Has this Market been bad for Everyone

TMTrader · Jul 30, 2003

Quote from Scientist:

Problem with looking at "everything" is that you can't do it until you know the individual methods well. You must practice and understand them all individually. Once you can, you can just look at them at a glance, so you can afford much more information inflow to your brain.

It's like when you're first driving a car. You panic, have to concentrate so much and think you'll never be able to relax doing this...

Eventually, you can race through suburbia, with a tub of coke on your lap, gearstick in one hand, a pizza in the other, while talking on your mobile phone.

Regarding contradicting indicators: Well, if you pursue this method of analytical elimination, you'll get to know the co-behaviour of the different indicators very well, and instead of being contradictive, they become coherent and agreeing.

This way you can create a universal screen that you subject all your trades to before entry, and then trade using your individual most appropriate systems for each situation. This way, you can get a lot more opportunities then when you have just one system.

One example would be to use CCI for trend trading. Although CCI is, by definition, an oscillator, thus counter-trend, it can be combined with trend trading! The zero-line rejection or slingshot are great ways to confirm better entry into a trend, for example!

If you want to do this, go step by step - Make sure you don't take in too much information, or you'll literally be "blinded by Science"!

Good Luck to you, Brother
~Scientist
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On how many different futures and equities are you looking at with all of these different indicators?

Scientist · Jul 30, 2003

Quote from Girlpower:

Except for when someone places 10,000 cars at the market 2 seconds after your long postion was opened...?

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LOL Natalie!

TMTrader · Jul 30, 2003

Quote from Party Aminal:

No he doesn't. Registered in 2002, but first post was like June 1st this year. LOL
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How do you know when his first post was?

EMini-Player · Jul 30, 2003

Quote from TMTrader:

How do you know when his first post was?
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He probably searched for all of Scientist's posts, and sorted the results by "last posting date" in ascending order :eek:

-FastTrader

TMTrader · Jul 30, 2003

Quote from Girlpower:

Except for when someone places 10,000 cars at the market 2 seconds after your long postion was opened...?

Natalie
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You don't have the psycho indicator? How can you trade without it?

Scientist · Jul 30, 2003

Quote from TMTrader:

On how many different futures and equities are you looking at with all of these different indicators?
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Generally 1. (ES or NQ). But the other ones are always charted as well, just a little more lightly. (I watch YM also, as well as some tech stocks -SUNW, MSFT, INTC ...)

But it's the primary entry issue that I focus on.
The analysis / charting / drawing only takes a few seconds once you've done it a million times.

I have also automated almost everything on my computer, as well as analysis and executions etc via shortcuts, hotkeys and paths. Anything that saves time, you name it!

Sincerely,
~Scientist

Scientist · Jul 30, 2003

Quote from TMTrader:

You don't have the psycho indicator? How can you trade without it?
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I'm not getting you?

Greenspan reports are always announced well in advance -
Aren't they?

Girlpower · Jul 30, 2003

Quote from TMTrader:

You don't have the psycho indicator? How can you trade without it?
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No - psycho is what I get when the children are screaming and I'm having a really bad hair day...

Natalie

Scientist · Jul 30, 2003

Quote from Fast_Trader:

He probably searched for all of Scientist's posts, and sorted the results by "last posting date" in ascending order :eek:

-FastTrader
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Speaking of getting a life - LOL!

:eek:

Party Aminal · Jul 30, 2003

Quote from Scientist:

Speaking of getting a life - LOL!

:eek:
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Yeah, speaking of, that's #40 for you.