Pretty authoritative statement was made in respect to discrepancy and the Achilles Heel. Unless this was just another mindless brain fart 'run of the mouth' 'expert' opinion, I'd be curious to know the specifics.
That's disappointing - I can only guess why you choose not to describe your methodology in any testable detail. I had even offered a moderated forum where you/we could progress without any detractors. So with the brains of the methodology unwilling to discuss it in any substantive depth, I'm not sure the JH "methodology" has a place here in strategy trading. So Jack: I suggest you refrain from posting here again, and may I suggest either the religion or chitchat forums. They are both good places for your meta-philosophical musings.
Trader666: See here on how to do it profitably. http://www.elitetrader.com/vb/showthread.php?s=&threadid=38777
Boucher's article does not set forth any system. Rather, it merely shows that there are plenty of swings 2.5 points or greater in the NQ every day. For anyone who has traded the NQ, this is rather obvious. OF COURSE the NQ makes moves. Of course, the difficulty is in CAPTURING those moves after factoring in bid/ask spread and commissions, as well as an inability to trade moves that have already happened and ended. Boucher's article provided little info. I am surprised FUTURES published it. The again, I get the magazine free of charge. One often gets what one pays for. Boucher provided absolutely NO EVIDENCE that he himself has actually captured 10X atr or, for that matter, that he has actually captures any part of the NQ on a daily basis.
What happened to Jack saying he was leaving Elitetrader forever, out of respect for Baron's business model? Is Jack's word as bad as his trading?