Here ya go. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2136345 width=800> (click on attachment to enlarge)
I would just like to reiterate the opening message of this thread: the best weapon against trolls is ignore. I have about sixty people on my ignore list now. They no longer exist in my universe. And I strongly suggest, when you go through the culling process, that you exclude them from your Final Universe too. They have no role, no utility. Don't quote them. Don't respond to them. Don't even acknowledge their presence. All it takes is two clicks, to make each one simply disappear.
Don't worry, I will not pollute this thread with my charts or logs but please let me ask some questions: 1. What kind of prior knowledge about SCT (or PVT) is required for somebody who wants to follow the SCT bootcamp from the beginning? 2. Is the currently used log considered to be correct and ideal on a beginner level? I'm asking because it looks already pretty detailed in order to be used by a beginner. I thought it should be a little bit simpler because at the beginning you probably mainly want to learn about the relationship between volume and price which then would give you the current mode which then allows you make your decisison. 3. The current vocabulary list created by Neoxx is this now complete and correct? Thanks.
Just realized parts II and III of the Drill have been combined into one. Have already spotted some glaring errors (notably in the part II drill), but will save them for debriefing. Eleven pairs of charts and logs have been posted. As per recommendations, I'll wait for some initial feedback before continuing with the second part of the drill. Incidentally, dinner engagement in five hours (uncle in town for one night) and early start at work tomorrow, but will make sure I complete at least part II of the drill (i.e. get to channel pt 3) for all the charts before the end of the night. Frenchfry, thanks for asking some important questions. I'm sure the answers will benefit everyone.
I'm not current and I have not been able to get into ET for some period. I just did search to find the Last post of neoxx. It was in the ignore thread where he kindly listed his ignore list. I have been supporting the boot camp by using a syllabus that does a run up on all levels from Assessor to Advanced Expert. The principle underlying the boot camp is that the mentor must go to where the learner is and bring the learner to advance expert at the pace of the learner. The boot camp concept is to work for a month with a college level entrant who has no prior trading experience. A month was decided fairly long ago and after a lot of pragmatic work was doen to define the algorithm, its applications and the prove in from a deep and thoroughly documented development process. (google information theory, subset non-probablistic, subsets certainty and sufficiency) My personal handicaps and failings were such that as I subdivided topics and factors of beginning, that I could not reach a real and simple starting point as cited by you in the three points that you make. We have found a starting point by making a combined effort to, remotely, deal with all the aspects of making a beginning. It is much more humble than I first mistakenly assumed. This additional benefit will, in the future, serve us well. I changed some things around to facilitate the process. Now, and going forward, we are doing a series of drills to go through a generalized day. We have separate folders for each day from day one. I term this an aid and I call it a parallel development. We have entered for each day. This was the first step. I have not responded as I shall for each pair of illustrations for each day. Last posts I made were to acknowledge the restart and to encourage getting the rest of the days started. That happened. We have a starting point set of terms that will be further dealt with. 3 ring binders will be done for: trading and for learning. The first stage of debriefing will be to deal with each stage of the day; entry is an example of a stage. as stages transpire they will form the SEQUENCE of a beginner trading cycle. At that point I will switch to completing the remaining cycles of each day to complete the particular day. At this point two accomplishments will have been achieved: the stages of a sequence will have been drilled and sequences on beginner level will have been drilled by doing more sequences than just the first sequence of a day. Next we will do a partial debrief on trading profits to fill in the A portion of MADA on each day's log. The goal will be to add contracts every net profit of 40 points per cummulative contract traded. This will give a Business Plan equity curve for doing part VI of the Business Plan. I will make this clear through my annotations on the logs. I am backed up about 125 pages plus illutrations at this point. because. now, I have a means of annotating and we are using hand done charts and scanning and posting them, we will be able to handle the give and take of the process. THe OP has suggested he will clean the thread weekly and in the mean time I will add all those to ingore that Neoxx has contributed to the feeback thread on sharing ignore lists. I will catch up and Neoxx will have dinner. I have to go back to first pair of day one for entry. I would appreciate it if you would ask questions and I will, next, do some annotating of entry and make an "entry" summary statement so that stage of the sequence of beginner channel cycle trading is set and established. There is much postd on entries and probably some references will be made available. The pace here will be set by participants and I will be having a period of being handicapped by pain killers. My base line for this has been determined to be unreliable so remediation can put me in the ER, etc. If I do not keep up exercise I deteriorate at a rate that I have to spend time to build back to a sufficient exercise level. Surgeries are unplanned for me at this point; when they come up, I obey. Its like measles but each measle has a mind and schedule of its own.