Day 4 Spent a long time on bar 41, before electing to hold. I think the blank paper on the lower half of the sheet affected my Analysis, even though it shouldn't have. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2142310>
Putting this to rest isn't going to happen for the heeckler. We all wish he could have been there at all the meetings and that he could have participated in the mentoring sessions where a person was taking 100,000 dollars to a million in 100 days which is the time it takes to change one's capital an order of magnitude. The means for doing that is attached. The reference for seeing the doucumentation of the meeting where trading PVT was discussed as putting all the facets together is available in two versions. the initial version was augmented by adding in a planning session and a trading day of the actual person who was doing the job of going from 100,000 to 1 million as an order of magnitude change. The archived document is "Putting All the Pieces Together". The camstasia of the first version is also available as the IBG MeetUp of 22JUN06. This camtasia from 22JUN06 was transcirbed and illustrated. Later when the 08OCT06 planning took place (a Sunday) and then the week of trading form that planning took place. I used snagit to collect 30 shots of how the lists being used were successful in providing the planned trades. After that, I had the transcriptionist merge the notes and illustrations snagged into an edited copy of the original. She used bold to differentiate the editted in copy. Then the team doing the archive came over with a portable hard drive and picked up the new version and put it up in the archive they maitain for any users. Trader666 has been an avid persuer of a lot of work done by many participants in the local groups and subgroups of this effort. The trader who worked to do the order of magnitude shift has also succeeded in using SCT and he is a team member with Liz's brother who is participating in this thread as an information provider. It is funny to see this heeckling by this person knowing that he doesn't even know that the trader his is heeckling is contributing as a team member of a team that provides support info to this thread. To make another point. Their is a backtest equity curve that trader666 produced as a consequence of his hard work to backtest a few of the pieces of "putting the Pieces Together." He proved that he could not use the pieces he used to be able to personally trade. I made an effort many times to send to him and anyone reading his posts a ONE PAGER (IT IS ATTACHED) that he might want to backtest to see if it worked for him. It IS the ONE PAGER that was used to do the order of magnitude change in the above referenced efforts made by successful PVT and SCT traders. Either Trader666 is consciencious or he isn't. He has not reported back the results of his use of the attached ONE PAGER. For years he has been provided the stocks to use; he has been given the results of the stock trading and he can look at the record of the results anytime he wishes. He did not respond to the information repeatedly given him but he DOES continue to repost over and over the meek and poor personal results he as an individual has achieved. His record of achievement is a shining reflection his work. What I stand for is what he has chosen to lurk and heeckle about. He is simply one of the OCD parasites that are typically attracted to those they hate with a vengence for the reasons that they have chosen. Here and now in this thread we are making a boot camp beginning. We are not translating as Trader666 uniquely did for his purposes; we are doing transference mind to mind and document to document. The world has changed over the last 75 years I have been alive. When I was so little it was a depression. Our family provided the milk to every family on our block and my mother was a nurse that delt with all she could for neighbors. My parents elected to have me work my way through college regardless of their means. I did that and I started trading right out of college will all the money I had, 300 bucks plus half my salary. I built my mind logically and comprehensively because I recognized that having an unlimited always availanle supply of money would allow me to do all that I could or wantd to do and that others who did the same could do and want to do many helpful things. I borrowed money twice in my life: 5,000 dollars for a mortgage (a five year mortgage) and 20,000 for a sailboat (a two year interest only loan collateralized by 20,000 of stock in street name). I paid cash for cars, toys and everything else. Trader666, for some reasons, took a fork in the road that disabled him from learning to trade. He follows a strange and dark path of his chosing. I have never seen him post a helping hand to anyone. I do wonder why people mostly reject the opportunities afforded them. In contraxt, we have many many examples here of fine and helpful people. I feel we are withessing a miracle here in terms of how an individual can continue selflessly in support of the bettermentof others. We are witnessing how that individual and his team can build from scratch an entity that will change the world as the years pass. He leaves no stone unturned and he is ALWAYS there in support of going down the correct path. He example spawns countless others in places all over the world. Spyder is the man. At some point it will be possible for ET to come out of this slump and waste and noise. There are many many ways to trade and many ways to help others. Why there is this dissonance is so instructive. How long will it take to learn the lesson? Help someone else every day.
Day 5 Despite Peak Volume, didn't locate the FTT until price was at the RTL! Not thinking critically enough. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2142426>
Just do Day 2. Put it up again and show how it went. We need to get a beinner trending day on the table and the clue on the trending day is NO FTT for the day. after we get these FTT's in place for the 10 days, you HAVE the beginner channel sequence in hand. This breakthrough means the next drill is to finish each day by DOING THE WHOLE CHANNEL SEQUENCE OVER AND OVER FOR EACH CYCLE. Discovering the channel cycle in its stages: the beginning (entry or FTT reversal), seeking point 3 and doing lookback to point 2, and finding the FTT is a religious experience that is much higher than a AHA or merely an aha.