The Stochastic Indicator

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

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  1. Jack be nimble
    Jack be quick
    but the stock markets
    he couldn't lick.

    Jack the maniac
    told his men
    go out and find me
    a scholarly gentlemen

    The men came back
    with a spastic on their head
    they said he was mystic
    this they said

    Jack aszed the spaz
    what say u
    the spaz say this
    and say that too

    Poor Jack didn't get it
    and neither did his men
    so he sent them out
    "go find him"

    This time they returned
    with a donkey on thier back
    jack can't make not much of that

    If this seems to go nowhere
    then u know the way of jack
    but if you get my drift
    you'll be gone and won't be back.
     
    #1521     Aug 18, 2003
  2. nkhoi

    nkhoi

    no rhythm, F minus.
     
    #1522     Aug 18, 2003
  3. WOW
    You Win


    that is the award for waisting the most amount of time detracting from this thread- now why don't you take your own advice and...

    I give you points for creativity though
     
    #1523     Aug 19, 2003
  4. I just can't seem to NOT get bounced around, this morning....

    Long at 1001.25 at 9:50 - b/o of DU bar

    Lost 2 points

    Short at 996.25 at 10:10 - short rocket

    Lost 2 points

    Long at 998.25 at 10:19 - failed rocket reversal

    Lost 1/2 point

    ???????????????????????????
     
    #1524     Aug 19, 2003
  5. I've had a lot of days like this recently. :( I've retreated to rockets only, after trying to push myself too fast into intermediate trades. I got short on that rocket @ 998, exited 30 min later with a wash, too wigged to bother with reversing (although it would have been a good idea).

    went long @ 1001.25 with a strong rocket building.. no follow-through. recognizing that sitting around wating for a trade to happen is when I start to lose it, I exited at 1001. would have been okay to hang on, but I think I'll learn how to do that later.

    Finally got the patience to wait around when I went through my trades since I started (3-4 weeks ago), and realized that if I had just taken the rockets and not pushed into icebergs and my other hare-brained ideas, I'd be comfortably profitable.

    Anyway, point being that I sympathize. I hate getting bounced around like that. There seems to be a lot of 'break the trendline, wander around, return to trend-channel' going on over the last two weeks. its killer. :(

    --laz
     
    #1525     Aug 19, 2003
  6. bubba7

    bubba7

    The synch started today on low volume.

    Bar 5 was a VDU.

    You would be bracketing in to get in if you could as an intermediate or expert.

    The pre flight says yesterday was a centering day on the IT.

    I do not want to be critical, but these late summer days are days to perfect sidelining primarily.

    Below a certain point the market does not operate and is all noise. Volume tells you this.

    If you want to go in, set up a conservative bracket and that will keep you out. I know this sounds strict but you have to get strict.

    Between yourself and the market you can keep out.

    Trading continually means being out when there are no trends.
     
    #1526     Aug 19, 2003
  7. Please!!!! Be critical, I need it. Actually I need to be punched in the face several times. The HARDEST thing about trading is to be consistant, and you know what- I"m not. Its very frustrating but at least I realize its me and not the market.
     
    #1527     Aug 19, 2003
  8. bubba7

    bubba7

    You're on.

    I will use your past peformance as a standard. We will focus on jelling the individual details into a way to anticipate.

    My prior post contained the items.

    You need to see everything that is possible as a flaw.

    You have the normal sequences down for continuation.

    You know every morning starts off with high volume.

    you need to process totally that when a day starts rotten, there is no Phoenix that comes out of the ashes.

    Do not look for doves with olive branches.

    When the market works it is working as normal. There is just a market moving and giving you money at the pace of the market.

    the Edge people thingk there is a grail ofsomething. A thing that dumps out piles of money.

    We are efficiency experts here. We focus on connecting to the given potential at any time.

    You see how it works. You are a swift responsible guy.

    The market is not working. We see flaw flaw flaw. No Phoenix will appear. No Dove with an olive branch.

    You see people here trying to get in and they wsh or lose on washes. You must be with the program.

    If the market goes to noise, then set up a very conservative bracket entry. You have the skills. If enough energy arrives you go in. if not it is noise. If you go in by the market entering you. then, you are looking for Faws to reverse. If you have no stops coming up on the log. Then you are out a a small profit. Out.

    Our stop log continues to move with the trade. It keeps on rolling with the trade. The flaw when it stops feeding you numbers means the trend is not working.

    BO is next. Bracket get you in. Volume and stops keep you in.
     
    #1528     Aug 19, 2003
  9. bubba7

    bubba7

    I read the last 5 pages carefully. You cannot imgine the work I am doing to get the stuff ready for labor day.

    These people here who are upset with stuff, are kind of unreasonable. There is no quick way to fill them up with what they need to do their best. The world has changed over the years. And these people are the standard for the future.

    I do not expect them to understand this 6 months of effort. I'm training triage teams here in about 150 communities. All I can say is that my past experience is the basis of this. I lost track of how many people I couldn't help medically long ago. It is a relief in a way to lose track.

    You see people who say don't help and you see people who say help. What they say makes no difference, except those who will be helped need to accept it.

    The pissed off people and the detractors are not going to make much money anyway, ever. There are earnest people who come from no foundations of prior opportunity that just slay the markets.

    These people who aren't going to make it because of the the box they are in, are good in the way that I expend them for comparison and contrasting. The harshness of ET has a lot to do with how life cripples people irreversably. The length of this thread that they complain about is their garbage that they detest seeing in their mirrors. You can't imagine what it is like to edit this stuff 5 or 6 times.

    A year from now, things will be different. In 6 months we have seen about three waves of these people. The next three waves will be more vitriolic since the basis for trading will be canned by then and they will be laying on us why it doesn't work in reality because they tried it after not going through the plateaux and actually building on success. It is hard to be in a 10% category in anything.

    This thread happens to be a good example of how crippled people get attention. The AGM'ers in the first wave were child's play compared to people on the take. Our porcess is based upon giving and contributions of peer experience. Takers show up as usual. Attention Getting Mechanisms is not their bag. STG is their modus. I had an energy secretary drop over the the WH to to oil co execs on our need for info. The write up I gave him had STG in it. He asked what they woul do? I said it will be the first Q and to go into the G and let them have I between the eyes. He got the info but we were never allowed to couple energy and inflation in policy generation.

    The people here now in this wave are STG'ers. Short Term Greed types. They go away.

    We have been planning the real time stuff for weeks. I will get on aol voice whatever when someone sets it up. I went to an ET Thursday chat thing. What I typed didn't show up so I do not know how to make it work as yet.
     
    #1529     Aug 19, 2003
  10. Quote from jack in other thread:

    "I'm out of here. Do not pm me.

    I am not going continue anything in ET at all.

    I worked very hard for 6 months and I up to this minute was spending a lot of time to be helpful.

    My thanks to nhkoi for inviting me here. He is a fine person and I do not wish to reflect negatively on him.

    Thank you for your time."
    -----------

    I guess this thread should be closed too.


    ---RIP---

     
    #1530     Aug 19, 2003
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