Here is the link to The M.A.T.R.I.X. thread. http://www.elitetrader.com/vb/showthread.php?s=&threadid=113958
Interesting read. One of the obvious 'strategies' is discussed in trading books. So no secret there. Works great tho. I use it myself. Got the second one today. A big eureka. The other "obvious" crossed my mind a million times, but I never gave it a second thought. Too dumb. And it is. Ridiculously stupid. Come to think of it, others posted around the same idea for years... Jokes on me. Lots of bullshit in this thread (haha), but I know TO/TE/Teacher is enjoying himself with some help scattered along the way. Seems snakey knows more than the oracle? Although maybe TO is playing coy? Either way, this is easier than anything I was doing before. For all those following along - it exists. It's so dumb, a 5 year old could do it. Optical illusion is right....haha See you on the battlefield, Generals
Jack, Your project sounds like the work of Ian Mc Harg's of that era (Design with Nature), interesting... The Neuroplasticity stuff is incredible...I read the Doidge book.... so much for "a leopard can't change his spots"....lol! Here are 2 guys that are completely blind that taught themselves echolocation: http://www.youtube.com/watch?v=uobuBc2GO0o Juan Ruiz rides a bicycle in traffic in LA every day... I felt a bit like I was echolocating when I did a drill some months back where, for 2 weeks at a time, I drew the price bars all day long, looking at volume bars only. My brain hurt at the beginning, but after a few days I could pretty much "see" price, I even knew if a bar was a doji etc... see attached for example- I pasted the results together EOD. Highly recommend this exercise in case anybody here actually wants to find out something... I posted instructions on TL on how to do it: http://www.traderslaboratory.com/fo...price-volume-relationship-380.html#post126157 Jack- what do you mean by "Doing five cycles of the log for practice in a session..."? I know that there are 3 cycles of price and 4 of Volume...what are the five ? TYVM!
The UCSC was between Penn and that University on Market. So Ian was just down the street at Penn in my day. Our staffs had a continual discussion about the relative diversity of urban and wilderness grasses. I was on the urban side. I recognize that I cannot communicate very well. Cycles in trading for me are like sine waves or such. What you mention just above are "moves". The moves comprise half a cycle. (the long or short half.) This makes a trading cycle a long followed by a short and a repeating of the pair over and over. Learning the P, V relationship is most quickly done on a log by pencilling it in. First, you could type a cycle on a log and cut and paste it four times; that is 5 cycles of P and V in their relationship. Pencilling the 5 cycles is a different thing than cut and pasting. It involves what we are talking about. ("changing our spots", quickly) I posted a cycle recently in my hand writing, I used the back of a white sheet of paper. My experience in getting people to do this is about nil. No one will do it and I do type up the answer sheet for them to check against. The mind part of trading isn't going to work for anyone who is shortcut oriented. IF a person could put the basic pattern in his mind, then he can build the theme of iterative refinement from then on. The mind has so much potential for conducting wealth to a perosn's account. as we read most postings, it is very clear nothing is at work in a person's mind ordinarily. I am a Bot when I look at a market. I KNOW when to take profit segments at their full offer. It is not something that is step by step; it is an automatic flow. This is really funny. In 1957, I was charting a day at a time as a bar. To go through 6 months might be seen as a 6 month process, except I kept the page of the ESJ and put them on racks. If I got a stock in my universe all I did was plot volume and price for a sheet and annotate its characteristics. This was way before the industry got around to publishing charts on a weekly basis. It was a crazy time. My brokers were coattailing me on a national basis. LOL... So here in ET the job is to get people to get their minds in gear. Compress everything down to a very short learning curve where EXPERIENCE is the thing we have to compress. Lots of experience in a short time. Pencilling five cycles does that. Take fifty days of five minute charts and on one weekend make fifty logs, one for each day. Take just volumes of charts and do what you did; draw the price bars. Do it for fifty charts on a weekend. Take fifty price only charts and draw the volume for fifty days of charts. What is the result: it is called FACILITY. This is how a person does work to not be bitching about "decoding" what he thinks is unstated (he just read it instead of working it) or the priceless cryptic and gibberish stuff. At some point before your kids get too old you DO have to figure out how Santa goes around the world in one night. Otherwise they just turn out to be blind believers who can't ride bikes more than once in LA traffic blindfolded.
It's funny that there's a lot of talk about 'who to listen too'. Interesting, because, initially, in this very thread, it was only TheOracle who spoke in poems and riddles, and was (possibly) attempting to teach people, although now, most people who post in this thread tend to speak in poems too, and there are now (apparently) a LOT more experts in here sharing knowledge and advice. It's confusing, lol, but the thread is still a good giggle
JH..please make ur posts shorter..jesus christ man..no one reads past the first line short and to the point will work much better..and u might even get people to like u
"The UCSC was between Penn and that University on Market. So Ian was just down the street at Penn in my day." --- Very cool...my father studied with L Kahn at Penn in 1950! He used to say he never worked so hard in his life lol "What you mention just above are "moves". The moves comprise half a cycle. (the long or short half.)" ---Ok, now I get it... thank you for clarifying! "I posted a cycle recently in my hand writing, I used the back of a white sheet of paper." --- Yes thank you, the 17 bars...was studying it "as we read most postings, it is very clear nothing is at work in a person's mind ordinarily." ---for sure...the mind has to be cajoled into working. My personal feeling is that while computers have great advantages, they can slowly degrade your mind by teaching it habits of passivity....my son is studying Music composition and is teaching himself to sight-read to play any music right off a sheet... he is getting good at it but it took him 2 years of effort... "Take fifty days of five minute charts and on one weekend make fifty logs, one for each day. Take just volumes ....." -- OK Will do! "Otherwise they just turn out to be blind believers who can't ride bikes more than once in LA traffic blindfolded." ---Hahaha love it!