Technical Strategy

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

  1. MarkBrown

    MarkBrown

    kool-aid anyone?
     
    #491     Oct 25, 2008
  2. Neoxx

    Neoxx

    Debrief - days 1-3

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2144180>
     
    #492     Oct 25, 2008
  3. Neoxx

    Neoxx

    Day 4

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2144749>
     
    #493     Oct 26, 2008
  4. Neoxx

    Neoxx

    ..

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2144751>
     
    #494     Oct 26, 2008
  5. Neoxx

    Neoxx

    ....

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2144754>
     
    #495     Oct 26, 2008
  6. Neoxx

    Neoxx

    Debrief - days 1-4

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2144758>
     
    #496     Oct 26, 2008
  7. Neoxx

    Neoxx

    I'm trying to be less self-conscious and more self-critical.

    Incidentally, is a UBS port the same as a USB port, and could you elaborate on using harmonics for partial fills?

    TIA,
    Neo
     
    #497     Oct 26, 2008
  8. Yesterday was a rush for me. My goal was to have us finish the 10 days and from day 3 onward to overlap the debriefing so the contract level could be inserted in the logs as each one was finished by doing the remaining channels of each day.

    I screwed up the check out of the posted trial debrief. I didn't check the net profit for the 3 contracts running on day 2. 61 points for 3 contracts is 183 and not 273. I was dragging and dropping numbers to spped up the process and I had added a column too. I put the wrong thing in the wrong place.

    [​IMG]

    We will expand the debriefing to cover many other topics for the 10 days as the day goes by. WE will focus heavily on the stages of the channel cycle and also the places where, when looking at bar after bar by sliding the cover to the right, causes concerns and issues. Resolving the issues shows up in the "remarks column IF the data set taken in monitoring is sufficient.

    Thw way to uncover insufficient data or illogical analysis is best done by having comprehensive log sheets following full annotation of each bar.

    Full annotation will be a first recourse source of incomplete information.

    We couldn't initiate two columns (overlap and volatility) after to general discussion of logging. We got columns ID'ed but not used. As you see additional information DID appear in places where the whipsaw trading appears. The first real money traded, as you remember was in a whipsaw orientation as well.

    this is the evidence that a support person uses to learn from the learner most easily. BUT it is not what is important to concentrate upon alone. The most important thing is the process and that so far is greatly disguised by other priorities of the learner, namely being very neat and waiting until a tast is finaly complete insteast of posting partial efforts.

    Working in this remote manner precipitates these constraints. As we put the 10 days in a package, I will try to cover about 50 items and get about 125 pages of copy up today. At this point I feel we wil have a first pass on beginner done in a marginal way.

    Getting the logging to convert from a labratory log to a PV oriented log is difficult as we see. We are trying to switch from what happened to what is happening NOW. It is like moving slightly to the right in the commentary.

    Our main benefit will be that we will .moreso, be on the right side of the market. The "chunking" is a very old pre ET topic as those who have used archives know. Anyone who has 10,000 pages of prints of posts has the chunking era in hand.

    I feel the stages of the channel sequence are complete and well rounded "chunks". the whiposaw doesn't come up in chunking.

    Here we see that some chinks are frazzled by fuzziness in the stage's "doing a chunk". Is there a chocolate candy called a "chunky? Or food? "let me have a chunk of peanut brittle or maybe that _______.

    Stages have their own specific lives and when we are in one we don't whipsaw around in it.

    Beginner is used to establish that CONTINUE in MODE is THE money making effort of SCT.

    The space between stages has little money making possible during the existance of the space. we see about four spaces a day and we see each could be +/_ a bar thither or yon. This is four times a day when HOLD is not being done yet one more time.

    What this means is I have to check for marginal performance on HOLDS as the day goes by. Since so far we can't do days, I have to wait until we get to that stage. When we do, then I will be looking for maintaining the quality of MADA as real time passes.

    In early levels of trading precision doesn't matter since it does not affect making money. What does affect making money is following the routine and doing tasks corrctly. Our limitation here so far is my communicating a task in such a manner that an invention does not occur, a translation does not occur and an idea of doing it smarter does not occur. I am threading my way across a mine field so to speak.

    Directions are made difficult because the words have different meanings to different people. I have to use the words and meanings the learner uses by going to where he is and bringing him along.

    As we do drills I will figure out how many are required to lock up an idea. 10 is not enough so far.
     
    #498     Oct 26, 2008
  9. Good.

    UBS is a mistake on my part. USB is correct.

    You are not going to get to partial fill until about February or later.

    We haven't been debriefing on your trading BUT as you fill in the debrief on contract additions, do you notice an occasional loss?

    If you do, you will notice that the loss has a cause.

    Be aware of losses since there is a reason for them.

    10 times more important is the profits. When we debrief on the trades we will go through all profits first and make a chart of the reasons for each and every profit. We will do this in a reverse chron since you will know more at the end of the drill than the beginning.

    If you are sitting on the wrong side of the market as you go along, please go back a bar or two to see why you decided to stay on the wrong side of the market. This is a new practice for you as part of A of MADA.

    Then, possibly, we can skip checking out the times of being on the wrong side since they are no longer happening. I will cover the ones where you sat there and let 1/2 your capital dissappear.

    As time passes and you are more and more sucessful, one of the nice things about it is you then know better and better how to pay attentions to detail. All pairs of tapes create a traverse. There are always traverses to be annotated. If you have all the traverses annotated you know which ones are dominant and non dominant. If you know what is dominant, then you are alert to making money. If you are aware of the nondominant traverse, some times you see that the nondominant is moving in price, contary to the channel trend and you are back within the daily previously established range. This means a new range test will be following since you HAVE NOT HAD an FTT.
     
    #499     Oct 26, 2008
  10. Neoxx

    Neoxx

    Day 5

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2144856>
     
    #500     Oct 26, 2008