zdo

wasn't really thinking about whether you would want to respond or not... was just asking sincere questions in the Trading sychology forum

OpenMind, How would you respond to those who say just change your edge and don't try to change yourself? How would you respond to those who say you can't change your self? thx, obx

Some random comments of fx price and volume feeds… The Currenex price feed can be considered the reference feed. It is just slightly less reactive ie Gain, etc feeds will on sparse occasions overshoot and/or vacillate more for a few seconds. In some pairs, it is still possible to pick up a few pip arbitraging the two feeds (with automation and must wait for a counter arb opportunity for the out ) but the net is negligible after slippage and spread/commissions Up until recently Currenex volume correlated well with / could be attributed to bb/banks and Gain/sweatshop volume feeds correlated well with / could be attributed to the ‘small’ players… but Currenex has recently 'corrupted' itself with mini’s TickCount ‘volume’ patterns will be out of synch with Real volume patterns at times. And, it should be noted, at times the TickCount ‘volume’ patterns can be more accurate than Real volume patterns… And if the peeps realized how correlated slope change patterns were to volume patterns, (particularily for automation) they wouldn’t be so enamored with (either kind of) volume feeds in fx or fx futures.. (Welcome, and how long have you been) AWOL, re “we have had some great conversations on so called "volume" in forex” Like what?

PermaBulls and/or PermaBears How did you get that way. Nature? Nurture? Or what proportion of each?

I have also had favorable contacts with Mark since the early 90's and his JAMA function has been a mainstay (with a specific, not general, purpose) in my systems work for a long time now. Its main value to me is that it gets flat quicker and more accurately than ANY of the other averages out there. Posted this elsewhere - the HULL ma is often a little bit quicker in the turns, can track closer in some condiitons, but can have also have more overrun than JMA re "have used these indicators called RSX, CCX, DMX and VEL" In my limited experience, all his stuff except the adaptive MA is basically worthless... but that's only for MY needs... someone else may find creative and profitable uses for them...most 'smoothing' is an act of denial... learn to work with the jagged edge

Thanks Fulcrum, good post re The real trick is that sometimes it is just intuitive and sometimes it's counter intuitive

UB, Does your Index of Weighted Biases work across various instruments / markets or is it limited to SP / indexes. Thanks.

:thumbs up: faster loads. Thanks.

Not under most conditions... Futures gets its ‘high risk’ reputation because losing traders tend to blow up faster in futures than in stocks from the ease with which one can over-leverage in futures. If you really want to research it there are studies out there on the correlation between stock and future(s) volatility. btw, these days you can go half way by using leveraged etf instruments

if (Time[1] <= yourRTH and Time > yourRTH) then MyVol = 0; etc

Frank, I spaced out and used the wrong word audiology should be Audacity re "do you want... " personally, I would want a voice (stress) analyser running on live pit noise... not that anyone is down there anymore

manipulate Maxcnt (Like set it to (ShowLevel * 2) + 1 or use an different, equivalent input if ShowLevel has other consequences you don't want) Then when for cnt= 1 to Maxcnt begin runs, it will only show as many as you want...

Did you try MyVol = MyVol + (Upticks-DownTicks); ???

Have you thought about running some Trading Places and other trading movies' audio into Audiology and then creating your own 'life like' .wav.s or mp3's to play when conditions are met?

carguy To answer your question: Yes 10 to 20% is possible over the long haul. Questions and comments on your question: (btw my responses run contrary to what most pundits would say) Why do you ask? If it’s for the ‘if others can do then I can do it’ factor– that is important, but only for a few ‘times’ – then it actually becomes a limiter. If it’s to help you decide whether or not the possible ‘gain’ is worth the possible ‘pain’- you will never know that in advance no matter how stoked on trading you may be. If it’s about settling into a consistent pattern of ror, you would be much better served establishing consistency in the trading instead of establishing a smooth equity curve. re: “sane level of risk; 1 to 2% of your account” the sane level of risk is extremely bound to the specific system you are trading… for some systems risk of only 1 -2 % is ‘insanely’ low … talk about a waste of time… will stop the list with this for now ----------- per person, some lessons are only learned the hard way - but any kind of mentation that (ultimately) limits what you can do ‘over the long haul’ needs to be seen for what it is and dropped because if held onto, it may literally prevent the 1000+ % year(s) that you may need to survive and thrive… and that is from ‘experience’.

"The Law of Outcome: whatever you do produces an outcome, regardless of how you value that outcome. The Law of Adaptation: whatever you do over a period of time creates a change in you to find homeostasis, regardless of how you value that adaptation. The Law of Progress: whatever you do with continually increasing volume, intensity, density, or complexity, becomes more easily repeatable, regardless of how you value the progress. " Scott Sonnon

Complexity and consistency of reaction self-questionaire: Does my method and / or ‘risk tolerance’ and / or confidence and / or affect (and / or my awareness of these) shift slightly (or radically) as I progress through a string of wins (or losses) ?

Trade Chart Patterns Like a Pro Maybe Suri will have time to step up and toot his own horn...

also... send your thanks to Desi62 on TS forum for this old reminder… Trader's Psychology: Focusing On You and the Markets

Blowfish, re Filling out the 'formula' a little bit... time to become profitable ~= complexity of approach + complexity of reactions - consistency of approach - consistency of reactions

this could be seen as just mincing words, but seeing your trading as a business may be a little bit off… to see it with an attitude that it is like a business instead of as a business may be more adaptive. along the same lines, many of the ‘unpredictables of the auctions’ are better understood as random-like instead of random. another is the difference between being concerned about winning and being concerned about making the effort to win. these are soft subtle, but important, differences conditioning ‘how long does it take…’ re "what is the quickest and cheapest way to become a profitable trader? " highly individualized progressive deliberative practice with real money

Tasuki, re I haven't even loaded it so I can't speak in particulars about this indicator, but with my own "tick money flow" work the 'when' is much more important than the 'how' to use them and I suspect that is the case with the permutations of the volume splitter... cunparis, re Has no one built an ADE/ELC version?

Tams, From what I know of the situation TRO switched because of TS refusal to allow him his "Donations Accepted" distribution channel and not because of TS platform or EL. Now that he has moved, he is probably glad - for 'language' reasons. It should be noted that he is also not your typical coder - far from it - he is a prolific outlier... re: "do you think the MT4 folks are doing much coding?" Actually very few on the planet are doing that much coding in any language... especially on the automation front. Also, in their present stages of 'evolution', MT4, etc. now have a much more open, 'pirate', sharing, communty than does TS...

ZOSO very generally… basically nimble size is forced to the ES These days in the YM, complete fills and fills all at one price start going away at 12 cars and quickly becomes really evident 15 and > and by 30 it’s a mess. 5 cars still go off ok … statistically speaking (of course ) … and that’s “these days” in these conditions … needs to be checked weekly …also time of day is important …not to mention, broker is important factor hth

Yes, bcse "FX is getting so popular" plus bcse there are FAR FAR more C-like coders on the planet than there are Pascal-like coders