How predictive is volume to index futures?

Fine, you dont like volume, you dont understand how to apply volume to price. Whats the big deal? There are many ways to trade, why do you insist on saying that there is NO WAY for something to work. I use price AND volume everyday and it works very well. Like I mentioned before its all about CONTEXT. Kinda like real estate is LOCATION LOCATION LOCATION.
Well price and volume overlay is all about CONTEXT CONTEXT CONTEXT.

Now, no one said it would be easy and learning how to DEFINE context and always being aware of this changing environment is a tough task, but one that is very rewarding once you see yourself catching nice moves on a daily basis.

 

I just cant understand why he cant interpret that for himself. What happens when price moves? Buying and selling. What happens when you have one side win and one side lose? A movement. What happened right before that movement? Usually, a LOT of printing, esp when its going to be a strong move.

I really don't understand a trader not being able to understand this by themselves.

I also cant understand why he expects me to outline my method or give him all my personal work to prove it. What do I care if he makes money or not?

 

I do not trade futures, but I do index etfs (sso, qld).

Volume is quite important. I tells you the weight of a move and able to determine an exhaustion point (in my case short-term) to enter/exit trades.

One of my trading tools is MarketVolume.com (yes, I pay for it). I do not place any trades before looking volume, just my style ...

 

continued...

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You do not "get it" most of the time. I figure that it is because you cannot think critically and as a consequence you post stuff that shows you cannot think much at all.

Don't patronize Jack. I have seen your wares, and I am 3 times the trader you appear to be. For one thing, I am defensive of new traders. You look at them like fresh meat to stoke your ego.

I'm sure you have some foundation for your proven viewpoint about the quality of trader you are. Using my appearance as a test against your actual is a good test and I am sure it is satisfying to you. When you further that comparison test in more detail, I'm sure you will have a lot of business coming your way.

All new traders, I hope, will take you seriously; those who do not may still have the opportunity to consider many profitable trading approaches. Some may be most fortunate to come to do the work requied to succceed at PVT then SCT.

I do have an ego and I do thanks all of those who have PM'ed me on their progress and successes. They are not new meat it turns out. Without exception they are working people and they are seeing the results of hard purposeful work.

I do get a lot of messages asking where to go to have a shortcut to be able to be expert in a short time. That is a very well kept secret and I wish you had asked for it right off because you would have gladly paid the price for it. Once in a meeting John Carter and Hubert gave me 6 discs they valued at 2500 dollars.; the sweet young thing next to me congratulated me on my good fortune. So I gave her a couple of discs I had left over from my shortcut meeting where I had handed out the pertinent stuff. LOL

I have no problem with my trading.

How to find problems with your trading is not something either spyder or I am going to explain to you. As time passes you will find out what I mean with regard to problem solving strategies.

See if you can rise to the occasion and let us know where your head is on what constitutes a proof.

Collective2, timertrac, timerdigest, theta research, hulbert financial digest. Take your pick Jack. Show us you are a trader. But of course, your only tracked time was a dismal failure. And you ignore this fact everytime someone mentions it.

I have been tracked several times. One IB, offered a 10% discount to traders who use my approaches. The SEC tracks me; we have reached an agreement, at this point, that they will decist from citing me when my accounts come up in their radar. Since they are searching for insider traders and that is where my trading comes up, my trading timing is considered to be criminal by the criteria they use. another name for it in academic journals and the like is "front running".

There is, oft cited, by people such as yourself, a 24% loss in a contest. My failure was a surprise to me, too because I thought I had withdrawn by not continuing in the contest (the rules didn't work for my apporach). I can see you hold great store in contests and their results. presently (CNBC, for example) they are a joke. I do check out contests occasionally to see how close they are coming to making it possible to trade during a contest. Nowadays, there are contests where coding is submitted and an automated code does the trading. Google ssss and see how he uses such contests to phish for code on successful trading.

You know Jack, the kind of place that would demonstrate once and for all you have no clue about profitable trading? Again, you hide under the nearest rock when anyone asks for you to demonstrate all the whistles and bells of Jack Hershey sideshow trading?

Yes, I do. There are several.

The most casual is public meetings where guest presentations are done. Trader's Expo is an example.

Professional traders that are expert, immediately recognize that it is a good idea to slip into the audience after a presentation to further pursue the Q's raised in the presentation they just did. two general things happen: invitations to come to their offices and offers of capital to trade.

People in the audience also gravitate to where the conversations go on. There is an even split on amounts of money offered for trading, professional or private.

A second place where this ensues is the demonstration and exhibitor area of conventions. Here is an axample: backtesting gear used to check out PVT. How did things go when my turn came in a group of interested people? There were two reactions. the gear screwed up and the audience thought the result was impossible. Think of yourself standing there as an exhibitor; what would you do? Well naturally the person decided to work harder to do the test using the criteria of trading PVT.

The gear failed agin and got the same identical results. the marketing director of that corporation was there and arranged for me to have an address on their in house design and development network and I was given all of their software products on the spot gratis.

By failing the test because my results were not possible in trading on a back test, a door opened for me to help them come to understand a power of their gear that they had not envisioned as possible.

The following year they introduced a new search tool at a convention. We tweaked it as the session ended and it was a better product immediately.

You seem a little niave at this point. Have you ever been to any events in the financial industry?

 

You are not supposed to understand it because it makes no sense.

 

Uh..Uhh... Jack is that you?? I thought you passed away. Good to see your still posting your bullshit.

Rock on all Mullets!!!!!!!

 

continued....

my assumption is that you are poorly trained and are not a person who has been able to make use of much of anything that you have or has been given to you.

My assumption is, that you are a lonely puppy, who gets off on convincing others you are a guru.

You are not naming me something you thought up as a category. I agree I am not a guru. I'm 75 so getting off on something is not on my quest list as a personal non sexual activity. Lonely, again is your imagination at work for your reasons.

This conjurring of yours is interesting and not reflective at all. Too bad. I feel very fortunate to have been around in the industry and elsewhere as well. I do like the way the future is unfolding for PVT and SCT trading. with new platforms coming on line and older ones being improved, it is, at long last, going to be possible for the man in the street to trade very successfully. I like the idea that the quant period is over and IB's are downsizing and refocussing on service. The vultures will forward the bad practices' demise more rapidly too. Apparently you have been MIA for quite a while now. What you have created for yourself is not reversable. the distain you show for me is undertandable. I hve seen it up front and person in many places of significance. I have never taken on the job of changing anyone or anything that is beyond repair. I certainly have pulled a lot of people back form the brink, however. Most smart people are able to reason. And when a very confident person sees something he thought was impossible, usually he is able to collect himself over time and get back on the horse to move ahead.[color]

You do make a good example of what can go wrong in the growth process.

so glad you are here to help others in this way.

 

I store them up using dragon 9 and break them up into ET sizes. then I color them as required.

Do you want me to post trades a few minutes ahead for a week or so? I have spare time during holds and I am usualy logged 3 to 5 trades ahead.

I only do 20 to 40 trades a day.

Remember I am an older person and I trade with sports memory.

When I post to a person I have several reasons. The person is just a foil for me to be able to get stuff on paper.....

 

Hey Jack, are u still planning on taking your spaceship to the Galrto Galaxy on the 4th this year? As I remeber you had problems with the rockets so let me know ok??

thanks