you do not want to have less than 3+beta's in your trading universe. You can sort them according to their location in the trading cycle so you can do cross over trading based on optimizing money velocity of profits. how long the crossover events are is NOT based upon time but based on the OOE of a trading cycle. WJO'N proved very very conclusively that sorting universes was to be done on an EPS and RS percentile basis. That still holds in this Depression.
My NDA has a low seven digit penalty for showing "information" for each violation. We traded live in rooms for years. Some rooms were here in ET at that time. A long ago posted print shows one of us trading 40 contracts of SCT trading with a net of 47K in somewhat over an hour. It was proven to not have been photoshopped. Sorry some of the hahahaha guy's charts disappeared; they were really good ones.
Hi Jack, Does it mean some of the crucial "information" or algorithms are not disclosed? Are there any hints for a struggling SCT learner like me to discover the missing piece of puzzle? Thanks and Regards
Technique: The idea that if a stock has made a recent 4 year high or low I should expect to see at least some follow through.
"I believe that everything happens for a reason. People change so that you can learn to let go, things go wrong so you can appreciate them when they are write, you believe lies so eventually you learn to trust no one but yourself, and sometimes good things fall apart so better things can fall together."
This is what I learned: that everybody is talented, original and has something important to say. - Brenda Ueland
Please point the threads please. I have seen many reference that it happenned, but have not seen it actually happening. You obviously do not need to prove anything to anyone, but it would be great to see sct live and working as it designed.
The answer to the thread is, just do the opposite of what you do now. It has to be the exact opposite. It seems easy, but really it is not.
Dear TO, the chart that you attached is a weekly chart.... As you always mentioned,, that you're talking only about Day Trading?? Why do you need to see weekly chart?