DaveJB said:
Well, anyone who's actually been around T2W for more than 5 minutes knows that describing Bramble as one of Soc's self appointed cheerleaders is complete twaddle for a start. One of Soc's biggest critics I would accept.
Second, Bramble was merely saying Soc advocated the use of tight stops - surely that is the point of it all? Bramble has no idea what Soc actually does, neither have I, nor has anyone else except Soc. Wisestguy is not alone in deciding he can spot a good/bad trader by posts on this board, and the personal attacks were both incoming and outgoing. I am struggling to spot the constructive comments from him on anything, however. For a good long while all he posted was insults.
Actually, Dave JB and Bramble, I am immensely grateful, sincerely grateful to you both, and for different reasons.
I am grateful to to you Dave because you have persuaded me to accept that discussions on websites such as this one are best restricted only to what is mainstream, meaning that which is in the public domain and is acceptable to members according to their frame of reference according to popular conscensus, which incidentally is not mine.
One example of this, is discussions about the different kinds of time and and how this abstract concept / faculty can be re engineered and utilised, which you call precognition for want of a better word.
Another example is the question of intent, which is not widely understood either.
Or the concept of preemption as part of a strategy, which is meaningless to individuals who persist in confusing methods with systems.
Another example is what volume is able to conceal and paradoxically, blatantly show, when it is read correctly.
Another example is the trap the unskilled fall into repetitively, with regard to seeing in a chart what is immediately desireable to them, that is, what they persuade themsleves in some perverse manner they want or hope to see, and not what they ought to be seeing.
These are just a few examples in which both of you have been instrumental in bringing to my attention that these topics (because they are very far from mainstream) must not and can not be discussed in any open forum because they are too valuable to let anybody have just because they ask for them.
The fact that Bramble is my critic does not bother me at all, in fact his criticisms are welcome. I will explain why. The fact of the matter is, that he helps to catalyse people into expressing opinions. I find many of these opinions very curious indeed, some of them very entertaining and funny, because that is all they are. That is why there is constant arguing going on all the time instead of constructive discussion. Constructive discussion is the consequence of being able to develop views, and not the result of having opinions.
I was not aware that these problems existed. The problems that individuals bring upon themselves as a consequence of having opinions instead of views did not cross my mind until it was brought home to me, sharply by students.
For this reason also I can thank my lucky stars that when I was still unaware of the problems caused by the misconceptions individuals are able to contaminate themselves with, I was prudent in only offerring ten levels of tuition instead of the whole lot, and to wait and see who was fit to be taken higher. I was not aware the general public has such great difficulties, not with the markets and what they deliver, but with itself, in general terms.
So I am not averse to Bramble being critical, and I am sorry if any member feels frustrated.
But my reluctance to take discussions further is the result of my experience gained in the past which is reinforced by exposure in this website.
With regard to the use of stops, there are three levels of proficiency in this regard. Their use is critical and imperative to traders, in fact the use of stops is mandatory to all but the most proficient. All tales of misery or failure are directly linked to dereliction of attention to stops in one way or another.
The first level of proficiency involves the automatic placement of a stop, as tight as possible. according to the ability of the trader to clock the move and execute timing and choose the most advantageous entry point. Beginners percieve themselves to be clumsy in this regard. These three enactments take time and repeated practice to perfect.
At the second level of proficiency, when all three enactments have been mastered, the trader is now in a postion to concentrate more fully on tightening the stop even further. This is also relative to a more developed awareness of the level of risk the scenario presented offers in reality. This has to do with experience.
At the third level of proficiency, when all three enactments have been totally mastered, and in addition, as a consequence of total familiarity with the instrument under consideration the risk element can be factored in seamlessly and in addition all the other elements that go into making a successful trade are in place, including price, volume, and intent, then the stop (or its physical placement rather) becomes academic. The stop is calculated and held in the mind and executed ruthlessly and instantaneousy if the outcome developing is the opposite of the one expected.
With regard to my trading, I never discuss it. The reason is that I would need to, "only if" I required the assistance of members to do it. As this is not the case, the case does not arise.
For this reason as you rightly say, nobody knows what I do, nearly nobody, that is.
In point of fact the age of electronic execution is a huge blessing most traders are unaware of, and this is because, when carefully protected and skilfully employed, it offers the kind of anonimity totally contrary to having to use other means. This is a huge advantange and is totally overlooked, plus it has the added bonus that it is extremely fast.
This is another area that puzzles me as to why so much effort is devoted to discussing the merits of one execution platform against another, endlessly, ad nauseam.
Kind Regards As Usual To You Both.
:cheesy: 
