Objective, repeatable, consistent. Think of it kind of like the turtle challenge, how can you prove the theory if you hand someone something that uses chart patterns and is not objective. You can't, hence a set of very objective instructions. Can I give a monkey the instructions, and provided the proper discipline can he execute and get the results that I get. That is the litmus test as far as I'm concerned, in terms of whether giving away a strategy will ruin it or reduce its profitability. When we start talking about savants / "feel" traders, generally traders who could probably somehow make money off of a "indicator" or "pattern" they mentally witness with no hard data (and is most likely just a crutch for tape reading), things completely change.
You may wish to move above your yawn level at some point. Starting with 2 to 7 trades and then moving to up to 14 a day, is a very good operating level., a very high percentage of margin. The first day this type of trading was on the table for Todd (Spyder), he did about 5 trades and listed a net of 17 points. Recently we took a look at the "forest" level where a group of over 20 were participating. There, during the day 22 points plus were recorded. This is the FTT trading. Doing 22 points on this level is a yawn for you. For Todd, it is passing it forward to anyone who wants to do the work. It is a very well done effort on his part and the part of many others. You may want to glance at the edited version of the first month of the futures jounal. It fist appeared as a link on page 130. It is a well organized color illustrated record of the accomplishments of a working crew of people who are doing trading on the ES as indicated above in this post. What I am noticing in your contributions here is that you may not believe what is being said. That puts on the table a couple of things. 1. What makes it unbelievable to you? 2. How did it becone believable and useful and rewarding to others? 3. What is the difference between you and them? 4. How could this become available to you so you could start out and make up to 20 points a day on the ES? 5. How much more a day are you making on the ES if this much a day makes you yawn? 6. What will it be like at the end of March for you when the second level of trading SCT is completed and two more volumes are edited and made avaialble? 7. What will it be like for you in August when the third level of trading is complete, demonstrated, edited and published? This will be a time when 20 to 40 trades a day are been carried out. What you are yawning about is a trading paradigm that is expert, free, available, being passed forward to anyone who decides to build his mind by doing the work and which is transfrrable to any market that has a minimum liquidity to allow Seamless Continuous Trading with a paradigm shift away from the conventiional orthodoxy. Maybe instead of yawning nd falling asleep, it is time for you to yawn and wake up.
Sypdertrader, throwing a bunch of shit on the wall and seeing what sticks is not teaching a method. Let alone failing to quantify it. Listen, I work at a relatively small trading company. We made maybe 15 million dollars last year. We are small fish in a big pond, but we make money. We didn't sit down at the end of the year and say (1) lets teach ET posters our method, or (2) if we get 62,500 people to sign up for our website at $20 a month we could double our earning, or (3) lets hit the Ramada Inns outside of every big city and we'll hold seminars. Thats just not how it works. Instead, the people we work for make us sign confidentiality agreements. Thats the real world. Sorry, but its true.
Listen. I work for myself. I have no boss, travel whenever I choose and I have no confidentiality agreement to sign. I've never charged for trading advice, never held a seminar in a Ramada Inn, nor do I own, operate, run or contribute to any financial web site (other than ET). This may not be your world, but it is no less real. - Spydertrader
I used the annual results you got and did the compounding to get the initial capital needed to trade up to that amount over 240 days. I will be setting up an account with half of that ASAP and it will be traded by someone using the method from the present level onward for 240 days and we will see where we get.
Spyderposter, you're probably clipping grocery coupons right now. Jack, you lost somewhere on that one.