This is how i saw this morning. Great morning for a rocket short, followed by some nice ccc slaloming. I also agree with icarus, you will get too a point where you make money at all times. When the rocket outperformed, it created a wider channel that could have been slalomed. ITs up to your skill level though. Always work to get to that next plateau. jc
Icarus, could you please post a six month chart. I think we are at the bottom of the channel but dont have that option on my First Alert. thnx jc
thnks. Based on your chart, I think we might bounce this afternoon. If we break through that right channel, it could be some bad news going forward. jc
I am sorry if my ways seem corny. They, of course, are. I am so glad that you can take my ways as not offensive. What is really important is to be able to have people stand there beside what I say and laugh first before they begin to do their thing to progress each in his own way. I have two jobs here it turns out. One is to get people through a monopoly like process to millionaire. The other is to chip away at NLP pictures that block progress. I feel anything is fair for me to do to get it done. The flaw box is a classic. It is not easy to explain but I had to do many many things here prior to getting to the picture of the flaw box. We all know that some people just might not get one. My image of my flaw box is a cigar box my daughter made me in lower school. It was a cigar box covered with felt pieces. What was inside it were all the small things she collected here and there that represented me to her in positive ways. I got the idea of not letting flaws get into it at that time. So I had another box that I made pictorially in my mind that I kept stuff in that I needed to work on. Boxes are neat. You powerfully mention how things freeze us. I agree, that if you have a place to go to, then you can break the freeze. Real comment here. I think that it is a good idea to have a real flaw box. In two years it will be something you look at and tell stories about. One day, I did my biggest net profit trade. it was a net of 1,7 mil. Having a completed flaw box ranks the same. What is going on here is this. We have arrived at a place where we can see that 100% of the time we know what is going on in the market. Each of you may feel that you do not have facility to be in that place as yet. The facts are that as you complete your wall chart of the sequences, you do get to a place where you are just doing topography. That is, you are gluing stuff on top of stuff you have seen before. Once we see the picture of market operations, we get to see flaws as the cause of end effects of profit sequences. This is a tremendous vantage point. We have the right to turn over the flaw card and write on it what to do. How do I say it? Well you write the solution out because you have experienced before how it turns out. You know now because you logged stops and you logged sequences to take up the market time. today: sync, short, slalom, exit on convergence. 12:00 @ 990. the next layer down has the points and times and the C&R periodicity, new point 3. blah blah. Stop logs are rolling because of nkhoi's help and the prior dialog. When you get to the flaw box after the two trading strategies (continuation and change) you emerge into a KISS operation. To follow a critical path method to millionaire, you need a process primarily. The process of plateaux is designed to eliminate experiencing losses. You see posts that abound on how long it takes to make money. The posters are examples of people that do not have a CPM approach. So here is the pitch. You must do it BE DO HAVE. Everyone is a millionaire. DO'ing is how to manifest HAVING. The theory of learning for which I have the attribution is this: You make a risk to learn. To start to learn a body of stuff (knowledge, skills and experience), you must lower the risk of the first step to be able to begin to learn correctly. If that is not done, the learner will not risk really learning. And learning will not really occur. All learning builds on the beginning step. It is the foundation for success. The greatest and most significant improvements in reading comprehension occur if a person reading a couple of paragraphs in a test, does this: Read the first sentence twice. Over a ten year period, 100% sample, my students took the SAT math test. I taught for 10 years after we found out we could not have children. They had a pre post shift of 1.23 sigmas on aptitude. ETS said it was not possible. To move through 40% of a population cannot occur. I taught in one way only. Kids asked me questions they prepared based on self assigned homework they could not complete. I have never finished a text book later than mid February. What they saw was me demonstrating learning 100% of the time. They processed the second pass on the SAT in half the allotted time as a rule. So they did it twice during the sitting. The final conclusions drawn were that the students matured very rapidly compared to their peer population. Personally I concluded that the profession was not getting the most out of the opportunity. My students did library studies from FEB on and my department had the largest library budget. Here we have scoped out the market. Found that it has two moduses (continuation and change). We did a learning synthesis. We moved from plateau to plateau as defined by risk management. With no knowledge, skills or experience, we did rockets and washes (flat turns). Rockets alone can make you into a millionaire, just add contracts and one flaw card. It says "trend right line BO" the other side says "exit, you are at daily S or R" Punch line. At this point I am asking you to rad the first sentence again. Now you have knowledge, skills and experience. By my going through it all once more as a subtheme here (largely by my getting the jounals up to snuff), you can take another lap and really make some money. If you want, use 5 contracts and real money. To make this work best I am not going to post in any other threads. I will focus on adding edited text to journals and making points here briefly on those posts. What you may do is ask Q's here about what I posted in the journals. If I have to deal with moderators I am only going to note the current lesson they are on. At this point I have no scheduled surgery for the forseeable future. thius is the game plan. Your job is to learn and make money and post how you do it. This will finally help traderkay out.