04/07/2003 21:04:20 EDT   User [gary fullett] joined forum from 198.63.240.97 04/07/2003 21:04:30 EDT   Hi Gary 04/07/2003 21:04:30 EDT   User [bbc] joined forum from 24.84.223.27 04/07/2003 21:04:39 EDT   hello everyone 04/07/2003 21:04:42 EDT   Hi Gary and beau! 04/07/2003 21:05:13 EDT   good evening 04/07/2003 21:05:41 EDT   this will be the last monday class and will resume a reg schedule next week like we had before tuesday thur thur 04/07/2003 21:05:54 EDT   I think that we wnr over the beginners stuff 04/07/2003 21:06:01 EDT   and now we can move on 04/07/2003 21:06:03 EDT   ok by me! 04/07/2003 21:06:14 EDT   and baseball is starting 04/07/2003 21:06:14 EDT   User [cdavid] joined forum from 24.74.16.10 04/07/2003 21:06:25 EDT   and u dit need to hearc fom my big moith 04/07/2003 21:06:29 EDT   evening all 04/07/2003 21:06:30 EDT   mouth 04/07/2003 21:06:31 EDT   lol 04/07/2003 21:06:58 EDT   Okay Gary, sounds good 04/07/2003 21:07:04 EDT   i think we went over all the basic stuff of wyckoff 04/07/2003 21:07:19 EDT   and we will still do a wednesday primciiple night 04/07/2003 21:07:30 EDT   and thurrsday 04/07/2003 21:07:38 EDT   so u will have alot of info 04/07/2003 21:07:42 EDT   User [Kent] joined forum from 172.191.87.48 04/07/2003 21:07:44 EDT   I know many couldnt make it tonight 04/07/2003 21:07:50 EDT   watching the NCAA game and all 04/07/2003 21:08:08 EDT   what did I miss? 04/07/2003 21:08:13 EDT   nothing 04/07/2003 21:08:20 EDT   class cancelled? 04/07/2003 21:08:34 EDT   nope 04/07/2003 21:08:39 EDT   Im here 04/07/2003 21:08:42 EDT   good 04/07/2003 21:08:42 EDT   but next week 04/07/2003 21:08:47 EDT   what I did miss was the last .60 move in rice! 04/07/2003 21:08:53 EDT   it will begin tuesday thur thursday like we had 04/07/2003 21:08:58 EDT   me as well 04/07/2003 21:09:10 EDT   but i think to rebuy that break to creek 04/07/2003 21:09:16 EDT   User [Zack] joined forum from 63.164.161.139 04/07/2003 21:09:20 EDT   Hi folks 04/07/2003 21:09:27 EDT   hi zack 04/07/2003 21:09:27 EDT   Hi Zack 04/07/2003 21:09:34 EDT   me, too, cd - we giving away rice, i heard - that's most probably the jump 04/07/2003 21:09:34 EDT   I'm right behind you gary, hi zack 04/07/2003 21:09:47 EDT   sometimes when u see something bullish and are in it 04/07/2003 21:09:53 EDT   hard to beleive it when it happens 04/07/2003 21:09:54 EDT   hi golden foot! 04/07/2003 21:10:02 EDT   Hi Zack 04/07/2003 21:10:17 EDT   I know gary 04/07/2003 21:10:17 EDT   for those of u that ahave that corn spread on that looks well 04/07/2003 21:10:43 EDT   and it should be interesting graisn here 04/07/2003 21:10:48 EDT   and commodties 04/07/2003 21:10:52 EDT   User [pat] joined forum from 63.164.20.59 04/07/2003 21:10:53 EDT   so we need to be sharp 04/07/2003 21:11:00 EDT   hi pat 04/07/2003 21:11:01 EDT   hi everyone 04/07/2003 21:11:04 EDT   hi pat 04/07/2003 21:11:10 EDT   because there are markets that are looking good 04/07/2003 21:11:13 EDT   himkent, cdavid 04/07/2003 21:12:12 EDT   we have discussed alot over the past month or so on the beginners class 04/07/2003 21:12:15 EDT   is there an area 04/07/2003 21:12:23 EDT   that u would like me to discuss 04/07/2003 21:12:34 EDT   on thursday will go over volume and price action 04/07/2003 21:12:39 EDT   hmmm 04/07/2003 21:12:49 EDT   and on wendsay 04/07/2003 21:12:57 EDT   i will also talk rpiciples 04/07/2003 21:13:01 EDT   priciples 04/07/2003 21:13:05 EDT   do you think wheat has made the low 04/07/2003 21:13:13 EDT   but is that an area that u would like me to go over review or talk on 04/07/2003 21:13:20 EDT   I think yes MM 04/07/2003 21:13:34 EDT   I would nt be surprised if we retested 04/07/2003 21:13:43 EDT   and maybe aspring but i think we have made the lows 04/07/2003 21:13:50 EDT   with in 10 cent sof the prev lows 04/07/2003 21:14:25 EDT   ok - thanks - it is just not as strong as corn to me 04/07/2003 21:14:38 EDT   differnt animla or grain per se 04/07/2003 21:14:49 EDT   twheat can move woth corn beasn ect 04/07/2003 21:15:00 EDT   i think the markets needs to etrace here 04/07/2003 21:15:49 EDT   wheat is differnt growing thing and all 04/07/2003 21:15:54 EDT   Zack, is there anything you would like to say to a beginner from your experience learning Wyckoff 04/07/2003 21:16:20 EDT   Be patient with yourself and 04/07/2003 21:16:23 EDT   great q mike 04/07/2003 21:16:26 EDT   I like that 04/07/2003 21:16:43 EDT   work hard at doing charts and looking for Wyckoff in all time frames 04/07/2003 21:17:00 EDT   zack how can u help the beginers from your perspective 04/07/2003 21:17:48 EDT   I do have a few things to say 04/07/2003 21:17:58 EDT   we talked on risk managed ment last week 04/07/2003 21:18:04 EDT   last thursday and I thought that important 04/07/2003 21:18:12 EDT   but what i want to say is this 04/07/2003 21:18:16 EDT   this is a buisness 04/07/2003 21:18:23 EDT   and it MUST be treated like 1 04/07/2003 21:18:36 EDT   this is NOT Las vegas 04/07/2003 21:18:52 EDT   if u take profit on a postion 04/07/2003 21:19:05 EDT   because it is at support or resiatance 04/07/2003 21:19:14 EDT   that is proper wyckoff 04/07/2003 21:19:20 EDT   u can lawasy reternter the market 04/07/2003 21:19:26 EDT   but when u make a decios 04/07/2003 21:19:31 EDT   to liqidate a postion 04/07/2003 21:19:38 EDT   weather it is a profit or loss 04/07/2003 21:20:16 EDT   that is a buisness deicsion 04/07/2003 21:20:38 EDT   abd u cant look back and say" or I should have done this or I should have done this 04/07/2003 21:20:39 EDT   User [greg] joined forum from 206.58.228.149 04/07/2003 21:20:48 EDT   evening all :) 04/07/2003 21:20:53 EDT   hi greg 04/07/2003 21:20:55 EDT   hi greg 04/07/2003 21:20:56 EDT   Hey greg 04/07/2003 21:20:56 EDT   Hi greg 04/07/2003 21:20:58 EDT   because in buisness 04/07/2003 21:20:59 EDT   hi greg 04/07/2003 21:21:04 EDT   U dont so this 04/07/2003 21:21:08 EDT   u make a deciosn 04/07/2003 21:21:24 EDT   it may be not the best decison 04/07/2003 21:21:29 EDT   but a proper ONE 04/07/2003 21:21:42 EDT   and then when 1 day is over 04/07/2003 21:21:49 EDT   it is time to look at the next day 04/07/2003 21:21:55 EDT   and make proper deciosns 04/07/2003 21:22:13 EDT   when u dont trade and make a decision not to trade 04/07/2003 21:22:18 EDT   this is part of your buisness 04/07/2003 21:22:45 EDT   in trading our capitial is the only thing we can protect 04/07/2003 21:22:50 EDT   and Must protect 04/07/2003 21:23:03 EDT   if u make money and make proper ideas trades 04/07/2003 21:23:11 EDT   this is the key to any buisness 04/07/2003 21:23:24 EDT   we all have to make decisions daily 04/07/2003 21:23:33 EDT   weather its trading life kids family ect 04/07/2003 21:23:36 EDT   we look at the info 04/07/2003 21:23:41 EDT   and make the best decision 04/07/2003 21:23:49 EDT   when we are presented with facts 04/07/2003 21:24:19 EDT   Mike---one of the things that helped me when I first started was to read all the logs---then I looked for 04/07/2003 21:24:33 EDT   each of the three principles 04/07/2003 21:24:40 EDT   in each chart 04/07/2003 21:24:40 EDT   this is very important 04/07/2003 21:24:48 EDT   both from the archives and 04/07/2003 21:24:55 EDT   do u understand? what i am sating about a buiness 04/07/2003 21:24:55 EDT   from current charts 04/07/2003 21:25:01 EDT   y 04/07/2003 21:25:06 EDT   y 04/07/2003 21:25:07 EDT   y 04/07/2003 21:25:11 EDT   y 04/07/2003 21:25:12 EDT   y 04/07/2003 21:25:19 EDT   Yes, I am going over all logs and making notes 04/07/2003 21:25:23 EDT   now something zack said imp 04/07/2003 21:25:28 EDT   the logs are imp 04/07/2003 21:25:40 EDT   many times much of it may not seem significant 04/07/2003 21:25:43 EDT   those logs are worth thier weight in gold mike :) 04/07/2003 21:25:52 EDT   but u have to bridge that gap between 04/07/2003 21:25:59 EDT   also going over past charts and talks 04/07/2003 21:25:59 EDT   they've certainly helped me 04/07/2003 21:26:02 EDT   yes gary, but when you feel you have made a bad business decision, against your trading plan, one must learn and improve from the experiences 04/07/2003 21:26:05 EDT   reading words of the logs 04/07/2003 21:26:13 EDT   and doing charts and trading wyckoff 04/07/2003 21:26:27 EDT   u r alwasy learning 04/07/2003 21:26:36 EDT   u learn ore form a bad trade then a good one 04/07/2003 21:26:44 EDT   i agree 04/07/2003 21:26:45 EDT   u will alwasy have losers 04/07/2003 21:26:50 EDT   but if u make proper trades 04/07/2003 21:27:02 EDT   u will have losers BUT I feel overalll u will make it 04/07/2003 21:27:06 EDT   i totally agree 04/07/2003 21:27:12 EDT   we say alot of words here 04/07/2003 21:28:12 EDT   and it may 04/07/2003 21:28:16 EDT   seem easy the words 04/07/2003 21:28:30 EDT   but the application of these words is that gap 04/07/2003 21:28:46 EDT   example the 3 prnciples 10 demand vs supply 04/07/2003 21:28:57 EDT   1) demand vs supply 04/07/2003 21:28:59 EDT   Gary, the charts you send are not always classic wyckoff, that is very helpful 04/07/2003 21:29:04 EDT   2) effort vs result 04/07/2003 21:29:11 EDT   3) cause vs effect 04/07/2003 21:29:17 EDT   these sound easy 04/07/2003 21:29:22 EDT   BUT everyone I talk on 04/07/2003 21:29:24 EDT   all charts 04/07/2003 21:29:29 EDT   have these principles 04/07/2003 21:29:36 EDT   i mat not mention it 04/07/2003 21:29:39 EDT   on the chart 04/07/2003 21:29:44 EDT   but they all follow this 04/07/2003 21:30:01 EDT   I send U live charts 04/07/2003 21:30:03 EDT   NOT classical 04/07/2003 21:30:07 EDT   trading isnt classical 04/07/2003 21:30:14 EDT   it is the grind of the day 04/07/2003 21:30:24 EDT   i can show Perfect wtckoff charts 04/07/2003 21:30:31 EDT   but how does htat help? today 04/07/2003 21:30:33 EDT   it doesnt 04/07/2003 21:30:34 EDT   04/07/2003 21:30:37 EDT   i have to strufggle 04/07/2003 21:30:48 EDT   and see if I can make heads of tales of charts asi go thru them 04/07/2003 21:30:52 EDT   do all the charts follow the nine steps - like following the three principles or are some steps skipped in some instance 04/07/2003 21:30:54 EDT   u would think i am the Pope 04/07/2003 21:31:01 EDT   if I sent u classical charts 04/07/2003 21:31:06 EDT   and said perfect BC 04/07/2003 21:31:22 EDT   they all follow it MM 04/07/2003 21:31:23 EDT   lol 04/07/2003 21:31:26 EDT   but not alwasy classical 04/07/2003 21:31:29 EDT   MM----nothing in trading is "always" 04/07/2003 21:31:56 EDT   but we can see market action 04/07/2003 21:32:07 EDT   what if we think we see wyckoff and we dont? 04/07/2003 21:32:17 EDT   ok - get discouraged when i can't see all the nine steps 04/07/2003 21:32:18 EDT   we lose money that simple 04/07/2003 21:32:27 EDT   u cant look at the steps 04/07/2003 21:32:31 EDT   U must look at 04/07/2003 21:32:34 EDT   You cannot cast the Wyckoff wave in concrete 04/07/2003 21:32:37 EDT   actions reaction 04/07/2003 21:32:40 EDT   strenghth and weakness 04/07/2003 21:32:49 EDT   dont try to put everyhting neatly 04/07/2003 21:32:54 EDT   Liek a wave count in elliot 04/07/2003 21:33:01 EDT   U must be fliud and flexibale 04/07/2003 21:33:07 EDT   You should know it but you have to reconize what "phase" the markeet is in 04/07/2003 21:33:12 EDT   because u may not see all the steps 04/07/2003 21:33:17 EDT   u may not recognise it 04/07/2003 21:33:19 EDT   u may miss it 04/07/2003 21:33:34 EDT   u should look at all time frames 04/07/2003 21:33:38 EDT   and KNOW the trned 04/07/2003 21:33:39 EDT   trend 04/07/2003 21:34:24 EDT   U must recoginze 04/07/2003 21:34:31 EDT   how the market talks with u 04/07/2003 21:34:34 EDT   example 04/07/2003 21:34:37 EDT   s and p today 04/07/2003 21:34:45 EDT   the market opened up sharply higher 04/07/2003 21:34:46 EDT   right 04/07/2003 21:34:53 EDT   r 04/07/2003 21:34:54 EDT   y 04/07/2003 21:35:01 EDT   well 04/07/2003 21:35:08 EDT   the first move tody was a retest 04/07/2003 21:35:15 EDT   of weekly resiatnce at 907 04/07/2003 21:35:43 EDT   does anyone know why 907 was imp? 04/07/2003 21:35:53 EDT   classically we should have gone to that NUMBER 04/07/2003 21:35:55 EDT   but we didt 04/07/2003 21:36:02 EDT   and the first action today was weakknes 04/07/2003 21:36:08 EDT   and we stayed under the OR 04/07/2003 21:36:10 EDT   all day 04/07/2003 21:36:13 EDT   so that was weakness 04/07/2003 21:36:19 EDT   and what did the market do 04/07/2003 21:36:26 EDT   i dnt trade this market often 04/07/2003 21:36:29 EDT   and wa sin graisn 04/07/2003 21:36:29 EDT   bled off 04/07/2003 21:36:32 EDT   but I saw this 04/07/2003 21:36:43 EDT   the week of jan 21 04/07/2003 21:36:51 EDT   was a sharp break from 907 04/07/2003 21:36:57 EDT   i will send this tommmorw 04/07/2003 21:37:08 EDT   the point being "classically: 04/07/2003 21:37:14 EDT   the market should have retetsed 04/07/2003 21:37:17 EDT   907 04/07/2003 21:37:26 EDT   but the high was 04/07/2003 21:37:28 EDT   903 04/07/2003 21:37:32 EDT   then a retets was 905 04/07/2003 21:37:39 EDT   perfect retest with an upthrust 04/07/2003 21:37:44 EDT   short of weekly resiatnce 04/07/2003 21:37:52 EDT   classicaly should have tested 907 04/07/2003 21:37:55 EDT   action said no 04/07/2003 21:38:02 EDT   so not everything is classical 04/07/2003 21:38:10 EDT   but by watching market u see this 04/07/2003 21:38:17 EDT   so price and volume are key 04/07/2003 21:38:22 EDT   and not always do u see it all 04/07/2003 21:38:26 EDT   at perfect levels 04/07/2003 21:38:50 EDT   this is iportant 04/07/2003 21:38:54 EDT   as u review the logs 04/07/2003 21:39:05 EDT   archive cxharts 04/07/2003 21:39:13 EDT   becasue the classical words 04/07/2003 21:39:18 EDT   NOT always 04/07/2003 21:39:27 EDT   are classical charts!!!! 04/07/2003 21:39:38 EDT   so u must 'feel" the markets 04/07/2003 21:39:51 EDT   and see if there is weakness before resiatnce or just above it 04/07/2003 21:39:56 EDT   So look at areas and watch price action and vol. 04/07/2003 21:40:01 EDT   Please remember that support/resistance are areas---not a single number 04/07/2003 21:40:01 EDT   9 upthurst) 04/07/2003 21:40:10 EDT   or a spring or retest 04/07/2003 21:40:21 EDT   yes mike the reactions 04/07/2003 21:40:26 EDT   basicaly yes mike 04/07/2003 21:40:39 EDT   we look at areas 04/07/2003 21:40:45 EDT   of support / resiatnce 04/07/2003 21:40:55 EDT   and look for stenghth and weakness there 04/07/2003 21:40:59 EDT   and look at reactions 04/07/2003 21:41:09 EDT   is there cause to sustain a move at support 04/07/2003 21:41:13 EDT   does it need more cause 04/07/2003 21:41:25 EDT   is the volume consistent with priice ac tion 04/07/2003 21:41:30 EDT   what does the daily say 04/07/2003 21:41:32 EDT   weekly say 04/07/2003 21:41:35 EDT   monthly say 04/07/2003 21:41:47 EDT   what is the strongest commodty woithin a group 04/07/2003 21:41:53 EDT   wqhaty is the strongest month 04/07/2003 21:42:09 EDT   what 04/07/2003 21:42:35 EDT   hogs good example of being at weekly ice after a fall through 04/07/2003 21:42:48 EDT   I know there is alot to know 04/07/2003 21:42:56 EDT   and charts willl help bridge that gap 04/07/2003 21:43:03 EDT   and I am here to help and show u 04/07/2003 21:44:03 EDT   This talk is helping to put all the topics we covered together for me 04/07/2003 21:44:08 EDT   words without proper trade 04/07/2003 21:44:13 EDT   will lead to losses 04/07/2003 21:44:21 EDT   thats why i am having it 04/07/2003 21:44:54 EDT   i think what this is teaching me is patience to wait for right now - still have way to go but has helped me a lot 04/07/2003 21:45:05 EDT   zack how long did it take u to come to class before u "understood class and wyckoff? 04/07/2003 21:45:15 EDT   Yes Mike----that is why you must be patient with yourself---at first things can be confusing 04/07/2003 21:45:20 EDT   gamblers like the action 04/07/2003 21:45:22 EDT   At least a year Gary 04/07/2003 21:45:27 EDT   traders are like cats andpounce 04/07/2003 21:45:36 EDT   did u see what zack said 04/07/2003 21:45:41 EDT   therearent many here now 04/07/2003 21:45:46 EDT   before the "words" began to really make sens chart wise 04/07/2003 21:45:49 EDT   that have looked at wyckoff for a yr 04/07/2003 21:46:02 EDT   I know u wnat to speed up the progress 04/07/2003 21:46:08 EDT   and speeed up the charts and words 04/07/2003 21:46:11 EDT   BUT u cant 04/07/2003 21:46:18 EDT   I can help u explain words 04/07/2003 21:46:23 EDT   and charts 04/07/2003 21:46:27 EDT   but the process takes time 04/07/2003 21:46:30 EDT   to beleive in it 04/07/2003 21:46:40 EDT   college is many yrs 04/07/2003 21:46:51 EDT   of building before u have the knowledge of a profession 04/07/2003 21:46:56 EDT   why should this be diffffnernt 04/07/2003 21:47:00 EDT   been at it a year now, the light grows less dim, lol 04/07/2003 21:47:01 EDT   i am pleased what i have learned in 6 mos 04/07/2003 21:47:16 EDT   I know it gets fristrating 04/07/2003 21:47:22 EDT   frustrating 04/07/2003 21:47:27 EDT   and hard at times 04/07/2003 21:47:28 EDT   still long way to go, zack! 04/07/2003 21:47:42 EDT   i studied wyckoff for 10 yrsbefore i found this web class 04/07/2003 21:47:54 EDT   You will do fine MM---just keep at it :) 04/07/2003 21:47:54 EDT   wow 04/07/2003 21:47:58 EDT   and when u think u know it 04/07/2003 21:48:05 EDT   it slaps 04/07/2003 21:48:05 EDT   took me 6 months in class before i felt i could open an account and start trading 04/07/2003 21:48:06 EDT   ya 04/07/2003 21:48:19 EDT   and u been losig ever since 04/07/2003 21:48:26 EDT   lol! 04/07/2003 21:48:27 EDT   lol 04/07/2003 21:48:28 EDT   it takes time to bridge the gap 04/07/2003 21:48:34 EDT   I promise u this!! 04/07/2003 21:48:38 EDT   lol 04/07/2003 21:48:42 EDT   and as a broker I cant promise many tings 04/07/2003 21:48:43 EDT   Greg, was that classic wyckoff from SMI 04/07/2003 21:48:49 EDT   yes 04/07/2003 21:48:51 EDT   mike 04/07/2003 21:48:56 EDT   I'd estimate that it took me a second year to begin to learn how to apply it properly----still learning that part LOL 04/07/2003 21:49:15 EDT   but I will say this 04/07/2003 21:49:17 EDT   and how long ago was that Zack? 04/07/2003 21:49:18 EDT   i knew the words and the theory, but something was missing in my understanding and i couldnt apply it 04/07/2003 21:49:24 EDT   with wyckoff u will understand markets 04/07/2003 21:49:53 EDT   and u will understand how markets work 04/07/2003 21:50:00 EDT   hopefully this leads to profits 04/07/2003 21:50:05 EDT   because i feel knowledge 04/07/2003 21:50:12 EDT   is the key in any biz 04/07/2003 21:50:19 EDT   i did really well last summer, went through some drawdowns, and have alot better knowledge now than i did when i started\\ 04/07/2003 21:50:20 EDT   I'm not really sure pat---I think I first came to class in the summer of 2000 some time 04/07/2003 21:50:52 EDT   7-19-00, zack :) 04/07/2003 21:50:57 EDT   in the spring of 2000 zack according to archives 04/07/2003 21:51:18 EDT   greg, did you do smi course? 04/07/2003 21:51:24 EDT   i made a few errors due to lack of experience and it has cost me some heavy tuition costs :) lol 04/07/2003 21:51:28 EDT   i'll have to recheck those archives:) 04/07/2003 21:51:34 EDT   Oh---sounds about right kent----u have been studying the logs haven't you :) 04/07/2003 21:51:34 EDT   every great trader i know 04/07/2003 21:51:40 EDT   lost before the made money 04/07/2003 21:51:43 EDT   yep 04/07/2003 21:51:49 EDT   everyone does htis 04/07/2003 21:51:51 EDT   i expect that i will do better this summer than i did last year :) 04/07/2003 21:51:56 EDT   part of the learing curve 04/07/2003 21:52:16 EDT   it is like skiing 04/07/2003 21:52:24 EDT   everyone can go down a hill 04/07/2003 21:52:35 EDT   but an exp skier may get snow on his boot 04/07/2003 21:52:47 EDT   but a novice may kill himslef 04/07/2003 21:52:56 EDT   u must learn how to survive first 04/07/2003 21:53:00 EDT   and make proper trades 04/07/2003 21:53:02 EDT   aftre that u 04/07/2003 21:53:09 EDT   have 90 percent of the game beat 04/07/2003 21:53:18 EDT   do u know why 90 percdent lose in this biz? 04/07/2003 21:53:24 EDT   because they dont have exp 04/07/2003 21:53:32 EDT   and dont know how th e game is played 04/07/2003 21:53:40 EDT   why do most buisiness fail? 04/07/2003 21:53:51 EDT   becaus eof inexperience 04/07/2003 21:53:58 EDT   and lack of capitial/ 04/07/2003 21:54:29 EDT   is that right? 04/07/2003 21:54:35 EDT   yep 04/07/2003 21:54:45 EDT   y 04/07/2003 21:55:46 EDT   i have some interestng news for u and I dont follow it 04/07/2003 21:56:08 EDT   but they just had a raid against the leadership of irag thru intelliegnece 04/07/2003 21:56:14 EDT   and they think huessin was htere 04/07/2003 21:56:22 EDT   so watchh stocks tmoorow 04/07/2003 21:56:25 EDT   cool 04/07/2003 21:56:26 EDT   watching it now 04/07/2003 21:56:28 EDT   the market will tell u 04/07/2003 21:56:30 EDT   did they get him? 04/07/2003 21:56:35 EDT   ??? 04/07/2003 21:56:51 EDT   YEA! 04/07/2003 21:56:51 EDT   they dont know 04/07/2003 21:56:54 EDT   but they think so 04/07/2003 21:56:59 EDT   cool 04/07/2003 21:57:03 EDT   anyway 04/07/2003 21:57:08 EDT   please be patient 04/07/2003 21:57:15 EDT   there's nothing left of the bldg., how will they ever know 04/07/2003 21:57:16 EDT   and ask me questions 04/07/2003 21:57:20 EDT   and do charts 04/07/2003 21:57:35 EDT   what building wa sit david in bagdag/ 04/07/2003 21:57:57 EDT   a residence, its all over the news 04/07/2003 21:58:15 EDT   thanx 04/07/2003 21:58:23 EDT   him and his sons 04/07/2003 21:58:27 EDT   if u understand how markets work 04/07/2003 21:58:34 EDT   u have a beetr chance of making it 04/07/2003 21:58:50 EDT   and I think wyckoff gives u the most info on how markets works 04/07/2003 21:59:47 EDT   gary, i remain frustrated that I can't afford cqg, lycos is inferior to read charts properly 04/07/2003 22:00:01 EDT   I will send u any charts i can 04/07/2003 22:00:09 EDT   so please let me know if u need volume 04/07/2003 22:00:10 EDT   and price 04/07/2003 22:00:11 EDT   I have zero trading experience, very fortunate to come across this class and everyone here, thanks 04/07/2003 22:00:21 EDT   i hope it is helping 04/07/2003 22:00:31 EDT   the fact that u come to class is a testimeent 04/07/2003 22:00:33 EDT   to learning 04/07/2003 22:00:37 EDT   i know you would, grain profits this year to put me in cqg 04/07/2003 22:00:40 EDT   there are very few that follow wyckoff 04/07/2003 22:00:52 EDT   and thank gooness it is NOT commerialized 04/07/2003 22:00:55 EDT   You are lucky Mike----I had a lot of "baggage" to get rid of before I could absorb Wyckoff 04/07/2003 22:01:09 EDT   because I think many dont follow wyckoff 04/07/2003 22:01:14 EDT   is that is too hard 04/07/2003 22:01:26 EDT   and people want the easy answers 04/07/2003 22:01:55 EDT   i want what works! 04/07/2003 22:02:00 EDT   wyckoff for me so far has taught me to slow down, try to discern before placing a position 04/07/2003 22:02:06 EDT   but u hav eto alwasy work at it 04/07/2003 22:02:15 EDT   thats very imp 04/07/2003 22:02:22 EDT   Kent---Wyckoff works---IF YOU work at it :) 04/07/2003 22:02:25 EDT   I say the word patience many many times a day 04/07/2003 22:02:29 EDT   many may times 04/07/2003 22:02:37 EDT   it has taught me to become a better student 04/07/2003 22:02:40 EDT   I talk clients more out of tarades thnwe in them 04/07/2003 22:02:43 EDT   I was taught how to track animals and people so learning wyckoff is like a tracker in the markets 04/07/2003 22:02:52 EDT   yes, I traded too much, wyckoff has helped me be more picky 04/07/2003 22:02:54 EDT   we are alwasy studying 04/07/2003 22:03:17 EDT   u may trade many times a day 04/07/2003 22:03:21 EDT   or a few times a day 04/07/2003 22:03:28 EDT   or few times a month 04/07/2003 22:03:33 EDT   juts make proper trsades 04/07/2003 22:03:43 EDT   to me there is No such thing as overtrading 04/07/2003 22:03:45 EDT   if u see wyckoff 04/07/2003 22:03:48 EDT   User [lmarsh] joined forum from 216.135.9.42 04/07/2003 22:03:55 EDT   big if 04/07/2003 22:04:04 EDT   how do you track people, mike? 04/07/2003 22:04:05 EDT   hi lmarsh 04/07/2003 22:04:05 EDT   Hey lmarsh---good ta c u again :) 04/07/2003 22:04:06 EDT   Hi lmarsh 04/07/2003 22:04:19 EDT   hello all 04/07/2003 22:04:25 EDT   but for the most part pick out the best situations 04/07/2003 22:05:25 EDT   i think what is imp 04/07/2003 22:05:34 EDT   if the words brdiging the gap 04/07/2003 22:05:38 EDT   to trading 04/07/2003 22:05:45 EDT   u do this by charts 04/07/2003 22:05:57 EDT   the words are powerful 04/07/2003 22:06:02 EDT   but what is more powerful 04/07/2003 22:06:07 EDT   is the apllication 04/07/2003 22:06:09 EDT   and that takes time 04/07/2003 22:06:31 EDT   application is the hardest part of this learning\\ 04/07/2003 22:06:44 EDT   can lead to alot of frustration 04/07/2003 22:07:02 EDT   but thats good because it means you are trying to learn something 04/07/2003 22:07:15 EDT   just stick with it 04/07/2003 22:07:23 EDT   but it is like that in all facets 04/07/2003 22:07:25 EDT   eventually you will understand 04/07/2003 22:07:33 EDT   u may learn surgery in a book 04/07/2003 22:07:55 EDT   BUT to do an operation is harder wright 04/07/2003 22:08:00 EDT   u may know the throey 04/07/2003 22:08:03 EDT   of open heart 04/07/2003 22:08:05 EDT   took me 2 months of classes before i had one of those a-ha moments of understanding, i havent been the same since :) lol 04/07/2003 22:08:05 EDT   wright ! 04/07/2003 22:08:07 EDT   surgury 04/07/2003 22:08:21 EDT   but to transplant a herat u can learn from a book 04/07/2003 22:09:03 EDT   There is simply no substitute for experience and hard work if you want to learn Wyckoff but 04/07/2003 22:09:06 EDT   but it is like this in all buisnesses 04/07/2003 22:09:11 EDT   it is well worth the effort :) 04/07/2003 22:09:14 EDT   u may learn from book thoery 04/07/2003 22:09:16 EDT   gary by the way, do you type our orders in or does kelly? 04/07/2003 22:09:17 EDT   that a-ha moment was the first time i understood a part of how to apply the theory to the markets 04/07/2003 22:09:19 EDT   but appication to suceed 04/07/2003 22:09:24 EDT   is whereMOST fail 04/07/2003 22:09:29 EDT   kelly 04/07/2003 22:09:32 EDT   i am still learning 04/07/2003 22:09:53 EDT   u only learn 04/07/2003 22:10:00 EDT   practicality 04/07/2003 22:10:03 EDT   but doing it 04/07/2003 22:10:11 EDT   charts exp 04/07/2003 22:10:24 EDT   I can talk and talk thoery 04/07/2003 22:10:36 EDT   but watching market actions is key 04/07/2003 22:10:40 EDT   markets talk to u 04/07/2003 22:11:08 EDT   u can learn in school how to drive 04/07/2003 22:11:17 EDT   alot differnt when u r behind the heel 04/07/2003 22:11:22 EDT   wheel 04/07/2003 22:11:32 EDT   condtions are NOT alwasy classical 04/07/2003 22:11:36 EDT   like they sya in war 04/07/2003 22:11:44 EDT   the war plan goes out the window 04/07/2003 22:11:47 EDT   after the first shot 04/07/2003 22:11:54 EDT   then they play it thru exp 04/07/2003 22:12:42 EDT   so u MUST always be prepared for condtions 04/07/2003 22:12:59 EDT   and that changes daily 04/07/2003 22:13:16 EDT   someties classical mostly not 04/07/2003 22:13:23 EDT   but u have toadjus to cndtions 04/07/2003 22:13:30 EDT   there are times to be more agressive 04/07/2003 22:13:35 EDT   and times to be more patient 04/07/2003 22:13:58 EDT   gary, how long does it take to learn enough through experience before someone is not a danger to themselves in the market? about a year or 2? 04/07/2003 22:14:31 EDT   I'm still dangerous to myself Greg----LOL 04/07/2003 22:14:40 EDT   LOL 04/07/2003 22:14:54 EDT   lol 04/07/2003 22:14:58 EDT   im still dangerous after 22 yrs LOL 04/07/2003 22:15:07 EDT   I think it atkes about 2-3 yrs 04/07/2003 22:15:11 EDT   thats why i'm asking zack :) lol 04/07/2003 22:15:18 EDT   i think u neeed to go thru several cycles of markts 04/07/2003 22:15:20 EDT   LOL gary 04/07/2003 22:15:24 EDT   aout 1 yr 04/07/2003 22:15:32 EDT   to understand and bridge wyckoff 04/07/2003 22:15:37 EDT   then about 2 yrs or so 04/07/2003 22:15:42 EDT   to get that exp 04/07/2003 22:15:53 EDT   but one gos to college for 4 yrs 04/07/2003 22:16:01 EDT   so why not tak a few on wycoff 04/07/2003 22:16:07 EDT   and u can make more with wyckoff 04/07/2003 22:16:17 EDT   thwen u can with a 9 to 5 job imho 04/07/2003 22:16:28 EDT   ok, so in about 5 years i can expect to be rivaling bill gates fortune :) LOL 04/07/2003 22:16:36 EDT   I hope so 04/07/2003 22:16:39 EDT   but hard work 04/07/2003 22:16:42 EDT   as long as you don't run out of capitol first 04/07/2003 22:16:46 EDT   go for it , greg 04/07/2003 22:16:50 EDT   i will tell u why clssical doesnt always works 04/07/2003 22:17:00 EDT   Sure Greg---u just have to start out with twice as much as he has LOL 04/07/2003 22:17:05 EDT   ever hear of head and shoulders formation? 04/07/2003 22:17:11 EDT   lol 04/07/2003 22:17:11 EDT   y 04/07/2003 22:17:17 EDT   LOL, thanks for the encouragement zack :) 04/07/2003 22:17:22 EDT   well sometimes it works 04/07/2003 22:17:26 EDT   and soemtiems it doesnt 04/07/2003 22:17:29 EDT   Just kidding bud :) 04/07/2003 22:17:32 EDT   classicallly it should alwasy work 04/07/2003 22:17:40 EDT   but nothing is classical in life 04/07/2003 22:17:53 EDT   i know zack, was good :) LOL 04/07/2003 22:18:00 EDT   User [lmarsh] left forum. 04/07/2003 22:18:18 EDT   hey, you know how to make a small fortune in the aviation biz? 04/07/2003 22:18:28 EDT   you start with a large fortune :) lol 04/07/2003 22:19:01 EDT   am open to your thoughts cmments? 04/07/2003 22:19:05 EDT   about the beginners class 04/07/2003 22:19:10 EDT   what i talked on tonight 04/07/2003 22:19:12 EDT   ect. 04/07/2003 22:19:20 EDT   which charts for tmoorow? 04/07/2003 22:19:24 EDT   any thoughts? 04/07/2003 22:19:37 EDT   i think hogs would be a good one for the class 04/07/2003 22:19:38 EDT   this is an excellent forum for learnig 04/07/2003 22:19:52 EDT   good idea, greg! 04/07/2003 22:20:02 EDT   i can send that 04/07/2003 22:20:10 EDT   coffee, cotton 04/07/2003 22:20:12 EDT   how was the begiiners portion of class 04/07/2003 22:20:15 EDT   did it help 04/07/2003 22:20:18 EDT   y 04/07/2003 22:20:24 EDT   fabulous as always gary :) 04/07/2003 22:20:25 EDT   the beginners class has really helped for the concepts to sink in 04/07/2003 22:20:28 EDT   u all have the basics now 04/07/2003 22:20:34 EDT   and we ill go over many many charts 04/07/2003 22:20:35 EDT   everything you do helps. gary - appreciate it all! 04/07/2003 22:20:38 EDT   and more principles 04/07/2003 22:20:38 EDT   Very much!!! 04/07/2003 22:20:43 EDT   we have jus begun to learn :) 04/07/2003 22:21:02 EDT   thanx all, nite, happy trading, good luck greg 04/07/2003 22:21:04 EDT   it;s helped clear the fog 04/07/2003 22:21:05 EDT   I will help with ;tricks " 04/07/2003 22:21:12 EDT   thanks cdavid 04/07/2003 22:21:14 EDT   nite cd 04/07/2003 22:21:14 EDT   lol 04/07/2003 22:21:14 EDT   :) 04/07/2003 22:21:15 EDT   as far as what to look at like opening range 04/07/2003 22:21:20 EDT   strenghth and weakness as we go on 04/07/2003 22:21:23 EDT   thanks gary--we appreciate your efforts 04/07/2003 22:21:26 EDT   User [cdavid] left forum. 04/07/2003 22:21:30 EDT   I want to thank u 04/07/2003 22:21:33 EDT   yes, very much so 04/07/2003 22:21:37 EDT   yes - need those tricks 04/07/2003 22:21:39 EDT   and I will see u all tmoorow with chaarts 04/07/2003 22:21:47 EDT   and wyckoff proinciples on wednesday 04/07/2003 22:21:56 EDT   ok - thanks, gary! - goodnight all! 04/07/2003 22:21:56 EDT   good 04/07/2003 22:21:58 EDT   and thusday more advance 04/07/2003 22:21:59 EDT   nite all 04/07/2003 22:22:03 EDT   now that we are up to speed 04/07/2003 22:22:05 EDT   User [pat] left forum. 04/07/2003 22:22:05 EDT   good night everyone 04/07/2003 22:22:05 EDT   Nite Gary 04/07/2003 22:22:07 EDT   good nght 04/07/2003 22:22:08 EDT   night all :) 04/07/2003 22:22:08 EDT   :) 04/07/2003 22:22:10 EDT   Thanks Gary----take care everyone and goodnight 04/07/2003 22:22:10 EDT   User [gary fullett] left forum.