srag&birdie2

This kinda response tells me you think too much! Way too complex, bro. If you trade the ES, jus use the ES vol. Don't complicate yur life

Well, I find it disconcerting that you want to use price bars and indicators with P&F. P&F is a very old method -- way, way before indicators and way, way before bar charts. What you have onyour chart is not P&F. It's more like Darvas Boxes. You can look inthe 'Cajas Famosas' thread for more of that (which clearly ain't no Wyckoff and certainly ain't no P&F (so why it's in Wyckoff I don't know) -- I would say it is more like Cajones Famosas, but who be me?) Get yourself a good Wyckoff book-like the course-or track in with Motorway, Darvas Boxes don't really make no Wyckoff, though they seem to truck here. Like I say, this ain't it, mo.

No. 1 Trading Rule: Show up sober.

Read the orignal course. Also Studies in Tape Reading, and the course in Tape Reading. Then you will learn first hand how did Wyckoff tracked and detmined who was doing what to who (sic) (much better to say who was doing what to whom.

Interestingly, Wyckoff was very concerned about manipulation and studied it carefully. He saw large stock manipulators running up the market to unload their holdings and selling down the market in order to cover shorts and buy at favorable prices. This is seen nearly every day still in the markets. If you read the original Wykcoff material, you will see this in spades. He was always tracking who was doing what to whom.

My Mama was related to Gann - a grand niece or great cousine or some such thing like that. I don't know, exactly. Anyway, she was certifiable, my Mama. A great soul, but I mean really nutz. I love her of course, but Geeze-uz. The stuff we went through my sisters and brothers and me. I had the craziest childhod - you don't want to know. That was enough fo me to know Gann was off limits once I was old enough to know better.

I find that very difficult to agree with. Bias is never an issue to the professional trader. For novice trades & traders who haven't become profitable, then a lack of of simulated trading is. If you paper trade in a serious manner until you get it right, you will have little problem trading the markets. On the other hand, if you jump right in and then listen to the self-appointed 'gurus' who tell you your problem is other things and you believe it, then you've got a problem. ... just a-strumming da' blues an' a tradin' to my heart's content - oh my ... Light 'in

I want to know how do you define discipline? What is it that I must do to get it?

"you won't find me line up for anything, no matter the price" -- really? You ain't seen no hard times then. me, I bought a nice digital camera. then I went to see my lady. don'cha ask what pictures I took

The NQ was on the springboard for a significant decline on 25 November.

Hi I am wondering if it would be possible to plot the number or frequency of large block trades? For example, could the frequency of blocks of 100 or greater contracts in the ES be plotted as a histogram? I am not swift enough in EL to know whether this could be done or not, but think it would be of value in identifying tops and bottoms

. You can attack my intelligence, if you like. It's OK with me. . I would bet that you have not been organized or disciplined in addressing the emotional side of trading - You refer to Mark Douglas and this is one of his main points - it's not enough to spend all or most of your time on the technical side; as much and maybe more is needed here. If this be true, then I would say your effort has fallen short of a well-organized and discplined approach to trading and could be improved with practice. To me, finding examples that break the rule doesn't really prove the point. Frankly, I think it more of a 'trick' the ego plays to avoid what it doesn't want to do. Take the hard task of quitting cigarrettes as example. Here's the kind of excuse the ego gives: Pablo Picasso smoked 40 nails a day and lived into his 90s, so I should be able to ignore health risks, too. Bullocks. Your friend may appear consistent, but how much better of a trader would he be if really disciplined? Discipline is very hard work. Few want to do it. We make up all kinds of stories to avoid the work and feel good about it. Some person said above that athletes have natural abilities and this is why most aren't champs in sport. I'm sure that makes the ego feel good, but, sorry, not true. Hard work, mate. Little more. Practice and more practice - never ending practice (simulation) with the committment that no matter what, they will strive to be better than yesterday. Talent has little to do with that. Cheers to your thoughtful response

I want to thank you very much for letting me and others know I have "some defect of character." I must say, I really appreciate that. Thank you so much! In fact, I think so highly of this kindness you have offered, that I have put it under my name up above. I am so proud I can hardly sit still!!

If you are disorganized, you aren't disciplined. If you aren't disciplined, you aren't consistent. If you aren't consistent, you aren't a good trader. You can learn to be organized, but it is effort. If you do it right, it will. Why would pro athletes practice in sim every day? No cheering crowds of fans or opponents. No athlete would be daft to step onto the playing fields without beaucoup sim. It is good this mindset doesn't qualify airline pilots! If you are causual and undisciplined in your approach to sim, you won't learn the emotional side. If you are causal and undisciplined in your appraoch to live trading, you won't ever learn the emotional side, either.

Right .

Given that Mr. Thales has made exactly one post on this thread (the one above mine, and the one I commented on) I think I did read his post before making the statement I made. So, other than demonstrating the use of a yellow highlighter, what is your point?

I have always used multiple time frames. I like 3600 and 1600 tick charts because they capture the globlex data well in the ES and other futures indexes. Otherwise, it's the 5 15 and 60 minutes charts