20
Dec
2010
Posted by Ted. 1 Comment
Took off a bit ago to drive through the snow to visit the Toronto MTA and Canadian Technical Analysis Association meetings where I spoke on Drummond Methods. They liked it! It never fails to amaze me how few traders understand the power of time-frame coordination. To be sure the idea of a monthly or weekly trend is something that is widely acknowledged (usually by talking about -60-150 day moving averages and the like) but the specifics of how and why to detail out the support and resistance interactions just is something that most traders have not yet grasped.
Part of me says that’s just fine, there’s more for the rest of us. But part of me can’t stand it and I want to make the descriptions of the methods ever more simple and direct. Our New “Short Course” is called “Drummond Geometry in One Lesson” and now just to hammer it home I am doing a little movie called “Drummond Geometry in 60 seconds.” Gads I can see myself morphing into an instant gratification addict and tax-paying citizen of the United States of Entertainment. Saint’s preserve us.
9
Dec
2010
Posted by Ted. No Comments
After some weeks of backing and filling we’ve posted the new “Drummond Geometry in One Lesson,” a quick-start, kick-start, top-level, executive summary. boiled-down, just-the-facts-ma’am, once-over lightly sort of course, that solves what has been a major problem for us, namely, how to help a trader who is intrigued by the publicly available information but not quite ready to plunk down $4k+ of his hard-earned sheckles to find out more. Now we have an answer… the “Short Course”, as we have come to call it, fills the bill very nicely. In something under three hours one can get a solid start on the Drummond Method, and for a very reasonable tuition.
I’m glad it’s done, and I hope peeps like it. We had a lot of fun with the video graphics… sort of floating/swirling screens that lead you into any of the thirty-some instruction sections. Took a lot of wandering around in the dark bowels of flash coding to get it to work…. but Glory be they are good lookin’
7
Nov
2010
Posted by Ted. No Comments
I have a friend who is always saying “give me the deets” when I tell her of some recent exploit.
And she’s right, it’s all in the deets.
So… fixing up the deets this week. Changing chart colors, adding links, testing algorithms, tending to mailing lists, repairing the zen cart integration, tacking down the free-symbol twin of the DF site, and , oh, yes, eating what I kill.
Taking the trades is part of the deal of putting up signals methinks. And so far so good. With my trading style I’m content to get the trade off to a good start and then we’ll see about the target another day. Successful trades on @us and @ty last week, and also GBPJPY. The latter is now triggering double signals to the downside so I am an interested player again. If I shoot the bear I get to eat him, right?
Oh and also I have a new definition of deets that I like a great deal: “The primal essence of awesomeness.”
Count me in.
31
Oct
2010
Posted by Ted. No Comments
Nice note in today from a trader who is sampling the new service…
“I spent an hour or more looking at your new advisory service in detail. I think it is so much better than your first effort, because it is more geared to those who want to learn how to use DG, rather than people who want to just follow the commands of a signal service. Frankly, I find your new concept “out of the box” thinking, which will force your new traders to concentrate on learning one kind of trading, after another, after another so they can start believing in and perfecting their own skills rather than simply following signals from a service without knowing in depth why they are doing what.
“……I can’t believe the lengths you have gone to, to help people like me learn and perfect their DG trading skills. Before, when I was trading using DG, and particularly when using your last signals effort, I quickly came to the conclusion that I did not have a strong enough foundation in DG to really know what I was doing, and I was, therefore, in a sense, gambling rather than trading the system with a complete knowledge of knowing what I was doing. I find your new concept is so much better because your students can learn both the theory from the lessons (which I believe are excellent) and how to use that theory in practice (by where to place stops, etc) and your also giving them “yes” and “no” of trending swing trades, congestion exit swing trades and triple dot pushes, so they can see when things are going the way they expect, and when things are going off the rails, so to speak. In short, how to use DG, rather than having to rely on a service to tell them what to do.
I think my friend really does capture what we are about here… we aim to support the trader but not replace him, and “thinking for yourself” is indeed the basis of all good things in DG land.