I am getting my butt handed to me on a daily basis!

Discussion in 'Professional Trading' started by jeredlbb, Jun 18, 2013.

  1. Couldn`t say you exactly.My guess is that it involves 4 types of the trend,A,B,C and D type.I`m not familiar with the Jack`s binominal lables,PP and what it stand for.Maybe FF can clarify what the double P means.Though,i don`t see double P in the log.

    I wasn`t able to concentrate for the few last days,as my freaking neighbors went crazy with their maintenance.They are doing different kind of DRILLS then we are.If you know what i mean.
     
    #461     Jun 26, 2013
  2. LOL I think so...
     
    #462     Jun 26, 2013
  3. Trapper

    Trapper

    Hope all goes well for you Jack. Wish you a speedy recovery!

    Trapper
     
    #463     Jun 26, 2013
  4. Pipflow

    Pipflow

    Look at the mistakes made and correct it for your benefit.
     
    #464     Jun 27, 2013
  5. heywally

    heywally

    Lower position sizes, only buy at apparent support areas, scale-in slowly, scale out slowly, only use indexes, take a multi-day timeframe approach if necessary, trade UPRO and TNA, not futures and only use the 3X leverage ability of those to put less cash-at-risk, not to buy too much, never let your total inventory get too large, only trade long.

    Do not buy during panic selling.
     
    #465     Jun 27, 2013
  6. you are using the 6 steps illustration (past post) to wrap up gaining facility on taking the full offer of the market. Write a text for using the 6 steps.

    a. You assign P1.

    b. You compare forming bar to prior elligible bar. (see MADA Flow Sheet and the Mathemtics on " Test Procedure Volume Elements RANGES. the forming bar gets it name from meeting the range requirement while doing the 4 part test procedure.

    c. Having completed the b. repeatedly, you look at the flow sheet entitled "Change routine". this involves figuring out turn type if any, trend type (one is always in effect), and doing look up on the four band sheets which contain all EE's. you find a "true by using the math expression related to the EE.

    d. By knowing c., you figure out where the trend is in terms of its later portions. You find IF the c. is an n -1. When it is you then look for n.

    If you see an n arriving, you go the the folw sheet entitled "reversal routine".

    e. At "reversal" you reset and start ove with a above.

    as time passes, you gain facility.

    By getting past the first day's tasks successfully, you can take those daily logs and a clean chart and, at your own pace (slower than real time in markets and do individual days until you can complete a day with out a mess. this transition involves keeping the prints you "mess" up. Each mess shows that you are working purposefully and making mistakes that cost nothing.

    grdually you mind gains in long term memory called "inference.

    As you look at the bars, your mind zooms to the inference that you have built in your mind. looking (10%) and inference(90%) sums up to 100% called "perception".

    Gradually, you build your inference into a fully differentiated spectrum. Part way through this process, your mind takes over to get itself fully differentiated. Thus, your mind begins to give you questions to answer to fill in the weaker parts of the spectrum that has been but in place. the mind is very capable of organizing itself into an optimum spectrum if you think.

    Most all of this is subconscious. Sleep is where the vast subconscious is merged into the meager conscious.

    20 days is required because several flow sheets, several EE sheets and the eight panels of the Modrian table have to be given utility by the mind.

    We started very simply with 10 cease of price. We stumbled for days on degapping.

    I provided all the factual materials needed as you learned to do the Form and "wait" part of the log. You learned to do "premission" to use the volume test procedure.
     
    #466     Jun 27, 2013
  7. today on a Set D type trend.

    there was a BO of rtl with T1 (see bar 80). This is named BO, T1.

    In the red Modrian Panel you see the BM, REV as a n - 1 and b type turn.

    You look for BO, T1 and find it. I filled you in yesterday in my debriefing and explained this likelihood thoroughly in text.

    So this is called a c turn which is D to D. the first D is short, the second D is long.

    You reversed on the second bar.

    All of this is learning and can take a long time (many minutes) to shuffle through.

    After 50 efforts you will be able to do it faster than real time.

    So bar 2 ended a short and P1 was assigned to bar 2 as shown on your tabbed page that is tabbed P1.

    You are long and looking for the next reversal that comes as a conjuction of 5 OOE's all working together.

    A few days from now you will begin to recognize a system, the process of the system, and the results the system produces. About 100% of others who just observe this stuff cannot see the system of the operation of the market.

    Every day in real time you log the FORM and put in the Wait in the event column. Use UL and use arrows.

    There is some time available as you do this. do the a. through e. as well as you can on a print of your log. Make 3 or four prints of each "permission" completed log page. Then do the volume test procedure and fill in the events column. Do not erase mistakes. just take another print and continue correctly. save these by numbering them with a stamped date on each page. you are building a resource.

    Annotate the rtl and the BM's on the chart. If you have either, Go to the T2P cell and write the words of their occurance going to the right. Put in the P3P column the name of these EE's.

    You also have to draw the pathway as you do the volume test procedure. remember how many days it took all of us to get you to use arrows and UL and a line through the volume test cells.

    Try to want to do what you are suggested NEEDS to be done.

    Gradually, you will realize what you have been given. Then you will consider how doing all these inventions without flaw is difficult to achieve. At some point, you will start at the theortetical beginning of the system of operation of the markets and then repeat the steps of the deductive process I went through.

    I learned to "make money" in 20 days. I was trading live within 20 days of beginning. In 40 days I was feeling comfortable, supported and confident. I never had any difficulties. I knew the market ws cyclic and had two kinds of sentiments.

    "Knowing that you know" is the replacement for fear andxiety and anger of the CW mind and emotional set. most of these types of people are losers or they make money by fees and commissions by handling OPM.

    To leverage my contribution to the local scene I have POA's from the direct helpers. I use a MAT platform of accounts. I stay amateur by following the NFA rules. I do not want to deal with reporting requirements or regulators.
     
    #467     Jun 27, 2013
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  8. here is my admonition.

    Stage I of the 20 days was getting the RDBMS instilled in the mind. The tool was the 10 price cases. these were needed to create "permission" and to create "suppression".

    Stage II of the 20 days is making use of 5 OOE's to "call" turns in advance by using deduction in the Present.

    Addendant to attaining skills and knowledge is"messiness"and the expenditure of every last drop of energy you have. your brain will be percolating all the time and you journal will never be completed each day because you never finsih the day.

    Stage III (the last stage) is gaining facility. You are joining the Olympic level of trading. Using intellect is a requirement. you are way past the excude bullshit of noise, anomalies or flaws in markets. Those are crutches for the lame brained.

    Scaling in and scaling out are myths that are rutches also.

    You use the independent variable to determine the dependent variable as do all rational thinkers. Doing PA is pure unadulterated bullshit that make very litle money COMPARED TO the market's continuing offer.

    So now we have to beardown on gaining facility.

    I used yesterday's carry over and debriefing to introduce "facility". Reading posts is not related to facility. Reading goes in one ear and out the other.

    Did you prepare your chart to have the information on it as I did?

    You cannot degap bar 1 just mentally. If you did not do it tangibly on the display , then you goofed off and do not show facility.

    Markets offer continually. You cannot take the offer later.

    the route to facility has three road signs:

    BE DO HAVE
     
    #468     Jun 27, 2013
    Sprout likes this.
  9. BE

    you are supported by yourself.

    you are comfortable by yourself.

    you are confident by yourself.

    All of this is below the neck.

    CW has stuff that we use as warning signals.

    You will always sideline if you has even a tinge of the CW "in the market" symptoms:

    fear, anxiety and/or anger.

    These mean: you do NOT know you know.

    There is NO betting, NO hoping, NO risk, No money management.
     
    #469     Jun 27, 2013
    Sprout likes this.
  10. DO

    Cub scouts learn this as DYB DYB

    You are past fifth grade.

    early school was alled reguritate. we are past reguritating.

    You are givine a set of information on 11 sheets. you use this to "process" the incoming flow of the market to draw timely conclusions several times a bar.

    You sense and add inference to continually perceive primarily in an unconscious manner.

    You DO.

    You continually process and steer and focus.

    You are an automated weed wacker.

    You process to reveal the system of operation of the market blow by blow in real time. you see the full offer of the market.


    DO is the process of drilling until you drop.

    You are always DO'ing tangilbe things.

    You log and you annotate.

    when you see XB you write XB.

    next XB is a comparitive reference to the cell below the XB.

    You add the ray for P1 at the top of the bar IF IT IS MEASURABLE.

    You use a window to have a total contest of the market's offer.

    You are NOT DO'ing the bullshit of MTA or CTA testing. Those answers are incorrect answers for you. Those who are certified have beliefs that do not follow the system of the operation of the market. That stuff in its entiity is what makes the market reliable for taking the full offer of the market.
     
    #470     Jun 27, 2013
    Sprout likes this.