The Stochastic Indicator

Discussion in 'Technical Analysis' started by jack hershey, Feb 17, 2003.

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  1. Well, there you have it.

    No different than the heckler in the back of class, who are failing anyway, so they may as well as disruptive as possible.:(
     
    #1331     Aug 1, 2003
  2. bubba7

    bubba7

    We systematically integrate with the market as part of it. Three time related direct variables are sufficient to establish a process to optimize the systemmic results. We preserve capital by moving through risk levels( least to most) as we prove-in our activity as measured by accumulated profits. We start with a minimum risk using the smallest incremental value for particpation. The market's share of responsibility goes from nearly complete to minimal as three distinct levels are transcended. Because the market operates in two strategic moduses as articulated by the P, V relation and it's corrolary, the entire process is mechanical and locked into software. A detailed facet is that the second modus, "change" is not deployed untilt he highest level of profiting; "continuation" is the only strategic modus used until that time. The highest level of profiting is a continuous, seamless activity where 3x the daily H/L range is the dynamic daily asymptote.

    As in all defined systems, they operate ad nauseum until affected by advent of a degenerating mechanism. These mechanism provide two functions: they are the switches for enabling the specific future strategic modus of the two and they dictate the trader's specific immediate remedial action to affect continuous profit taking. The approach minimizes these mechanisms quantitatively and also establishes an heirarchical order by using a dichotoumous key. Similarly, the three variables are valued dichotomously and they are in a frequency and phase relationship that is dichotomous and symmetric. Their relative importance is ranked dichotomously as well according to the frequency. This yields a precise measurement that is perfectly mathematically symetric which is the maths limit of elegance. It answer the three key questions that are required for making money continuously. The Q's are:

    Where is the market in it's profit making cycle?
    What is next?
    How fast is it changing?

    Above you may be able to "see" something. Maybe not. 4 out of 5 people are in the boat you posts put you in. You are going through a new experience for you. And I am not part of that from this point on. The B type people here, and you are one of them, lay their garbage on others who are working hard. My focus and the focus of those who work here is transference. Where you accumulated your garbage is your problem and not ours. I have made the effort to give you a one pager that scopes and bounds this. The reason this thread is so long is twofold: (1)people like you show up and crap here. (2) people like the ones that did not respond to you are working very hard here month after month to assimilate in depth the essentials of the one pager above.

    Do not make any requests of this group nor me in the future and please do not respond to this post in any way either. We are busy.
     
    #1332     Aug 1, 2003
  3. Well geez, if you all are making 10k a month a contract I should definitely get lost, or I will have a gang of millionares putting contracts out on me! This is such a load of crock, somebody post something showing they are making anywhere near that(or anything at all) and I will be gone forever, along with the rest of the naysayers.
     
    #1333     Aug 1, 2003
  4. dawg

    dawg

    i try and stick to the methodolgy as best as i can...i didn't finish filling in some of the value for stoch, macd...but ou get the idea...as you can see i have many losers, but usually are very small. we are not talking rocket science here.

    beleive it...don't believe...i could care less.


    so far having a tougher week this week +8.25...got shaken out of this morning short rocket twice.
     
    #1334     Aug 1, 2003
  5. Sorry, deleted the first post while updating it, so here it is again.

    Meant to show icebergs and good potential for short rocket this afternoon.
     
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    #1335     Aug 1, 2003
  6. Glad you made this post. I took a 2.25 loss today also. Thought I got in late after reading the preflight list.

    I am thinking we should have re-entered the pre existing rocket on sync.
     
    #1336     Aug 1, 2003
  7. bubba7

    bubba7

    Here is the key.

    Our preflight set 985 as S.

    We do go in if we have all the signals. THE MACD is really "AWAY" and it is saying that the rate of money velocity is very high. The Divergence is not there. Divergence is a signal of putting your foot on the gas. So all in all we are at a high speed and not accelerating.

    We did not have all the signals. Acceration missing.

    We drove into a brick wall called S (support).

    As usual a rocket takes you to S or R. When we get there we have consolidation in the form of CCC.

    The brackets that you set did not get you in.

    Summertime, Friday and on the S with two reports coming up (labor and manufacturing).


    Final comment: When you are riding in a channel, you can be in any place in that channel. For some experts, I know you see this as an "away" side of channel set up and we are at terminal velocity. It was a 7 point run and slammed through the S by five points. I know you factored in high volume and the corresponding volatility of the consistent price rythm.

    If and only if you noted 100% of these items above, and you have six digits running now, through laying off stuff above 5 contracts, then and only then can you go for the gold. You have every right too.

    The box we built here is quite complete. I just insist that you treat risk from a success and consciousness viepoint. when you make money you get rights. when you make money you become very conscious of these successes and they imprint. I insist as I do to prevent garbage from cluttering stuff up. for what ever reason, you can see that failures to make money really stick with people. Failure means that the next successful step is carved out in a new way. It has to be a shorter step and really work. People do the fight or flee thing. It is very hard to not flee. If you fight, then it is difficult to win because it is required that the step be a short fighting place. There is a funky guy here. I am observing his step height as he begins each time after severe failure.

    I strive very hard to keep failures at a mnimum. The prime reason is being able to forego a recovery period.

    Notice as baggerford fails (washing is his current nemisis); he is good in persistence only from the viewpoint of his increasing focus on his difficulty (ies). He is absolutely focused on "limit"; it appears to be a price limit. Choosing the right pendulum is a "time" limiting thing. The baggerford issue is NLP fear pictures.
    He had losses. He had some wins with changed method. He quit second job that covered losses. I regard this as inappropriate behavior coming from a particular belief system that is marginal. New method; no back up job for losses. Now, I am his something or other to spend energy on. Here is what I have done to him: I posted here and ,briefly I did ask him to work to answer some of his questions to me. I stopped. It was inappropriate of me to assume he would work. We are working out of this by his not getting suitable answers (there are none) and him doing a "fruity Pebble" sequence.
     
    #1337     Aug 1, 2003
  8. bubba7

    bubba7

    You have the right to say that and do that. I made a note elsewhere as to why.
     
    #1338     Aug 1, 2003
  9. chaos

    chaos

    Electron,
    Go back and reread your original post. It condescends to the very people you are asking for assistance. You open the conversation with belittling comments and then expect to be treated with respect?

    Baggerlord,
    You’ve established yourself as the chief critic on ET of Jack’s system, yet you’ve been trading for only a month. Enough said.

    Bundlemaker,
    I agree with what you say. I would add, for those who are struggling to understand the basics of this method, that it helps a great deal to go through the trading-day examples that Dawg, Vorzo and others have posted. Go through them trade by trade, point by oint. It’ll take hours but the payoff is there. Also, take a look at Dawg’s and 1contract’s journals for more examples of the same. I thought Jack was either talking nonsense or way over my head until I did this. Then the parts began to fall in place.

    Regards,
    chaos
     
    #1339     Aug 1, 2003
  10. chaos

    chaos

    Jack,

    I apologize if my reply to electron has caused the thread to veer of track. Please continue putting the focus on the method. I'll bite my tongue from hereon.

    Regards,

    chaos
     
    #1340     Aug 1, 2003
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