the paradigm we are using is a template. we recommend that you get it down cold with equities trading for a couple of reasons. !. you build your mind. 2. the equities cycles are realtively slow and you do not get into fear, anxiety and anger as a consequence. Instead you get asupportive, comfortable and confidend environment. 3. the data sets concept sinks in during after hours and you espcape the "freakout" type single element of data type trading trap. For people who have a science or math base (you are an applied type. A lot of coding goes on for a lot of reasons. It forms a template. One example is the edjacent bars math (price) It starts with one coded set and adds the coresponding volume coded set. then the template is lifted and put on the leading commodity of what you are trading (NQ). Now you have four coded sets and you are ready to start the "logic" part of software where clocks and gating come into the picture along with persistence and pace and sentiment considerations. This is the warm up stuff to get to the bigger picture of making money. To b fair, I am being responsive to your intialtive entitled "Objections to SCT" It has the same flavor of the thunderdog thread that precedes this. Brfore thunderdog we got to deal with "objective reality" as the contrast to PVT and SCT. So you have mentioned flaming by me and my being obstreparous. Fine. we are just doing the talk. once we get into the science of hard data and graphics, etc, then we will see where you are. So far you are not getting down on any SCT stuff in any way.
Try to be more engaging. You need to be on the ball and get others involved. It is not too important to show that SCT doesn't work for you. What is important is to know why. Once you explain what you are doing, then the others will be able to step in and help you.
Thank you, Bsparkyman. There are many reasons one would not want to post executions. I rarely do it because my reports show losses and (in retrospect) occasionally embarrassingly stupid trades, even though they are mostly net profitable. What if the great Joe Doaks had four $20 losers and one big (maybe lucky) "I'd better fucking quit now!" trade? (I'm talking about today, haha!) Not very conducive to attracting adoring followers. And I NEVER give up. If am down, I ALWAYS fight my way back. Sometimes it ain't pretty, and I make less than my broker. But you can bet your ass when I get one I'm proud of that was not at all obvious I'll post it! (Of course, another reason might be that one doesn't trade at all! Or with play money. Or in the cool calm of sim. Real trading, like real sex, is nasty!)
I am going to be very fair with you. You can see that I have been quite fair in every way so far. You have objections. They relate to SCT. If and when you get down to the precise math and science of what your objections are, they will be addressed in spades. I am not here to provide anything except ways to improve trading results starting from the base line that you establish.
Jack, NOW who's asking for something? I have absolutely no intention of posting how I trade, other than the classical TA elements of it. Worked too hard for it. And not everybody thinks like you do? Stats? Routine? Debriefing? I could close my eyes, listen to the audibles, and trade the same. In fact, I have progressive vision problems (starting with not being able to see SCT, haha!) so I may one day have to trade blind (as opposed to stupid for most people). Stats is profit. Routine is wait for the coded indications to trip, hohum. Debriefing? It's in real-time. I am so fucking pissed when I make a mistake, or a code has an error, that I fix it on the fly.
help doli out. You are informed and he is unable to do anyhing for himself. Add the pertinent columns he needs so people can fill in the facts that he is seeking. This is a time to have first hand knowledge posted if a person chooses. Soon he will have excel and google on his computer so he can get what he wants. Everything can be quantified with respect to objections. I used the appropriate words before in this thread it is "being fair". At this point you are straying quite a bit form "Objectiions to SCT". Stay on topic and if you will just forget your past treatment of Liz and me. We do not care how you behave and treat others. This is a public forum where you are hosting objections to SCT. I am no longer on point for anything except bringing PVT up to expert in the Journal and later in the year sharing the tasks of bringing SCT up to expert. Don't kid your self on my competence to use the SCT template. Once you begin to put substantive stuff on the table, I will deal with your objections.
SCT works and it is testable right down to the finest detail as you will find out this year in an orderly way. I am glad you are backing off on the testing; that is a good move on your part.
Jack, the best tonic for "fear, anxiety and anger" is absolutely unambigous rules, quantified, coded, tested. Which you ain't got. MY goal in trading is to be so bored I can trade on full auto and diddle my girlfriend at the same time. I don't WANT to SCAN. I don't WANT to have to PAY ATTENTION. I just WANT THE FUCKING MONEY. For as little effort as possible. That's one thing that leaves me so cold about SCT. You have made trading into WORK. I want my codes to scream, "Wake up and trade, dummy!"
LMAO! I lost $100 today. The method worked but the trader did not. I look brilliant like Jack when I would post my method on a chart at the end of the day. It is easy to look brilliant, it is easy to make claims, claims and methods posted like jack. My 6 year old can post and color and read and putt as and look as good as jack after the fact jack. Good TRADING to you Joe, may you shoot straight and steady!
That's right good observation. Post the answers to your Q's when you get a chance. Show links as well it will hepl others.