Time is NOT a variable in trading. The two market variables operate when slugs of information with the same potential content are processed into named events. There are 10 price named events and 11 volume named events. Each set is interlocking. Thus perception in trading is acquired in a very brief work effort. These events pass during a trend after the trend begins and up until the trend ends. Each type of trend ending has a specific unique character. There are just 35 of these. End Effects occur in the absence of any named trend events. How difficult is it to determine if 21 names are absent?
Sorry Surf, if you think our general talk litters your thread tell me and I'll refrain from it. Have no intention to post any real-time day trading calls currently. Just talking with the trading buddies here at the forum so to say.
Yeah, newbies better start as small as possible I strongly believe. As Buffet said "if it's worth the penny, it's worth a dime". Once the method is proven, increasing size is just a matter of time.
Since we cracked the code of the PRICE DRIVER, the evidence is in the trades since January 1st. There has not been one loser in the YM and over 600 points of profit. The TA folks refuse to even post calls before the fact, something that the surf report has done since 2002 on a regular basis. Just to clarify, I remain very bullish, but wanted to demonstrate the Price Drivers on shorter time frames hence the bearish profitable short term entry earlier. Nothing to do with Stochastics or other TA nonsense. surf
Oy, these price driver traders never take losses. Cracked the code? Sounds like voodoo or witch craft to me. Be careful, readers.
Surf, you are talking about 1 1/2 months of trading here. While these were very nice trades, that's hardly statistically significant.
He already showed that he doesn't understand the concept of statistical significance when he poo poo'ed Cornix's 50+ trades. This shouldn't come as a surprise.
50+ Cornix's trades are just luck, while a few Surf's trades is clear evidence of how superior PD's are.