Technical Strategy

Discussion in 'Chit Chat' started by Tums, Oct 3, 2008.

  1. Neoxx

    Neoxx

    The Zone, does not represent merely a numerical value that needs to be exceeded, as I had previously thought, but rather forms a widening triangular region between two diagonal lines (highlighted on the diagram).

    In this example, it can be seen that I breached the RTL at around the 25-minute mark.

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2230598>
     
    #1551     Dec 20, 2008
  2. Neoxx

    Neoxx

    .
     
    #1552     Dec 20, 2008
  3. Neoxx

    Neoxx

    One thing I've found really useful are A4 display books - streamlined plastic binders with 20 clear plastic pockets (picture right).

    A full book holds a month's worth of ES and YM charts (+/- logs) and takes about a quarter of the space of a corresponding ring binder.


    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2230625>


    The pockets keep the charts pristine, and the book can be opened 360 degrees, thereby easily laid flat for convenient comparison of the day's ES and YM charts.


    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2230619>


    Twelve slim folders for each year of rolling charts.
     
    #1553     Dec 20, 2008
  4. Looks great ! Good idea.
     
    #1554     Dec 20, 2008
  5. Neoxx

    Neoxx

    Such a simple thing, but I've found them immeasurably helpful.
     
    #1555     Dec 20, 2008
  6. Neoxx

    Neoxx

    General update

    The cardio is going well. So well, in fact, that I'm unsure if I can keep it to alternate days for another week... the endorphins are just as addictive as they used to be. Also feel I may be verging on the anaerobic so will need to find the chest strap for my heart rate monitor.

    In the process of setting up my wireless network... a few minor snags, but I'm confident this will soon be operational.

    All domestic shipments have been received, and 29/12 has been set as the delivery date for the new computer.
     
    #1556     Dec 21, 2008
  7. sscott

    sscott

    Thanks Neoxx............
     
    #1557     Dec 21, 2008
  8. Neoxx

    Neoxx

    If you find them even half as useful as I have, you'll wonder how you ever lived without them.
     
    #1558     Dec 21, 2008
  9. Neoxx

    Neoxx

    If you don't have a colour printer, I would strongly recommend the Canon Pixma MP 610.

    It's a superb 3-in-1, which at $200 represented amazing value for money.

    At the current $80 it's an absolute steal.
     
    #1559     Dec 21, 2008
  10. My recommendations regarding the ES market and its capacity are best understood and monitored when the the time comes.

    You are doiing a god job examining the markets and yourself. I notice on ET, usually, if I make supportive comments in threads, it starts a debate for some reason. Here in boot camp I feel everything has been productive as you make advances.

    The Fight or Flight Response and the Bohr Effect are now on the table and you understand that, in trading, FFR and BE are part of the CW and PA trading, i. e., those people continually betting on survival. The Lizard Effect commonly freezes them during decision times.

    Being able to measure the "partnership" a trader and the market have by measuring each in parallel goes a long ways toward optimizing the partnership and its coming into a functional operation.

    Experiencing coherence is a required experience and at some point after that isin hand, then going to that place as a trader becomes possible.

    In the past, there have been conversations in forums about using the CW incoherence "symptoms" as first order measures of when a person is getting into "NOT knowing that he knows".

    What it is like for me and spyder, etc, is different than it is for people in the transitory perion of completing transference. There is a tipping point that is best described as "feeling a loss of attention to business" EXCEPT all the business at hand is getting done right on the mark. It seems this feeling drifts in and out of the picture at first.

    What is happening is a transition from incoherence to coherence and mistaking the composition of coherence. since it is new and most often only the FFR and BE are in the space, not having them there is difficult to process rationally.

    A lot of trader are of the opinion that there seating arrangement is lacking if they ever have to leave it for bodily functions. On the other hand, there is never any reason to have to feel you must be glued to the screens. When X is there for MODE it is nice to be there; but as we all know the X only appears 20 to 40 times a day for an expert. In between we are either moving away from an prior X or to a new X. It is like reaching a point of no return when flying a leg.

    So it is for coherence and incoherence. Do you notice how coherent Spyder is in his posts? He knows he knows all the time.
    he has the need, though, to deal with market capacity and he does have a family of ATR curves for daily market conditions and intraday market conditions. Is is an application of capital problem that comes from "knowing that you know all the time AND being in a coherent state as a consequence.

    I think I recall seeing your first emwave illustration and a 92 BPM was showing. I am looking at 55 as a value since that is my rest pulse. You are looking for your rest pulse or less.

    Attached is my graphic title page of My Heart Owner's Guidebook. Lots of circles and sub circles. You can see how you lost weight in boot camp (look for the word balance). My cardiac instructors could step up to the EMvwave and show 80's on the coherence 100% of the time they were attached. If they touched anyone on the machine it was an automatic 20% shift just because of the attention given to any person.

    A desert wren just chirped several times outside my office.

    A lot of people are conditioned to be in FFR and BE all the time. They do not have an alternate state. You may be getting to understand this.

    The general conditioning for people who are trading is not well measured nor well understood by those who treat them and write about them. How would it become possible for a person to get from where he is to where he can be?

    The usual answer is apparent. The person has to experience it. So drills are required. 16 years of emwave business gets to games as suggested by the business people at emwave.

    In Tucson, we are rewriting the book. The cardiac program here simply puts people into the coherent state that is so desirable in many different ways. Look at the cover illustration of My Heart Owner's Guidebook.(76 pages). My soft backup (computer file resources) is about 450 pages. My bibliography is approaching three digits in books.

    Create a guidebook for yourself.

    How can this world operate if nobody knows how they work?

    This part of bootcamp is to get you out of CW and its incoherent freakout responsiveness by yet another avenue.

    Trading at expert knowing that you know all the time is a very simple and smooth flowing process. People seem to not want this modus and they do a great deal to never BE DO HAVE.

    It is a matter of choice.

    You made the graph (we all thank you). Everyone can see the graph as an illustration.

    Why do people not want to own it or know that they NEED to own it? It is a graph of a portion of the market's offer. And this offer also has another aspect: it's capacity.

    An account can support trading 500 to 10,000 contracts in ES presently. As an intellectual task, it is a requirement to place this aspect of the ES market in a business plan.

    Executing business plans comes down to FFR and BE not being part of trading. A trader has to know that he knows all the time. Drills make this trip to the finite logic of always "knowing that you know" if you do not have FFR and BE wrecking your coherence.

    The bridge is trust which is gained from acceptance of tells from the trader's partner the market. The value of this acceptance is on the illustration in this post: it is the portion of the offer made available by skills and knowledge in the differentiated mind.

    Elsewhere a person rejected trading this way because I fail to offer details of quality and I only pump out quantities of nothing. A choice was made by this person based on my failures.

    I am asking persons to listen to tells and accept them. Also I ask that while doing so the coherence meter is pinned to workaround FFR and the BE and not have antything to do with survival be at play. "never empty" rules.

    The appearance of trust, enhances coherence as may be deduced. "Gentlemen, start your meters" is what my words represent. There is no difference between NASDAQ and NASCAR.

    Betting on survival is the graphic representation of CW and PA.

    Coherence takes survival out of the picture and pool extraction and its applications takes betting out of the picture.

    Choose to cross this bridge as did Spyder and many many others over the last four generations.

    Think of great traders you have never met. when you are in their company there is a mutual understanding: betting nd survival are not part of the picture and and there is nothing provisonal about the market proving to you that it is always right. There is no other partner that is more reliable than the market.

    The market tells; you accept (and this is non intellectual 1205); trust appears in the space; and a magnificent value is created. A portion of that value is shown on your illustration. What makes the semilog line more steeep is the measure of trust a non intellectual function.

    Start your meter.
     
    #1560     Dec 21, 2008