Now you're getting as vague and irrelevant as Lefty. Are you ready to face the challenge question, which will be reposted shortly for the benefit of those just joining the discussion?
Excuse me. Seems to be a couple of posts here for you. I believe they are called "demonstrations". Well, thats enough entertainment for me today. I want to make a few bucks before the close. Short term trend is up for the moment. Good luck to anyone actually trading Lefty
Well I almost made it. Step 2. is a common one for trading systems. If on the list of successful trading systems you see any that are random entry, take those off the list and reread the post I made keeping in mind that you eliminated all the random entry systems. Make it simple by also only using successful systems that enter "with" the market. This means the entry into the maket is in the same direction as the market is moving. Now we have basically understood what I was suggesting in step 2. At this point you have punched in a few more words than i have spoken about. That is, when you read what I wrote for step two, understand it to say that thissuccessful trader for fifteen years on the public record is entering in a non random manner with the market using an order that is with the market. For emphasis: AND HE IS NOT TO ANY EXTENT AT ALL CONSIDERING ANYTHING BUT THE OPERATING POINT OF THE PRESENT MARKET. In other words he is operating in NOW where the word now means the present. Time will pass and he will monitor. He has a successful approach and he uses it as he always has. From this you may gleen that there is no assurance of future profits based upon past performance (performance means past successful trading). For the short term there is little probability that his approach will falter. If he does, however, notice that it is faltering, it will not be because of the d efforts your are simplistically farting around with. (this is a negative appraisal of the time you are wasting upon yourself). We, on the otherhand profit from your wasted time. All of the above is done and monitoring is the key. When the market operating point changes, then the trader handles the situation to continue to make money at this new operating point. Depending upon his prowess he sees more or less. this is a skill function. Experts have the most skill it seems. There is no skill in making up d's. D's are made up using methods. methods can or cannot change. Changing the method is a skill based effort. Using a method is mechanical and not skill oriented. Skilled traders monitor skillfully and as deeply as required. They make decisions as time passes. The decisions make money. Naturally my posts here are slowly drawing you into an intellectual process for figuring out how to make money. Right now we haven't started any of that as yet. You are operating in one place (the d thing) and many of us are operating in a market setting. You are at a place where you request a mechanical thing to plug into and get a d to pop out. Naturally we are the one's who have to give this little package to you. There are a bunch of these and they are in boxes that are colored. They are used simply with arithematic mostly to get a number. you want to watch price go to that number or, as the alternative, sit on your ass if the expectation is that the number can't be reached. This is a flag system. There is no skill component nor is there a monitoring component except to deal with the "failure" side of the trap. certainly there is no considration of failure so far on the table. I now have your trivial assumptions regarding step 2 buried and out of the picture. I am pointing out the difference between a skill based method and a simplistic mechanical method with no risk considerations. To make money in the markets in relation to the money available, it is done using real time skill based strategies and not mechanical plug ins/flag combos. Rollins busted his and his corporations ass to get to a place to make money. Obviously he has a data processing problem and a staffing problem. So he makes money according to what is possible given the limmitations. Others here are really productive. They are burying the competition in ways that are not even possible for most people to consider. they can easilt predict the litany of responses because they know where other operate and what they deenm to be possible because of the particualr set of handicaps the others face. It is simply a replay of the Rollins quagmire. It is a real challenge for a person to move from one group to the other. from mediocrcy to excellence. It is so difficult that maintaining the "stuck" position naturally consumes alot of misdirected energy. The unstuck people could care less if another person joins their orientation. They spend little time maintaining where they are vis a vis other's onslaughts. What I am doing here is overcoming your objections embodied mostly in assumptions you make. You do these assumptions for a reason that is necessary for you. You are trying to salvge what is left of your position. At this point what you are requesting, you are finding out that it is in uneeded and unuseful, and engendrs risk during failure. You have also learned that the parts of the market operation that are untennable for you are very useful for others. you will have to at some point turn to skill building as a focus. Rollins people are very skillful at figuring out what they can't do or what they say can't be done by anyone. most people determine early on that talking about what they aren't going to be doing is unproductive. On the otherhand it is very productive to determine what skills can be acquired to handle how to make money once you are in a trade and, furthr, to be able to do that skillfully during any part of the market's operations.
by the way, before I go. I dislike being called vague. You're a moron. Is that specific enough? As to the comment that I am irrelevant, again "you are a moron". This pertains to your lack of intelligence, and is therefore relevant to any subject you may bring up.
(Caution: The challenge question is posted again below. Anyone who is offended by this material should avert their eyes and scroll past it or direct their browser elsewhere.) What is a reliable method that can be applied to past price action to forecast, before entering a trade, a profitably large positive or negative number d such that (p1-p0)>=d, where p0 is the current market price and p1 will be a marketable price in the near future? I'm looking for an answer to be posted here in plain text form. The proof of the answer is also to be posted here, as real time trading calls that specify on what basis the proposed method is being invoked.
For those traders who may not want to add more trend-followers to share/ compete the profit potential in trading trends, I would strongly encourage perhaps someone should consider posting only the low probability signals that would be probably generated by any outdated and unprofitable (whatsoever, whether trend-following or not) systems.