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sirios
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Posts: 157
I'm starting week with my thought about learning of trading.

I found that it is impossible to get all knowledge contained in Jim's books when I read it few times. I have to get a lot of practice, face the problems in all area (eg. context, trade management, ML) and start looking for solutions in Jim's books by reading it again. And that's what I think: all solutions are there. I just have to implement it into my behavior and trading plan.

This a lot of material and it is sometimes very difficult mentally (like trading against trend on trading timeframe) that's why process of learning must be repeated many times until aim will be achieved.

I can't imagine how Jim could learn trading without his books
It must be incredibility more difficult and long process then we are faced with.
AL
albert
Rep: 99
Posts: 3,094
0.886, 0.886 Spike Line. Jim gave the double 0.886 SL a name, but I can't recall it. Cool Pattern.

Al Kamego


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AL
albert
Rep: 99
Posts: 3,094
And there is a 1.128 DBS leading into the 0.886, 0.886 SL. I do not know if the 1.128 DBS is also a 3D.

Al Kamego


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JI
jimkane
Rep: 3,058
Posts: 33,089
3.75 point range for about 3.5 hours...
JI
jimkane
Rep: 3,058
Posts: 33,089
Which us way better than the 2.75 point range it was for the first three hours of that...
FI
fib21
Rep: 0
Posts: 40
You are funny Jim!
JI
jimkane
Rep: 3,058
Posts: 33,089
Like I said, the Zimbabwe stock market was the number one performing market during their hyperinflation. Yet, 100 shares bought you less when the market was up a zillion percent than before. We are doing the same thing.

http://www.zerohedge.com/news/dow-passes-13000-nominal-terms-here-real-picture
JI
jimkane
Rep: 3,058
Posts: 33,089
I try...

Originally posted by fib21

You are funny Jim!

JI
jimkane
Rep: 3,058
Posts: 33,089
BTW, at least the range is expanding now, and to the downside. Suh-weeeeet.
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch the GZ here off the AM RTH low... Big clue.
JI
jimkane
Rep: 3,058
Posts: 33,089
Stopped it dead. So far.
JI
jimkane
Rep: 3,058
Posts: 33,089