Bsparkyman, if you are following Spydertrader, I do not mean to dissuade you. He is selfless (go figure) and generous (go figure). Make it work for you. I am not attacking SCT for ES. Yet.
Jack, it is so bizarre that for years you belittled my testing, and now I have given it up and you have started it. I gave it up when I began to understand what is really going on behind those enigmatic price and volume time series. I still think that, if it is true as your intimates claim that you do trade, and profitably, that you must be doing something like that subconsciously and just occupying your conscious mind with SCT voodoo to keep it out of the way.
Well, this old man is going to bed. How Jack can stay up this late when he's une douzaine years older than me, I can't figure. Must be Liz. I'll post again after RMH tomorrow. Remember, "A trader trades", hahaha!
Windwalker, if you are new and unbiased, be our referee. You'' be the only person on ET sans an opinion on Jack.
What you say may be true for you, but it isn't for me. At some pint you will use some math to determine that scanning involves a finite number of cominations of elements of data sets. the sets are in three basic sizes and there is a sufficiency aspect too that lessens the sizes occasionally. as you know there are no surproses and analysis is a pairing of two matched elements of two sets. Both sets are finite. I hope this make it easy for you to see that the opportunity is clean and nicely bounded. So it is automated as a consequence. Coded as you say. The old wrinkled sheets on this were done before the web, etc. Let me remind you. you can get audio and transcripts of what it is like to be doing it like riding a bike. google sports memory for example and tag the search to associate it with me. There are vids too swowing the displays on all levels. You do not have this stuff from what you say. I conclude these are your first round of opbjections except for what I am going to post as my final post this evening.
Like you, it sounds and I feel, I would not attack any method. There are more profitable methods to trade than there are profitable traders.
I parsed this in color below. I can understand that you needs some rest and that you have to pace yourself a little. It was good to see the first 25 or so objections get on the table. they are very powerful things to anyone to consider. I think we may be able to get the ratio back up to 4 out of 5 people walking away from the PVT and SCT. They will have very sound reasons for where they have put themsleves in their lives. Try to discontinue the personal comments to me. just because things didn't work out for you is no reason to express frustration towards me. I am not going to post any of the automated annotaed charts; they are just displays and have nothing to do with the coded boxes that display the trading components. No one expects you to operate in the paradigm we use. But you have to understand that moving stuff from one paradigm to another is what got you to where you are and do not want to be.
This is a very good clue for you. I would follow your instincts. This is not a "take away"; it just isn't a good idea for you to follow up on.