SCTlearning from scratch

Discussion in 'Professional Trading' started by jack hershey, Feb 22, 2014.

  1. I will look at 5x5 and find the different ones
     
    Last edited by a moderator: Nov 17, 2014
    #31     Feb 23, 2014
  2. okay just make print and use colored ink to cicle
    it will be quick


    I will get your 5X5 and add paint type circles


    BRB


    please do drill 2
     
    #32     Feb 23, 2014
  3. Could you please just post the dll file? TIA
     
    #33     Feb 23, 2014
  4. "I use an expert level log. It covers the bases for doing 20 to 40 trades a day."

    Doing 20-40 trades a day in ES with market orders=

    Crossing the spread 20 times a day will cost you $250, per contract

    Crossing it 40 times a day will cost you $500, per contract.

    That's not even including commission.

    Avg commission for beginner is 3.50 a round turn on ES.

    20 trades a day = $70

    40 Trades = $150

    So for 20 trades you need to overcome $320 bucks per contract in Cost a day just to break even.

    40 trades = $650 cost per contract to break even.

    Is my math correct? Or have I misunderstood earlier quotes?

    If the above is correct then I wish everyone here well on their journey of making their broker and market maker rich.
     
    #34     Feb 23, 2014
    DanoRoe likes this.
  5. This is Drill 2

    have had hard time coloring them

    drill4.png
     
    Last edited by a moderator: Nov 17, 2014
    #35     Feb 23, 2014
  6. loks good
    we can add names now that you have cases done

    check out math from others
     
    #36     Feb 23, 2014
  7. tiddlywinks

    tiddlywinks

    That snip does nothing but determine price case. But as you requested, here's a compiled SC DLL. You can use the crosshair and the Chart Tools Window to see the numeric price case of each bar. Like I said, does nothing but determine price case. Also included the source so you can match up the numeric to the price case nomenclature used in the code.
     
    Last edited by a moderator: Nov 17, 2014
    #37     Feb 23, 2014
  8. Alkene

    Alkene

    I tried to follow the drill for finding the 1 and 2 leg price bars. I found 14 2 leg drills going through them, but I am unsure which ones do not qualify.

    Drill.png
     
    Last edited by a moderator: Nov 17, 2014
    #38     Feb 23, 2014
  9. Hi Jack
    I am fascinated by your work and new to trading so I hope I can keep up with you! And thank you for doing this.
    Chris
     
    #39     Feb 23, 2014
  10. we can use yours and RN's 5x5 to circle the three kinds

    here is the drill
    ;
    open in paint

    get ellpses or cicles on paint

    use blue ciclres to do 1 legs there are two

    use red circles to do the two legs ones; there are 12.

    leave rest alone; most are three legged[/QUOTE]

    here is the 3 kinds we have . I have Circle all the 3 part on my 5 By 5

    The 1 legs are the ones which are in the Blue Circles

    And the Red Circles are the 2 leg ones .. they are 12 i think

    And most of the part which are with no Circles are the three legged part

    5by5-1.png
     
    Last edited by a moderator: Nov 17, 2014
    #40     Feb 25, 2014