Traders' Roundtable

Flip out the old stethiscope at day of entry and document the following:

ATR @ Entry Signal X Calendar Day
ATR X March 26 (ATR*26)/30days = Stethiscope number (S#)

Running Mean of ATR for last 30 days= 30!ATR

S#/30!ATR and smooth by say 15 days= Exit monitor

When Exit Monitor displaces by 1STD ...

c.f. wrote"

I happen to believe that I can trade slightly better than a purely mechanical system. However, I hate watching the price screens, it was boredom with that aspect of trading that caused me to retire.

I couldn't agree more c.f.!

Except I don't know if I could do better. Perhaps ...

Barli,
A picture is worth a thousand words as they say.
Thanks for the chart. I will have to check that book out.

BARLI WROTE
taught from Mark Fisher to test only those situation where traders are " caught"

BARLI,

I was wondering how do you identify those situations? I assume that it could be documented by being on the floor and watching the buzz and forlorn faces while monitoring how much ground a market ...

I always thought it would be neat to keep up with contracts like Paul Jones. But I have not made time to do that, it was however interesting to see his prophecy fulfilled on measuring inflation.(millions of contracts)

I would suppose that these markets are acting similar to how they have always ...

I thought what Paul Tudor Jones had to say was pretty interesting on the influx of diverse types of entities who were buying oil contracts in 2003.

See the following link for the webcast:
http://www.clicklive.com/NYMEX/symposium_2003/jones.htm

Thank you very much sluggo.

Dean Hoffman wrote

[quote]On a separate note, I am staying away from the Trading Blox vs. Mechanica thing! That was NEVER my intention. I think they are both fantastic products and I am forever grateful to both Bob Spear and c.f. for making these available to us. I highly recommend them both and I ...