(post#1, new version)
-- I realize the formula description is all over the place. The only portion I usually look at is the table to the right of the '='.
-- explanation --
the "trading is life" formula (on the left):
On the leftmost side of the "trading is life" formula,
'p' is physical TP or SL;
'n' is manual TP or SL;
and, '-' is there to note no TP or SL was used, that is, no trade is taken.
In the second and fourth areas of the same formula,
a (higher and lower area) is distinguished.
Especially --
middle, to the left of the "=" in the 'trading is life' formula: The higher is the brain and the lower the body, as in,
a | (level) on the lower portion is, if to the right, the vertebrae and thus a line that transmits a signal to the body and its action string to do or be something.
The brain then picks up on the string's action taken upon this order and combines it with what it already knows of the string and the | (level) working together, before transmitting to the body's | another signal. Note that the brain may only be passing on sensed knowledge of an object that the | plainly gives to the string, and the string then does most all of the work with the object.
rightmost: The body is | (level) and exchanges back and forth
with the brain's sensed _ (field) -- which suggests the example noted about the brain sometimes only passing on sensed knowledge of an object, only also opening up the possibility of the brain having more of an opportunity of creating an original field and the body, when it has the _ and the brain has the |, going more for a sensed field.
"real"
and "true", second from the right and at the '=' in the 'trading is life' formula:
Overall truth is a combination of sense remembered and observed. Reality is an inter-entity - enforced exchange of truths and imaginings that benefit the entity exchanging in relation to continuing its survival as it perceives it.
_ Field is a perception, a careful balance between one's own and competing motive-and-dominance groups
of .'s in (my model of) the brain;
| level, where one's exchange of objects/signals lies, depending on one's usual field(s).
Entity is that brain-body individual that only contains this formula.
The plus-sign, third from the left in the formula and at the '=', is a graph that puts 'true' on the x- and 'real' on the y-axis. Through careful use of the definitions above, as reflected in the subject's (profitable trading through reading charts technically) ability to achieve its goal which is a truth (in this case, exactly how the chart will look during and around the trade), a reality may be achieved that creates
upper left of graph -- real profit, false understanding of the chart (either through body (gut) understanding being true and acted upon, or a temporarily true brain interpretation of the chart that is, overall, wildly inaccurate);
lower right of graph -- real loss, true understanding of the chart (acted on a level signal that was different than what the body and brain understood as true (such as a distraction, negative attitude, or impulse) that suggested that another level told oneself to respond to a nontrade issue that superceded doing well at trading).
(balance)
and (maturity (the <>'s) have been explained previously.
more on the leftmost area:
money is an object that signals one of the fastest, because the power of its level-erage is such that any entity wants it. Thus, special control it gets.
The right-hand picture, a pattern recognition table, has been partially explained in other posts, especially the first and fourth columns from the left.
The central purpose of the build-a-shape prt is to leverage the range from midline to logarithm in a chart, so that,
in the top row of the prt, midline and logr overlap into a cycle,
in the middle row, midline and logr are simple and plainly separated once,
and, in the bottom row, midline and logr are complex / distinct in their relation with each other and plainly separated a bunch of times.
The meaning of the 'shape-building prt' can also be holistic at times, so that, for instance,
the second-from-left column --
may at once be taken as the number of axes in a shape (triangle: 3; line: 2; etc.) and in several shapes (a triangle with a line emerging from it: 3, because the line is a given; three triangles, two high-low and one, later, at a price between them, within a rectangle: 5, because a line helps define the overall pattern, along with the three triangles, or, alternately, if the pattern is used as a rectangle and the center point drawn from extensively, also 5, or the latter drawn simply from with a line, 4).
Explanations for prt's rows, with symbols described in more detail on the left --
Further detail, through related symbols, about the first column on the left:
..........5.......4.........3........2..........1
angles:
, or rather, 1 being a muted, cyclic, very rare switchoff of logr and midline, mostly midline because of it being muted; 5 being the opposite, an exaggerated, almost non- cyclicity through close and unusual-sized midline and logr to balance; 2,3,4 as noted, just relate with the formula's '=' area's prt.
(continued) this alternate version of prt: (left to right, 1 to 5: Test 1,5; 2,4; 3 (the necessity of the flow of interaction). Logr - | vs. a . at base and/or top, at 5; and, balance (midline) - | vs. a . at middle, at 1. Neither 1 nor 5 are plainly midline or logr, respectively; they each contain an exact shadow of the other, that is, 1, as a midline, balances any logr's that may show themselves, and 5, as a logr, logr's any balances that may show themselves.
A . with 2 and 4 go with a large space, 4 with a defined frame (/perspective) that may reframe and 2 with emphasizing the | and thus how one side is known and the other unknown and so may incrementally move something across that line.
Finally, 3 has a . vs. a |, which is anchor, . , vs. a | used as a stability (4 reframe, 1 balance, 5 logr (jump), or 2 one side of a line-defined area). All build to 3, which then can go on to any of the line patterns, with respective #'s help.
The third column from the left, still on the 'shape-building prt', and labelled " # " --
A nice approach is to take the words literally as types of PA's intersection with TL's. Leaps of progress'd be made, if this works.
-- I realize the formula description is all over the place. The only portion I usually look at is the table to the right of the '='.
method
skill order
- warming up / attune to using logr and midline to make TL's, i.e., detail (exercise (L,M-type trend angle ID's) given an example):
- TL-type diversification, using the third and fourth columns of the shape-building prt (selected to the right of the '=' in "trading is life" formula) and, as desired, older posts' descriptions of the five types of TL's:
- identification of ranking TL's and their appropriate lengths:
- smarts for picking a TL that resolves price action's inter-shape direction:
- mm math application, that is,
balance #lots invested with #pips in SL,
given a base # pips per lot according to a risk:reward percentage of how many pips I usually earn,
the SL based on a TL,
and average number of pips a TP
(example: if average #pips a TP is 60 and base #lots is 20 (slightly adjusted to symbol's price), then, with a 1:2 risk:reward ratio, base SL is 30;
since, after the average #pips a TP is used, then TP is ignored (since one may exit at any time, while SL is usually hit (in this formula's consideration),
so that if SL is to be just above a TL 60 pips away, then risk doubles and #lots drops to 10 while guess likely TP to go for, regardless of this trade's TP.
NOT doing this is a quick financial death --
After a certain point, a TL is so far away that it may only serve as an absolute stop, in which case the mm approach is close to falling apart when I revert to a local-volatility guess for SL that is, at least, well below mc.
After this is no stop, only doable if one manually exits -- An unlikely scenario if one's chart study failed to rank well-honed TL's and one is unpracticed in the type of exits (or entries). Mc is almost 100% probability: There is a one-way ("TP or bust") ticket to an mc.:
-- explanation --
the "trading is life" formula (on the left):
On the leftmost side of the "trading is life" formula,
'p' is physical TP or SL;
'n' is manual TP or SL;
and, '-' is there to note no TP or SL was used, that is, no trade is taken.
In the second and fourth areas of the same formula,
a (higher and lower area) is distinguished.
Especially --
middle, to the left of the "=" in the 'trading is life' formula: The higher is the brain and the lower the body, as in,
a | (level) on the lower portion is, if to the right, the vertebrae and thus a line that transmits a signal to the body and its action string to do or be something.
The brain then picks up on the string's action taken upon this order and combines it with what it already knows of the string and the | (level) working together, before transmitting to the body's | another signal. Note that the brain may only be passing on sensed knowledge of an object that the | plainly gives to the string, and the string then does most all of the work with the object.
rightmost: The body is | (level) and exchanges back and forth
with the brain's sensed _ (field) -- which suggests the example noted about the brain sometimes only passing on sensed knowledge of an object, only also opening up the possibility of the brain having more of an opportunity of creating an original field and the body, when it has the _ and the brain has the |, going more for a sensed field.
"real"
and "true", second from the right and at the '=' in the 'trading is life' formula:
Overall truth is a combination of sense remembered and observed. Reality is an inter-entity - enforced exchange of truths and imaginings that benefit the entity exchanging in relation to continuing its survival as it perceives it.
_ Field is a perception, a careful balance between one's own and competing motive-and-dominance groups
of .'s in (my model of) the brain;
| level, where one's exchange of objects/signals lies, depending on one's usual field(s).
Entity is that brain-body individual that only contains this formula.
The plus-sign, third from the left in the formula and at the '=', is a graph that puts 'true' on the x- and 'real' on the y-axis. Through careful use of the definitions above, as reflected in the subject's (profitable trading through reading charts technically) ability to achieve its goal which is a truth (in this case, exactly how the chart will look during and around the trade), a reality may be achieved that creates
upper left of graph -- real profit, false understanding of the chart (either through body (gut) understanding being true and acted upon, or a temporarily true brain interpretation of the chart that is, overall, wildly inaccurate);
lower right of graph -- real loss, true understanding of the chart (acted on a level signal that was different than what the body and brain understood as true (such as a distraction, negative attitude, or impulse) that suggested that another level told oneself to respond to a nontrade issue that superceded doing well at trading).
(balance)
and (maturity (the <>'s) have been explained previously.
more on the leftmost area:
money is an object that signals one of the fastest, because the power of its level-erage is such that any entity wants it. Thus, special control it gets.
The right-hand picture, a pattern recognition table, has been partially explained in other posts, especially the first and fourth columns from the left.
The central purpose of the build-a-shape prt is to leverage the range from midline to logarithm in a chart, so that,
in the top row of the prt, midline and logr overlap into a cycle,
in the middle row, midline and logr are simple and plainly separated once,
and, in the bottom row, midline and logr are complex / distinct in their relation with each other and plainly separated a bunch of times.
The meaning of the 'shape-building prt' can also be holistic at times, so that, for instance,
the second-from-left column --
may at once be taken as the number of axes in a shape (triangle: 3; line: 2; etc.) and in several shapes (a triangle with a line emerging from it: 3, because the line is a given; three triangles, two high-low and one, later, at a price between them, within a rectangle: 5, because a line helps define the overall pattern, along with the three triangles, or, alternately, if the pattern is used as a rectangle and the center point drawn from extensively, also 5, or the latter drawn simply from with a line, 4).
Explanations for prt's rows, with symbols described in more detail on the left --
Attached Image
Further detail, through related symbols, about the first column on the left:
..........5.......4.........3........2..........1
angles:
Attached Image
(continued) this alternate version of prt: (left to right, 1 to 5: Test 1,5; 2,4; 3 (the necessity of the flow of interaction). Logr - | vs. a . at base and/or top, at 5; and, balance (midline) - | vs. a . at middle, at 1. Neither 1 nor 5 are plainly midline or logr, respectively; they each contain an exact shadow of the other, that is, 1, as a midline, balances any logr's that may show themselves, and 5, as a logr, logr's any balances that may show themselves.
A . with 2 and 4 go with a large space, 4 with a defined frame (/perspective) that may reframe and 2 with emphasizing the | and thus how one side is known and the other unknown and so may incrementally move something across that line.
Finally, 3 has a . vs. a |, which is anchor, . , vs. a | used as a stability (4 reframe, 1 balance, 5 logr (jump), or 2 one side of a line-defined area). All build to 3, which then can go on to any of the line patterns, with respective #'s help.
The third column from the left, still on the 'shape-building prt', and labelled " # " --
A nice approach is to take the words literally as types of PA's intersection with TL's. Leaps of progress'd be made, if this works.