fortes fortuna juvat

Discussion in 'Journals' started by stepan7, Feb 26, 2014.

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  1. stepan7

    stepan7

    It's 15:10, Third Bar Low @15:20 breached boundaries.
     
    Last edited: May 4, 2017
    #261     May 4, 2017
  2. stepan7

    stepan7

    This is cool and all very well.

    Do you have any practical algorithms how to code them?
     
    Last edited: May 4, 2017
    #262     May 4, 2017
  3. Sprout

    Sprout

    I see, by defining a formation as three bars instead of 2 makes the difference. Thanks!
     
    #263     May 4, 2017
  4. stepan7

    stepan7

    There are additional condition to create Lateral Movement, but I can't figure out them, this is why my algorithm incomplete.
     
    #264     May 4, 2017
  5. llIHeroic

    llIHeroic

    It depends on what you're trying to accomplish. Nearly all of the concepts and annotation procedures can be coded and it looks like you've done so. Price cases can be coded. Trend channels can be coded. Every End Effect has an objective definition and can be coded. Volume suppress can be coded. Laterals can be coded. Sym confirming and non-sym confirming can be coded.

    Volume sequences can be coded, but the fractal being built by the bar-to-bar containers varies wildly depending on market pace, and I think that's where pure automation breaks down. Sometimes a Traverse can span 10 bars. Sometimes a building block of a tape can span a whole day. This was discussed in the latter end of the TL thread. Also at times there's points where you have to pick a view with multiple technical possibilities and only data after the fact will confirm your view of the fractals.

    The RDBMS can get closer to pure automation, but the actual execution still needs a degree of finesse/intuition. If you follow the rules to the letter; i.e. PRV signals End Effect and the sentiment of the active bar changes triggers an entry; you've going to get way too many false starts.

    Also there are other strange inconsistencies if you introduce the Modrian Table, sometimes a c to c turn, which is supposed to denote P1 of a new dominant trend, will then have a "non-dom" leg that surpasses the c to c turn in price units; which goes against the traditional geometric rule-set ("The Pattern").

    As far as I've ever been able to understand, Jack and Spyder taught a tool-set; a paradigm for viewing the market. Based off set and mechanical principles of course, but actually turning the mechanical annotation procedure into successful executions never seemed to be fully expounded upon and time and again was where everyone seemed to fail. Either there's concepts the public was never able to deduce, or successful trading takes a certain degree of intuition / contextual analysis that can't be fully articulated. I referenced evidence for such a though in my last Fractal Theory post, where Jack told me, "You've just got to know a reversal wasn't possible at that point."

    I'm sure there's got to be combinations of automation with pieces of this method that have positive expectancy but it's a realm I don't personally have the skill set to delve into. tiddlywinks seems to have gone further than any have before (that I know of) in translating components of this method to a sustainable system with a some degree of automation.

    HTH. There is such a breadth of information and concepts involving the P/V that it's difficult to be concise answering basic questions.
     
    #265     May 4, 2017
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  6. river

    river

    llIHeroic,

    I thought I was familiar with everything Spyder had written here on ET and over at TL but I don't recall anything discussed about Sym confirming and Non-Sym confirming; I have no idea what that even means. Although I always felt the lateral movement/formation discussions were rather pedantic, perhaps I missed something of great significance. Would you expound on the Sym/Non-Sym confirming differentiation?

    Sorry to read of your ongoing struggles with mental illness, that must be very difficult. I wish you well in your struggle.

    -river
     
    #266     May 4, 2017
  7. stepan7

    stepan7

    Basically to summarize your post - you have nothing practical.
     
    #267     May 4, 2017
  8. Sprout

    Sprout

    Perhaps,.... and/also super insightful and supportive of "putting the pieces together" for those not as far down the path.

    Solid steps and missteps, both are real. Some can make one stronger and others quite wounding. Yet our bodies heal, our minds heal, our spirit can heal. To understand the experiences of others only adds to the expansion of perspective of one's own. Our perspective determines if one's consciousness is clear or obscured.

    Like a fractal, every one of those statements is something defined that folks can test for themselves.

    The concept behind honne and tatemae, inside face, outside face, private mind, public mind, inner truth, outer truth are all observable and real.

    Reality is something we can have facility with; delusions, illusions, protrusions and confusions,... not so much.

    However, back on topic:

    Would you expand?
     
    #268     May 4, 2017
  9. stepan7

    stepan7

    Though we are all human and willing support each other - "There is no empathy on Wall Street" - traders should firmly engrave it in their brains.
     
    #269     May 4, 2017
  10. stepan7

    stepan7

    Stats says that 95% will not make it.

    But here is the trick, little understood - As soon as trader deeply and honestly accept he is the part of the number, money will come in this business.

    Understand?
     
    Last edited: May 4, 2017
    #270     May 4, 2017
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