The profile being built here is priceless. It is very difficult for the human mind to not have intellectual development. surf's mind is developing but not in a manner that serves his normal needs. the development serves a need to survive . There is an oversupply of income for surf because of the myths being maintained by the financial industry seeminly unknowingly. the bar is exremely low in the financial industry. To see it you have to go into a NY Subway.
WTF....better known as what the fuck??? word of advice: never ever ever try and read Jack's manefestos while high
I would be very glad to. In the near future you will have two three ring binders. One will be divided into 7 quickies in the first division and the second division will have 10 parts and some of the parts (the early ones) will have several pages. You could use 11 tables in RDBMS for this 3 ring binder. the other binder is labelled "continuation." It has all of the process stuff in it. There are four divisions. The division that sits opposite (is mutually exclusive to) the EE three ring binder is the Primary and secondary OOE's division. As you use this set of binders (by placing cheat sheets inside the plastic covers. (4) you become familiar with the chart I made for HateTheRisk entitled: HateTheRisk.jpg. cycles are formed by trends that alternate, normally. your question is about when the trends alternate in a slightly different manner. This has a name. The name is a CW name so it is incorrect and is a misnomer. To arrive on the scene I'll use the misnomer: Failure To BreakOut. (FBO). In detail, what happens is the next trend begins. Click a stopwatch so you can remember the trend began. We are looking for when the trend ovelap ends (don't look on any page in Covel...lol). No one told Mikie. One move, the first move, is underway. The qucikies are the secret ingredient. They are pebble castings. Arrange seven circles; what you see in nature is how Roebling (RPI) made cables to build long bridges. I lived in Roebling 6 built in the Depression. Think this way: 3 moves.... 3 moves.... 3 moves....oops one move.... 3 moves....3 moves.... the one move (quickie) comes and ends. Here it is: dom...nondom....dom....DOM...dom ....non dom....dom.... A trend is dom...nondom...dom. A cycle of two trends is: dom...nondom...dom....dom....nondom...dom.... I did 10 cheat sheet pages for all about the markets. Clean page 4 survived best of all. It was about getting to point 2. Point 2 has to be "outside" of the prior boundary and NEVER inside the prior boundary. I am trying to get a person to understand what happens after point 3. here we are trying to deal with the mood around point 2. It may be possible for people to NOT understand that a precise description of the market has occurred: no noise; no anomalies and no flaws. It is finite so it goes on pages in binders. But like all things, to use it your mind has to be built too. It may be true for people in ET that they learned that "reading" does not build the mind. they may know that if you have mythical beliefs, you cannot learn of build the mind. Foolishly today I wrote the bsis of PVT to explain a thinking concept. MSFT came on my computer and updated it, turned off the computer, turned it back on and thee I wqas at the same place with a blank sheet of paper... Bad boy that Bill Gates and co. Above I put in words how quickies come and go. How CW uses misnomers. And how quickies are cast as pebbles while the Pattern is cast in stone. I said there were 10 divisions in the continuation. this is really bad news for you. All divisions go no further because an EE steps in the way and shortens the trend. as you see the CW go it wrong everywhere it went. No one makes any money. Here is a positive comment about a person here who made a terrific dedision and and has great plan of action. Donna goes through building he mind to the point she did. THEN she steps up and helps others. In doing so she learns to learn better herself. She polishes her built mind more and more by helping others. She is, in effect, doing drills of supporting learning while she does drills of trading. She arrives at 6 contracts. She arrives a 6K a month earnings which she then sweeps. I am doing a PTSD thingy with one contract and 15K a month sweep. Different trading method (SCT). We both do a monthly repeat process. I am building horizontally by adding more and more accounts. What is it like to un personal accounts above 6 contracts? above 60 contracts? above 600 contracts? with 10 accounts out of a max of 15? I handed out all the quickies with calls and daily records. I asked for clean charts. I got some. I asked for a log. I got one. I posted going through the Pattern. A few weeks later that example is lost and the log I did for it is useless because it does not fit for a different date than it ws written for. Look at the log and see that there was NO quickie. NO quickie MEANS more PATTERN. A quickie MEANS an FBO has happened. Wait until you discover bookmarks. I put up 100 either calls or trades. To prep for a Paltalk I made calls for the open day afte day. some people did not see how the open worked, others could not even see calls. we posted calls and results for evey day for over a year. and the year's su7mmary was posted. 4, 5, 6 years posts were made about any Q's. I get to do a drill when I answer so that is a pleasure. In the piece you read you learned o look for EE's before testing for categories and you know every bar has a category. If you do all bars as they come to you, you always know BEFORE areversal that the reversal is coming and it is perfectly correct in every way. To get fraom A to B you make the distance zero between A and B. there are no shortcuts. your mind will build itself if you give it the exercise.
You may be correct. I suggested that he had a need to survive. I feel that in his work sector, the finacial industry, there is a place for him and that place he chose has an ample supply of money to keep his operation (a propaganda ype infusion) rolling on a good level beyond a marginal existance. I am going to be with a person name John Carter for three days. His five week print shows 14K going to 70K. This is an example of a trader who is more than suviving by your standards. I compared his print to my approach and its delta. BUT I am going to spend the time with him. I suggested very early in my posts in this thread that surf have one of his skilled acquainances get in touch with me. All I wnted to do was let surf see something he hs never seen. Capital being extracted at a rate close the the offer. In TA there is an opportunity that is way beyond your and surf's concept of survival. As you say everyone is into survival. I do not want to change your view. We are in a Depression that will last another 10 to 12 years. This makes survival important. On the otherhand; would you please consider what it is like to be "immune" to these sorts of things? I believe your mind has a very high capability. Its potential is off the map, relatively speaking. Picture a river. We are on opposite sides. Everyone starts on one side of the river. The river is not deep nor is it swift. Certainly, I cannot tell you what it is like on my side. To cross, it is necessary to build a bridge or wade in a proper way. In therapy, I use a stream for people in difficulty (mental). I follow a Native American custom. I know when a person has completed the exercise. If a person is wading across a stream, he needs to learn something very small to begin. When I taught a combo course of theoretical physicis aand thoeretical calculus, the first and practical project ws to design a device to measure stream flow anywhere in a given stream. It had an inherent difficulty that a learner had to face. (an off the shelf flow meter cost about 20K 50 years ago) Intellectually, most people never get off the couch much less fight. Surf can't fight.
+1 In addition, catch this bit: Dave: Exactly what testing have you done to prove the above idea? Victor: These tests can readily be performed. My group of colleagues performs these tests maybe 2-3 thousand times a year over different markets and time frames. So when asked what tests he uses to test for randomness, Neiderhoffer is fully evasive. He's like a typical politician. I doubt he even knows how to test for randomness. Surf certainly doesn't.
Surely you jest, VN has a PhD in statistics, not to mention teaching it at Berkeley. He tells you the tests in other sections of the interview.