Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
zdo
Market Wizard-
Content Count
3536 -
Joined
-
Last visited
-
Days Won
8
Content Type
Profiles
Forums
Calendar
Articles
Everything posted by zdo
-
The Banking Secret that Neither Economists Nor Laypeople Know ... Which Makes the Fatcats Richer, While Destroying the Real Economy Mainstream Economics is a Cult
-
peak hypoc BUSTED: Kremlin reveals that Hillary Clinton's staff met with Russian ambassador during the election how clinton roll https://www.armstrongeconomics.com/uncategorized/the-money-plane-republic-national-bank-russia/ just sayin CIA Stresses Loyalty to the AGENCY Over Loyalty to the Constitution fbi conquers terrorism http://www.kansascity.com/news/local/crime/article135871988.html
-
2 minutes Go to minutes 21:45 - 23:45 https://youtu.be/yClloYm9Jls btw takes far less than 5000 hits to get a 'profile' ... just sayin...
-
dear american, Redefining Patriotism for a World of Corrupt Nation States : Waking Times
-
As usual, passionately helping you recoil and avoid the Great Unraveling subject entirely. Of Two Minds - The Next Domino to Fall: Commercial Real Estate https://www.rutherford.org/publications_resources/john_whiteheads_commentary/the_government_is_the_enemy_of_freedom The Coming Great Wealth Transfer | Chris Martenson | Safehaven.com got food? :spam: :rofl: free shipping chewy.com
-
jp, Now that you have firmly eliminated economics and money from being at issue...let’s turn to this “erroneous application of theory as a matter of convenience in politics and govmnt policy” issue oh sht, this one seems to be focusing on the tool of globalism on the left https://www.theburningplatform.com/2017/03/05/when-will-the-left-come-for-you/ oh sht this one hints again at economies and economics and impacts on cultures Of Two Minds - It's What's Happening Beneath the Surface That Matters: Moral Decay and Rising Inequality I’ve added a third table to our gatherings and I like to bop around between all three. The middle table likes to fck with both the other tables. Try it. You’ll like it. Ps re: "the "deepstate" has no practical application down here. " All of us have a “that’s not something that is actionable for me” card that we can play at any time. We can play it when we really believe we can’t act effectively on the issue and we can play it when we want to shut down or water down a conversation... Just sayin’
-
Dear Gold bears who believe they are gold bulls, and Gold bulls who believe they are gold bears, This is a dollar thread. Gold - It's Still All About The US Dollar | Kelsey Williams | Safehaven.com A Loaf of Bread, A Gallon of Gas, An Ounce of Gold - Kelsey's Gold Facts ie whatever funds you are actively trading, you literally have to stay long the dollar and ‘short’ the gold... and, thankfully, you are free to default and stay long dollars and on the contrary side of gold as long as you want. My message = We now return you to your regularly scheduled not posting Have a great weekend all
-
Re: “Was "no it all" a typo or a play on words?” I no’d what I was just sayin Re:“The problems with "Keynesian economics".... really? ” Good grief. If I meant to attribute it ALL to Keynesian economics, I would have been quite blunt about it. So, again, re: “confused” ("baffled" may be a better word)” - If YOU are not Keyn, then you will have more difficulty understanding (and communicating with) Keyn’s... in a world where all things financial are published in the key of Keyn... ...and in this case, apparently, it also it produces some difficulty discussing things with other not- Keyn’s too ... Re: “Economic theory is not what baffles me... it's the erroneous application of theory as a matter of convenience in politics and govmnt policy.” I’d reply there is nothing erroneous in how ‘theory’ is being applied. The 'theories' are just not being applied to your benefit. Keyn. is just another tool. One label among many, a construct and lexicon to sustain an ongoing psy-op floating a progress(ivism) that’s not really progress, etc etc. See Of Two Minds - The Illusion of Progress It’s just one of many labels, schools, etc, etc, etc. twisted to sustain centralization, globalism, exploitation, herd management, or whatever fkn label floats your boat. If you are authentically questioning , from among many possible ‘starting place’ labels- - that Keyn ‘label’ is a more than sufficient starting place to explore the deceitful ‘theories’ actually being applied ... just sayin’ I’m sorry - not writing a book here. We’re just going to have to be able to include and accommodate some labels/’abbreviations’/ catchall truncations with the 'just sayins' about , not an erroneous application of theory, but the big lie psyop. If you can’t stand it or handle it in financial terms and need it in terms of “government ” and applied “policy” , etc, there are several ‘label’s of opportunity there too. Aristocracy Deceives Public about the Deep State o sht, here we go... :haha:“The problems with "the DeepState".... really? ”
-
jpmoneybags kept flopping. Some days he would complain of being a powerless idiot. The next he would be a no it all. Then sometimes he would just stare blank. Blankness at the blankness. Concerned, we made an appointment for him with R. D. Laing, and personally drove him to the appointment, but he refused to come out of the car.
-
jp If you dare - question things more fiercely... Everything financial you’ve read, heard, watched most of your life is passed on in terms of keynesian economics. Keynesian econ is a skewed/fabricated economics model to serve centralized/socialized/parasitic ends. It is not real econ. Who wouldn’t be mixed up, deluded, disturbed? Lessons from George Orwell?s ?1984? : Waking Times https://medium.com/@_Maverick_/energy-money-and-the-destruction-of-equilibrium-da96f8a225d6#.n9mchdy4w btw This is the ‘ready for’ I was talking about on 2/9 http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/02/27/20170228_VIX1.jpg PS no oscillation related to actively traded markets ‘linear’ cycles more better than "volatility" PPS I almost gag using that stupid "v" word PPSS The dollar is the new vix
-
Robert Fritz Keep on gettin' up, G all the best, zdo
-
Interesting ... construing a potential ‘crash’. To clarify - my "getting ready?" post was about a return of ‘travel’ ... a bump to the vix’n... some de-correlation of sectors, etc... ...not that one shouldn’t be constantly prepared for a sweet selloff ...especially if you love to short:) :missy: I have posted for years now that the stock market is in a long bear... that for me to consider it to be in a bull market the dow, for example, should currently be at 34,000... that adjusted for real inflation (not just cpi and other fake numbers) stocks haven’t gone ‘up’ since 2000 ... http://static.safehaven.com/authors/rambus/43795_a_large.png Behold, The Dow Jones Non-Industrial Average | Zero Hedge Of Two Minds - Those Systems That Aren't Busy Being Born Are Busy Dying
-
When I read something like “There are no "setups" in Wyckoff, at least insofar as we commonly use the term.” http://www.traderslaboratory.com/forums/wyckoff-forum/19610-trading-price.html#post199118 I need to remind traders of a couple of things again. A SETUP is a SETUP... is a SETUP is a SETUP. Here’s why. No matter what data you view and what methods you apply, you NEVER “understand what traders are doing and where [and]... their behavior” . Hopefully you get closer and closer to “understanding” but in reality - No matter what data you view and what methods you apply, you are ALWAYS and forever working with your own representation of and projections on the AUCTIONs... and not with what is actually happening. Let me say that again - No matter how good you get at using the data you view and what methods you apply - you are still ALWAYS working with your own representation of the AUCTIONs... and not with what is actually happening. You can get better. If you’re using price change patterns and accompanying volume info to form a SETUP instead of a graphical pattern - you are still forming a SETUP. It is based in information and processing from a vantage point on around the ‘circle’ from visual/graphical patterns, but still it’s just a SETUP... still just an assessment of changing opportunities and risks. Here is my bitch with db’s thread. To frame it as something ‘further than’ a setup is not accurate. To be more truthful, it should be framed as a SETUP derived from different processing and representations of info, rather than as a method ‘above’ SETUPs. Also, data feed traders (vai charts, technicals, and t&s,etc, etc ) typically often attempt to Relinquish any interest/concern in value assessment... relinquish it to the market, to “behavior” to determine. Point is - Those who retain or emphasize value assessment of fundamentals or whatever in their work are still also trading SETUPs. There is no getting away from ‘setups’. Anyways, when I read something like http://www.traderslaboratory.com/forums/wyckoff-forum/19610-trading-price-2.html#post205049 “Spending one's time memorizing and searching for "setups" is generally unproductive. For one thing, setups have variations. This fact alone ensures that the number of setups will multiply like rabbits. Then there is the problem of "analyzing" all the minute aspects of the setup in real time in order to determine whether or not it "fits". ...” And then two paragraphs later same poster describes a SETUP that was easy for him to “memorize” and - even though it does have “variations” that “will multiply like rabbits” and it doesn’t take too much of his Thing2 “analyzing” for him to handle “all the minute aspects of the setup in real time in order to determine whether or not it "fits"” - that’s when I question whether or not he is simply unaware or is intentionally misleading... Rather than sell “simplify simplify, simplify”, imo it is better to sell “it needs to be as complex as it needs to be”. The reality is complexity / variation requires ‘fuzzy’ operating. Complexity, variation, and fuzziness ... things wycofians, etc, etc, and many types of traders naturally want to eschew. But re: “there is the problem of "analyzing" all the minute aspects of the setup in real time in order to determine whether or not it "fits".” If you cannot find a workable fuzziness in your “determine whether or not it "fits"” work that is a sign you possibly need to move on around the wheel from whatever patterns you are using to some other representation of the AUCTIONs for a basis of your SETUPs. It is not a sign that chart patterns basis of SETUPs are ‘bad’ or ‘wrong’. Ie Beware ‘voice of trading’ vendor talk that sounds like ‘ My method works so all other methods are bad and wrong and way less profitable’ If you are not a match to a method you can study, practice, and apply it till you know it inside and out backwards and forewards, from above and from below but you still will not thrive. You are going to see ‘it’ how you see ‘it’. You do not know and he does not know and will never know how wycoff really saw ‘it’. The major / first vast individual variation to honor is your own. The “fit” to emphasize is the fit of you to a method.... not how fuzzy or clear your chart, indicator, or pv SETUPs are... He is especially getting flak from me currently because he has represented that his way is actually getting at a special reality instead of another perspective, another way of representing SETUPs. Maybe it’s just the vendor talking... if that’s the case then we can let this just be a lesson in vendor talk and leave it at that... Hopefully, those who need his material and find it will be better served and those who are ‘pilgrims’ passing through at the moment will not be unduly sucked down the wrong hole any longer than they should be... In the past, Db has gotten all offended when I comment like this but the reality is he doesn’t need to compare, contrast, and disparage methods that utilize different data from P and V - in the same way one doesn’t need to rip Bach to teach or share an appreciation for Beethoven. That’s offensive . He’s asserting failure of a certain class of SETUPs and superiority of his SETUPs. But the ‘failing’ of a method is NOT a failure of the method itself. Rather, it is a failure of the trader to match to a method that aligns to his own nature. I could make a strong case against SETUPs too ( using a completely dissimilar way from db’s projections on / ‘channeling’ of rw- btw.) But doesn’t matter! The chances of you avoiding using SETUPs is zero. Which brings me back to my old “find your own way” song. You simply may not be able to perceive and “understand” the types of pattern a wycoffian does. Find your own way. Be reminded, a good wycoffian literally can not adequately ‘see’ and ‘understand’ bar chart patterns ... which is why they are forced, or at least urged, to find another way to represent the AUCTIONs for themselves. The following doesn’t even begin to describe my differences in perspective, but incidentally, my introduction to ‘trading price’ (via weeks with a private trader, late 80’s) came before my ‘time with’ Wyckoff (via Hank Pruden, early 90’s)... The main point is that I have nothing against wyc or tp... Eternally grateful for my exposure to both. If it is a fit for you - go for it. If it is not a fit for you - don’t be disencouraged by the subtle (and less than subtle) work of the ‘voice of trading’. Find your own way! It boils down to an issue in ‘fluency’. You will and should become more “fluent” in some SETUPs than others. Those are the ones you should consciously learn to leverage and navigate. Is he Selling what R. Wyckoff saw? No. IMPOSSIBLE (but we all do appreciate the valiant attempts ) Selling what R. Wyckoff conveyed? No. Not quite... Getting warm though Selling what he got when he studied R. Wyckoff? Warmer still ...
-
https://jonrappoport.wordpress.com/2017/02/24/im-waiting-for-google-to-explain-why-they-deleted-natural-news/
-
MSNBC Anchor: "Our Job" Is To "Control Exactly What People Think" | Zero Hedge Is James O'Keefe About To Smoke CNN? Tells Hannity He's Set To Release "Hundreds of Hours" Of Newsroom Footage "Wikileaks Style" http://www.zerohedge.com/news/2017-02-21/viewing-medias-racism-through-different-filter
-
A few months ago I posted a comment in the Trading Price thread in the Wyckoff ‘forum’? and just now noticed that post was censored. This morning I was just reviewing recent SETUPs on some daily charts and decided to spend a few minutes posting an alternative message for those who might need it... Partial list of terms and usage local to this thread SETUPs = any ( usually best seen as tiny ) shift in probabilities detected via your own individual contextual representation of the auctionS TRIGGERs = any actionable data pattern occurring coincident with or following a SETUP. Traders best serve themselves by optimally matching their TRIGGERs techniques to their SETUPs auctionS = the ‘market’ for an instrument is comprised of multiple, simultaneous auctions - not one auction. Each of us creates a representation from the data we have of the auctionS. We each trade our own representation and not the ‘real’ market. Hopefully yours are an increasingly accurate representations. Let’s look at that thread OMG, there‘s almost nothing but SETUPs in Wyckoff! Example: Go study the original rw material. Therein he lists the “Indication” of 8* Buying Test SETUPs and states specifically what type of charts they are determined from. Or look at this post. (http://www.traderslaboratory.com/forums/wyckoff-forum/19610-trading-price.html#post199178 ). Finding the “range” then assessing subsequent price movement post “range” is nothing but SETUPs - pure and simple. There‘s almost nothing but SETUPs in Wyckoff. I could go on and on with SETUPs examples from original and sect rw materials. Springboards, etc etc etc. To do rw justice - the highest quality SETUPs rw was teaching was knowing where things were in the current campaign (not his term). A SETUP is a SETUP is a SETUP. It doesn’t matter whether one sees it and processes as continuous ‘video’ or static ‘snapshots’ - it’s still a SETUP by any definition. Regardless of the type of data used, the scope of time considered, or the dynamism of the patterns,if you are looking for a sufficient shift in probabilities (which you are or better be doing) before you turn to entry techniques (TRIGGERs), you are using SETUPs - period. Also, re: “as we commonly use the term.” - ‘we’ don’t ‘commonly’ use the term “setups”. There are as many appropriate models for "setups" as there are traders. The quality (actually at CNS / 'progarmming' level all SETUPs are quantitified ) of all SETUPs is emphemeral - good one time, not quite so good the next, and sometimes outright deceitful. (Yes, market data,‘charts’, etc do sometimes lie . ) Yet that is exactly what db freakn does and teaches... if ‘condition this’, ‘condition that’, (SETUPs) - regardless if you process it CONTINUOUs or DISCONTINUOUs **- and ...and then ... if price “does that” / crosses above your straight line and, you buy ... and if price “does that” / crosses below your straight line, you sell or short (TRIGGERs). Add statements like “Forget about diagrams and templates and pretty pictures. Focus on behavior.” Then immediately turn around and offers straight line TRIGGERs for those who don’t handle ‘video’ mode as well... Folks, the answer is obvious to me, but You will have to dig little bit for yourself to conclude whether db is advising you to ignore all SETUPs and trade exclusively on TRIGGERs or whether he is attempting to set a far too narrow consensus definition of SETUPs (as many in the ‘voice of trading’ community do) or whether he gets so invigorated about trading video mode as an alternative to static snapshots that he is running a fake and confusing mish mash up wordfckn of SETUPs with TRIGGERs -then proffering an ‘alternative’ I offer a different message - In general, with any systems work , the more inclusive your context is, the more calendar time it encompasses, and (then by necessity / naturally ) the more ‘layered’ your SETUPs are - the better. But the reality is that each trader is a sample of one. If it has a positive expectation and if it is a fit for you and your proclivities, it is perfectly ok if you use snapshot chart patterns of the last x bars for your SETUPs. If it is a fit for you, it is perfectly ok if you use indicator patterns for your SETUPs. If it is a fit for you, it is even perfectly ok if you actually only use TRIGGERs ( as long as your hit rate is > 80% and you exits in wins and losses are brutally strict and always small. ) You can’t just exclusively ‘look‘out there’ to the internet and teachers for SETUPs that work. Realize all SETUPs ‘work’ (when and to the degree they do ‘work’) and you need to be looking ‘in there’ AND ‘out there’ to find SETUPs methods that match the features and idiosyncs of your bodybrains. Idiosyncrasies like what TIMEs you bring to your processing of your representations of the AUCTIONs. You may be allowing completely Thing1*** processing on all your SETUPs or you may be forcing them as far as possible into the Thing2 processing or you more likely you are running some (effective or not so effective) combination of Thing1 and Thing2 processing. Wherever you are at on the spectrum, you are still using SETUPs. And if you are not consciously using SETUPs, then guess what - you are unconsciously using/ ‘doing’ SETUPs. Find and build awareness of your own personal combination of Thing1&Thing2 processing you use to arrive at your SETUPs - then, to optimize your strengths, learn to slightly slide that combination of Thing1&Thing2 processing and slightly move what signals you when to shift from Thing1 to Thing2 . Notice how this message is different from the 'you better throw anything I'm not teaching away" message. Notice how this message is different from the typical ‘voice of trading’ guru message - which usually goes something like “ here is how I perceive the world and the markets and [even though I could never adequately explain or even describe it to myself, let alone you] this is how you need to perceive the world and the markets. I learned my Thing2 processing from a Master so mine is the best way to trade and if you don’t copy it, you will fail and be disappointed. ...I’m able to consistently act as if my Thing1 processing has zero influence on me, so you better aspire to that too.” The message again - Any SETUP methods are fine if they are a match for you. Any TRIGGER methods are fine if they are a match for you. More later... maybe. *(btw the 9th item on his list is just about the same definition of SETUP I’ve offered above ) ** might get around to adding those to the Partial list of terms and usage local to this thread and also discussing how db is mishandling the word “continuous” ... someday *** Thing1 and Thing2 is fun clusterfk labeling - utilizing Dr. Seusse’s Thing One and Thing Two characters from The Cat in the Hatbook overlayed on brain processes Daniel Kahneman has broadly characterized as System1 and System2 in his works on heuristics, etc. Layman level material can be found in Thinking Fast, Thinking Slow book
-
well chit money by decree is debt
-
Raisin cookies that look like chocolate chip cookies is why I have trust issues. Inflation - What It Is, What It Isn't, And Who's Responsible For It | Kelsey Williams | Safehaven.com
-
In Trading, What Can Be Measured Can Be Managed
zdo replied to analyst75's topic in Trading Psychology
Good post. Re: I recommend adding a few ‘complications’ - an important metric is how much of price's ‘travel’ you do and don’t participate in. This typically works out to be some permutation of how many potential trades you missed / how many setups and triggers you didn’t take This metrics opens you ways to access and assess own personal set of dynamics re: >strictness/looseness of your SETUPs and TRIGGERs, consistency of same, etc... >bodybrains states >and how well you recover - from wins and from losses, from victories and defeats, from rights and wrongs, from lucks and no lucks. > etc etc (btw it took sorties into the metrics of automated trading for me to really appreciate this metric in manual trading. In all my trading now, the only metrics more important than this one are measures of sizing precision...) other manual trading metrics that may be needed individually ( all trader&system dependent btw ) -how many trades you take that your entry leads or lags too much -how many trades you take that clearly don't make SETUPs and TRIGGERs threshold -many manual traders will see their overall performance go up if they consistently set their loss point prior to TRIGGERs work and entry... in some systems even prior to SETUP completion... if your system needs it, simply counting the times you did and didn’t do that will raise awareness... and frequency of the bhvr, etc. -
This is an adapted extract from The [utopian] Apocalypedia. Four Kinds of Dystopia | Darren Allen
-
https://jonrappoport.wordpress.com/2017/02/13/my-memories-from-the-fake-news-business/ ?News? is Advertising. ?That?s economics son, and don?t you ever forget it.? | Zero Hedge /// Illegal Drug Trade Essential to Geopolitics, Says Former Diplomat : Waking Times
-
You guys gettin' ready? ... just sayin.... zdo
-
https://jonrappoport.wordpress.com/2017/02/08/to-the-people-of-europe-who-still-believe-in-freedom/
-
Of Two Minds - Expropriation and Impoverishment: "Capitalist" Greece and "Socialist" Venezuela
-
It is interesting putin didn’t man up and ignore the trick bs like he usually does... but I don’t blame him one bit for reacting Omg - The Hubris O - The hypocrisy Now that Trump's In Office, Media Suddenly Concerned with US Military Killing Civilians + The U.S. military's stats on deadly airstrikes are wrong. Thousands have gone unreported PS I would bet orielly apologizes when the kremlin “returns to the matter in 2023” - or will wish he had.