, a hell of a lot more room for draw downs before being forced out of the game.
So what ARE those green and red diamonds. They aren't white dots on a napkin or a rabit eating the tablecloth. The green one is the ASK WALL and the red one is the BID WALL. What are they going to do in a move in a trend? Does anyone know how to set a trailing stop?????? LOL Deos anyone know how to not set a target????? LOL....
What if you knew the boundaries of these trends you are using to mop up the market's continuing offer? This is a tough question. You are just making 25 bucks on your 50K a day. that long you are watching is fun isn't it? LOL What if ET had skype??????? T666 would have the news in real time...... LOL... He could actually hear it if he were on the skype.....