Improving Market Structure - December 12, 2011

[nickola.pazderic]

Billy,

Thanks for the note.

In fact, I have taken this course over the past week or so. I'm only tuned into this website and Charles Kirk. His notebook alerts me with a groan, and, as you know, he is saying the same things about Mr. Market as you.

Presently, the groan alerts:

Largest buy program of the day makes a final hour appearance to close us back within the range and above the 20 day support

Fears. What are these things that we cling to? Or do they cling to us? Our little ghosts. Electro-chemical impressions upon the recording apparatus called the brain. We can use them as the stuff of art and project them with our media devices, our voices, our computers, our photographic collections. and for a little while we're free.

I made my fears public to be laughed away (thanks Trev).

Be gone fear. Good riddance.

[Billy]

Billy,

Thanks for the note.

In fact, I have taken this course over the past week or so. I'm only tuned into this website and Charles Kirk. His notebook alerts me with a groan, and, as you know, he is saying the same things about Mr. Market as you.

Presently, the groan alerts:

Largest buy program of the day makes a final hour appearance to close us back within the range and above the 20 day support

Fears. What are these things that we cling to? Or do they cling to us? Our little ghosts. Electro-chemical impressions upon the recording apparatus called the brain. We can use them as the stuff of art and project them with our media devices, our voices, our computers, our photographic collections. and for a little while we're free.

I made my fears public to be laughed away (thanks Trev).

Be gone fear. Good riddance.

The big difference with Charles Kirk is that he is a reactive trader while we are trying to be proactive.
He knows the tricks of reactive trading well. The robot is mastering the nuances of proactive trading.
If you mix the two, you'll be confused more often than not.

About our inner fears, they must be part of our trading plan. Is the initial worst case stop loss too big for your stomach? Just bite a smaller chunk in the position and be ready for smaller thrills. That's proactive trading.
Billy

[nickola.pazderic]

Thanks for taking the time, and I hope I didn't wear out my welcome. All the thoughts are deeply appreciated and will be subject to continuous consideration. Cheers.

[adam ali]

The big difference with Charles Kirk is that he is a reactive trader while we are trying to be proactive.
He knows the tricks of reactive trading well. The robot is mastering the nuances of proactive trading.

If you mix the two, you'll be confused more often than not.

Billy, this last sentence is a very interesting comment and one that I hope you will flesh out over time.