zdo

“Know thyself” For traders, what does that include? What is the ‘state of the art’?

Gambling Study: How Winning at Poker Causes Greater Risk - TIME

eurotrader, Please post a screenshot Thx. zdo (and Tams )

fxLegalEagle Try Currency Correlations etc. Most charting packages have correlation functions if you want to get more granular or see it historically. hth

FXGirl, Thanks. Excellent criteria. I slightly disagree with the first and second though. Number 2 first - in many cases, the 'better' / higher profile school names select for research phd candidates more than on clinical potential. They come out with acceptable assessment and diagnostic preparation but not with potential for doing consistent high quality treatment. The types of intelligence good for playing the phd game is not necessarily the intelligence needed for being an effective therapist On the first one - Statistically you're right. Many MA's are hacks. However - raw talent, aptitude, and passion are more crucial to high capacity than credential in any field - including psychology. For example, by far and away the best therapist in our town is an old crone lcsw. She runs circles around all the phd's and they know it... Also the quality of ongoing mentoring and development is much more important to 'depth' than the initial academic work and supervision... I guess what I'm saying is one can't go 'wrong' applying the first two criteria but one could go 'more right' by not... Looking forward to your thoughts on finding / matching therapists for traders. Maybe open a new thread for it. zdo

Reciprocal - Wikipedia, the free encyclopedia RECIPROCAL (3) same as 1 / (3) same as .33333... hth

...unverified pseudocode Plot1( DataSeries1 - DataSeries2, "SprdDiff" ) ; Plot2( AverageFC(DataSeries1 - DataSeries2, Length), "SprdAvg" ) ; // or Plot2( AverageFC(Plot1, Length), "SprdAvg" ) ; // or ... hth

These have been busy days and nights so I have simply not been able to participate in (or hardly even look at )a thread I started as much as I normally would. re: I’m glad you’re still here, girl. If and when you leave, will you please tell us why? re: I wonder what percentage of browsers projected the op as an indirect cry for help. Of the responses before yours, 3 did and looks like you did too. Only 2 took the question at face value. re: This is off topic because my opinion of ‘psychologists’ isn’t really relevant to the question. I am admiring your candor in another thread “Look for a psychologist ... – there are a few good ones out there.”. But my opinions, (garnered from both living in one of the most ‘therapist rich’ metropolitan areas on the planet and in areas where they are more typically represented) are not so much about the quality of therapists statistically but about the vary small odds of getting matched up with someone who can go the distance. And, in my opinion, those small odds plummet to virtually no odds of a trader getting matched up appropriately. re This one made me laugh All four of those 'guesses' were intended to get at least a grin... re Thanks. Check some of my posts - you’ll find that I’m a serial ‘it ain’t discipline’ poster. Maybe we can get into this some in another thread… I started the thread to add to my serious and silly list of reasons ‘they’ (the ‘helpers’ – announced trading doctors, psychologists, coaches, and lay advisors) just vanish from forums without goodbyes. I know the forum medium itself is an obstacle…. And while the clients may be “motivated” , that doesn’t mean traders are good therapand (horrid emergent terminology…). Those two reasons, for me, answer why a large percentage of ‘them’ leave. But I still have curiosity about more reasons related to ‘their’ own dynamics and experiences, etc. that trigger them to just fade away the way they do. Thanks for any and all answers to that. All the best, zdo

Backstory is pretty simple – they come and they go in the threads. Noticed it and I’m curious what happens. Introduced a few snide possibilities in the o.p., but was seriously asking if any others had insights into what happens to ‘them’ ( ‘them’ being the serial professionals (MD, PHd, licensed etcs. ) that come and go on TL ). Across the years, I continue to evolve my own (currently somewhat ambivalent but mostly neutral) opinions about trading therapists and coaches – but that is not really germane to this specific topic / question. If you have insights, please share. If not, no problem. Most of the question threads I start go with some reactivity and few or no answers. nbd…

DugDug, Thanks. With this line of thinking, can you direct and relate it to the why 'they' leave / original topic? Also - re: "habits and thought processes." habits ? - definitely thought processes ? - not so sure about that paradigm anymore. That's getting to where the 'psychology' may be falling down. Thought may not be as central as we would like to think

RE: Well for one - they are gone. Plus - Going on my impressions of the body of work contributed from ‘them’ so far, I'm thinking I would get much more authentic answers from traders (with own life examined,etc) than ‘them’. I should note, these questions are more about the patterns of how 'they' appear on the scene and then disappear, and the dynamics when here - than are they a criticism of the ‘helpers’. As DugDug and JWBTrader are pointing out, they definitely have their own issues - even though most of them cloak those issues to a fault. Is this accurate ? Trading 'therapists' are NOT regular 'therapists'. Is this accurate ? Many of the issues faced by traders that are pparently 'psychological' , really have no psychological solutions at all. re: "Why not figure things out on your own ... " Soultrader, there you go. Shut it down. Site no longer needed…

What happens to our forum trading psychologists / psychiatrists ? Seems some stay a little longer than others but none of them stay for very long. Some thoughts / questions on why: They fear being peer… you’re basic’ power in the helping professions’ trips don’t work very well with traders. ??” They are really on forum to recruit clients – and when that doesn’t work they peel off ?? Their general and individual models are inadequate and incomplete for ‘helping’ traders and forum ‘work’ accelerates that realization ?? They are ‘wounded healers’ and once they work through their own issue(s), they just don’t need to help anymore ?? Thoughts ?

'Calculated' POC is always inside a VA. Actual POC... different story

I've heard of regenerating PP's at intervals through the day. Does anyone have ideas or experience with VWAP's that have multiple start / restart points instead of just once at the beginning of one's session? thx

emios, Most of the replies to your question answer re total volume – which has not changed. My understanding of your question was that you were asking about the volume reported on the ‘tape’, correct? I’ll take a stab at answering that. I was told by an ES trader who uses the tape exclusively that it took him about a month to fully adjust…. that it was a process of understanding the changes, compensating / changing, testing - and then he was ‘back in business’ But he may be an exception. For one, not just any ole brain has the necessary knack to read via numbers instead of graphically day in and day out. Also, many may have been able to discern their ‘patterns’ in the old stream, but simply not be wired to learn new equivalent patterns (easily enough for it to be worth it) – so they are out of the game or their performance seriously compromised. In sum, a whiz savant could utilize either stream. Less than whiz savants may only be good at one of them, etc… and most people are simply good at neither... etc What attracts you to do tape reading? Have you done it before? If you never tape read the old stream, then you do not have to adjust!

Behr, imo, the best place to start would be the early writings of Tom Joseph hth zdo

rsi(c,2) why? it never fails

op, et al, Needing to apply discipline more than ~ once a month is a sign of big trouble and the whole trading operation is in jeopardy . Use the sign as sufficient stimulus to start re-looking for the major and serious 'structural' changes needed to make with self and / or system... hth and merry christmas and happy holidays to all.

General answer ... 3 basic options GV = Global Variable ELC/ADE = EasyLanguageCollections/All data everywhere Code in the 2400 chart that calculates indicator based on 6765 instead of 2400 (if you were using time bars, 4th option - you could use Data1 and Data2, etc) See TS Support forum for how to 's on all the above... Don't really have enough info about your situation but ADE is probably your best long term solution for this. hth

When I think of trading, I think of trading… When I think of managing money I think of Compliance with a bunch of nit picky BS Marketing, promotion, selling Trading Handholding ( / talking accts that really shouldn’t leave into staying and wishing accounts that should leave would, etc Trying to attract talent and then delegate (what is essentially) trust When I think of trading, I think of trading… hmmm

clmacdougal, What areas are in the"now" of Steidlemayers work right now for you? Anything in this thread? What have you gotten from this thread so far? etc? These are curiosity, not challenge, questions btw. Thanks. zdo

OPM = other peoples money

waveslider, I did it a couple times back in the late 80's. Simply didn't enjoy it. The 'business' responsibilities and etc of OPM just wasn't my cup of tea. But you may be fine with it. A friend of mine got his CTA about the same time, did it through '03 and retired and never seemed to have any of the issues I had with it. Have you done any OPM at all? Testing the waters with a small GP type arrangement would be the route I would have taken had I known then what I know now about myself Hope this helps. zdo

re: "What is your limit to assume a change in the buyers/sellers waves? (i.e. I' m using a similar setup on a 2k volume chart , and my signal is the 2second bar of reversal after steep bid/ask waves)" That’s pretty granular. For this, I use charts that print about 5 bars per minute at peak times and just use 1st ‘color’ change on a fairly fast modified HA for the steep pivots. Resets gets slightly more complicated for congestions… re: "Do you think that there' s a way to track market_order/limit_order from ZenFire feed?Any existing Ninja DOM indicator customized?" Don’t know. Don’t use Ninja DOM. There's been quite a bit of talk herein about common feeds... my comment - I don't trust any of them at this level re: "Mkt_order/limit_order dynamics. tape order not changing DOM volumes? I don’t think I understand your question. a stab at it... Generally, I haven't attended to the 'Mkt_order/limit_order dynamics' very deeply - usefulness of the patterns are extremely context dependent. re Dom I personally have DOM numbers showing but only glance at it occasionally to see if things are extremely thick or thin.... currently have no other uses for that information...

re “Market conditions” The simplest way I can put it is the order flow patterns need different interpretations btwn, say, unfolding flat areas and steep areas on a chart – even though the raw patterns printed by the measures may be verisimilar in shape and scale. ie Virtually identical patterns point to going with the move in some cases and in other cases fading the move. Also, only in certain conditions do I even refer to these measures and the rest of the time they are ignored. re “min/max of a swing” Yes basically. Anytime the auction changes from bid to ask (and v v) (or to some cases of neutral / balanced), I zero the count and start new one at the bar where the previous prevalence shifted. re: “postulating a change in behaviour of CurrentBid/CurrentAsk” Not me. (but also not saying the information couldn’t be used that way) ‘Trades’ not on the CurrentBid or Ask are ‘proxies’ for market order type participations. Briefly - ‘Sustainable’ price moves seem to have both extent and an obviously close balance / ratio of ‘mkt’ order participation with (/ just under) ‘limit’ order participation. ‘Crap’ moves seem to skew a preponderance of one or the other, including but not limited to one summing to positive and the other to negative. Many terminations show swing level negative divergence between price extents and indicator extents ( but I haven’t run stats on that phenom and rarely use that information…) hth zdo … if it looks like I’m pulling an Urma - it's bcse I AM pulling an Urma - just not for the same reasons.