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

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

  1. smwbbe

    smwbbe

    Thank you so much for answering my previous questions. I figured I'd press on with more.
    1. The word, INTERRUPTION, is used as a column heading for this table. Is this the same context that was used with the PP Sheet - it's an Int(ernal) bar that's required?

    2. I cannot decipher the words indicated in the "Context" column for EE, Af. Guesses are SOB IN LATHY or SUB IN LAT HV (high vol)? If you'd clarify, I'd appreciate it.

    3. What does VEBO mean for EE, Ag? (Is that a VE BreakOut? The charts of yours that I've seen only show RTLs. I acknowledge that I'm reaching here...)

    Thanks Again!
     
    #721     Sep 22, 2013
  2. smwbbe

    smwbbe

    I have to admit that this table initially made zero sense to me. BUT - after using it and comparing my results to logs that you've posted, it has quite a nice flow to it. However, I don't have a good grasp on P3P and P3F. I've seen certain bars on your charts that have been labeled a P3P and then either on that bar or the next bar, a reverse occurs.

    I see that P3P can be assigned for the first time either after T2F or an EE has occurred. I don't see if on the Modrian Table as an n-1 event, but it is listed as an n event.

    On 3/21/13, bar 47 (1325) is marked as a PP3. EE Ad had occurred with bars 46 and 47. An indication was made to go LONG. Bar 49 violated the BookMark and a reverse occurred. Bar 49 is indicated as a PP3 also. In addition to getting the PP3 notation, is it also a P1?

    Would you expand on their assignment and use in the course of holding and reversing? For whatever reason, I'm not grasping the linkage.

    I appreciate your time!
     
    #722     Sep 22, 2013
  3. Thanks for explaining to ET where you are coming from.

    The two consequences you enjoy deal with the organization of your irreversable progress of your mind's inference. studying neurology will help you see how you passed the tipping point a while back.

    For dealing with the blank spaces in your mind regarding "being" start slowly. Use wikipedia.

    ""after" being" has a greek name it is not quite synonomous with your first quest for how to study and understand "being". Work up to differentiating among the two.

    Maybe this is underneath what emg calls going to college.

    You are old enough to understand that you dropped out of the mind building process. You may understand that you cannot erase the inference already in your mind.

    Self exclusion is a great game. congrats on achieving your goals.

    The market ooperates as a system. Systems and system analysis is a big deal in problem solving.

    The system of the market's operation is toally and wholly definable. As you see on his issue of Bloomberg/businessweek on page 36, there is an idea. I started using that technique on markets in 1957. Of course I went in the opposite direction as you see but cannot read or understand, ever.

    your response to your read of Henri Bergius will be identical to your personal failure announcement regarding my post.
     
    #723     Sep 22, 2013
  4. I remember you from the olden days jack
     
    #724     Sep 22, 2013
  5.  
    #725     Sep 22, 2013
    Sprout likes this.
  6. LMAO The olden days were the late 50's.

    T. J. Watson knew me by two names: Jackson at IBM (and in conjunction with my designating the color of TM's as the ink color Kotex Blue; it later had another affiliation with the nickname of IBM; he rejected the color but Marketing got him to change his erroneous decision and; "the pixie" at Indian Harbor Yatch Club in Greenwich. Olive knew me as Mr. Hershey at Rosemary Hall.
     
    #726     Sep 22, 2013
  7. Those are rtl's, meaning they are sub trading fractal RTL's.

    I do not superimpose the geometric trading channel PA trading on this paradigm where the leading indicator of price dectates the hold/reversal trading. PA trading is done with hold/reversal and NOT done with entry/exit and lots of sidelining time.

    I added a failsafe to hold/reversal trading. there is no point being in the market and on the incorrect side of the market.

    A potential trader must also be aware of the context of his "holds". As the trend type progresses through the succession of trend types, advancing from an incomplete tend to a not yet completed (complete trend to be) is a very significant step in the sensitivity for the learning trader.

    as you may read in a lot of approaches in trading, there is risk for these people. they also do not allow themsleves to use any significant mount of capital in any trade. Often while keeping their trading on the chicken feed level, they use stops which are not tools of professional traders.

    Context is everything in trading. This is achieved in only one way.

    By naming each of the independent variable bars, the potential trader begins to get a handle on the system of the market's operation.

    By using an ontological approach to define all parts (pieces) of the market, then a metaphyical "after being" can be used to manifest total order. The astronomical universe is a good example:

    the moon revolves around the earth which revolves around the sun which forms a solar system that is part of a two armed galaxy which rotates about a core and where our galaxy is part of an exapnding universe of galaxies and interstellar space.

    I see the trader at the core. He looks outward in all directions to see the "context" of the system of operation of the market.

    The mind is so capable that trading is just a simple reading exercise.

    The tasks to learn to read a language are simple and follow a set order:

    1. learn the aphabet. (ten characters in price and 11 in volume)

    2. use the alphabet to make words. (words are letters ending words as End Effects). There are 35 words grouped in sub sets of which there are 10 subsets. The language, therefore, has 35 words. A person IS capable of having a 35 word vocabulary.

    3. Read what the market composes.

    a. Annotate

    b log the annotations

    c. Use a and b to form a letter of the alphabet for each bar of the system of operation of the market.

    4. read the words formed.

    a. look at the train of letters to see the word in one of three lookup tables.

    b. if the word is not yet formed repat 3 and 4.

    5. If a word forms put it in the type of trend underway.

    a. look in the log leftmost columns to see the "turn" sequence underway.

    b. Anticipate by going to the Modrian Table to see the "next" turn possibilities (always two, thus there is always certainty since only one of the two will happen).

    6. read the end of a profit sequence.

    a. repeat 3, 4, and 5.

    6. In the Modrian table find a c turn forming.

    7. Go to the trading platform and use big money on the DOM to get the last tick of the turn (carve the turn). Use 10 to 12 other leading idnicators of price to help the carving (always use STR/SQU for example)


    So why do people not create languages to read and use them to make money? It is like starting a new business who's output is profits. This has been studied eloquently. Look up incubating in the business world. Turn to papers by professors at the Wharton business school. There Ethan Mollick , assistant Prof, looked at 48,500. See page 52 of B/BW.

    What if ET had an incubator? Well I guess that would draw too many great trades as mentors.
     
    #727     Sep 22, 2013
    Sprout likes this.
  8. I meant from when we posted here 10 years ago lol
     
    #728     Sep 22, 2013
  9. Sorry my bad.

    For me, that is looking back 1/6 of my trading experience.
     
    #729     Sep 22, 2013
  10. Hi Jack,

    while I "think" that I understand your current method conceptually and more or less can see the ABC, the letters, words, sentences, etc. and how everything fits together, there are still a lot of wholes which need to be filled.

    As a mental start for me let's look at the three diagrams. Btw... I liked the Cycle 1 diagram/method.

    1. There are three diagrams on separate sheets of paper. Am I right to put all 3 next to each other: MADA routine ---> Change Routine ----> Reversal Routine. They are all connected and in the flow I could maybe start at the first one and then end on the third one.

    2. You distinguish between "Change"-Routine and "Reversal"-Routine. For me they would be the same: when there is change I need to reverse. What is the difference for you? Why do you need a separate sheet for the reversal apart from maybe not having enough space on the "Change"-routine sheet?

    Now that I started again, many more questions will follow.
     
    #730     Sep 24, 2013