SPM discussions

Discussion in 'Strategy Building' started by Jahajee, Oct 22, 2008.

  1. I haven't looked at the 3MA and 9MA logic --- can you briefly state how to do this?

    The SPM threads are very long, can't find the MA messages.

    Thanks.
     
    #121     Oct 27, 2008
  2. Trader28 gave a detailed explanation on this thread ... and as I look back through it I see that they have been deleted.

    I also see that the original postings of my charts have been changed.

    I don't like being micro-managed, and I don't like the weak games that TUMS plays to support Jack Hershey's Fantasy Island trading system.

    I'll drop you a PM, but I'm done with this bullshit ...

    P.S. Tums, the ones who lose are the newbies dropping me PMs who want to learn the system (ie, actually learn how to trade) ... maybe they'll meander over to Jack Hershey's thread and be confused for the rest of their natural born lives.





    <hr>
    Moderator's comment:
    Trader28 forfeited his privilege to post because he engages in sabotaging activities in other threads.


    This is an internet forum...
    Everybody is free to speak... so long as you:
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    If you do not like OP's topic, please start a new thread of your own.
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    #122     Oct 27, 2008
  3. For what is worth, I'm not new to trading, was just interesting in the method because I love trading and chatting about methods with fellow traders.

    With that said, I want to thank Mandel/JJ and the crazy ass T28 for taking the time :)

    Hats off.

    TV
     
    #123     Oct 27, 2008
  4. Ditto!

    :D
     
    #124     Oct 28, 2008

  5. There is no perfect ma, although if I had to choose it would be between 8 and 50. You need enough space to let the trade breathe, the moving average is really your stop. You may want to look at different stops like volatility. SPM works great in trending markets and gets killed in chop due to a relatively tight stop.
     
    #125     Oct 28, 2008
  6. I mean you absolutely no disrespect kinggypo, but those are your shortcomings, not the systems. For anyone who was fortunate enough to catch T28's posts, work with him over the last couple of days and get a good understading of it ...

    It works like a g*##!# magic charm.

    ***

    Had to go to the dentist early today, so all I caught were the shorts in the ES.

    Now I got errands to run and gotta go to work later, so I'll be happy with $568.00 (not bad for less than 1/2 hour's worth of work ... them's lawyers fees).

    Nothing like getting consistent wins to build your account, eh MDT? :D

    Good Trading (to anyone using this method, LOL).

    P.S. Damn it's still going, that's OK, I'll hit it again tomorrow. :)
     
    #126     Oct 28, 2008

  7. Good trading!
     
    #127     Oct 28, 2008
  8. Whats also amazing is this thread is only 7 days old and it has garnished more than 45,000 views!


    Moderator's Comment:
    No need to get excited. This thread is a split from the SCT Boot Camp. It is carrying the view stat from that thread.
     
    #128     Oct 28, 2008
  9. Nice trading JJ.
    Applying SPM to simple price action principles has really become an eye-opener!
    Thanks to T28 and JJ.
     
    #129     Oct 28, 2008
  10. T28 or sword - any chance you can put a few arrows on the entries that you see? I'm almost there w/ you, just need a little more guidance.

    :D
     
    #130     Oct 28, 2008