THE CATTLE TRADE and Jack Hershey
ProfitMax
shorting from 68.00 (and no higher than 68.40). On a couple of posts I
made it clear that shorts were filled first at 68.00. This is in
OCTOBER Live Cattle, also noted in the posts.
After almost every one of those posts, Jack Hershey felt it necessary
to warn the readers of this newsgroup that they should NOT take the
trade I personally entered, and went off on a some explanation of how
faulty my expectations are.
One gets a bit tired of Jack tagging onto my posts with such useless
warnings. He did it before and was burned in the Wheat trade also.
Will he ever learn?
I made a copy of Jack's message to make sure that he could not hide
from this as such things easily get buried among all the other
nonsense you find here. The message is at the end of this post.
Let me highlight the line he used on at least 3 different messages
about my trade and forecast:
"Even if the trade were to be taken on through this process the target
and
goal for profits in a targeted amount of time is in a narrow band (for
long
and short trades). All in all this looks like a poor application of
capital.
Stay out of this potential trade."
Stay out of this potential trade."
Stay out of this potential trade."
Stay out of this potential trade."
Stay out of this potential trade."
Now, I did not wish to reply to Jack's bad advice (there is just so
much of it any way) because the trade must be allowed to prove him
right or wrong. As usually the case, it proved him WRONG.
As I am typing this, price has moved a minimum of 120 points into
profit, down to 66.825. The highest it ever went during this trade a
couple days ago was 6815 when the trade was taken. No threat to my
shorts.
Now a few contracts liquidated here and the ride can continue with the
rest. The initial risk is only 72 points maximum on this trade. Why
did Jack consider this 'not enough profit' when the risk was minimal?
Because he is stepping in a area of trading he does not understand.
Forecasting market tops and bottoms using cycles is MY specialty, not
his. Now his indicators once again has him sitting on the sidelines
while cycle analysis has turned another profit by 'anticipating' the
turns as they occur.
Start from the beginning here. On 7/24 I said that Cattle will rally
on 7/25.
It did.
I then two days ago I will be shorting from 68.00 and no higher than
68.40. Shorting because I expect it to go down.
It did.
While short, I commented that I expected Cattle to rally yesterday.
It did.
And during this whole trade, I got an eyeful from the dumbest trader
wannabees you would never want to meet. Timairity: "What a mess. He
says it will rally and he is shorting.." thinktank: "He makes bad
calls and shows he can't trade."
These clowns need to find a circus. Take Jack with you.
I've made my point (once again).
Rick Ratchford
ProfitMax Trading Inc
http://profitmaxtrading.com
============================
Disclaimer: Comments are my opinion and not a recommendation to buy or
sell anything. TRADING IS RISKY AND YOU CAN LOSE MONEY. Trade at your
own risk.
----- Original Message -----
From: "Jack Hershey" <jhers...@cox.net>
Newsgroups: misc.invest.futures
Sent: Monday, July 29, 2002 10:30 AM
Subject: My take on your retake
See my comments elsewhere. This is in congestion presently as part of
a
saucer formation.
Besides not making any money or making money with a reasonable
velocity,
going into a trade where there is congestion in a specific direction
(short
in your case) is about as risky as it gets for most trading approaches
and
particularly your person demonstrated manner.
The congestion is centered on 7680 and the only entry is a bracket on
either
direction of breakout AFTER it has been shown that there was no
failure to
breakout. The most likely current scenario is the congestion ends
with a
failure to break out followed by a retrace to the former level of
congestion.
This means that the bracket for entry has to be set OUTSIDE the range
of a
failure to breakout to be able to pick off the trend after the end of
congestion,next the failure to breakout, and thirdly the retrace; a
true
breakout would occur on sufficient and sustained volume and a definite
and
clear BO of MACD off neutral AND a definite and clear divergence of
the
lines. For %R and RSI and MA1 other here can comment.
Even if the trade were to be taken on through this process the target
and
goal for profits in a targeted amount of time is in a narrow band (for
long
and short trades). All in all this looks like a poor application of
capital.
Stay out of this potential trade.
"ProfitMax" <vi...@website.to.contact> wrote in message
news:Iwc19.4848$op5...@nwrddc03.gnilink.net...
> I am taking sells in October Live Cattle between 68.00 and 68.40, with
> stop-losses above 7/22 high.
>
>
> --
>
> Rick J. Ratchford
> ProfitMax Trading, Inc.
> http://profitmaxtrading.com
> ==============================
> TRADING E-BOOKS - http://fdates.com/ebooks
> CURRENT TRADING BOOK DEALS - http://fdates.com/book_offer.htm
>
> Disclaimer: This is my opinion and not a recommendation to buy or sell.
> TRADING IS RISKY. Trade at your own risk.
>
>
Timairity
>wannabees you would never want to meet. Timairity: "What a mess. He
>says it will rally and he is shorting.." thinktank: "He makes bad
>calls and shows he can't trade."
Hey dimwit, how's that monthly bean top from June, plus a bar, holding up? How
is the short term rally in cattle holding up? You covered all of your bases
for selling to newbies by making both short and long calls in cattle, and now
you're trumpeting to sell again. Even put up those odd Cipro charts that start
at different dates, thereby questioning consistency. So, anyone who followed
your short term rally in cattle is under water. Anyone silly enough to follow
your monthly top in beans is under water. People who don't look critically at
those charts don't see the *full* picture. Time to turn those trumpets up.
Tim
"If you really think this is a good place to harvest customers, then you are
truly ignornant of this business." Rick Ratchford 7/27/02
"Fdates does not mean you will be profitable." R R 9/2/01
Jack Hershey
Go to LC02V (qcharts symbol for OCT) and use daily chart. Draw the channel
(long). Measure its width of traverse. Calculate the relative money
velocity or for position traders calculate the money velocity of the slope
of the channel.
Next use a weekly chart. You see the entire activity of LC02V. Note on the
weekly a double bottom and the subsequent current long trend with your
daily channel on it
For my benefit please add the volume and MACD to your charts. I use an MACD
default of 5,13,6.
On the weekly you see a carrier trend of a negative short nature. You also
see a traversing periodicity within the long term trend (short). the three
points: (1) OCT, (2) JAN, and (3) define this carrier trend. Draw a line
connecting 1 and 3 and draw the trend line as a parallel line through 2. We
are in the fourth swing of this carrier channel. The present harmonic
channel is long and originated as the outcome of a double bottom.
on the weekly and on the daily there are recent "outside" bars. An outside
bar is significant. It is difficult for a trend to begin following an
outside bar. An economic force that is great is required to get the price
to move out of the outside bar. Look at the related volume of the outside
bar. See that on both the weekly and the daily charts that the maximum
volume of LC02V occurred for the bar.
At this point we have five bars following the outside bar that are inside
bars with respect to the outside bar.
I have posted days ago that there is a point where a trend will appear. I
suggested this Monday coming. I suggested the trend will be short. I do
not forecast as an investor. I am very very capable of forecasting. Vis
avis futures indexes I make separate forecasts on S&P, INDU, and NAZ. I do
this as a mental exercise. I calibrate myself for personal reasons. I do
not forecast as a way to trade.
My reason for stating this is that the long daily channel is rising and the
price bars are inside bars in congestion where the money velocity becomes
the least possible for the commodity. It is moronic in my opinion to trade
the congestion channel using EOD data and not monitoring the intraday
market.
Rick has now completed part of his scaled in and scaled out trade. I stated
he was scaling as Timarity does as well. Rick has used daily data to
position trade a partial traverse short in a long trending daily channel.
The inside bars are formed on thios traverse by the top and bottom of a
single bar that occurred one date. there is no way Rick can geometrically
do his thing with a top- and bottom thing on the same day using daily
charts.
I took this group through the trade of the outside bar on the appropriate
fractal. I also commented upon the short Rick did to enquire if he made and
exit days ago on the bottom and reversal of the lateral trend. He did not.
He has now taken two trips: down, up and down to get out of some of his
contracts. This is the first trade he has done here not exiting on stops.
This is an improvement. His stop is still in a loss position for his
position trade and now is just a protection stop which is how I always
trade. I personally am glad to see him stepping up to a better level of
sophistication and I know we all applaud him for this. I hope he does not
ever revert back to his historical method of exiting which he advocated in
his post"The Trade". He, now , is not using "the trade" strategy" thank
whoever.
We will see Thursday and Friday unfold. The significant thing that is
happening is that the daily channel is moving into the lateral channel of
the outside bar. This confluence is going to bring the daily channel to an
end. So there is going to be a breakout on the daily long channel to the
right. It will be by definition a short at that point on Monday when it
happens.
Thank you for reading this. This explains to you in basic TA what is going
on. and it especially shows you why to not be in this congested trade. It
has the smallest money velocity that is possible.
"ProfitMax" <gann...@yahoo.com> wrote in message
news:b5c73ab6.02080...@posting.google.com...
Jack Hershey
thinktank
you went LONG August cattles and SHORT October cattles ... both trades are
still uncovered ... tell us more about your hedging philosophy ... lol
"ProfitMax" <gann...@yahoo.com> schrieb im Newsbeitrag
news:b5c73ab6.02080...@posting.google.com...
> A few days ago I sent out several posts onto this newsgroup that I was
> shorting from 68.00 (and no higher than 68.40). >
>
> Rick Ratchford
thinktank
long august cattles and short october cattles? do his clients know what to
do with all the beans? does Ricki have any clients at all (okay we know
stepbrother Dale is/was one) ... so many questions ;-)
ProfitMax
cattle rally occurred just like I said it would. Anything else? Gee
willerkers nitwit breath, called it all while you still waiting for Dow to
hit, what was it again, 15000?
Oh, and the sells all worked too. Oh me gosh, mush for brains. Guess you
must of just gotten out of Cryo-freeze, eh? That's okay, I'll give you some
slack. NOT!
===========
Whew. Trying to communicate in 'Timairity-speak' really is taxing on the
logic module. I must try not to do that too often.
Rick
"Timairity" <tima...@aol.com> wrote in message
news:20020801115927...@mb-mq.aol.com...
Jack Hershey
"thinktank" <thinktan...@hotmail.com> wrote in message
news:3d497b54$0$5556$91ce...@newsreader02.highway.telekom.at...
> sure Rick whatever you say ;)
> you went LONG August cattles and SHORT October cattles ... both trades are
> still uncovered ... tell us more about your hedging philosophy ... lol
>
Rick did start with a long live cattle. And we did request the data
repeatedly. He has said lately that it was not a set up nor an entry; it
was a call.
I went through the call as a trade on the 5 min fractal. It made the run of
the outside bar in two hours plus on a fast paced high volume move. That
move took care of everyone around apparently. That bar traversed 50% of the
long daily channel that is in effect. The daily channel is now coming to an
end by Monday and this period from before the outside bar will show up on
the daily as an inverted saucer.
In trading, you strive to go with the flow and let the trend be your friend.
Ends of trends are failures of trends to continue.
The short Rick entered by scaling several contracts as a partial fill
approach to his position trade, he tells us he has left at a profit not
using stops to exit. What he has remaining in contracts he is holding and
not moving his stop day after day for reasons he is making clear to
Timarity. He wants to stay in as each mini reversal of the lateral cycle he
thinks is a position short trade ensues. This is a fandango at this point.
Rick exits on stops but he didn't. Rick operates on Dates like W and F
dates but there haven't been any. This is because F and W dates geometry is
telling Rick that there is a lateral trend which has no tops or bottoms on a
daily or weekly chart.
The neat little lateral contained within the "outside" bar ends is squirting
to the left as the daily long righttrend line comes up and through it to end
the daily long trend. If and when gets an IF date on this using CEPPro it
will be Monday. Since his last day was a short, it is going to be
particularly difficult for him. He is short now and scaling out of a daily
long trend.
He has three tasks: to predict a top or bottom following his current bottom
call, trade set up and entry and scaled partial exit and to move his
original stop after all this time has passed ( but it is so narrow what's
the point) and ,third, to finish this trade he is in. I think he will fail
to call the end of the daily long channel when it breaks out to the right
and I think he will not move his stop and I think he will continue to hold
the few or more (who knows) shorts he has left once the BO occurs on Monday
at the end of the inverted saucer where the daily long trendline is finally
broken through completely.
I know we are all running a little ahead of Rick now. His CEPPro and W and
F dates are going to have to start churning out stuff soon because we are
getting to the end of the "outside" bar persistence and the long daily
channel.
There is very little chance a daily long channel is ever broken out on the
left side into another long channel. An intraday channel is that is long is
possible. but this is on a fractal Rick cannot see. But do note he made
his exits on the shorts using intraday data. Lo I think Rick is watching
intraday by this time. Those low volatility "inside" bars after the outside
bar are telling him either that there is no trend or that there is no W or F
date. He is scaling out so that means he is seeing the inside bars are
forming a lateral trend to end the daily long trend.
craig wisper
ProfitMax
sense to know what a REAL trade looks like? Simply reading the comments of
Timairity, Jack and a host of oddballs is making this newsgroup look like no
traders are left.
What in the world is Jack talking about here?
==========
> I took this group through the trade of the outside bar on the appropriate
> fractal. I also commented upon the short Rick did to enquire if he made
and
> exit days ago on the bottom and reversal of the lateral trend. He did
not.
> He has now taken two trips: down, up and down to get out of some of his
> contracts. This is the first trade he has done here not exiting on stops.
> This is an improvement. His stop is still in a loss position for his
> position trade and now is just a protection stop which is how I always
> trade. I personally am glad to see him stepping up to a better level of
> sophistication and I know we all applaud him for this.
===========
Jack, I know you rarely ever pay attention to what I tell you. It appears
that you like to drift mindlessly in a pool of assumptions. Much like the
day dreamer in a science class.
First off Jack, you and Timairity seem to not realize that ANY TRADE you
hold for more than one day is likely to have the market move in your favor
and against. Yet, Timmy writes big wahoos about my shorting a market that a
day or so later I know will move against my position, as if there is
something wrong with my shorting decision. My profits today prove otherwise
(as usual).
Additionally, you suggest that no trade be taken, and warn everyone to avoid
it. The market has been moving lower as originally forecasted.
As for my protective stop strategy, it has NEVER changed. You write of
'improvement'. Get real man. My trading plan has never deviated in over 5
years (when Fdates were discovered). Same technique and approach for entry
and exits. You simply just don't get it, that's all.
I've been sitting here trying to get it in your thick skull that what I do
WORKS! Moving stop-loss orders along with the trade is LOGICAL. Determining
price levels of support and resistance using GANN techniques is extremely
accurate and powerful. But you do NOT want to accept this, for you are an
old dog that does not want to accept new tricks.
More BS comes from dogmatic thinkers than anything else. No flexibility to
accept the possibility that something better than ones own exists. Wake up
and smell the square root man. It does.
In the recent addition of Technical Analysis of Stocks and Commodities, I am
reading this interview they had with this trader who manages accounts. He is
explaining why he is successful with his trading, what he uses, etc. Right
there he states that he will use "Gann Techniques" to help with his
decisions. Isn't that heresy to you Techno-heads? Blasphemy to be mentioned
in your TASC bible.
But the facts are, those in the 'know' are aware of the power of Gann
Techniques, and I use Gann Techniques in some form or fashion as well for
stop-loss adjusting.
And how can you deny the incredible forecasting power of those CEPPRO
examples? It blows Timmy's whinning about 'blanketing' to pieces. The dates
forecasted the more predominate of those turns on the charts. My clients
have an edge that many if not most do not. All you need do is to use some
common sense on how to exploit them. And that is what we do.
Your indicators lag too much Jack. While you wait for some more affirmations
before deciding to short, I'm extracting profits from short-term moves.
While you worry about the trend being up overall, I'm noting that the trend
is CORRECTING for at least two weeks, long enough to justify risking 70
points.
That is MY VIEWS Jack. I see things differently than you and a lot of others
here. But I can tell you this. The majority of traders are LOSERS Jack. A
small minority are WINNERS, and I can assure you that it is due to SEEING
THINGS DIFFERENTLY. Let that sink in. Would be nice to see you actually make
sense someday.
CEPPRO EXAMPLES: http://fdates.com/ceppro
--
Rick J. Ratchford
ProfitMax Trading, Inc.
http://profitmaxtrading.com
==============================
TRADING E-BOOKS - http://fdates.com/ebooks
CURRENT TRADING BOOK DEALS - http://fdates.com/book_offer.htm
"Jack Hershey" <jhers...@cox.net> wrote in message
news:5jd29.52723$Fq6.4...@news2.west.cox.net...
ProfitMax
Longs in August Cattle ended when price moved below 7/18 low.
Shorts began at 6800 to 6840 for October.
No trades were used as 'hedges'. No spreading at all. Long trades ended,
front month changed over, and shorts now being taken.
Strategy works like a charm.
--
Rick J. Ratchford
ProfitMax Trading, Inc.
http://profitmaxtrading.com
==============================
CEPPRO PROGRAM EXAMPLES - http://fdates.com/ceppro
TRADING E-BOOKS - http://fdates.com/ebooks
CURRENT TRADING BOOK DEALS - http://fdates.com/book_offer.htm
"thinktank" <thinktan...@hotmail.com> wrote in message
news:3d497b54$0$5556$91ce...@newsreader02.highway.telekom.at...
ProfitMax
"craig wisper" <c.wi...@att.net> wrote in message
news:BTh29.14515$pg2.1...@bgtnsc05-news.ops.worldnet.att.net...
thinktank
entry / stop loss /exit numbers ... that愀 all you have to do for a few
weeks
hedging by using different front months is silly
*I see a bottom between x and y*, *this was not a trade it was just a call*,
*that wasn愒 a call it was a trade*, *I covered some of my contracts at some
level* ... is BS
why are you so afraid to post a trade with all important details ... do you
really think that you could lose any more reputation and respect when it
goes the wrong way? ... do you think people in here would make even more fun
out of you? ... or is it just because you couldn愒 stand your incapacity in
cold print?
craig wisper
toworrow should be fun
LCQ2 closed for the day on the up trend line
craig wisper
I don't get it either
why not a daily "blow by blow" (Jeff Beck's best album, right?)
cancel replace
you know that trader stuff
is it me
or is it hard to follow
"where's the beef"
let me see if I got it so far
Rick is short from 6800 (LCV2)
with a stop at 6872
today's close is 6710
right?
"thinktank" <thinktan...@hotmail.com> wrote in message
news:3d49b46b$0$20650$91ce...@newsreader02.highway.telekom.at...
Dale Legan
No one would have followed a monthly been top because Ricks system had to
have it confirmed by weekly and daily price action.
"ProfitMax" <gann...@yahoo.com> wrote in message
news:b5c73ab6.02080...@posting.google.com...
Dale Legan
is a 5 minute fractal?
What is your definition of a fractal? I think charts would be helpful.
Secondly, offering specific advice is for subscribers and not the general
public. It just isn't ethical to give what others are paying for away to
prove some point.
"ProfitMax" <emaila...@website.com> wrote in message
news:3d49a...@corp-news.newsgroups.com...
Dale Legan
address. I haven't gotten your trendline method down yet. But, I really
like it. Seems to work well with what I;m using.
Dale
"craig wisper" <c.wi...@att.net> wrote in message
news:puj29.14618$pg2.1...@bgtnsc05-news.ops.worldnet.att.net...
Jack Hershey
"Dale Legan" <Dale...@houston.rr.com> wrote in message
news:wyk29.26403$Yd.12...@twister.austin.rr.com...
> I have to agree.
****This is what you agree with:
Ricksays:
"Is there ANYONE who is still reading this newsgroup that has enough common
sense to know what a REAL trade looks like? Simply reading the comments of
Timairity, Jack and a host of oddballs is making this newsgroup look like no
traders are left.
What in the world is Jack talking about here?"
****It is very hard to conduct a commentary on a trade like Rick has taken
on. He thinks everyone who isn't doing a trade on LC02V is not as adroit as
he is. If fact if you watch his comments and the time he makes them it is
clear that he is not practising what he had preached. Rick and you
definitely do not understand what I am saying. So what. Stick with Rick
and what to think he has going. It is not too important for you to
understand my TA comments.
Jack I like you but damn you are verbose.
*****Yes to you I am. Some people here print my posts and annotate and
print the charts as well. It takes them time to do this. When they do they
can either gain an understanding or they can determine that what I do is not
for them. From my point of view, all the threads on live cattle now are
about when to not take on a trade because there is no trend.
> What the hell is a 5 minute fractal?
***** I use jargon. This jargon is used on fractals to establish a lot of
factors. I will define them below and youthem can see how a 5 min fractal
fits in here.
> What is your definition of a fractal?
*****Think for a minute. Think about onion layers and snowflakes and fern
leaves. Here lies a descriptive phenomena that is very elegant in the
world. Artists use it as well. The world of TA uses charts. There is a
connection of the periodicity of charts the the actions of the market. When
you have a raised consciousness you see things going on in the market in a
complex manner. Many differing strategies are used to make money and most,
in the final analysis depend on the timing of the trader to be in sync with
the market. There are seven periodicities that I use to consider the
various aspects of the operation of the market. Rick uses two primarily.
He may use charts that are weekly and daily oriented. He shows these a lot.
I use seven. My charts are quarterly, monthly, weekly, daily, 30 min, 5 min
and 1 min. Ocassionally I do slip into a mode that is the 15 min. each of
these periodicities behaves mathematically in the same way. Like the
largest to the smallest concentric rings of an onion, the various levels of
the crystals of a snowflake and the way the fern leave is composed of its
various sized parts. In mathematics there is a maths related to these
things. The name of the math is fractals. Because I am into knowledge and
thoroughness, my alma mater's motto, I use these seven levels and refer to
them with a term that means something to people who have somebackground in
this area. you think I am verbose but I think I am thorough and I always
try to deepen and broaden the thinking of people.
****How I use the individual charts and how I use them in pairs is a rich
deep and elegant algorithm in itself.
****If you asked me to help you I would. what I would do is go to where you
are and bring you to my views no matter how many steps were required. You
are stuck. And that is fine. Where you are stuck is not too swift a place
for a trained mathematician.
> I think charts would be helpful.
***All of my verbose descriptions under "My views" were chart descriptions.
You are asking for charts to be given to you. If you have an email of fax
number, any numbr of people will send you some. My recommendation is to go
to work and make the charts from my description. Or better still begin to
monitor the market with charts. Since you do not at this point, it must be
very very difficult to see what is going on. Once you begin to get involved
in TA you will automatically have a chart before you to understand what is
written here. You comment frequently about two kinds of charts now Rick's
and one other persons. Each of those people give you charts. Rick used
weekly and daily charts to get into this mess. I made TA charts with the
carrier and the trading periodicities rick thinks is best to use. Today he
went to a faster fractal to scale out partially.. Look at the values he used
to see this during the day. Furthermore Rick has now switched from exiting
on protective tops. Actually he has forgotten to move protective stops and
he is no longer operating on the daily fractal which just shows a long daily
channel and five days of congestion leading to a BO on Monday. I know you
can't ee any of this because you don't do charts as yet. Rick is using
intraday now as well as daily and weekly. You agree with him so start using
charts.
****At some point begin to do charts using the conventions that abound. You
will dicover many indicators that are used with charts as well. In my "my
views" post I ask that two indicators be added to the fractals (weekly and
daily, that Rick was using). the indicators were volume and MACD. Volume
ranks equally with price in TA analysis because of the underlying basis of
all TA, the P, V relationship.
>
> Secondly, offering specific advice is for subscribers and not the general
> public. It just isn't ethical to give what others are paying for away to
> prove some point.
Well don't do that then be parsimonious with your gifts. Rick didn't think
he did but he did in many ways. I come from a different world than your and
Rick's world. I am glad so many people I know make contributions to things
in their community that need fixing. If I just did what one person could
do, then that is all that I could get done. If I enable others, then the
amount done only depends upon how all that we enable can pass on to others
so everyone is empowered. What is it like for a psychologist to be able to
contribute a day a week to a Fransiscan monastery's attendees all just
because of her financial freedom.
You are oriented to something that is not what I would call healthy. I am
very glad I am not in your place. People who think like you do may get into
an orientation where they do things make others dependant upon them instead
of enabling others.
You sent this to me? Why? So I could keep it a secret?
"Jack,
I find your comments interesting but a little verbous usually.
I don't trade the S&P but am getting tempted. What exactly are the
techniques you use?
Thanks
Dale
Jack Hershey
formations on price.
The congestion is going to end on decreasing volume. Have a volume chart
there with price.
The new trend will begin with increased volume. We refrain from trading on
a prediction and substitute market tools that will take us into the correct
trade.
There is either going to be a BO on strong volume or a failure to BO on weak
volume.
We set up a bracket outside the failure to BO range above and below the
centering of the congestion after some convergence occurs. The bracket will
take you in on the first BO if the volume is strong. If the volume stinks
and the BO fails you are not in. But look for a butterfly at this point
where a couple of more and more amplified swings take you in (this is an
underdamped trend beginning--double this or double that). there will have to
be sufficient volume to make this happen.
The upside target is the left side of the current daily long trend and the
down side target is the support level found on the double bottom that formed
this long daily trend for use. One of the factors with these LC guys is the
rollover every couple of months. August is still there but watch and see,
as Rick said, something is up as the end comes. October has an end too.
If live cattle doesn't get past the failure to break out levels there is no
trade. Your bracket keeps you out in this case.
Rick is completing a demo for us of using a daily long trend channel to
trade congestion within this channel as the price moves laterally across the
daily long trend to the right trend line. No body would be taking this on
if any other market commodity were in a trend of any sort. The signal he
got for whatever rapidly follow with another signal that took him into a
short trade is simply a result of what he does. The CEPPro now shows us he
gets the same signals for gaps as he gets for tops and bottoms plus or minus
whatever. This trade is a fine example of how he gets signals for lateral
movements in a no trend situation. At some point it has to turn out for
Rick that within a certain short period where opposing signals pop up, that
he has to conclude he is getting a congestion signal. The congestion or
lateral trend is the third kind of trend. To date Rick has never forecasted
a lateral trend until now but he did not recognize it even though it is on
the daily chart within the current daily long trend for live cattle.
"craig wisper" <c.wi...@att.net> wrote in message
news:BTh29.14515$pg2.1...@bgtnsc05-news.ops.worldnet.att.net...
> so I should buy LCV2 @6735 stop?
No don't.
>
>
>
Jack Hershey
get a daily chart with the trends so far within the weekly envelope
you will see four of then and the double bottom and the current daily long
trend whose trendline is about to be broken. If you can ask for a five
minute chart every day or so as well that is the trading fractal for live
cattle trading signals.
"Dale Legan" <Dale...@houston.rr.com> wrote in message
news:kAk29.26411$Yd.12...@twister.austin.rr.com...
ProfitMax
Short since 7/29 from 6800 (+). Posted partial liquidation below 67.00 this
morning.
Very simple. It is not my fault if keeping up is difficult. You have to read
through all the garbage thicktank is spewing out about hedges and so-forth.
--
Rick J. Ratchford
ProfitMax Trading, Inc.
http://profitmaxtrading.com
==============================
CEPPRO PROGRAM EXAMPLES - http://fdates.com/ceppro
TRADING E-BOOKS - http://fdates.com/ebooks
CURRENT TRADING BOOK DEALS - http://fdates.com/book_offer.htm
"craig wisper" <c.wi...@att.net> wrote in message
news:RGj29.14633$pg2.1...@bgtnsc05-news.ops.worldnet.att.net...
Timairity
>Pretty good dufus membrane. Soybeans monthly top is still intact, and the
>cattle rally occurred just like I said it would. Anything else? Gee
>willerkers nitwit breath, called it all while you still waiting for Dow to
>hit, what was it again, 15000?
Hey dimwit. Havn't you figured out yet that google tracks these sort of
things. FGind a Dow 15000 call by me. That's a bigger lie than those Cipro
charts you put up.
The cattle rally occurred just like you said it would. Uh huh. Today's action
might have disapppointed a few of the longs, who might view your words
differently - they may not know you lie with such regularity.
>
>Oh, and the sells all worked too. Oh me gosh, mush for brains. Guess you
>must of just gotten out of Cryo-freeze, eh? That's okay, I'll give you some
>slack. NOT!
>
>===========
>
>Whew. Trying to communicate in 'Timairity-speak' really is taxing on the
>logic module. I must try not to do that too often.
>
Not ot mention your innate ethics.
Tim
cas
Posted via ProphetTalk
Home of Intelligent Investor Discussion
http://www.prophetfinance.com/community/prophettalk.asp
Jack Hershey
"cas" <y...@thisisnotreal.net> wrote in message
news:prophetG...@ptalk.prophetfinance.com...
> Hey Jack Hershey, I'm just curious about some recent trades that you've
done.
Go to:
http://groups.msn.com/ShortTermStockTrading/_messageboard.msnw?pgmarket=en-u
s
Look for dates you want to review. Under the dates is an edited version of
6 1/2 hours of real time narratives in Q and A format. Also under pictures
or documents you can find logs being used, sample completed logs and TA
charts as well. There is a glossary that will help you with the jargon. If
you want to Google Rick's trades where I ran along side him do that. After
you get those threads, then you can go to the futures pictures I run and get
completely annotated charts. Rick sometimes posts spurious comments on the
trading so you have to be careful. My money velocity is four times his on
one of the trades you can review.
> How's that TA stuff work out for you?
7 out of 8 trades are successful. For equities the duration is on average 6
to 8 days. I target being in the market 50% of the time as a starting
point. The average trade is 10%. Over three years I shoot for 50 trades.
My primary goal is transference of what I do. A result by someone for 6
months is 11.1% average and a trade duration of 6.6 days average. The next
improvement for that person is a 20% increase in performance. He trades 2
1/2 hours a day and went through a 6 months transition of being on leave of
absence to resigning.
To view a recent start up P/L for a month go to the site and see 30 days of
trading simultaneously on EOD and intraday data so you can see the differing
result. because this was a group effort and with people new to it, the
performance was about twice that mentioned above. This is because people
are super conscientious and they wanted to be in the market all the time to
shorten the transition process.
You will see what and where I trade in commodities at the site above
mentioned. It is a high money velocity effort so it is focused on index
futures. Lately the group interest is on the S&P e mini. The trading
fractal is 5 min so several trades are done daily and the average target is
35% of margin. Because of the nature of the market these days 35% is way
out of line and a multiple of 35% is more appropriate as a daily target.
I also deal with interday and intraday commercial/producer type commodities.
The money velocity is often similar to equities leveraged by the margin
coefficient you would use.
I try to use you site. About ten times. The loop you created for me to get
trapped in is: change your name it is in use (my name was jack hershey);
wait for an email; use this url to begin; change your name it is in use; ad
nauseum........ any name I put in died and returned me to my real name
which is in use at your site (not by me obviously).
I tried to use the home page a little to bring up glossary..no luck
and I tried to bring up MACD.
I tried to use the snapcharts and found they were daily and weekly, the Rick
trap once again.
I hope I answered your questions. Would you please tell me about your
results? And do you have ant transference data on how well people use what
you proffer.
Jack Hershey
using partial fills on 500 share blocks. The extreme min and max fills were
18.719 (1000 shares) to 18.749 (500 shares). I wanted to fool around on
your web site but I couldn't make it in.
I sold this money stream in ISIL on the 30th in the mid 22's having bought
it at about the same price on the 25th or 26th. It is turning about 10 to 12
% every three days. I am sloppy with capital I do not eek with it so I use
the contemporary T&S block level to get partial fills.. My money velocity
on this is in the range of 500 to 1,000 and hour for this stream of capital.
All my streams are competitive with each other.
"Jack Hershey" <jhers...@cox.net> wrote in message
news:NUw29.55781$Fq6.4...@news2.west.cox.net...
cas
Jerome V. Braun
Here's a direct link to the most recent P&L for equity trading
compiled May and June:
<http://groups.msn.com/ShortTermStockTrading/Documents/P%26L%20new.xls>
You'll have to adjust it for the current prices of INVN, KMX, and
MDCI, which are evidently still open positions. It's quite possible
that Jack exited the positions at some point unknown to us.
The previous P&L is difficult to draw conclusions from as the trades
in it were rather ad hoc.
As part of the group mentioned, I'd have to say that while it was
educational in many ways, we in no way achieved the performance goals
cited, neither in equities nor in index futures.
Thanks!
--
Jerome
craig wisper
sell stop @6680
are you going to sell more on a stop @6690 or @6680?
"craig wisper" <c.wi...@att.net> wrote in message
news:BTh29.14515$pg2.1...@bgtnsc05-news.ops.worldnet.att.net...
ProfitMax
Rick
"craig wisper" <c.wi...@att.net> wrote in message
news:gPD29.16112$pg2.1...@bgtnsc05-news.ops.worldnet.att.net...
bb
bb
"ProfitMax" <emaila...@website.com> wrote in message
news:3d49a...@corp-news.newsgroups.com...
thinktank
I can remember that someone suggested a while ago that you learn more about
tracers ... obviously you didn´t ... btw how does is come that "Cyril" has
the same writing style like some of your "clients"?
40 : 00 for the group
"Power Trading" <emaila...@website.com> wrote:
> From one programmer to another, thank you for coming forth and posting
this.
> You hit the nail on the head. It all comes down to logic, and for some
logic
> escapes them.
>
> Thanks again.
>
> Rick J. Ratchford
> "Cyril Tobiasson" <cyrilto...@charter.net> alias Rick Ratchford wrote:
> > I read this newgroup once in a while. I don't trade.
> > I did once for a while. I lost.
> > I can always count on Rick Ratchford to write
> > something that makes sense.
> > Logically, those that pick on you Rick, don't make
> > much sense.
thinktank
craig wisper
it must have been early on in your life
It is not a winning attitude for trading
what market do you follow Mr. Think Tank?
"thinktank" <thinktan...@yahoo.com> wrote in message
news:3d548af0$0$18070$91ce...@newsreader02.highway.telekom.at...
thinktank
about his trading, to you it´s not ... fine with me
but to compare the obvious with "the malevolent universe theory of
existence" is funny ;-)
when you post something about a market I trade I´ll let you know
"craig wisper" <c.wi...@att.net> wrote:
> when did you buy the malevolent universe theory of existence?
> it must have been early on in your life
>
> It is not a winning attitude for trading
>
> what market do you follow Mr. Think Tank?
> "thinktank" <thinktan...@yahoo.com> wrote
craig wisper
whether he paper trades or really trades is not my focus or concern
he is at least a vendor, that we can see
I'm here to learn and exchange ideas and strategies
"thinktank" <thinktan...@yahoo.com> wrote in message
news:3d550c65$0$18070$91ce...@newsreader02.highway.telekom.at...
> to me it´s obvious that Rick again tried to play games with faked candicles
candicles?
> about his trading, to you it´s not ... fine with me
>
> but to compare the obvious with "the malevolent universe theory of
> existence" is funny ;-)
>
> when you post something about a market I trade I´ll let you know
NQ?
Cyril Tobiasson
intertainment! Tell me do you go at all things you don't understand in this
manner? Make up something to explain what does not agree with you. No, I
am a real person out here and that is my name which is more then I can say
about you. And that is a real address you see here. Feel free to used it
and send me an a .... well your may not be man enough!
Well anyway it's been fun. Again, thanks for the entertainment!
"thinktank" <thinktan...@yahoo.com> wrote in message
news:3d548af0$0$18070$91ce...@newsreader02.highway.telekom.at...
Jim Cochrane
this result:
http://groups.google.com/groups?q=cyriltobiasson&hl=en&lr=&ie=UTF-8&oe=UTF-8&filter=0
The only newsgroup posts in which the string "cyriltobiasson" shows up, as
far as google knows about, are for this thread.
In article <ulav9bn...@corp.supernews.com>,
--
Jim Cochrane
j...@dimensional.com
[When responding by email, include the term non-spam in the subject line to
get through my spam filter.]
Power Trading
beginner questions on trading and writing your 'expert' opinion about
trading methods, I bet you are also a real expert on the internet. Right.
For some real detective work, take Cyril's email address and you can
assertain where it originates. Charter.net does not provide DSL service to
my area, which is what service he is using.
I could go much deeper than this, but I do not wish to waste time on this
moronic topic and it would probably go over your head anyway.
Go invest in a copy of VisualRoute. It is inexpensive, and you get to play
Internet Detective to your hearts desire.
Regards
Rick
"Jim Cochrane" <j...@dimensional.com> wrote in message
news:aj40cn$s...@flatland.dimensional.com...
Jim Cochrane
Power Trading <emaila...@website.com> wrote:
>You would find something as frivilous as this interesting. Between asking
>beginner questions on trading and writing your 'expert' opinion about
>trading methods, I bet you are also a real expert on the internet. Right.
I have never claimed to be an expert here, either on trading or the
internet. You are good at finding ways of putting people down based on
falsehoods.
You are also good at posting useless drivel and making it look to some like
it has value. Someday, perhaps, you will learn to grow up.
Most likely you reply with your typical childish insults. You will be
wasting your time and energy when you do this, since I do not consider it
worthwhile to get into an insult-hurling contest with you.
You spend a lot of time posting to this group trying to show people what a
master you are. Not many, perhaps none, are buying it. Think of how
you're spending your time. Soon your life will be over, as it will for all
of us. At the end of your life, when you have a chance to review how you
have spent your time and energy, will you be satisfied or full of regret
and resentment?
bb
If trading is about logic, than why did'nt you make profits?
As for predictions, random numbers are just as good, why don't you follow
those posts?
bb
www.geocities.com/bbg20022000
"Cyril Tobiasson" <cyrilto...@charter.net> wrote in message
news:ul8hcqc...@corp.supernews.com...
> I read this newgroup once in a while. I don't trade. I did once for a
> while. I lost. What Rick has posted makes perfect sense to me though. He
> called them before it happened on the Live Cattle. I followed that. What
I
> can't follow now is those others who don't seem to get it. Do they
actually
> trade successfully?
>
> Now I'm a computer programmer for 20 years now. I'm no stranger to logic.
> I make computer code in case your wondering what a computer programmer is.
> It requires logical thinking. I can always count on Rick Ratchford to
write
> something that makes sense. Logically, those that pick on you Rick, don't
> make much sense. They put things into your posts that aren't there. I
can
> understand it though. In my work I deal with this kind thinking all the
> time.
>
> "ProfitMax" <emaila...@website.com> wrote in message
> news:3d4a1573$1...@corp-news.newsgroups.com...
Jack Hershey
I sent an email to Cyril's address with a one word title: "Test".
I was expecting one of a variety of possible responses. Like maybe a
postman telling me I screwed up.
The some of the other possibilities that I thought of were ones that would
tell me about Cyril.
The ones I thought of that were the neatest would tell me about how he
thought I related to Rick because of my uniqueness in the posting of stuff.
I was the one who originated the "my views" topic. And my posted trade where
Rick had gone short half way through a long traverse that I did all of that
long traverse, could have drawn a comment from a conscious person.
What I got back was a response that I didn't think possible. The response I
got back from a 20 year programmer and a person who had traded and lost and
quit, was very very unusual.
The two posts, Cyril's and Rick's compliments to him, were very close in
time on my list of shortest possible times for posts that originate from
separate places.
It will be fun to watch the Cyril/Rick frack and frick play out here. We
now have two pairs and since Rick has now shifted the focus to you, there is
a chance that Cyril will do to you what he did to thinktank.
I did not post sooner because of the nature of the opportunity that
thinktank introduced to draw a response from Cyril. It, of course was
directed to Rick but Cyril answered it and Rick failed too. Rick's failure
to respond is more amazing to me than Cyril's "Rick-type" response. We are
getting a terrific resonance here.
With it being Sunday and all I am hoping for an additional dimension. It is
kind of miraculous in itself that Cyril was called upon by the forces that
be to make his first post ever. It is almost like he was born yesterday or
something. His being a programmer like Rick says he was is something so
nice too.
Regards,
Jack.
"Jim Cochrane" <j...@dimensional.com> wrote in message
news:aj40cn$s...@flatland.dimensional.com...
Power Trading
criticize me whenever you had the whim. An amateur as yourself criticizing
others about their trading methods. And now you cry about 'putting people
down'. Do I see 'hypocrite' written across your forehead? You bet.
Anyway, you aren't worth anymore of my time today. Just thought I'd bring
out your obvious two-stepping. What a character you are.
Rick
"Jim Cochrane" <j...@dimensional.com> wrote in message
news:aj4fni$3...@flatland.dimensional.com...
Cyril Tobiasson
test my address. Maybe you can trade too! Your not very good with poeple
though. I'm reading in this group "get a book" quit often. I have one for
you. "How to Win Friends and Influence People" It is an old one but it
still applies. A well known book. Have you heard of it? And can an old
dog be taught new tricks?
"Jack Hershey" <jhers...@cox.net> wrote in message
news:8gy59.14374$eb.14...@news2.west.cox.net...
craig wisper
"Cyril Tobiasson" <cyrilto...@charter.net> wrote in message
news:ule8ro...@corp.supernews.com...
Power Trading
Also took his 14-week course in Rancho Cucamonga back in 1989 and graduated
with their highest honors of achievement.
And it only took 1 week on this newsgroup back in 1996 to throw it all out
the window. :)
Rick
"Cyril Tobiasson" <cyrilto...@charter.net> wrote in message
news:ule8ro...@corp.supernews.com...
Jack Hershey
Have you heard of it? My answer yes, and I have read it.
And can an old dog be taught new tricks? This I do not know about.
"Cyril Tobiasson" <cyrilto...@charter.net> wrote in message
news:ule8ro...@corp.supernews.com...
thinktank
should we think Cyril is another stepbrother your mom or dad didn´t tell you
about? ... LOL
"Power Trading" <emaila...@website.com>
> You would find something as frivilous as this interesting. Between asking
> beginner questions on trading and writing your 'expert' opinion about
> trading methods, I bet you are also a real expert on the internet. Right.
>
> For some real detective work, take Cyril's email address and you can
> assertain where it originates. Charter.net does not provide DSL service to
> my area, which is what service he is using.
>
> I could go much deeper than this, but I do not wish to waste time on this
> moronic topic and it would probably go over your head anyway.
>
> Go invest in a copy of VisualRoute. It is inexpensive, and you get to play
> Internet Detective to your hearts desire.
>
> Regards
>
> Rick
> "Jim Cochrane" <j...@dimensional.com> wrote in message
thinktank
same "faked emails game" a few times in the past and got burned each time
... kind of learn resistence and another part of his personality which must
be very inspiring confidence to his "clients"
"Jim Cochrane" <j...@dimensional.com>
> Interesting - I just did a search at google groups for cyriltobiasson with
> this result:
>
>
http://groups.google.com/groups?q=cyriltobiasson&hl=en&lr=&ie=UTF-8&oe=UTF-8
&filter=0
>
> The only newsgroup posts in which the string "cyriltobiasson" shows up, as
> far as google knows about, are for this thread.
thinktank
style and faked typos changes anything? It´s too obvious and you are making
a fool out of yourself ... again and again ;-)
"Cyril Tobiasson" <cyrilto...@charter.net>
> thinktank, that's real good. Not often in life do I find such
> intertainment! Tell me do you go at all things you don't understand in
this
> manner? Make up something to explain what does not agree with you. No, I
> am a real person out here and that is my name which is more then I can say
> about you. And that is a real address you see here. Feel free to used it
> and send me an a .... well your may not be man enough!
>
> Well anyway it's been fun. Again, thanks for the entertainment!
> "thinktank" <thinktan...@yahoo.com> wrote
thinktank
forum before and shows up like "phoenix out of the ashes" just to backup
Rick, someone he never talked to before ... let愀 see how Cyril or Rick
tries to correct this mishap
"Jack Hershey" <jhers...@cox.net> schrieb
> Hi Jim,
>
> What I got back was a response that I didn't think possible. The response
I
> got back from a 20 year programmer and a person who had traded and lost
and
> quit, was very very unusual.
>
> With it being Sunday and all I am hoping for an additional dimension. It
is
> kind of miraculous in itself that Cyril was called upon by the forces that
> be to make his first post ever. It is almost like he was born yesterday
or
> something. His being a programmer like Rick says he was is something so
> nice too.
>
> Regards,
>
> Jack.
> "Jim Cochrane" <j...@dimensional.com> wrote
> > >> tracers ... obviously you didn愒 ... btw how does is come that
thinktank
it愀 fine if YOU don愒 care if Rick trades or not, if he is profitable or
not, but he is misleading his "clients" and is dangerous for newcomers ...
doesn愒 matter what you think or believe it愀 just a fact
"craig wisper" <c.wi...@att.net>
> I know how Rick trades (his style)
> whether he paper trades or really trades is not my focus or concern
> he is at least a vendor, that we can see
> I'm here to learn and exchange ideas and strategies
>
>
>
> "thinktank" <thinktan...@yahoo.com> wrote
> > to me it愀 obvious that Rick again tried to play games with faked
candicles
>
> candicles?
>
> > about his trading, to you it愀 not ... fine with me
> >
> > but to compare the obvious with "the malevolent universe theory of
> > existence" is funny ;-)
>
>
> >
> > when you post something about a market I trade I惻l let you know
>
> NQ?
>
> >
> >
> > "craig wisper" <c.wi...@att.net> wrote:
> > > when did you buy the malevolent universe theory of existence?
> > > it must have been early on in your life
> > >
> > > It is not a winning attitude for trading
> > >
> > > what market do you follow Mr. Think Tank?
> >
> >
> >
> > > "thinktank" <thinktan...@yahoo.com> wrote
> > > > LOL - Rick, are you sending messages to yourself again ? ;-)
> > > >
> > > > I can remember that someone suggested a while ago that you learn
more
> > about
> > > > tracers ... obviously you didn愒 ... btw how does is come that
thinktank
you not only know it, no no you even took the authors 14-week course ...
your are incredible, period!
"Power Trading" <emaila...@website.com>
> Dale Carnegie. Excellent material.
> Also took his 14-week course in Rancho Cucamonga back in 1989 and
graduated
> with their highest honors of achievement.
>
> And it only took 1 week on this newsgroup back in 1996 to throw it all out
> the window. :)
>
> Rick
> "Cyril Tobiasson" <cyrilto...@charter.net>
> > Jack, your usually long winded. This one was short. You had the brains
> to
> > test my address. Maybe you can trade too! Your not very good with
poeple
> > though. I'm reading in this group "get a book" quit often. I have one
> for
> > you. "How to Win Friends and Influence People" It is an old one but it
> > still applies. A well known book. Have you heard of it? And can an
old
> > dog be taught new tricks?
> > "Jack Hershey" <jhers...@cox.net> wrote
thinktank
understand"
"craig wisper" <c.wi...@att.net>
> Welcome to Jacklogic
> "Cyril Tobiasson" <cyrilto...@charter.net> wrote
> > Jack, your usually long winded. This one was short. You had the brains
to
> > test my address. Maybe you can trade too! Your not very good with
poeple
> > though. I'm reading in this group "get a book" quit often. I have one
for
> > you. "How to Win Friends and Influence People" It is an old one but it
> > still applies. A well known book. Have you heard of it? And can an
old
> > dog be taught new tricks?
> > "Jack Hershey" <jhers...@cox.net> wrote
craig wisper
> Rick is "a vendor that we can see" ???
>
> it愀 fine if YOU don愒 care if Rick trades or not, if he is profitable or
> not, but he is misleading his "clients" and is dangerous for newcomers ...
> doesn愒 matter what you think or believe it愀 just a fact
the poor newcomers
it's good to have you here to save them
craig wisper
> be honest to yourself and just say: "welcome to something I do not
> understand"
>
>
> "craig wisper" <c.wi...@att.net>
> > Welcome to Jacklogic
>
>
>
no I don't understand this statement that Jack made
We might even get to how to eliminate "bridging" in geometry analysis.
please explain
craig wisper
> it愀 hard to imagine that a 20 year programmer never ever used any internet
> forum before and shows up like "phoenix out of the ashes" just to backup
> Rick, someone he never talked to before ... let愀 see how Cyril or Rick
> tries to correct this mishap
your lack of imagination is apparent here
craig wisper
> What a surprise isn´t it :-) The scary thing is that Ratchford played the
> same "faked emails game" a few times in the past and got burned each time
> ... kind of learn resistence and another part of his personality which must
> be very inspiring confidence to his "clients"
>
>
craig wisper
you are so funny
"thinktank" <thinktan...@yahoo.com> wrote in message
news:3d57ac51$0$11652$91ce...@newsreader01.highway.telekom.at...
thinktank
"craig wisper" <c.wi...@att.net>
> your lack of imagination is apparent here
> "thinktank" <thinktan...@yahoo.com>
> > it´s hard to imagine that a 20 year programmer never ever used any
internet
> > forum before and shows up like "phoenix out of the ashes" just to backup
> > Rick, someone he never talked to before ... let´s see how Cyril or Rick
thinktank
"craig wisper" <c.wi...@att.net>
> no I don't understand this statement that Jack made
> We might even get to how to eliminate "bridging" in geometry analysis.
> please explain
> "thinktank" <thinktan...@yahoo.com>
thinktank
you are not looking for a boyfriend, are you?
anyway, since you seem to share the same genealogical tree like Rick it愀
understandable that you have the same troubles with numbers ... took a close
look at the CC02Z numbers already, hmm?
"craig wisper" <c.wi...@att.net>
> how old are you Mr. Tank
> you are so funny
> "thinktank" <thinktan...@yahoo.com>
> > LOL ... Wow Rick, what a coincidence, isn愒 it? Cyril mentions a book
> > > > > > >> tracers ... obviously you didn愒 ... btw how does is come
thinktank
got lost
"craig wisper" <c.wi...@att.net>
> the poor newcomers
> it's good to have you here to save them
> "thinktank" <thinktan...@yahoo.com>
> > Rick is "a vendor that we can see" ???
> >
> > it´s fine if YOU don´t care if Rick trades or not, if he is profitable
or
> > not, but he is misleading his "clients" and is dangerous for newcomers
...
> > doesn´t matter what you think or believe it´s just a fact
> > "craig wisper" <c.wi...@att.net>
> > > I know how Rick trades (his style)
> > > whether he paper trades or really trades is not my focus or concern
> > > he is at least a vendor, that we can see
> > > I'm here to learn and exchange ideas and strategies
> > >
> > >
> > >
> > > "thinktank" <thinktan...@yahoo.com> wrote
> > > > to me it´s obvious that Rick again tried to play games with faked
> > candicles
> > >
> > > candicles?
> > >
> > > > about his trading, to you it´s not ... fine with me
> > > >
> > > > but to compare the obvious with "the malevolent universe theory of
> > > > existence" is funny ;-)
> > >
> > >
> > > >
> > > > when you post something about a market I trade I´ll let you know
> > >
> > > NQ?
> > >
> > > >
> > > >
> > > > "craig wisper" <c.wi...@att.net> wrote:
> > > > > when did you buy the malevolent universe theory of existence?
> > > > > it must have been early on in your life
> > > > >
> > > > > It is not a winning attitude for trading
> > > > >
> > > > > what market do you follow Mr. Think Tank?
> > > >
> > > >
> > > >
> > > > > "thinktank" <thinktan...@yahoo.com> wrote
> > > > > > LOL - Rick, are you sending messages to yourself again ? ;-)
> > > > > >
> > > > > > I can remember that someone suggested a while ago that you learn
> > more
> > > > about
> > > > > > tracers ... obviously you didn´t ... btw how does is come that
Jim Cochrane
another one. Especially, the phrases amateur, hypocrite, and criticizing
others fit you very well. This may be a good practice for you: when you
post, pay attention to what you are writing and notice how much of it
actually applies to you.
And you post a lot. Perhaps some day you'll realize that there are ways to
spend your time that are more useful and beneficial to you.
In article <3d56c941$1...@corp-news.newsgroups.com>,
craig wisper
> so why didn´t you ask Jack this question?
I did
but no reply at all
that is the way Jack works
Power Trading
Each day I read on this newsgroup the opinions of some who have admitted a
very limited amount of trading experience or none at all, such as you have
admitted. These opinions usually comes in the form of insults, and that
includes some of your posts.
I did not one day decide to throw mud on Jim Cochrane, as if that name meant
anything to me. But Jim Cochrane, inexperienced and all, felt the need to
toss insults, critical of subjects he is far from ever scratching the
surface of.
This is why I clearly stated that you are a hypocrite. Do not think for a
moment that you can lobe your insults around and then cry foul when
insulted. It is just coming back to you, that which you felt the need to
launch earlier.
Regards,
Rick
"Jim Cochrane" <j...@dimensional.com> wrote in message
news:aj914k$f...@flatland.dimensional.com...
craig wisper
> hmm ... why do you ask?
> you are not looking for a boyfriend, are you?
you are young
>
> anyway, since you seem to share the same genealogical tree like Rick it愀
> understandable that you have the same troubles with numbers ... took a close
> look at the CC02Z numbers already, hmm?
>
I see the price discrepancy you speak of
I used DTN for my prices
craig wisper
> that´s probably the reason I do not forecast and stick to what I can see ;-)
>
if so, then are you forecasting?
craig wisper
"craig wisper" <c.wi...@att.net> wrote in message
news:dFP59.8651$Ke2.7...@bgtnsc04-news.ops.worldnet.att.net...
who is faking who
thinktank
"craig wisper" <c.wi...@att.net>
> do you have a price target before you enter the trade?
> if so, then are you forecasting?
> "thinktank" <thinktan...@yahoo.com>
> > that´s probably the reason I do not forecast and stick to what I can see
;-)
thinktank
>
> "thinktank" <thinktan...@yahoo.com>
> > hmm ... why do you ask?
> > you are not looking for a boyfriend, are you?
>
> you are young
why did you ask? ... what´s young in your opinion? ... assuming I am young
compared to you, what does it tell you?
> > anyway, since you seem to share the same genealogical tree like Rick
it´s
> > understandable that you have the same troubles with numbers ... took a
close
> > look at the CC02Z numbers already, hmm?
> I see the price discrepancy you speak of
> I used DTN for my prices
oh, you see a price discrepancy, great! ... okay, you use DTN, should this
be an excuse or what?
you called me a beginner, full of fear, young or whatever, you said I have
no imagination and that I am funny ... you are nitpicking the way I try to
communicate with you ... for a week or so I am playing games with you, my
games and you have been enacted ... well, we know you´ll never admit and
try to deny but that´s what happened ... you are, or have been a Ratchford
student and now you are giving a perfect example what can happen when
listening to a fool ... is it because I am smarter than you? ... because I
am more experienced? ... or younger? ... no, I don´t think so ... I am just
doing my homework ... I am not talking about learning, I do the Nike thing
... "Just Do It" ... I really enjoyed our little conversation but you are
stuck and I have to learn and improve ... Jack wrote so many valuable things
hidden between the lines ("20 years of experience", "getting gold stars" and
"denial vs. recognizing mistakes") but instead of asking questions I played
games with you ... shame on me
thinktank
it?
"craig wisper" <c.wi...@att.net>
> I did
> but no reply at all
> that is the way Jack works>
> "thinktank" <thinktan...@yahoo.com>
> > so why didn´t you ask Jack this question?
thinktank
"craig wisper" <c.wi...@att.net>
> BarkingSpider is Jack
> who is faking who
> > "craig wisper" <c.wi...@att.net> wrote in message
> > news:dFP59.8651$Ke2.7...@bgtnsc04-news.ops.worldnet.att.net...
> > who is Barking Spider
craig wisper
> if you did I missed the question ... can you post a link where I can find
> it?
>
>
"Jack Hershey" <jhers...@cox.net> wrote in message
news:WYQ49.10012$eb.8...@news2.west.cox.net...
>
> Maybe even Blankenship could go beyond fun poking dolts.
don't get your hopes up
>
> We might even get to how to eliminate "bridging" in geometry analysis.
bridging? in geometry?
what are you typing about here?
more ill-defined concepts to chew on? Yum.....................................
craig wisper
> "craig wisper" <c.wi...@att.net>
> >
> > "thinktank" <thinktan...@yahoo.com>
> > > hmm ... why do you ask?
> > > you are not looking for a boyfriend, are you?
> >
> > you are young
>
> why did you ask? ... what´s young in your opinion? ... assuming I am young
> compared to you, what does it tell you?
>
I'm 44, I'm less immature than I was at 34
>
> > > anyway, since you seem to share the same genealogical tree like Rick
> it´s
> > > understandable that you have the same troubles with numbers ... took a
> close
> > > look at the CC02Z numbers already, hmm?
>
> > I see the price discrepancy you speak of
> > I used DTN for my prices
>
> oh, you see a price discrepancy, great! ... okay, you use DTN, should this
> be an excuse or what?
no, just the cause for the effect,
I make no excuses
It does not change the concept on entering on a trailing stop
I am only paper trading it like you
>
> you called me a beginner, full of fear, young or whatever, you said I have
> no imagination and that I am funny ... you are nitpicking the way I try to
> communicate with you ... for a week or so I am playing games with you, my
> games and you have been enacted ... well, we know you´ll never admit and
> try to deny but that´s what happened ... you are, or have been a Ratchford
> student and now you are giving a perfect example what can happen when
> listening to a fool ... is it because I am smarter than you? ... because I
> am more experienced? ... or younger? ... no, I don´t think so ... I am just
> doing my homework ... I am not talking about learning, I do the Nike thing
> ... "Just Do It" ... I really enjoyed our little conversation but you are
> stuck and I have to learn and improve ... Jack wrote so many valuable things
> hidden between the lines ("20 years of experience", "getting gold stars" and
> "denial vs. recognizing mistakes") but instead of asking questions I played
> games with you ... shame on me
>
Rick's student?
Does Rick threaten to sue his students?
I'm not one of Rick's students
I respect his right to exist
You never post your trades be they real or paper
you are a critical wind bag
Jack is a mess, Rick is rational
I thought Jack had it together but he is lost
he does state that he is an amateur, so I don't expect too much from him
it was fun chatting with you
I learned many things
take care ~
>
craig wisper
like I know Jack
"thinktank" <thinktan...@yahoo.com> wrote in message
news:3d588355$0$15894$91ce...@newsreader02.highway.telekom.at...
craig wisper
> why should I try to outguess the market?
>
>
I don't think it is possible to outguess it
becuase the market does not guess
it has no mind to guess with
this is where you reveal you relationship with the market
your question tells me how you perceive the market
outguess as in compete
not good
you should make them market your partner
first try guessing
then move toward estimating
then to evaluation
if you enter the market without a target is that good plan?
Jack Hershey
this as well as Rick and Dale and Dave Trends.news:gU%59.10156$Ep6.7...@bgtnsc05-news.ops.worldnet.att.net...
Jack Hershey
fewer columns to allow speed reading and the column width that Craig creates
is a poor one for my limitations in reading. throwback to former job..lol
I use bridging to speak about a problem in money making. As a person learns
to design and use an approach or algorithm for making money they often they
find a limitation in how fast they are making money. Davetrends is caught
in a limitation this way as a neat particular example. This is because of
the time duration of the data they use and because of the delay in using the
data analysis to find out what to focus on. They bridge the opportunities
because the opportunities they find have happened before they find them.
They have a key dead space as a cornerstone of their approach. They need to
change information sources to eliminate this first of all and then they need
to utilize the information as all other people who get it use it. (I
participated in the beta testing for content of their source and I was asked
to design a sort process for cup and handle using the data source that was
used to produce the source they use presently). Looking at davetrends is
deja vu for me.
The key consideration for bridging is this: If you use data durations that
exceed the money making cycle, you miss the money making cycle. How can you
allow this to happen? There are a multitude of ways. The coin for missing
also has two sides. You can miss in two general ways: 1. not letting the
market tell you where to operate and 2. using analysis tools that prevent
you.
Craig is a number 2 in the most severe of ways. He uses past formations
which are extinct (no longer part of the trader complex). All
contemporaneous money making is done in the context of what and how the
present potentially active traders are doing. Active traders do things over
and over. Craig is weighing several actions of the trader group
simultaneously where it is important to only deal with their last action to
get a view of their next potential action.
I know this is verbose and I have caused a lot of people to not read this.
I am okay with that. and they are okay with not learning about what I am
suggesting.
You must use as support and resistance the proper levels for the players.
commercials use one set and the specs use another set all because of the
duration between the consecutive actions commercial is longer by far than
specs.
Craig bridges formations of the specs and gets caught in using commercial
information to trade like a spec. I have joked with him (See funpokers like
Blankenship) to get him to consider viewing his key problem but it is not a
viable action on my part. Luckily he has added all lot of colors so the
lines are much easier to ignore now. To not bridge for Craig may be
difficult because of the algorithm. It basically says to use points that
stick out the most. So he is always combining several formations to get
geometric answers. The money making trades are in between his geometry. To
test money making you use the compound interest formula as an optimization
test. You compare profits and the cycle duration in pairs to see over time
which pairs are the optimum by plotting the "bell curve" of the
possibilities. A Jontsu person here who use gambling failure in his past to
do algorithms on short and day trading here just refined his way up one side
of a portion of the curve and did not get to the peak ever. He posted on
coffee recently using five indicators that were not tuned to each other as
well (See the various durations of the differing indicators) he is a
champion bridger because he does in in several inappropriate durations. He
also shows his approval of one other bridger here. Craig is just one step
away from not bridging, Jontsu is several.
Once you make a bell curve on money making you immediately see where the
greatest amount of money can be made. So then you look at the complex of
indicators there and play. If you are into geometry you use that bar
duration (or candle sticks, bars , lines or P&F to do your thing). You do
not over lap formations. Once a formation is superceded it is history and
no longer serves a purpose. When Craig begins this, he automatically stops
missing money making cycles. In other words he stops bridging across these
cycles by being on the bar duration that shows them and he only draws lines
that work.
Lets ratchet up a level to really nail this down. Oatrader is a great
example (I am one too actually). You can learn first by not bridging
exactly where the action is. Craig will really nail this down. I have seen
people really go for the gold. There is a group in Ft. Collins who does the
Davetrends thing to a "T"; I mean they are on it like no one else doing the
effort. No bridging and using man in the street data and analysis efforts.
And they are advancing to what I am now speaking of what oatrader
exemplifies. He smoothly and I mean finesse here deals with the range of
market operating conditions. The market is not always the same in its
travels. It stalls, crawls, walks and runs along. You see subliminally and
unknowingly the media, even, telling you this. Their predications in topic
sentences, often like a sportscaster, verbalize the pace. (I am allowed some
dry humor here occasionally in my run on copy).
This unsameness is called pace and Craig is not up to pace as yet. But now
that he will find out for various markets what the max money making charts
are, he will see that within the charts there is variation. We are
snowflaking into the crystal here now. Oatrader says he enters on a
specific test combo of bar durations 60 min and 5 min. He is NEVER bridging
unintentionally. BUT he bridges out failure to perform as a risk
minimization strategy. He would never do such a thing as trade a lateral
channel for a week thinking a trend channel had reversed mistakenly. 60 min
bars cover up failure to BO and insufficient volume to sustain BO's. A
minimally tipped short MA assures the minimum vitality to have him go to
where the action is for making money on the 5 min bar. Mind you this is
commodity specific (ES or S&P futures indexes). He knows the pace of the
market for staying out of choppy stuff he doesn't want to play in. But when
he plays he prevents bridging by being on it in the 5 min bar charts. Okay
here he sees position trends (interday) and he also sees fast pace reversals
(intraday) where he doubles down to reverse.
He sees 14 possible exits that he handles robotically. This is what
aphexcoil is tuning up for (robotic trading on a min of indicators and their
respective signals). You can SEE that 14 robotic possible exits is not in
bridging land where others operate. It is a tree of possibilities where no
bridging condition would hide any of them. How do you use geometry to
reveal these? Well systems and algorithms do have their limitations. Craig
and aphexcoil are now past the bridging barrier. And we will see that
demonstrated from now on. Being able to get in the market by not missing
the entry is in hand. How to gain finesse now that potential exits are not
buried anymore is where the action can be centered.
I have not used Rick in any of this to simply illustrate that I am not
obsessed but that I am aware of a lot of folks here whose methods and
progress I track. I am going to ratchet up a little to get to some really
great money making velocity. several people are picking money makers and so
we can dispense with the trite picks that have no or little money velocity.
When you see an approach filled with bridging, you know the perpetrator has
taken over one job the market could be doing for him (choosing the proper
bar duration to make money and not bridge). Next you can examine other
secondary bridging screw ups (Davetrends tardy use of data that abrogates
any data value: Craig's now past bridging of formations and bridging form
one use set of values to his set of trading values ( A two for one cure)).
And you can see how pre setup bridging eliminates risk (Oattrader bridging
failure to BO occurrences). I did not mention curvefitting bridgers; just
think how this (application of a domineering methodology) eliminates money
making by the insistence of convenience of method utterly wiping out money
making.
But the most
"craig wisper" <c.wi...@att.net> wrote in message
news:gU%59.10156$Ep6.7...@bgtnsc05-news.ops.worldnet.att.net...
>
Jack Hershey
being a newbie, you will see that lost opportunities are a very important
thing. If anyone get into any trap at all they are prevented from making
money as time passes.
When you see that Rick can actually trap a person into a money velocity like
the one he has, then you see how bad it can get.
On any successful algorithm there is a factor that deals with what happens
when you get more and more money in a given market. You either do more than
one thing with your money or you modify your trading method for what you do.
Rick tells us that a time he traded full time with a diffrent method he had
to make decisions. Those decisions led to getting a job and trading with a
method he could do in the evening.
Think through how this plays out. He has been perfecting his approach so he
can keep doing it in the evening.
His job now precludes his watching the market like he used to using another
method that applied to full time trading. He can't quit his job and he can
only trade by doing analysis and stuff after hours.
What happens to people who go for his stuff. they can't trade during the
day by monitoring; his method doesn't work for that. He does spend weekends
getting stuff figured out for people he feeds stuff to he tells us. his job
doesn't let him do that before weekends because the week doesn't end during
the week and he does week oriented stuff.
Thinktank and others see this level of limitation that he has created. It
is a trap for making money beyond some level that we see Rick do here. He
doesn't make money here and we know it is because of a lot of reasons.
Assume that he does work at some level. This is a trap just like the level
Bain does is a trap as well.
People who are not in traps comment here usually. Their view, which as yet
you cannot share, because you are not yet getting to a level that will be a
trap. You see Rick as being at a place that you are trying to get to (not
doing it his way but doing it in your way and getting results like his) as
you experiment with stuff that your are gradually becoming conscious of.
One person here uses dart board random numbers to equate Rick's successes.
We who do not operate there are speaking here from the viewpoint that others
can get trapped in mediocrity or equivalent. Others being stuck in a poor
place is our concern.
You post to do what you like. Someday you will be concerned about others
once you are in a different place after you get to be good at trading.
"craig wisper" <c.wi...@att.net> wrote in message
news:rQO59.8615$Ke2.7...@bgtnsc04-news.ops.worldnet.att.net...
Power Trading
discover about yourself applies to others, however.
cheers
Rick
"Jack Hershey" <jhers...@cox.net> wrote in message
news:Jsd69.26845$eb.20...@news2.west.cox.net...
craig wisper
> being a newbie, you will see that lost opportunities are a very important
> thing. If anyone get into any trap at all they are prevented from making
> money as time passes.
define newbie
I started in 1987
>
> When you see that Rick can actually trap a person into a money velocity like
> the one he has, then you see how bad it can get.
The amazing powers of Rick
>
> On any successful algorithm there is a factor that deals with what happens
> when you get more and more money in a given market.
margins? stops?
You either do more than
> one thing with your money or you modify your trading method for what you do.
margins? stops?
>
> Rick tells us that a time he traded full time with a diffrent method he had
> to make decisions. Those decisions led to getting a job and trading with a
> method he could do in the evening.
so what
>
> Think through how this plays out. He has been perfecting his approach so he
> can keep doing it in the evening.
>
ok
> His job now precludes his watching the market like he used to using another
> method that applied to full time trading.
5min charts are not for everyone Jack
He can't quit his job and he can
> only trade by doing analysis and stuff after hours.
ok
>
> What happens to people who go for his stuff. they can't trade during the
> day by monitoring; his method doesn't work for that. He does spend weekends
> getting stuff figured out for people he feeds stuff to he tells us. his job
> doesn't let him do that before weekends because the week doesn't end during
> the week and he does week oriented stuff.
God knows what he does
>
> Thinktank and others see this level of limitation that he has created. It
> is a trap for making money beyond some level that we see Rick do here. He
> doesn't make money here and we know it is because of a lot of reasons.
> Assume that he does work at some level. This is a trap just like the level
> Bain does is a trap as well.
Thinktank? lol
you mean all the losers that attack Rick
join SAINT Jack
why don't you post your trades?
>
> People who are not in traps comment here usually.
ok
Their view, which as yet
> you cannot share,
I can share their fears, but it is not a winning attitude
because you are not yet getting to a level that will be a
> trap.
you mean not be a trap?
try proof reading your post
You see Rick as being at a place that you are trying to get to (not
> doing it his way but doing it in your way and getting results like his)
I did it my way
that's a good thing right?
as
> you experiment with stuff that your are gradually becoming conscious of.
well I have been experimenting for years
go to live365.com look up Fuze
> One person here uses dart board random numbers to equate Rick's successes.
ok, that seems to be working for him
>
> We who do not operate there are speaking here from the viewpoint that others
> can get trapped in mediocrity or equivalent. Others being stuck in a poor
> place is our concern.
thanks for caring so much
>
> You post to do what you like.
ok?
Someday you will be concerned about others
altruism?
not likely Jack
> once you are in a different place after you get to be good at trading.
no one's good enough for Jack
Jack Hershey
the limits a persons normal self discovery and kills the building of wealth
on any normal expected basis. As you see in your introspection, would will
never be faced with making the kind of money that causes you to have to
revise your current methods. The last time you revised your approach it was
to get away from an unsuitable existence.
For sure nothing you do applies to anyone else.
"Power Trading" <emaila...@website.com> wrote in message
news:3d596...@corp-news.newsgroups.com...
Jack Hershey
craig wisper
> barking spider is liz saxby
really where did she go?
Power Trading
trading full-time for a living was not for me. Taking my time to plan my
trades each night has made me a much better trader. So I've done my
self-evaluation and have designed my method towards trading while keeping a
job and not requiring a large amount of initial capital.
Besides, I enjoy my programming and do not desire to lose those skills. So
the best of both worlds brings me happiness.
--
Rick J. Ratchford
ProfitMax Trading, Inc.
http://profitmaxtrading.com
==============================
Cycle Extraction Program - http://fdates.com/ceppro
3 Books for $54 - Your Choice! - http://fdates.com/book_offer.htm
"Jack Hershey" <jhers...@cox.net> wrote in message
news:Pwg69.27393$eb.20...@news2.west.cox.net...
> So kewl. What you have discovered, hopefully no one will do. It is a trap
> the limits a persons normal self discovery and kills the building of
wealth
> on any normal expected basis. As you see in your introspection, would
will
> never be faced with making the kind of money that causes you to have to
> revise your current methods. The last time you revised your approach it
was
> to get away from an unsuitable existence.
>
> For sure nothing you do applies to anyone else.
>
>
> "Power Trading" <emaila...@website.com> wrote in message
> news:3d596...@corp-news.newsgroups.com...
> > Self-evaluation is certainly healthy. Doesn't necessarily mean that what
> you
> > discover about yourself applies to others, however.
> >
> > cheers
> > Rick
> >
> >
> > "Jack Hershey" <jhers...@cox.net> wrote in message
> > news:Jsd69.26845$eb.20...@news2.west.cox.net...
> >
> > > People who are in traps comment here usually.
> > > People who are in traps comment here usually.
> > > People who are in traps comment here usually.
> > > People who are in traps comment here usually.
> > > People who are in traps comment here usually.
> > > People who are in traps comment here usually.
> >
> >
>
>
Robert Blankenship
when I decided that trading full-time for a living was not for me."
TRANSLATION: I tried to make it as a full time trader and couldn't!
Ratchford writes: "Taking my time to plan my trades each night has
made me a much better trader."
TRANSLATION: I have to say SOMETHING to make it seem like giving up my
idea of being a full time trader worked to my benefit.
Ratchford writes: "So I've done my self-evaluation and have designed
my method towards trading while keeping a job and not requiring a
large amount of initial capital."
TRANSLATION: I can't make any money trading, but if I can con enough
people to pay me a regular subscription fee, I might be able to scrape
enough money together to think of a way to pretend that I am still
trading while also pretending to "call" market turns.
Ratchford writes: "Besides, I enjoy my programming and do not desire
to lose those skills."
TRANSLATION: I better not give up my day job!
Ratchford writes: "So the best of both worlds brings me happiness."
TRANSLATION: I hope this FDate thing can at least help me pay my
mortgage!
Jack Hershey
You should learn how to read the posts so you will know this kind of stuff
without asking.
"craig wisper" <c.wi...@att.net> wrote in message
news:OQh69.10534$Ke2.9...@bgtnsc04-news.ops.worldnet.att.net...
Jack Hershey
Jack Hershey
"> define newbie
> I started in 1987
> The amazing powers of Rick
*****0
>
> >
> > On any successful algorithm there is a factor that deals with what
happens
> > when you get more and more money in a given market.
>
> margins? stops?
>
> You either do more than
> > one thing with your money or you modify your trading method for what you
do.
>
> margins? stops?
**** This is new to you. When your algorithm is making money it piles up.
If you play the same way it does not work so well. You can tell in several
ways. I'll discuss that somewhere else where it has a better context. For
you there is no personal context. To make money in a larger context, you
will have to make some changes. Not a problem newbies face.
> so what
> ok
>
> 5min charts are not for everyone Jack
*****This is a money making issue not a personal preference issue. The
market controls some things not the trader. The bridging post that you
didn't respond to is one of the places that someday you may give thought
too. Not in the foreseeable future because of lots of stuff you have to
handle to get out of newbie land, but someday. You do not think quickly nor
adroitly; being locked into superficiality is a drag but it is your main
survival mechanism. It leads you to nowhere very fast.
> ok
>
>
> God knows what he does
>
>
> Thinktank? lol
> you mean all the losers that attack Rick
> join SAINT Jack
******0
>
> why don't you post your trades?
***** I do. You apparently haven't been there yet.
> ok
> I can share their fears, but it is not a winning attitude
****** pure newbie.
>
>
> because you are not yet getting to a level that will be a
> > trap.
>
> you mean not be a trap?
>
> try proof reading your post
*******You are not at a point to be able to gleen stuff. There is a bottom
where everyone starts. Rank about 12 methods and see the heirarchy for
practice. There are several algorithms that represent traps. Bain uses
several traps in his summation. Too bad. You have not gotten up off the
bottom yet to rise to the trap level. It is not a typo; you just can't
perceive as yet what most people talk about here. You have no basis for
making comments and criticisms and you do not yet know this.
>
>
> You see Rick as being at a place that you are trying to get to (not
> > doing it his way but doing it in your way and getting results like his)
>
> I did it my way
> that's a good thing right?
*****For songwriters maybe. What you aren't dong is where you need to look.
It is not good to be a newbie at age 44 and to have marched in place since
1987.
>
> well I have been experimenting for years
> go to live365.com look up Fuze
**** Why? ****0
>
> ok, that seems to be working for him
> thanks for caring so much
*****0
>
> > ok?
*****0
> altruism?
*****0
> not likely Jack
*****0
> no one's good enough for Jack
*****I'm good enough for Jack.
NB: the ****0 is a strike out. You strike out most of the time. Not a
good thing to get used to.
>
thinktank
and the algorithms that represent traps ? Thanks
"Jack Hershey" <jhers...@cox.net>
Jim Cochrane
Sorry for my lateness in responding. I think you posted a response to my
post that I didn't get a chance to read - it appears to have expired on
my news server. I've been quite busy working and preparing for a move and
haven't had a lot of time for news discussions.
Anyway, I've realized that the two posts I made earlier were overly
negative - that the tone was more of an attack than unbiased criticism
and I apologize for that. I'll try to refrain from going into attack mode
in any future posts. There's plenty of negative flaming going on on USENET
and I don't want to contribute further to that.
This is not to say that I've changed my mind and that I don't think there
is anything to criticize in your posts. But in the future, if I do post
a criticism, I intend to, as much as possible, point out flaws I see in an
unbiased manner and refrain emotional attacks.
Power Trading
Though I still maintain that you've asked questions and made comments that
indicate (as well as admitted) that you are not that experienced in the
subject of trading. If I misread your comments on this issue, correct me.
So it begs to ask, "how would you know what to properly criticize?" Isn't it
a bit jumping the gun to go around criticizing from a basis of a lack of
experience? Don't you think that will only close off opportunities open to
you? Or is this criticism derived by watching the antics of the 'negatives'
who post here, and getting caught up in it?
It never ceases to amaze me that one would lash out with criticisms early in
their learning curve. If someone does not have proof to the contrary, why
take the stand? Best to remain silent on matters not yet fully understood.
But its your ballgame. No one has control over the opinions of others,
regardless of how off-base such opinions may be. It is a pleasure, however,
to be addressed in a civil manner as was your post.
cheers
--
Rick J. Ratchford
ProfitMax Trading, Inc.
http://profitmaxtrading.com
==============================
Cycle Extraction Program - http://fdates.com/ceppro
3 Books for $54 - Your Choice! - http://fdates.com/book_offer.htm
"Jim Cochrane" <j...@dimensional.com> wrote in message
news:ajv12r$n...@flatland.dimensional.com...
Jim Cochrane
Power Trading <emaila...@website.com> wrote:
>I can appreciate that.
>
>Though I still maintain that you've asked questions and made comments that
>indicate (as well as admitted) that you are not that experienced in the
>subject of trading. If I misread your comments on this issue, correct me.
I would describe myself as somewhat inexperienced. I've done quite a bit
of study of trading techniques, mostly focused on technical analysis, in
the last 5 years or so; and I've done some trading, but not enough to
consider myself an experienced trader. (I've only traded stocks so far,
so I am quite inexperienced in futures trading.)
I think I've gained some good insight into TA and what trading successfully
is all about, so I don't consider myself a newby, and I feel I've gained
enough insight to realize that, although trading with TA can be done
successfully, it's not easy and takes a great deal of effort - study, skill,
practice, and discipline - and that without this effort anyone who attempts
to trade is not very likely to be successful, to consistently make money.
>
>So it begs to ask, "how would you know what to properly criticize?" Isn't it
>a bit jumping the gun to go around criticizing from a basis of a lack of
>experience? Don't you think that will only close off opportunities open to
>you? Or is this criticism derived by watching the antics of the 'negatives'
>who post here, and getting caught up in it?
>
>It never ceases to amaze me that one would lash out with criticisms early in
>their learning curve. If someone does not have proof to the contrary, why
>take the stand? Best to remain silent on matters not yet fully understood.
As I said above, I think I have gained a good amount of insight into
trading. However, the danger you talk about above, in my view, comes down
to being able to properly balance open-mindedness and critical thinking.
Being open without critical thinking will lead to being sidetracked onto
a path that is mediocre or ineffective. Being critical without being open
will lead to a path that lacks creativity and is not optimal. Keeping
this balance is a challenge and requires discipline and freedom from
laziness.
>
>But its your ballgame. No one has control over the opinions of others,
>regardless of how off-base such opinions may be. It is a pleasure, however,
>to be addressed in a civil manner as was your post.
Thanks, likewise, for your civil response. I hope to keep the discipline of
refraining from biased, negative USENET posts in the future (a discipline
which can sometimes be very difficult to maintain).
Power Trading
be construed as such, and much unnecessary battering would be reduced. We'd
all benefit from such cordial exchanges.
I commend you on your openness and desire to keep communication channels
open. May you find success in your efforts.
cheers
--
Rick J. Ratchford
ProfitMax Trading, Inc.
http://profitmaxtrading.com
==============================
Cycle Extraction Program - http://fdates.com/ceppro
3 Books for $54 - Your Choice! - http://fdates.com/book_offer.htm
"Jim Cochrane" <j...@dimensional.com> wrote in message
news:ak0ndp$b...@flatland.dimensional.com...