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zdo

Market Wizard
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Everything posted by zdo

  1. I typically prefer to stay away from biophysical parallels but - If you ever walked railroad tracks as a kid, you’ll remember that visually orienting to just the right range and peripheral scope down the track really helps you stay balanced. 'Focusing' too close or too far out increases your odds of losing balance and falling off the track.
  2. or maybe they just give us better opportunity (via more time) to see them setting up... or maybe longer time frames just result in less 'decision fatigue'
  3. zdo

    Dume

    12/12/12/21/12/12/12 “…you can’t see light coming…” light .’. fire “…you won’t see the fire until it gets here…” How many ‘forms’ of fire do you have in your world?
  4. I would advise a new trader to learn the 'one' that energizes / interests him most...
  5. Would You Use The Elliott Wave To Trade? Special Video Presentation from Bob Prechter
  6. zdo

    Dume

    Why Dume? If the likes of John Mauldin ( – historically a chronic, almost polyana , optimistic, only recently waking up, getting re-educated, realizing the “secular bear”, etc. – but somehow still seething positivity ) are talking like this Yield Shark Video Landing - Long - Mauldin Economics :spam: … Why Dume? … and if you are focused on when John Boemer will cry next and what will make him cry… and how that might effect your ES trade… the centrally-planned monetary policy farce formerly known as ‘the market’ will soon (sniksnik) start making your choices for you ! Are you preparing for dumesingularity?
  7. zdo

    Dume

    “…wars and rumors of wars…” Do you remember where you were when you first cognized that passage? Stealth wars Expanding Covert Warfare Makes Us Less Safe | Ron Paul | Safehaven.com War…goodgodyall… what is it good for? Transferring and concentrating wealth? If you on the left you would hope BO would never stoop to false flags like GW did Will The West Stage A Chemical Attack To Justify War In Syria? you would hope…until you realize he already did it several times now and that he’s just a stooge too. .http://cryptogon.com/?p=32724 I wish she would put some energy into de-sovietizing north America.
  8. zdo

    Dume

    (more) quo requires change . EconomicPolicyJournal.com: How the Government Is Coming After Your IRA and 401(k) Plan
  9. zdo

    Dume

    This is not your dad’s brain on status quo. Articles: Obama and Slavery … especially if you went to public schools '...first time zdo has mentioned slavery since the early days of Not Just Another Release thread... sht pretty soon he'll be reopening that stupid DOW _____ Spread thread..."
  10. This was just too soft and politically current for Dume so… Articles: Millionaires, Billionaires, and Teachers
  11. zdo

    Dume

    Who scares stoopid singer most? Cloward or Piven ? "The Shape Of The Next Crisis" - A Preview By Elliott's Paul Singer | ZeroHedge Elliott's Paul Singer Reveals The Thing That Scares Him Most | ZeroHedge :haha: quo on bchz
  12. zdo

    Dume

    u kaint reed al dat sht? thn yu cood jus lisn to thim tauk The Fiscal Cliff and Constitution in Crisis | Gordon Long | Safehaven.com wot iz a "displaced social contract" ? wot duz "insurmountable"' det mean? kaint thay jest rase taxs buy 400 pursent? yur stoopid dumer frend
  13. zdo

    Dume

    Propaganda = all those pre election ‘employment figures’ most don’t want to hear it, but Unemployment Is Not Going Down: The Employment Rate Has Been Under 59 Percent For 39 Months In A Row - BlackListedNews.com The Mysterious Case Of America's Negative Real Wage Growth | ZeroHedge is much closer to the truth. ... Do you know how many times the 1930's recession was 'over' before it was really over? Officially... 3 times. Unofficially, in the WSJ, ... 6 times :doh: Real Estate: Is the Bottom In, or Is This a Head-Fake? | Peak Prosperity … 2012: The Real Threat ? It?s Not What You?ve Been Told - BlackListedNews.com but that’s just societal ‘ruin’ – that ain’t dume Now this is dume … the dume of complicit two faced mayan clergy trying to weasel out of it now :rofl: End of the World? Hear the 2012 Prophecy How do you hedge your prophecies ? meanwhile… the directed stream of content flows on, just for you, quo … Vatican Seeks World Government and a New World Order
  14. zdo

    Dume

    SUIYA, re "Any solutions for the individual ... ?" pm coming... someday... since it appears you have already rejected Move your wealth off … off grid, off line, off shore, off books, off… which is so stupid only a few stupid people are doing it.
  15. zdo

    Shorten Trendline

    Have you tried date + +30 instead of date + 1 for the tl-end, then no extright ?
  16. The links below aren't ‘training’ ? ("Training" that you better be at if you expect to 'make the team' ?) Trading Program Online | Learn to Trade | TopstepTrader and Learn to Trade | Trading Program | TopstepTrader Membership /// and more... Trading Coaches | Trading Tools | TopstepTrader Trading Resources | Trading Education | TopStepTrader Trading Classes | Learn Futures Trading | TopstepTrader This isn’t ‘training’ ? fwiw, I'm generally vendor neutral - all the while broadcasting that vendors are typically a fit for far fewer 'students' than they claim... Just being a devils advocate for noobs here ... since the usual suspects haven't picked up the ball (- yet )
  17. Predictor, thanks for explaining the realities I had never heard of TST before… it looks like a good spinoff for an IB (or a ___) The questions those considering application would need to ask and answer… in light of the actual ‘returns’ for the ‘tuition’ costs – would it be worth it? Although they probably paint it like it’s the answer for everyone, their ‘training’ will ultimately reveal itself to be a ‘niche’ approach… of all the combine members, what percentage will really be a fit for that approach? Typically, it’s about one in a hundred. Are you that one in a hundred? Would it be safe to say - "If you don’t need the training, you don’t need TST." ??? If you become a trader with them, are you contracted for a time period? etc.
  18. zdo

    Dume

    Propaganda: Maintenance of the way things must seem for a corrupt / lying / dying / dysfunctional system to maintain the status quo. "Propaganda is to Democracy, what the bludgeon is to the Totalitarian State."--Noam Chomsky Since this is a ‘globle’ process, for just once, let’s use US’s peers across the pond for examples… they just happen to be currently in the lead in the race to the bottom… Lies reasonable lies Cashin Catches Juncker In Rare Truth-Telling Act, Confirming Everything Is A Lie | ZeroHedge Since we're in Euroland for a bit, let's look at some of their fiat lies... Testosterone Pit - Home - Ten Big Fat Lies To Keep The Euro Dream*Alive the dumn truth looks more like The Alarming 'pauperization' of France... and that is coming to a western power near you. If you’re not attuning to the lie-ee-ness of every news broadcast, then you are dume. Peeps – if you’re not a ‘statist’ at 20 you don’t have a heart… If you’re still a ‘statist’ at 30, you don’t have a brain. :helloooo: and you're not as helpless / powerless against lies as you might first feel...
  19. zdo

    Dume

    Let’s check with the past masters of propaganda Obama's Soviet Mistake - English pravda.ru President Vladimir Putin once said the following... centralized management at work ( and it's spreading even faster now!) Mainstream Media Finally Reports On GM's Channel Stuffing Scandal | ZeroHedge ie if you think forced transfer of ownership, partial / practical default on debt, and an infusion of taxpayer money that really will never be paid back fixed GM - then maybe just maybe you should put me on bignore...
  20. zdo

    Dume

    Someone in the milktoast thread questioned that food stamp ‘participation rates’ are a good indicator of economic conditions… America's Lost Decade In One Simple Chart | ZeroHedge One consolation though - The ‘left’ now has the economy of its dreams ...
  21. Trend Following Wizards - Red October | Au.Tra.Sy blog - Automated trading System State of Trend Following in November | Au.Tra.Sy blog - Automated trading System ...typical months in waiting-for-outliers-land...:missy: bobc (twins), now that Henry is going out, there’s plenty of space in this space for you “Do not pray for an easy life. Pray for the strength to endure a difficult one.” Bruce Lee.
  22. zdo

    Dume

    Nobody - NOBODY - speaks ty like ty :rofl: TedBits Newsletter: December 2012 - Volume 1 | Ty Andros | Safehaven.com
  23. Speaking generally – good luck! Getting more specific – good luck! It's very system specific. “such hedging strategies are required” or functional in only a very small set of systems. In the same vein “pay(ing) a slight premium” instead of getting flat only enhances the net of a very small set of systems. “Let's consider a scenario.. a trader is down $500”. Let’s finish the scenario… he’s hosed. Adding a $250 dollar “cap” or a $2500 “cap” isn’t going to save this trader. … because only a small subset of systems will work going down $500 per car intraday ES. You’re speaking generally about this “hedging” like it could be applied broadly. That is misleading. These tactics work in very limited subsets of systems. Accompany your assertions with one of the few systems it works with then you could generate a legitimate discussion about it ... from what I can garner from your other posts, your methods are not amenable to this 'dream'... I know what you're going through... been there... done that... for your system(s) prdctr, find your best loss points (most likely via live PA in your case) and take them... write us an article about attachment and loss... Omitting everything except Now that would have been a good post
  24. “The cave you fear to enter holds the treasure you seek” Joseph Campbell
  25. BobC, Re: “How do I do this?” Trend trading Requisites: Capitalization. Clear rules ->… and 'excessive' clarity about whether you are Pure Trend Trading or Trend ‘Following’ Trading, etc. If you are choosing Pure Trend Trading, then your trading analysis days are over. You are in the instrument selection business now. You will need to internally reframe how you process ‘obvious’ correlations between instruments. Most basically, day traders are ‘trapped’ in typically high (positive) correlation instruments. Trend traders are not. They seek the quasi correlated instruments then learn to minimize consideration of those correlations even further… only scratching the surface… (Acceleration and) Momentum / ‘action’ in the technical, day to day sense has to become meaningless in your perceptions and study of a market. It has to become noise… Plan on being in perennial moderate drawdown, occasional serious drawdown, then (too) short periods of geometric profits… rinse and repeat. In Pure Trend Trading, outliers are the edge – period. If you are choosing Trend ‘Following’ Trading, most likely you will end up doing extrapolations of the same things you are doing now… just on a longer time frame. … ostensibly longer elapsed time between ‘decisions’…. I’m on Ntrade now betting ‘good luck with that’ … while simultaneously sincerely wishing you good luck . Just by changing time frames / crowds, you may find it to be a total breeze to all of a sudden be able to “just wait until the market gives you an opportunity and then walk over to the corner and pick it up”… if so you are an exception. (And you are an exception, btw – but in that niche ??? ) With no apologies, the rest of this reply does not attend to your “How do I do this?”question. Have you considered adding new approaches instead of exclusively switching? Have you considered consciously, deliberately setting aside your short term framework for 30 – 60 minutes a day (at first) and gradually building the mindset it takes to be a good trend trader? If it is “true to your nature” to switch to trend trading, then I encourage you to go for it… but if it is “true to your nature”, then why haven’t you been doing it for your whole trading career? (and btw my friend, that is not just a smart ass question). Essentially, will 'it' really become noise ignored? Will you really drop the no longer necessary, now limiting, now contaminating, modes and skills you have developed? fwiw… this is from definitely a non trend trader who has been working on that ‘weakness’ for a long time now… even though ‘disciplined’ trend /seasonal trading actually kept me in business in the early days, it goes against my nature. The only trend trades I have ever 'enjoyed' / wholeheartedly committed to are my long term physical PM trades… give me an index chart anyday. Sorry this is brief … not much posting time today... 12.21.12 coming up and all...:rofl: zdo PS THE LONG TERM TREND is not the ONLY TRUE EDGE the retail trader has.
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