Yes. My platform has some coding irregularities vis a vis Carnap logic theory. When I discovered this failing, I had to do a workaround. there is also the issue, first mentioned by Jack Schwager in his "Getting Started in Technical Analysis" (1999) on page 24 through 31. Namely, being able to use critria, filters, formulae, rules and strategies when in the face of non processed data to take out screwups between raw data segments. Schwager,nicely articulated this. Quants have not recognized it as yet, apparently. Marketsurfer may have doomed himself in the period of having TA fail to work for him back in those days. as you see, there is a permission to measure the independent variable shown as a highlight "U" in an assortment of colors that relate to the 10 cases of price. On that chart I was gradually putting in the Lateral BO's which gate a volume measurement. There was a correction I had to add to get rid of the reoccurring B's after the original BO. the sequencing of Permission, three part measuring sequence and then moving to exhasution on a trend is what is up for me before I begin an autoamted trading record. as you can see, the flip flopping on the ET format destroyed my stating of my journal plans. My hope was that the journal would allow those who do not understand what I do to just be able to understand the results as "making money" only. Tp deductively prove in logic, I put up a code as a trial and highlight it. the highlights show either as platform logic errors or "Carnap logic" violations. Then I fix things one at a time. If the platform gets its logic fixed, then I will just redo all the building blocks that I now use as work arounds. My highest earnings rate is now running @ 40K/hour on 50 contracts. By showing a record, I feel that the CW levels of extracting capital may be better seen for what they are. CW keeps money in the markets; I am not doing that. I will sweep for each wealth building segment at frist, then I will do consequtive segments to really soup up the extraction.
Jack, I finally caught a glimpse the other day of the supportive feelings you write about and the trading experience for me was as dramatically different as night is from day. I am wondering if you have any drills and suggestions to enable these feelings on a regular basis. On Friday morning I entered short (5m ES) during bar 1, reversed halfway through bar 3 and exited towards the end of bar 19 (ES looked like the FTT but 2m YM was unclear to me so I sidelined instead of reversed). Except for a few moments at the low of bar 4, I experienced 90 minutes of the support, comfort and confidence you often mention. Iâve spent the past two days thinking about why Friday was so different than my more normal experience and, more importantly, what I can do to feel support, comfort and confidence everyday rather than the more typical periodic bouts of stress and anxiety while in a trade. Maybe it was the sustained higher ES volume Friday morning which allowed me to see the P/V relationship clearer or that my first trade of the day went both quickly and decisively in my favor (a rare occurrence for both to happen) or perhaps Iâm finally putting pieces together that up to this point Iâve been missing in my understanding of the methodology. Whatever the reason for Fridayâs supportive feelings, Iâd like to do whatever I can to experience them every day and eliminate the feelings of anxiety. Do you have any suggestions for drills, or anything else, to engender these supportive feelings each day for every trade? -river
Yes. The conversion of the PVT one pager by filtering and doing the DMI+ and - offeset in combination with scoring builds the mind so there is a spectrum of differentiation. This lets you use your emotions as indicators for further refining the other pool xtraction you might get into. Below is a consolidation of how to get into intraday practice of takng the full offer of the market. I am adding some math so you can settle in to have full perception just to the right of the Present on your charts. Following markets is where anxiety, fear and anger come from. The basic knowledge comes from deduction and keeping a reference journal of all you have deduced is important. Markets have no noise, flaws or anomalies. Markets are monitored and analyzed using algebra. This gives you the roles of the variables. With this core, it is good to understand the Hypothesis Set and its Parametric Measure. The IF.... THEN .......... Shows that the independent variable is volume. This means the market is operating on a size basis. By considering the principle in the PM, two cases of volume appear: Increasing and decreasing. IF volume is increasing. ........ IF volume is decreasing ....... By settling down and figuring out the measure of the variables, you can trust the market and believe it is always correct. Through the addition of seven more levels of shells each in a bigger diameter than the core You get to have an ooperating system for the market and you become its partner. No one just drops into the pilot seat and flies. A person could but the consequences of mistakes are tough. Birds hatch and they just eat for a while. I guess they flap their wings then they just pop out of the nest and get used to air. Level 2. Support, comfort and confidence is found by setting boundaries for the variables and just using the correct measuring. "inside" is where the market operates. You do not use anything outside of these boundaries. Trends begin, continue and end. For the dependent variable, Price, for a while, is inside two containers. In the BE DO HAVE sense, a trader is complete right from day 1. At any time a person is looking at the market, he is in the continue part. As a bird would do, he notices when he pops out of the nest, he is in the air. All of RTH is the continue of trends. Mandelbrot was cool. he could see how to compose the larger out of the smaller. We just use ticks and contracts to compose the core fractal and all od its outer slower fractals. Birds use gasses of several sorts to make up air in which they do their business. Snowflakes ae made out of water but they begin with a particle from the gas of air. Snowflakes get individual identities as you know. Get comfortable with the difference between markets and snowflakes. Snowflakes are infinitely variable and markets are not. As a person, you make a choice to belief a given core of knowledge. In markets, if you choose wrongly, you are screwed. We have to understand right from the beginning the market is simple and finite. It does not begin like a snowflake begins. Markets open each day and they have a size and they do not grow or shrink like a snowflake and its six arms. For monitoring and analysis, we use information groups. We process the information groups. Each group has useful parts. For now, the independent variable has 1 part and the dependent variable has 2 parts. The goal is to make money. Lets look at it. To continue to make money the independent variable does this. True = (V.1 > V). In the vector langauge of algebra, the IF says "increasing". For a long profit segment: True = (H.1 < H) And (L.1 < L). In American this is a higher high And a higher low. Also we make money on shorts True = (L.l > L) amd (H.1 > H). This is a lower low And a lower High. The Present bar is colored black for a long and the Present bar is colored Red for a short. Most platforms color bars in strange ways so you have to erase that erroneous coloring system. In trading mathematics is used and from the math, displays are created if they are desired. All day long, you make profit segments. you have two sets of feeleings: good and bad. If you feel badly, then you do not know that you know. the symptoms are anxiety, fear and anger. This post is to guarantee that you have feelings of knowing that you know. These feelings ae: comfort, support anf confidence. When birds pop out of a nest and into the air; they know they know. They believe in air. So they learn to get food, etc. We have two Hypothesis. And this is our air. IF volume is increasing, then the price trend is continuing. I have typed out the increasing and the trending And I have said that the fractals are shells which act as building blocks smallest to slowest. All variables are working "inside" their containers. We throw away the outside space as a trend moves forward. level 1 and level 2 do not mean much to most people. But they do lay a huge foundation. I'll do three more posts to handle pairs of levels up to level 8. If I get Q's I will answer them first with focussed posts to wedge in the answers as I build the spectrum to full differentiation. Reading doesn't mean anything at all. Your emotions come from below the neck.
The HH might be the last high in the series of HH. If volume is available then you can anticipate that last series as B2B goes into B2R. It is very clear to see. If you are skittish about that, then wait for the FTT, which is the second thing you will see as a trend reverses.
Levels 3and 4. By specifying everything in algebra a computer can do everything perfectly and take the full offer of the market. So lets use Vincr and Vdecr as expressions in future criteria, filters, fornulae rules and strategies. as humans we have very quick minds and all the stuff just mentioned ooperates automatically just ahead of the Present as information groups form. You see and know how PRV works to give you Vincr and Vdecr as the information groups begins. You know you know the end of the information group at the beginning of the information group. So the Hypothesis for Vdecr reads: IF volume is decreasing, THEN the price trend will change. So for the dependent variable, price, we have two orthogonal states. The independent variables ooperates in opposites, however. your emotions instruct you on whether you know or are ignorant of dumb. Dumb is anxiety, fear and anger and knowing is support, comfort and confidence. Lets say a person only posts envy and indignation all the time. He is dumb and ignorant he is telling the reader. Reading doesn't matter except if you are reading the maths of the market. Volume, as the independent variable, has details to tell us. Here are the 11 expression names which you have been using: P1, T1, P2, T2P, T2F, Not T2P, Not T2F, Not Not T2P, Not Not T2F, P3F and P3P. From now on label each information group with one of these labels. There is a caveat, to make it simpler. Half the time you can skip the labelling because nothing is happening. This also means you cannot label even if you want to. Someone asked for help to increase his odds. I do not do odds in trading since I only have one value (100%). But he asked so I helped and he ignored the improved odds he could have had. We used the HS and the PM to get the two market conditions for making money :continuation and change of trends. All of this means, you have to choose the trading context. I recommend that you do 81 information groups and let each take 300 seconds to unfold. You will be able to construct profit segments from this grouping. you can also notice that profit segments occur during and inside bars rather than at ends, normally. Also for pragmatic reasons it is a good idea to have a location where you can put manual labor or if you automate, where the highlights of putting the names on things can be done. The topic of not labelling a bar is called "WAITING". the wmthod to do waiting comes from one algebraic notion. If the present dependent variable forming bar is "inside" of the prior dependent bar, then you WAIT. All dependent bars do begin inside the prior bar. So there is not rushed feeliing in trading. as you know the dumb people get "bored". They are looking for what they want to find instead of monitoring and analyzing. What they are not looking for usually happens and they get screwed. Review the mathematics I posted already for SYM's, FTP's, FBP's and hitches. When volume is decreasing you do not use the second bar of these formations. for ease of "reading markets" all of these mathematical expressions are in "boxes" and the boxes all have yellow interior space (background). If the volume is Vincr I lebel the top of the price bar with a blue "U" as a gate to NOT WAIT. We now can deal with laterals, OB's and the two stitches in price. Laterals have three bars minimum. Elsewhere, I posted the lateral three bar math recently. for more than three bars, add the maths using the bar close and the lateral H and L limits. "inside", as you expected is the TRUE for waiting in a lateral. Also do the volume with respect to the lateral V. Add an orange "U" if V of the lateral is exceeded. A BO is a NOT lateral TRUE. OB's are measures as translations and add the next volume occurrance as well. stiches are internals and use a background. If the second volume bar is larger, use a pink or green "U" for short or long, respectively. Now you have all the "permissions" for using the volume test procedure. Okay. Now let's discuss the feelings you are maintaining. To make money, you now see that the HS and PM are working on two levels of fractals. The trading fractal is the one where by mid moring you are beginning to be making more than just the day's ATR. as you go nto midday you mostly are taking profits to stay on the correct sentiment. All this knowledge leads to timely skills for lalbelling each bar that counts from an algebraic viewpoint. the vast majority of people are learning repeted failure. From this failure learning comes the feelings of anxiety, fear and anger. Usually I just have peoPle begin in the middle and build their minds. 1, drill on the 10 caes of price bars. you have the WAIT kind and the translating kind. you also have laterals OB's and stitches. 2. drill on doing the U's for the second bars of the price cases that are NOT translations. 3. squish all the waits into one bar as a drill. 4. Squish the reults of 3 as required. 5. Notice BY DOING DRILLS that you are moving forward in trends by volume measures instead of price measures and that price just gives you permission to measure volume AND INCREASING VOLUME OVERRIDES SECOND BARS OF 1.
By doing levels 1 through 4 you have the elements of volume(11) and price(10). By having these 21 you lso have all the rest of the 56. So if you write apage out for each of the 21 and post it, we will know if and when you have these straight in the spectrum of your mind. The rest of the 56 fit into P3F and all the P3P's the absolute majic of going through the looking glass is just one thing. If you do not have one of the 21, you have either a P3F or you have a reversal. so let me give you the P3F as an equation. we can call his level 5. P3F true if V < TI after P2P. As you know from "The Pattern" P2P coresponds to piont 3 of the price container. Piont 3 locks in the inside and outside of price space. The two great things of markets are the "boundaries" of inside and outside for the independent and dependent variables. PRV gives you about a 5 min lead time on the Present. 6. do drills that plainly label the T1 level in each trend as special highlights. I use a T1 box and a heliotrope vertical arrow.
To boil all that down, he is telling you, river, to read price and volume, bar by bar. There is no such animal as an isolated event. Every bar has information, and all of it is relevant.
Level 6 is crucial. Review the volume test procedure. 7. Make the perfect log by arranging the volume labels from left to right. 8. Add a left side to the log where you list the information group names. Write the math equations for every sixth informantion group name and use the equation name as a price highlight. 9. Repeat the first five drills on 50 daily logs as a drill and do the volume test procedure by using an arrow on each row from a dot to begin and an arrow head in the cell where the label is given. 10. as a drill use rays on volume to show the moving forward of the established P1's, P2's T2P's and T2F's on the 50 chats you are logging. As you work, keep track of when trends end on the charts and in the logs.
The last drills. Go to my posts in intuition amplifiers. Make 10 pages or names for the subsets of the End Effects. Treat the 36 pieces (elements) as a puzzle. You already learned how End Effects are created (the answer is when there is NOT continuation). The Mandelbrot type interlocking fractals show you that for price all FTT's are coincident on the dependent variable. Expressions are written for the volume "True's" in the independent variable. 11. do a drill to determine the OOE for the HS. 12. do a drill for detemining the OOE of the independent variable. 13. Do a drill for detemining the OOE of the interlocking fractals. 14. Do a drill for determining the OOE for price cases. 15. Do a drill for determining the OOE of the 10 subsets of the EE's. 16. Do a drill for determining the OOE of 11 through 15. For fun, use Boole, Carnap, Keynes and Mandebrot theory and rules to write the maths for 11 through 16. Note for carving turns, use the actual and PRV convergence to do the EE. Use the noted "inside" or "violation of inside". I am awaiting some tweaks on my platform. After these are deliverd I'll start the record I announced that was destroyed.
Why do you get to either or in your thinking? $40K is just a beginning level. the purpose of any reversal that is losing capital is to simply retrun to the correct side of the market.