Iterative Refinement

Discussion in 'Journals' started by Spydertrader, Jan 3, 2008.

  1. So far
     
    #9321     Nov 17, 2008
  2. pm
     
    #9322     Nov 17, 2008
  3. And for the day
     
    #9323     Nov 17, 2008
  4. I have no intention of disputing this statement. I am certain Point One's assertion is accurate. However, from my own perspective I don't see how this is possible.

    My experience tells me that if one does not understand every facet and angle of this method you are setting yourself up for big problems. Again, I am not disputing Point Ones claim, but I am trying to understand how one can trade this method without possessing a full and complete knowledge of it. I have a reasonable understanding of the method; meaning more than some and less than others, but I have no dillusions that I can actually trade real money. On a routine basis some of the things that I know for sure just ain't so. So profits evaporate and losses pile up.

    This is my point/question. How can one trade with real money/time without a full accounting of the method and the confidence that would accompany it? Are you just very quick to exit? Are you ultra selective in the set ups chosen?

    Any thoughts appreciated.

    -guava
     
    #9324     Nov 17, 2008
  5. eod
     
    #9325     Nov 17, 2008
  6. ES
     
    #9326     Nov 17, 2008
  7. nkhoi

    nkhoi

    could it be that he may not understand 'every facet and angle' but he understands some money making 'facet and angle'.
     
    #9327     Nov 17, 2008
  8. #9328     Nov 17, 2008
  9. ehorn

    ehorn

    Need to debrief this chart as some things are not adding up for me :) and my tapes got washed out in the afternoon "HVS?".

    PFC has me looking for non-dom movement completion to dom and complete final down traverse.
     
    #9329     Nov 17, 2008
  10. ...
     
    #9330     Nov 17, 2008