24 single looking to go full time into day trading

Like ScottD, Neoxx and RoughTrader?

1) ScottD -- why hasn't ScottD posted an update since March when he said your "cash cow" isn't profitable?
http://www.elitetrader.com/vb/showthread.php?s=&postid=2462769&#post2462769

2) Neoxx -- you said Neoxx was doubling his money every three days when he was actually losing money.

3) RoughTrader -- your claims about his trading deflated each time I called you on it and he hasn't posted since May.

04-23-09 01:26 PM
"For SCT like trading, rough trader takes 1500 dollars to 94,000 dollars"
http://www.elitetrader.com/vb/showthread.php?s=&postid=2399521&#post2399521

04-26-09 06:51 PM
"Bottom line: looks like roughtrader makes 20,000 a month on two contracts average while scaling out of entries on his ATS"
http://www.elitetrader.com/vb/showthread.php?s=&postid=2403231#post2403231

05-22-09 07:28 PM
"Rough trader is only making a couple thousand a month on a couple of contracts. He needs to make one adjustment to make 20,000 a month. He needs to add 18 contracts to his trading cars"
http://www.elitetrader.com/vb/showthread.php?s=&postid=2437715#post2437715

Quote from jack hershey:

The record is clear by now for many many people using our methods.
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Quote from Trader666:

Nutrisystems? Not sure what you're talking about but I do remember posting your failed NTES trade.

Remember the screenshot from your camtasia, along with what the stock did afterwards?

Remember how you bragged about that trade soon before it went south?
<a href='http://www.mediafire.com/?0ielxnmeiro'>http://www.mediafire.com/?0ielxnmeiro</a>

attachment.php
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Yes you are correct. That chart is NTES (chinese gaming corp) and was not Nutrisystems. She did dump it at slight profit after meeting. (After meeting means the next day.)

Do note the cheater volume MA on the chart; it acts as a flapper when using the "unusual volume" mentioned in the camtasia and illstrated transcription entitled "Putting the Pieces Together".

Thanks for the correction and posting the volume MA.
 
P.S. You're right that the record is clear... both now and in the past. At least you're consistent :p

Remember these people from Harvard? They came up empty handed after trying to decipher your "teachings" for more than a year, starting in 1999. Look at posts # 1 and 2 here:
http://groups.google.com/group/misc..._frm/thread/e21428336d0962ed/4088dacd0b5143e7

Now look at how they felt over a year later.
...I don't understand why it's not possible to verify such a successful futures trading system if it is based on objective rules. My own attempts to automate the system have been frustrated at every turn by an enormous problem that is apparently only resolvable by gut instinct... I have spent a great deal of time respectfully reading and thinking about what you have written, but mostly what I feel now is frustration.
http://groups.google.com/group/misc..._frm/thread/ccc785d53a418f8a/ad6210f80809669d

Quote from jack hershey:

The record is clear by now for many many people using our methods.
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Quote from jack hershey:

As pointed out previously only results are proven. Those who get my commissions and fees and bones also get to see what the results prove.

You are dealing in claims and you want your collective noses rubbed in claims by someone doing something for you. Were I you, I would review the past calls and results. You could do that for anyone you choose. The record is clear by now for many many people using our methods.

Those that use my methods have results as well. The Tdog poll proved (by voting) that they had results. It may be possible that some people cannot trade and some people vote erroneously. If that is the case, then those people stop trading after a while. They make their own determination when to quit after encountering repeatd failure.

What markets show (and especially zero sum markets) is that there are winners and there are losers. You may wish to find some winners to emmulate. The 10 or 12 I like best are the guys who sit in on the panels called "great traders you have never met" at Traders Expo. Another way to get acquainted with great traders is to attend presentations and lurk around the guys who ask great questions. Near those people and in conversation with them you will met some great traders.

I remember a person who asked John Netto a couple of zingers in San Diego a couple of years back. He asked if she would be on the panel next time....LOL.... You have posted one of her charts recently. It was her fifth trade on Nutrisystems which she netted out of at a small profit (she did the four priors at an average of 30% net each)... Netto learned the 6ma on volume from her. I betcha you missed the tell on that one..... LOL
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so many words, so little results
 
Lo has a new book out. As usual it is co authored.

He devotes thirteen chapters to people he determined had views on TA.

Chapters 14 through 20 review some aspects of the mysteries of TA. Elsewhere, I posted a peek at the sub chapter contents.

There is a possibility that you may gain something from reading the booklet.

Apparently, I have been neglectful in posting the details of what frustrates some people. And what might possibly be the solution to the frustration.

If you can, get out there and meet a few experts. By engaging with them routinely and frankly, you may get some valuable insights into how people trade successfully and also enjoy it too.

When I post I often use references to authoritative sources of aid for people who are on quests to learn or prove something.

You have made a great contribution to ET. Jim Fowler did a lot too. Each of you came to different conclusions about the same thing.

There are many spheres of interest out there regarding the financial industry and its theme of making money. Most often there is little overlap from one sphere to another. But many of them make a lot of money continually.

Try reading "Musicophilia" by Oliver Sacks, something might trigger in your mind about something or other. Try to do a read in "Mindfulness in Plain English" by V. H Gunaratana and see if any bells go off for you.

Luckily everyone is smarter than everyone else. It makes the world go round, apparently.

People have gone to the extent of giving you phone numbers to call to get the poop straight from the horse's mouth. So far you haven't.

Keep up the great contributions you make. People like you have a lot to offer.

Why is it you do not do intraday trading?

Have you tried out the "unusual volume" in "putting the Piecs Together"? The Qcharts guy certainly didn't have the one pager in mind when he designed the unusual volume equation for sorting lists. Why do you think Jim Fowler didn't come up with unusual volume as a sort? One thing I really like about the unusual volume one pager is that the rules and lookup table are too difficult to make into an ATS.

Who will be the first to automate it? Will computers of the future be able to automate the one pager? I don't think so. It won't be Harvard or MIT will it?
 
Quote from Trader666:

He most certainly is! :p

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2513155>
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Aaaaaaaaaaahahahaaa


He really is a Jack of no trades :p
 
Quote from R. Raskolnikov:

Excellent work Jack, right on the button. *SLURP SLURP*
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The Swordsman (R. Raskolnikov) is a great example of the stages a Hershey trader goes through while studying Jack's "teachings."


Stage 1 -- Eagerness and Ingratiation

licking my chops as i only get better yes, agree jack and spyder are great, jack is a little tough to follow but his teachings, once untangled, are very helpful!
http://www.elitetrader.com/vb/showthread.php?s=&postid=1563544&#post1563544

Stage 2 -- Delusion and Defensiveness

Im sure you probably didnt know this but actually on the very first page of the "Spydertraders Jack Hersheys Futures" thread there are links to many pieces of info for people to do their due dilligence first, ranging from the terminology to concepts to just basic background info. Anyone who read that stuff and continued on would never been seen as following a guru blindly. And it cleary states that one should read all the associated links before moving on.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1862711&#post1862711

Stage 3 -- Denial

I've repeatedly told you I don't trade SCT only that I asked some questions over a year and a half ago
http://www.elitetrader.com/vb/showthread.php?s=&postid=2082939&#post2082939

Stage 4 -- Acceptance

Not once have I ever spoken to Jack Hershey and for all I know he's a shitty trader like you all say.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1753104&#post1753104
 
Quote from jack hershey:

If you can, get out there and meet a few experts. By engaging with them routinely and frankly, you may get some valuable insights into how people trade successfully and also enjoy it too.
More...

Well if you are in any group of "experts" such as a group of 3, that means there is 2 experts in the group.

Sorry, Jack, but by now you should be able to tell that quite a few dozen ET posters (not counting Mr. 50 alias) think you are nothing but an empty short

You fear auditing like a claustrophobic fears dark closets. You have Auditaphobia.

Not a single redirect you have ever tried is convincing.

You talk academia and point to experts and use long diatribes. But nothing you ever say is credible. Several people challenged you mano a mano. You refused.

In other words, you cannot trade, and desperately fear anything that would demonstrate this.
 
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