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I don't trade stocks, only FX and the ES. Anyway, back on topic!

There is no need for the abuse. Have you ever followed his method?

See attachment!

The following trades were made using the Jack Hersey method. If his system performs like this why are so many people knocking him? 50,000 Entry Date Exit Date Score Symbol Shares Entry Shares Exit Profit % 01/10/2004 04/10/2004 0 HANS 400 25.1 200 26.44 $268 5% 50,268...

Spot on! It takes balls of iron to repeatedly pick one self up after loss after loss. But that is the price (for most) of tuition. Only the truly deviant would persist through such adversity & pain. So I agree that only the 5% are capable of repeatedly f**king up in order to learn the art...

I don't know a thing about Jack's reputation (except for what I have read in this thread) but based on his post this chap definitely understands the market. I don't know if he understands himself or whether he makes a profit (how would I afterall) but he certainly understands the market.

Huh? You've only been registered on ET for about four weeks?

Who do you think is paying for the kid's private education?

spades434! IGGED!

I think we'll see 300k before 400k. I love Fibonacci! P.S. YES! I am suggesting that one can ascertain one's emotional trading state by analysing one's equity curve.

Look! There is no point asking for help on this forum. Most folks that post on ET are losing money just like you and your post simply helps to make them feel better. At the end of the day the market is efficient. It efficiency moves money from those who are controlled by their emotions...

Sell your arse! I understand that there is a large market at the moment.

The return of Jesus!

Method/System building using Simulink would be great to know.

I bet you're a broke arse trader!

You're probably correct but how will he become ready unless he trades? Practically all-new traders have to pay for their tuition this is generally unavoidable. After all, most traders have blown their accounts from one time or another. Increasenow's postulation is logical and sensible...

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Spelt 'ideology' you fucking dunce!

Obviously! The number of bigots on ET amazes me. There should be a policy prohibiting such posts.

Krugman is spot on! You're obviously a bull and full of bullS!