You assume a certain amount of authority and expect allegiance even from those who have not yet had the benefit of verifying your authenticity for themselves. You appear to assume and assert that anyone who chooses a path other than yours is misguided and a loser. Effectively, you are frowning upon independent thinking. I will agree that some people may be judging you prematurely, but you are no less guilty of the same thing. Your posts are virtually never succinct and you attribute your overlong and often apparently directionless posts to "process." This is where I disagree. I think you are either purposely making things more complicated than necessary or you have issues with communication skills. I assure you it is one of the two. I will let you decide which one it is. You talk about your desire for "transference" and then you proceed to shit on people's heads. It is difficult to make friends and influence people while shitting on their heads, unless you are specifically seeking out self-loathing sycophants. I think most driven people will jump through whatever necessary hoops come along in order to achieve their goals. However, you seem to be constructing artificial hoops with your obfuscation. I don't know if it is for self-aggrandizement or entertainment purposes, but I do know that only toadies and sycophants jump through artificial hoops to gain the admiration of their masters. Don't expect too much support or admiration from independently minded people if you continue in this manner. Hey, you asked.
Hardest part of trading IMHO. Biggest reason people lose (Steenbarger talks of this in his trading psychology book) In fact some people probably don't have the right personality for trading--can't follow rules. Blah, blah, blah.
If profits were re-invested, $10,000 would become ~$13 million in two years based on the cited return.
Thank you for your comments and your conclusions about how you view me and how you see others viewing me. I am sure many others would agree with you and that they would reach the conclusions that you have reached. The either/or types of conclusions are always a possibility but I think there is more likely a spectrum. I do not fit into any part of the positive spectrum; that is clear. The "myway or the highway" theme hasn't been as prevalent lately as it once was. I do not believe anyone can get through any learning, process or otherwise, without independnet thinking. Independent thinking is the cornerstone of learning. I know a lot of rote learning goes on but I do not think that it is possible to do much mind building when the rote stuff is predominating. I believe your comments and conclusions are well within what the vaste majority thinks of me and especially my ways. As you are viewing it, it looks like the camtasia stuff will mostly be a waste of everyone's time. It's great short coming will be that most of the time I am the narrator and the meeting participants only participate infrequently. Too bad. Your description of the causal winnowing process that is going on seems to be one that creates a residual that is not going to be productive or forwarding. This is obviously an answer for trader666 who sees that no one is around but me. Thanks for taking the time to respond.
10k is a very small number for a guy to go to the trouble of making up some software. The person performing the software first went on leave for six months and then did not continue his job after using the software for 6 months. When we met in person, he had begun to carry out several aspects of his near term interests. He had a custom Freightliner build to haul a custom 32 foot trailer he designed and had built. A fifth wheel set up. The electronically operated transmission in the Freightliner was pretty slick. I have a combo of three electronic transmissions (operated by choosing one at a time) for my V12. One of his seasonal goals was to nature watch in remote areas around the country. He felt keeping a home base in CA was a necessity for a lot of reasons. We roughed out the considerations of mounting a DTN disk (36") on his visit. I was using a DTN sat at the time and we went over the position metering and signal monitoring. It is easy to see that slicing off chunks of profits would cut into the 13 million two years out. From a trading business plan construction viewpoint you can see how the change in capitalization affects the trading details. Once the partial fills condition develops, there is a trading execution permutation that enters the picture. Ultimately, there are other considerations. That is, for example, the liquidity of stocks and their Beta characterisitcs, present trade-off decision making concerns. lots and lots of these kinds of things. You have to add annotations that can serve as indicators of the ease with which you can operate with each instrument. I noted 8 doublings in performance in an attachment. By our spending a time of 4 hours in contact once, he noticed his performance subsequently increased by 20%. This is an example of where you could be headed if you decided to use your calculator to estimate how iterative refinement works on equity curves. Making money blows up for mostly all successful trading techniques. And there are many. The channel width on most of the 84 stocks on the list i posted is at a minimum of 25% and the 11.1% attained by the mechanical actual is a good verification of a person's skill in programming the info from e mails way back when. when you rank the 84 stocks in groups by where they are in the trading cycle, at any time the pile could be ranging from 25% to 100% as the potential move size. Some of the 50% are particularly smooth and just running part of capital as a subset for 50% turns, changes the mix as well. What is the combo that makes up an approach in this period of time when a lot more stuff is available? Its a lot more than the calculations you ran. Try running the calc's presuming that you cut the cycling time shorter and made 4 to 7% a day. What indicator shifts do you consider? How many stocks do you need on your hot list? How many streams do you divide a 1/2 million dollars into to make 20K a day? The questions that you have to consider are in your trading business plan. So are the answers.
Jack, a newbie may believe this but you and I both know that this is a bunch of crap. Or have you actually convinced yourself it isn't? Why aren't you a trillionaire yet? Humor? Is that why you're foaming at the mouth, dribbling profanities all over your bib? Tell that to Curtis Faith, one of the original Turtles who wrote the document. I hate to break it to you Jack, but I don't need a guru... and even if I did, I'd seek out someone who knows what they're talking about. More humor?
If this is addressed to me, you're mistaken. I never said I don't understand Jack's demented Grobian drivel. I'm very open to new ideas and will take a concept from anyone and subject it to rigorous testing to quantify the edge it affords, if any. And that's what I've done with bits and pieces of Jack's over the years, and have never come across something of his that doesn't crack under stress. If you know of something that you think will test out, go ahead, I'm all ears.