zdo

re "Predictor has given this same advice ... it is all very good advice. " Danger :helloooo: It is all very good advice for a set of specific systems only - not generally...

Why Our Currency Will Fail - Blogs at Chris Martenson http://www.oftwominds.com/blogfeb12/fractals-corruption02-12.html

UNFILTERED OPTIMIZED AFFORDABLE According To A New DHS Report, If You Love ?Individual Liberty? Of If You ?Believe In Conspiracy Theories? You Are A Potential Terrorist - BlackListedNews.com and / or http://www.zerohedge.com/contributed/ter%C2%B7ror%C2%B7ist-noun-anyone-who-disagrees-government it's ok, just quietly stand by ... like they did over in germany in the mid thirties...

It’s "System Specific!" (zdo - scratched LP time again). Listening to posters and “Pros” who do not include the base system being used as part of explaining the stop loss methodology is sort of like being given access to the loss liquidation rules book used in Walmart’s inventory management and thinking you can now apply just that info and duplicate their results in total enterprise inventory management and avoid any pitfalls in your own chain. So, don’t be “troubled”. There really is no discrepancy ! Some systems do require a ‘hard’ outlier stop. Some systems require getting out as soon as the trade is not working. It’s system specific! The cases where these two ‘rules’ would be used together would be in systems where you never let your stop be hit… but you are also in a holding period for the position where you’re not always in front of the screen, so you set a capital preserving “hard” stop for when you can’t be present, etc. Let’s look at some of the other posts – keeping up front awareness that ALL of them are well intended. from Kiwi from SIUYA from Kiwi, about Predictor’s post from Steve46 These are ALL “system specific” replies ! :) . Now find out how similar their whole methodology is to yours to really determine if their discussion can help you with your risk management… from MightyMouse Yikes, nothing “system specific” ! For this particular poster, I would request he clarify for you his base method, then look at his posts in that light. from Predictor … and more not “system specific” ! and from Predictor. If applied to/within the same method, this is suspicious… but for some systems not out of bounds. If you can get at his underlying system… otherwise it's like retail chain inventory management using just 'loss leader' techniques… yada yada...etc. from Predictor This is one of the only valid overarching generalities we can make about stops and risk... Everything else - REQUIRE "S_st_m Sp_c_f_c !"

ONE CLICK TRADING From Charts and Dom The Fed is Engineering Obama's Re-Election Campaign | Gary Dorsch | Safehaven.com ... not to mention all the media gush over the "great" employment numbers, etc. ... not to mention the DieBold fix. I project Obama will win... generally, why bother replacing him since both he and Romney work for the same 'owners'...

:haha: ... that is an excellent stupid question (if I understand it correctly) … After considerable screentime and experience with simultatneous price charts and (any) oscillator, one can develop an eye for which retracement angles and durations will almost inevitably result in standard ‘divergence’ btwn price extent and indicator extent on the next ‘with trend’ thrust… ...ie and more generally, the formation (or not) of divergences of all types is literally in the math of the oscillator… ...can further the discovery of strengths and weaknesses of a particular oscillator and its parameters and also help with understanding the potential and limitations of conventional ‘stochastics’ processes in trading in general. hth

That’s really not much of an issue anymore. Germ, Inc. has long since joined the ‘race to the bottom’ from The Financial Crisis Of 2008 Was Just A Warm Up Act For The Economic Horror Show That Is Coming - BlackListedNews.com

Tim, omg - broken record time again… it’s “system specific” ! ( more system specific than “…Riding a trend or the meat of the move…” btw ) …a disservice to the community… please revise and resubmit… thanks What do the numbers say? Have you thoroughly tested what happens when you exit via those methods you mentioned? For "meat of the move" systems have you tested exiting most of position via 'wave' counting (not EW, btw) and when swing count is sufficient go to 'exhaustion' PA at extremes of thrust excursions and then exiting the balance of the position via gradually 'accelerating' trailing stops? ie for your system, is it better to exit longs at the top of a channel than it is at the middle (or even worse, at the bottom) ? For example, exiting on the red arrow beats the snot out of exiting on either of the two blue arrows on the attached ‘detrend’ – especially when the actual price chart ‘trend’ is steep (as this example was). ie Exiting at top of channel might net more “meat” across time … it’s s_____ s_______ ! zdo

Thanks. I have looked at them … for me with TRYJPY in comparison to AUDJPY, etc they are all pretty correlated directionally in price… so more looking for sweet spots in the planned holding periods. ie it would be better for holding period in TRYJPY to be longer in relation to AUDJPY's, etc … full point difference in the spreads but (only , nothing to sneeze at) ~1.75 diff in the rates. Wonder why the INR isn’t more liquid / spread is so high?

... and out. (actually 80% out) ...mostly for moving funds to other opps right now... ie wouldn't be surprised to see USD go down even more in this pair for a couple more months. As I mentioned before, the daily interest in this trade far more than offsets additional transaction costs. Long AUDUSD, AUDJPY, NZDUSD, and NZDJPY, etc have also been a good trades lately but the daily interest, while good, is not great like in short USDINR ...same questions from OP re methods,etc are still open... thanks Have a great weekend all, zdo

"quit job to watch..." Why Do We Believe What We Believe? | The Penumbral Report

...folks, when grounded, sensible people like Levin talk like this...

zen^far Have You Ever…. wondered ?

If Holland leaves EU, will Germany have to follow ? :haha: hey, it's a zerohedge eurotrash kind of day 1.12 On The EURUSD Coming? | ZeroHedge

UNLEASH YOUR TRADING POTENTIAL zerohedge .. rather than arrest them for moral hazards created a hundred years ago why don't we just give them morality pills Are We Ready for a ...and more from zerohedge If only it were only so Jimmy Carter like…

Rande, not quite sure why you brought Heidegger into this? We’d have to fly the flack of forgiving him for voting for Hitler, and that would lead to dealing with forgiving all the ‘normal’ Germs who voted for Hitler… and that would lead to needing to ‘forgiving’ all the normal americans who voted for Obama… Can’t we just stay with Denise? Denise... with zero response time , zdo PS ...btw re "Your brain, unless you significantly redevelop it..." What does that mean? It was a serious question :helloooo:

BlueHorseshoe btw, I wasn’t singling out your’s or any other single post about It’s system specific!. If anything I was ‘singling out’ TL as the site that needs to move on from the responses so typically given in forums... to me it's better not to discuss it at all than it is too generalize about it based on unacknowledged individual 'emotional' predilections, etc... re: “Hopefully I made it clear in my post (the final para) that I wasn't doing this, and that I was fully aware that I was citing a specific example of a backtested system, and the limitations of doing so. The 'generalisation' comes not from that specific example, but from the fact that it is typical of the same tendency in the many hundreds of systems that I have examined. You say the profitability of scaling out is 'system specific' - but to what system is it specific!?!? Despite several days of pressing this question across two different threads, and receiving responses such as the one above, not one single person has responded by giving a concrete example of where the scaling out of profitable trades actually works.” Fair point... One example of an ‘excursion’ setup that I can quickly explain where scaling out has worked well for me is in Breakouts from congestion where the probability of some breakout is high but the probability of the move going far is low. Starting scaling out the exits quickly, placing targets short of the typical projected extreme of the (“false”, but not really) breakout and then trailing stops with increasing aggression as target is approached works better across time than does any ‘single exit’ strategy I’ve tested. (btw, in certain MarketTypes, subsequent reversions back into the congestion then a second breakout follows, and scaling out is not indicated / not nearly as productive…) ...This type of effort doesn’t have enough utility / is more work than most will tolerate / and or doesn’t occur with enough reliable frequency for most, etc. It is only ‘efficient’ for me because I can heavily rely on granular MarketTyping of the auction for guidance (and also I like it because it seems to happen when I need a bad day turned into an acceptable day, etc.) Again relying heavily on MarketTyping ‘cadence’, there are certain ‘reversion’ conditions in the indexes intraday where I can use envelope projections to scale in and out of short duration positions with better results (and lower overall risk) than I get with single level entries and exits. The upper end of the duration of such ‘cadence’ conditions is about 45 minutes and I typically can depend on going to the well only 2 or 3 times before other ‘forces’ 'mess it up'… hint hint - Placing time windows wherein certain PA must occur is the one common thread to all successful scaling in or out strategies ( in either 'reversion' or 'excursion' methods...) … these are the only examples I can quickly and easily explain … and even these two will be misunderstood or misinterpreted ...

I tire of going all broken record but, I thankfully believe at some evolutionary point, traders/posters in here on TL will finally realize re scaling: It’s system specific! To eyefeel, brainfeel or stat. rigorously 'test' a system (or even the range of parameters of a system), then generalize to all systems from that the merits of scaling (or not) in, as Kane phrases it, a “definitive, clear-cut, or irrefutable” way is ________, ________, ________ , and _______________ (you fill in the blanks. hint: the words or phrases for the blanks are all ‘wise’ – NOT!) Yet, if there’s one, there’s hundreds if not thousands of sincere posts that do just that kind of ‘blanketing’ – and it’s even worse on the other trading forums of this scale… I hope you can imagine my agonized screams ! Negoc8r, this is a great article! Thanks for sharing it. Reason: It introduces the concept of running multiple concurrent systems and scaling out (and in, btw) within the systems where it is appropriate and advantageous and within a range of options instead of to a fixed procedure. Built out, this concept develops to dynamic weighting to determine sizing for each member system and dynamic scaling in and out on the component systems where it helps with overall performance. btw … getting to that place operationally was pure hell for me...and… the worst in training is the best one can ever expect in real performance. Is it easy to adapt one’s brains to run multiple systems concurrently? No. Is it easy to adapt one’s brains to running systems that are incompatible to self - which at least always half are? No. Is it easy to move from the ‘blue' thinking level to the level of the ‘whole’? No. Is it easy to overcome resistance to ‘re-balancing’ adaptations from the prior cycle of training and make new adaptations? No. … to make the physiological adaptations that must come after the neurological adaptations? No. Is it easy to find or create the correct compensations for each of these 'excesses'? No. …Yet, from what I have seen in myself and others, this pure hell phase is the only way most of us can ever move into and consistently stay in the top 3% of traders!!!! Paraphrasing my flow coach: God comforts the disturbed and disturbs the comfortable….if you are comfortable, you are probably making the easy, but long term, incorrect choices. I'm going to pull up my shorts from yesterday and get out of here. Have a great weekend all.

Alpari - "currency trading is a 4 gazillion dollar market" My impressions of the SOTU speech the other night: Obama’s (now too often used) mantra of “shared responsibility” is the 2012 equivalent of Lenin’s 1912 oft repeated construct of “labour discipline ”… “krugovaya poruka” in more ways than one, folks, in more ways than one…

Has anyone read that Rande Howell article Taking the Bleeders Off the Trading Mind . ? It's out there on this forum somewhere.

Actually, neither gamblers nor traders are “building populations of Jungian archetypes”… but the successful ones in both fields are either consciously or unconsciously ‘bringing forth’ a set of game specific, pre-existing capacities / archetypes / background emotions appropriate to the ever changing contingencies of the ‘games’. Ironically, in all gaming, the “gamblers” ie those predominantly expressing the gambler archetype and experiencing the accompanying gambler’s emotional mix form the dropping off loser pool and those expressing and experiencing the polars of the ”gambler” archetype form the pool of ‘winners’ (at the final table, etc.) … That said, I’m going to ‘gamble’ for the next 36 or so hours and short the indexes…:rofl:

Yep, as Rande discussed, the educational / enculturational system found a ready label in ADHD for all their efforts to turn the reactive kids (and 'normal' reactive episodes) into responsive kids (and 'normal' stable responsive states). Traders would be better off dropping all the ‘child centered’ stuff about it and searching out the related natural strengths within that are seeking expression – the primary one being to reconnect with those aspects of self where ‘circumstances’ really aren’t the driving force in life, etc.

The optimum individual path to trading mastery is rarely through the typical, consensus, “educational” model… yet almost 100% noobs come in fully ‘conditioned’ to that concept… and, initially at least, are eager to follow that path ... ... when that fails, ...and it usually does fail quickly, ... ... the educational 'system' of the trading world has no more real interest in inducting you into the top than does the current educational 'system' of the larger society... ... charles hugh smith-The New American Divide

Good question. but re "main symptoms of ADHD" be careful of oversimplification here. There are seven types of attention disorder and only a couple of them really feature those symptoms. mitsubishi, Can't remember his name right now but did you know there is a trading psychologist who at one point consistently asserted that MOST traders are 'attention' disordered ?

Chris Anderson, curator of TED TW (and readers) I hope this doesn't dilute the original msg... it just seemed related somehow...