Jack Hershey in trading vs Srinivasa Ramanujan in mathematics

Discussion in 'Chit Chat' started by OddTrader, Jan 6, 2013.

  1. The owners of forum type businesses do as they please.

    They have moderators. They train moderators.

    I decided to do a journal to create a record. If it is put in chit chat that's the way it goes.

    What I do mostly is answer pertinent questions.

    When you ask a question, I support your interest.
     
    #71     Mar 4, 2013
  2. Let's ask a simple question... how do I know I have a P1? How do I know I have a new P1?

    Can I have a P1 after a T1? After a P2? After a T2P?

    OK... one more... How do I know that I have not a Not Not T2P but a T2P or a Not T2P?

    :)
     
    #72     Mar 4, 2013
  3. Here is the overview.

    write down True

    then write down True =

    Then write out the expression.

    This is frontrunnning the markets.

    When an End Effect occurs, you begin your routine all over.

    As days go by, I sometimes give you the EE's for the day. Then you practice doing the independent variable moving forward through the trend.

    On the beginning of a trend, you refer to "The Pattern".

    Take 50 of the days I posted each trade. Put them in a binder. Make a log of each day.

    For P1:

    Always use the bar AFTER the EE for assigning P1. Look at the logs I posted for years and years and find the word "Assign" it is written to the right of the T in the P1 column cell.

    New P1's

    If you have a pink ray going to the right (you assigned P1) and then a new bar appears it is going to be "something".

    yyou have columns on your log and they arranged to do the "test procedure". the test procedure has three parts.

    Lets say the price is a transition case. you get that you can do the test procedure/

    you put a dot below the T in the P1 column and in the row just below. you get that.

    you do part 1 of the tesat procedure. you look at part 1 and read the words of what to do.

    it say look for a repeat. you get that.

    you look specifically for a repeat of P1.

    The repeat has to be a volume bar that is LARGER than the prior P1. You ge that. If it is you place a T in the P1 column and circle down to the left and then below the T and to the left alittle and put an arrowhead on the line.

    say you put an F for false in the P1 column. If you do then you have to do the part 3 of the test.

    you know that part three is to go to next. What is the next column and what cell is that called according to the column name?

    It is T1.

    so each time I give you about 16 drills by typing and typing and typing, you ask questions.

    I am okay with you asking questions. Keep it up.

    at some point you will see what drills are for. I can tell you they are for building your mind.

    To explain further. Most people reading my posts have empty unbuilt minds. They would like to help you, maybe. Others like the entertainment of siting passively in the audience in complete destitute ignorance and supidity. That is why they go to movies and fuck pussy.

    you need to have a spectrum of facts in your mind that automatically appear when your mind feels they are pertinent.

    how it turns out is that your mind becomes a flawless computer and below the neck you feel comfort, support and conficence. You have built your mind.

    you do not even do it consciously. your mind does it all by itself.

    Hre is what is going on and you are showing us all what has happened.

    you type questions. they did not come from your conscious mind. your conscious mind did no processing of the questions.

    you have all the information to answer all of your questions forever. But your conscious mind does not know this.

    All the names of the volume elements have mathematical expressiions.

    P1 = Assign on bar +1 after EE. = True

    now write out the expression for Assign on bar +1

    assign on bar +1 = (EE bar #) + 1

    now write out bar # =.

    bar # = time

    Now write out time =

    time = 940 = bar #2 you have 81 equations to do for this. Or you just number every 6th bar.

    If I can help you build your mind, then unconsciously all these things just show up when needed.

    did you ever get a bicycle or tricycle? If you did your mind went o work for you. You mind was incentivitzed to acquire knowledge and skills.

    As soon as you "get it" that EE's cause nw trends and new trend begin with a P1 all other facts and skills fall in place by doing work.

    If you work, when you sleep it all comes TRUE.

    When you have a T1 put an X in the next row's P1 column.

    When you have a P2 do NOT put an X in the P1 column.

    When you have a P2 put an X in the T1 column.

    to find out where to put X's read my logs. and follow the arrows.

    build your mind. Do not make up rules. People who make up rules fall into a group; the name of the group is "losers".

    From now on questions will come from your subconscious. your consciousness will give you a "process" to find the documented answer.


    Very good effort.

    You get P2's by doing the next test.

    you get T2P's by doing the next test.

    you get T2F's by doing the next test.

    you get all the new things by doing the next test.

    the next test is AFTER part 2 of the test procedure.

    Part 2 is AFTER the part 1 of the test procedure.

    An EE is after all falses on the next procedure OR and here you begin to think by doing what the market always dictates. The interesting thing is that the market Always follows the same specific solution.

    wow...... lol........
     
    #73     Mar 5, 2013
  4. Sorry to be a bore, but could someone please expand the abbreviations:
    P1,
    T1,
    P2,
    T2P,
    T2F,
    Not T2P,
    Not T2F,
    Not Not T2P,
    Not Not T2F,
    P3F and
    P3P

    ...and map them to the R2RBR / B2BRB PV sequences (on 3 adjacent fractals).

    I'm guessing some of the P's mean 'point' some mean 'peak' and T might mean 'trough', but no idea what F means...'failure'?

    Thanks!
     
    #74     Mar 5, 2013
  5. river

    river

    Jack, are Levels 7 and 8 in the post starting with "the last drills"?

    Thank you for your extensive reply in these posts. There’s an incredible abundance of information to digest. It will take quite some time to complete these drills but it will be well worth the effort to replace feelings of stress and anxiety with support, comfort and confidence.

    -river
     
    #75     Mar 5, 2013
  6. :D

    The members of the old Spyder gang were pretty quiet during the last years. They are now waking up. Welcome back! :)

    Say good bye to arbitrarily, randomly, subjectively drawn volume gaussian lines. You guessed it correctly those are the (numbered) volume peaks and throughs of your R and B sequences. F = Failure, P = Pass.

    Did you already read about the volume category test procedure? Primaries and secondaries? 7 Quickies and 10 End effects? Oh... and Jack didn't even mentioned here his pre-preliminaries, yet. Mindtwisting fun stuff! :D
     
    #76     Mar 6, 2013
  7. You posted a volume list.

    this list details out the peaks and troughs on volume only.

    there are no points on volume. Points are coodinates of price As usual the two dimensions of price are the Bar# and the value. The independnet variable is the bar # and the dependent variable is the value of price.

    All this work is scientific and follows theories of mathmaticians,

    To do coding, you name the snippets and then the names can be used in more sophisticted combinations of to form expressions.

    Mathematics builds from the very simple to the more inclusive.

    Basically I went through making a complete system where there is no noise, flaws or anomalies. Since most people do not do thorough work, over time I became relatively indepenedt of the common effort most people are willing to expend.

    I feel fortunate to have done what I did.

    I do not trade personal accounts because I needed to have a wall between me and the public and the regulators.

    Here in ET you can read many puzzled people's concerns about finding me. I prevent that. And I stay amateur to avoid reporing requirements.
     
    #77     Mar 6, 2013
  8. Yes.

    Combining paradigms fractals, logic and Algebra is a very serious undertaking.

    But, finally, the PC and printer were invented so most of the support is easily available.

    Once the mind begins to assemble the pieces, the whole system become very apparent in a short period of time.

    The mind is very large so most people never use very much of it.

    I still find myself in a place where I am keenly aware of this that the scientists have not run across in how the mind works.

    the ignore system on ET is very helpful for determining who and why a lot of kinds of people are so fearful.
     
    #78     Mar 6, 2013
  9. Odd Trader started this thread because he noticed an ancient mathematician.

    He doesn't follow in detail the system I have created for having a mathematical description of any market.

    to me it sems very strange that the mathematics got sidetracked so easily by people like Dow. There is a Wikipededia level ofu nderstanding of Dow these days. And there you see the crippling results of the invented indicators in a chart.

    Dodd and Granville did verr to go out of the box by implying the paradigmn of the markets.

    Infact you can satrt at about 400 years ago and see the first 100 inventions that took us all to 1957. (refer to my three flow sheets posted years ago).

    Anyway it will be along time before wikipedia get the operating system of the markets straight.

    It seems like ET may have a chance of leading the pack in having servers that preserve history of how the operating system of the get to become public.

    If and when a new version hits ET, it may have Skype or GTM capability and further be able to store the record.

    The giant deversion that kept the financial industry so dumbed down was when the FI found out its only way of making money was fees and commissions. The incentivation for applying science just evaporated. As Forbes shows annually, there is a correlation of AUM and the top fund managers. The more you get to manage the more you make.

    But what about the performance of traders as measured by taking the offer of the markets? There are no comparisons going on in the FI nor its media.

    Here is a brief look at what is going to come down in ET when a complete mathematical model starts to be used to make a record.

    For sure, there is no standard for keeeping records. And ET has only a few places where keeping any kinds of records is possible. So far it looks like making comparisons is not in the cards.

    As shown, most people sit on the sidelines and if they do go in the market, they do an entry then an exit back to the sidelines. They post a print of something usual it is incomplete enough to not afford comparison.

    I have seen some weekly summaries and some of these have continuity over time.

    I am going to be using the market independent variable to trade the market dependent variable.

    The market system operation I will use is based upon the PEP and then one of its applications SCT. Dodd and Granville implied the paradigm. Keynes' paradigm theory is what I follow.

    PEP is what defines the independent variable, the HP and the PM.

    The coding of the expressions for the elements comes from the 70's where finally a directly applicable language could be applied. The language is RDBMS language. This involves Mandelbrot to interlock the fractals, Carnap to provide operators for logic and Boole to provide the Algebra.

    I was provided training in theoretical physics by IBM to help the selected scientists be better able to THINK. In the FI, quants do what they do BUT it is not to have a system which describes the operation of the markets. FI bookkeeping exempts trillions of dollars of peculiar instruments which find use in any liquid market. Marking to market is not part of the FI.

    The market cycle of two opposite parts, flows part after part.

    Each part, a trend, must have a minimum of three parts: dominant, non dominant, and dominant. The last dominant fails. This is a requirement to allow trends to overlap.

    Overlapping is required for cycles to be aqble to happen.

    At the end of overlap the three parts of an opposite trend repeat.

    Efficiency and effectiveness dictate how the full offer of the market is taken all of the time and all of the time market liquidity had to be inforce. I will choose and trade such markets only.

    I will also choose the trading fractal and it will be in the middle of three observable fractals. This is where the indiependent variable expression names come from.

    the trading fractal is the Primary set of pieces; thay are P1, T1 and P2. They compose the parts of the first move of the trading trend. they correspond to Price parts as follows: Point 1, the BO of the RTL of the prior trend, and point 2.

    the rest of the trading tend involves a secondary fractal. Why? Because to end a profit segment takes more precision that just holding while making money. The CW is riddled with mistaken techniques fo holding until the end of a trend. Most CW traders, in fact cannot trade trends.

    In the Pattern point 3, when it occurs defines the trend parallelogram. In the independnt variable this is T2P. At this time two of the three trend moves have ocurred. the first is the dominant move and the second is the non dominant move.

    In CW terms, at point 3 and T@P the retrace has ended. Before the retrace is the dominant move to which the retrace refers.

    At the end of the last and thrid move is where the CW reversal occurs. Most CW trader cannot tell the diffeence between a retrace and a reversal. thus these kinds of market move,emts ar traded separtely as what in CW is called edges. A lot od BE or better CW trades havee groups of sedges they trade to be able to do entry/exit type trading. Hold/reversal trading is foreign to CW type trading.

    The elements of the third and dominant move of the trading trend are T2P, T2F, Not T2P, Not T2F, Non Not T2P and Not Not T2F.

    the end of the trading tend and the third movement of the trading trend are cioncidental. A failure to end is P3F and A success to end is P3P The last lettes of the snippet names stand for Pass and Fail.

    The third move is examined as a sub fractal of the trading fractal. This is why there are so many differentiable names of snippets for volume during the third move of the trading trend.

    there are a lot of famous people who have created names of things in the FI. "Trading in the Zone" is a book whose title describes the attitudes and orientation of traders.

    I use the word grooving to mean that thing. Zones are very very very important in trading.

    Sensing's three operators, space, shape and movement, perfectly describe the ZONE, it contents and how the contents change.

    I am always at the correct place at the correct moment. Place means space and I am considering the boundaries all the time.

    moment means event that is happening.

    Nodoji goes to great lengths to HELP others understand Brooks and others. She advocates knowing that you know the context. Brooks makes it known with certainty that the game is played bar-by-bar. this great context truth puts those who may go further right and correctly on their feet on solid ground.

    I never leave this solid ground footing and the foundation I stand on has building blocks that I climb as reqired to always have the correct context and view of the relativity of the market.

    A system of the operation of the markets has to be failsafe. That is the theme of my next post. These post aim to fillin what a person watching my record build needs as a ocontext.

    My record does not have overlap with other record others make. The space CW occupies is just what it is. I am not in that space. I expect anyone looking at me to have a viewpoint that cmes from where they stand. I am not operating anywhers within the space of CW. CW stands to ne side of the market's offer. CW never approaches any kind of effetiveness or efficiency. Both have been eliminated by the choices made when using CW. Entry/exit is not in harmony with the operation of he market. Exits a done for one reason only: the reason for entry has been annilated and it does not hold true anymore. The space where the shape was put evaporated. CW's risk has become unreasonable.
     
    #79     Mar 6, 2013
  10. failsafe is not part of CW. what replaces it is risk management and money management. Kelly says this and that with respect to the FI's operating purpose of optimizing making comissions and fees. The FI "churns" up to a certain point to keep clients.

    On the otherhand the market performs. The FI's retruns are nothing compared to the market's offer. CW has a disconnect between the two.

    To avoid the peformance level of CW and the FI, the capitalized person has to operate in a failsafe hold/reversal manner.

    A person alwys has to know he knows. so the ingredients of failsafe are put into place to cover the whole map.

    the independent variable is only used to make measurements of change. Thus if thee is no change, then there is no needed meausrement. To find where no change lives is easy. One looks at the dependent variable.

    It has 10 cases and 2 are change and 6 are no change. The term I use to see no change is shadow. The other 2 do show change BUT the independent variable is not significant. this paragraph comes out of itertive refinement.

    As building blocks pile up on the foundation, slivers of importance are placed thither and yon. Some things do not become important is a mind has not gone anywhere. Science explores and builds settlements. settlements become sophisitcated and science explores retrun form new regions and add knowldege and skills to the overall organization of settlements.

    It is vey important to not allow established ways to languish and become ineffective and inefficient. Consider the waterways and roads of the Roman Empire. Consider the trade routes of civilization.

    The most important part of trading trends is when they are violated. Above we added the discipline or when to measure. we also have erected how o measure and how the trend primary forwards and how to examine more closely the thrid move from a secondary viewpoint.

    We have a very significant well composed system.

    as has become known, the mind is so huge and vital it can handle anything. 10,000 conscious units compare to 20,000,000 unconscious units very sweep of the mind. 1 to 2,000 means about nothing is done consciously. Doing anything wrongly, extinguishes almost any attempt at anything.

    I was operational in 40 days and half of that was live training making profits. My mind was swept into a perfect operating place from the getgo. The market was always correct and I, as a partner, was not ever allowed to step out of line.

    Money was used to buy toys and I got a job with 34 weeks off a year. Jorge Jensen used my address as my credit rating. Yes I do need a 200 pound anchor to keep the sailboat anchored in bad weaher. 3/4 inch chain is wha I need to connect. always make the towboy give me the old knot he cut off the tow line. Nones holds up the wing; that is my job to lift it after I give the signal to move the ship forward.

    Failsafe centes on: "If a trend is violated, then the trend is over". A quant cannot say he learned this fact in school or with OJT. An MBA does not include this unless I was your ADJ PROF at that top tier school.

    So if there are 11 items in the independent variable, Then there must be 10 subsets for End Effects. It is planting tomatoes: 11 plants 10 spaces for violations. I posted the element number in order for the 10 subsets.

    A trending day is a day that has a lot of trend failures early in one kind of trend. you may want to pint my posts and hilight each new fact (to you) that you grasp in each post.

    Failsafe is the major thing CW screws up in all the various systems CW makes use of. Go to the CW type FI movies; they are comedies.

    Space for sensing is "inside" If the indpendent variable doesn't stay inside, you better know it ASAP. Hence the invention of PRV a century ago (it was a long time ago). So for a while I posted the reversals and said check out the briefest trends they tell you the most. So I finally posted the sheet with all these violations.

    What all of this means is that systems are built and then an equal amount of work is required to make them failsafe.

    so with respect to markets, almost no books teach anyone how the mathematics of the markets are determined. How did the FI make the choice they did to get the annual ratios of Profits/AUM. Look at the basis formulae.

    Read five books to get the strange screwed up drift. Perry Mehrling. Lowenstein, Derman. Save taleb's for last: "Fooled by Randomness" and the "Black Swan". there is this AUM. There are these salesmen all over the place. In DC now there are 6 FI empltees for every elected person in the legislative branch. the legislators make 174K a year. plus what they are "bought" by.

    Lok at 1986. GS lost 100 million in one division where new hires Rubin and Freidman worked. Hey, the math was wrong. Hey Zeus. Let me explain. Balck-Scholes was invented. GS picks it up and uses it on bonds (I know, you don't even know what Black Scholes was built for (stocks)). GS hedges and loses over and over and over. Fscher just watches until he is asked to put in the fix.

    So here is the contrast I will introduce in ET. I am going to use 56 elements in sets and subsets as I stated in intuition amplifiers. There are defined snippets that form a system using sinwes in a trunk that dfines the operation of the market in finite mathematics. What concept was fouled up for bonds? Whatever.....

    I use PRV so I know how the information group ends when it just is beginning.

    for me the AUM is accounts. I will take the offer of the market from bar 1 to bar 77 each day. I will accumulate profits and then sweep them to use the money. Each process will begin with mid 5 digits and go to low 7 digits. I'll take four laps in a journal that will probably wind up here in chit chat. If the usal harassment get too great, you all can have a laugh.
     
    #80     Mar 6, 2013