Poll: Is it humanly possible to capture 3x ATR everday?

Discussion in 'Chit Chat' started by jsmith, Aug 20, 2007.

Is it humanly possible to capture 3x ATR everday?

  1. Yes

    64 vote(s)
    22.5%
  2. No

    221 vote(s)
    77.5%
  1. Oh wait, let me guess, you are using your cunning NLP on us..

    Sophis, the root meaning being wise embeds the seed of Sophia (knowledge) in our subconscious.. and rep sect reinforces you as the representative of that knowledge and exalted leader of the sect

    Jesus I'm fucking funny :p
     
    #191     Jun 11, 2008
  2. It's a pity that Jack declined the invitation to document his approach in a moderated forum. I would certainly have liked to make sense of his methodology.

    But that appears to be how the saga must continue ...
     
    #192     Jun 11, 2008
  3. You seem inebriated by your own verbosity. I have a Ph.D.--I know snow when I see it. And although the temp is in the upper 80's, there is plenty here.

    Those who trade real money know that optimizing and reoptimizing canned indicators in order to find the perfect parameters to "trade" past data in shoulda, woulda, coulda form is a waste of time.

    They also know that 10X atr, or even 3X atr, is not a practical daily goal. For most traders, breaking even is a goal for which most can only hope. If you have real-time trading profits that refute my contention that the goal of 3X daily atr is absurd, I welcome you to provide them. If not, then admit the truth: you are a narcissist here only for attention.
     
    #193     Jun 11, 2008
  4. Tums

    Tums

    #194     Jun 11, 2008
  5. #195     Jun 11, 2008
  6. Go to the journals part of ET.

    Look for about 5 journals that document the approach in a moderated forum. They have been running for a bout four years.

    In forums like Technical Analysis you can find a Q and A sort of thing where people start threads on their own initiative to deal with Q's related to the documentation of the approach as done here and in other forums.

    In this forum called strategy trading the same thing has been happening for a while.

    Sagaing the algorithm is done from two major viewpoints: learning to make money and spending time testing the precepts.

    One group steps out of the CW to begin and the other group stays in CW and uses CW as a standard. This simple filter has prevented the algorithm from being misappropriated so far.

    We ask that those who have learned and practise the algorithm to pass it forward. The major payoff is that the algorithm is relearned on deeper and more thorough levels.

    One of the most delightful experiences is completing a few passforwards. In architectural terms it is like "going off the grid" and knowing you are financially self sufficient for all time.

    Would someone post a post where I can plug in a video by substituting the video you post with one I have.

    Has anyone noticed the price of gas is going up?? Will it reach an ES tic soon?
     
    #196     Jun 11, 2008
  7. Here is a great video

    Think of the kid as blue and change the topic to his viewpoint of SCT.

    sorry I can't post it. the title is "this kid deserves an oscar"
     
    #197     Jun 11, 2008
  8. Trapper

    Trapper

    The chatroom here on elitetrader could settle this argument but it is never used. I wonder why? I for one, would like to see 3xtr even for 1 day out of 5.


    Best regards,

    Mark
     
    #198     Jun 11, 2008




  9. He's officially lost it folks
     
    #199     Jun 11, 2008
  10. The problem is, that Jack is addicted to the attention. He needs his fix of seeing many threads pro and con his little bag of tricks.
     
    #200     Jun 11, 2008