Duref Mudgins Invites Jack Hershey to Reminisce

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Humor is to satire as adolescence is to maturity. Jack has already weighed in on where I come down on both scales. As to cynicism, any semi-untelligent person cannot escape it after even the briefest pee-rusal of ET postings. Amateur traders support an impressive scamdustry, within which ET plays its own immodest role. As does Jack, albeit unwittingly. If I were a trading industry mongol I would send Jack fresh flowers and old whores. He could smell whichever he chose.

In trading, cynicism leads to critical thinking about systems. But cynicism is a productivity killer, alas ("What's the point?"). You are welcome in arrears.
 
Todd asked me recently in a PM if I enjoyed leading B-Team trolls around by the nose in anti-SCT threads. I do! Thanks to you all for entertaining a dying old man (me, not Jack). Par consequence I am dying slower than by all rights I should be. Those few of you who trade, trade well today.
 
Quote from Duref Mudgins:

Humor is to satire as adolescence is to maturity. Jack has already weighed in on where I come down on both scales. As to cynicism, any semi-untelligent person cannot escape it after even the briefest pee-rusal of ET postings. Amateur traders support an impressive scamdustry, within which ET plays its own immodest role. As does Jack, albeit unwittingly. If I were a trading industry mongol I would send Jack fresh flowers and old whores. He could smell whichever he chose.

In trading, cynicism leads to critical thinking about systems. But cynicism is a productivity killer, alas ("What's the point?"). You are welcome in arrears.
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Thank you for your crisp and clear answer. Interesting comparison. Is there an hidden assumption that people somehow have to become angry while getting older?

I can not understand the second passage of your response. How can a cynicism lead to something productive (critical thinking) if it is " a productivity killer"?

TIA
 
Here is a video of a tick replay of the ES price volume relationship.

Video shows when price fails to get the volume levels that it had when it reached point two, price fails to reach left trendline.
A traverse towards the right trendline forms, then increasing volume has price exit the down channel.

http://www.screencast.com/t/L0rCZmGW3

Posted in the Spydertrader Future journal.
 
Gucci, I am sorry, English is not my preferred language, I just speak and write it better. In my head it is possible for a single quality like cynicism to have two or more effects, because I have multiple personalities. An upbeat algorithmically-curious personality wonders "Why the fuck did that happen?". A battled-scarred downer personality says "It doesn't make much difference what you do, they see you coming and know where you are."
 
Quote from Duref Mudgins:

Gucci, I am sorry, English is not my preferred language, I just speak and write it better. In my head it is possible for a single quality like cynicism to have two or more effects, because I have multiple personalities. An upbeat algorithmically-curious personality wonders "Why the fuck did that happen?". A battled-scarred downer personality says "It doesn't make much difference what you do, they see you coming and know where you are."
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That was funny! Thanks for the entertainment! Your english is definitely better. I hate assumptions but somehow can not resist this one:" Your german is much better then your english". But I like questions. May I ask one or two more? They go to the upbeat algorithmically-curious personality :"What do think about the word reciprocity? Can it cure the seeming flaw in the logic with respect to cynicism?

Thanks as usual.
 
Quote from gucci:

I can not understand the second passage of your response. How can a cynicism lead to something productive (critical thinking) if it is " a productivity killer"?
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Cynism limits the range of "possibility thinking" because it is critical of anything being presented to it.

However, after a process of winnowing through massive amounts of shit, you may be able to discern what is of value.

For instance, most people say that what Jack Hershey and his Crew are expousing is absolute bullshit, but at least one person claims to have gotten some type of value from it and is applying that knowledge to his real world trading. It also has many key points which exemplify good discipline and trading habits.

At the very least you can learn to effectively draw trend lines and channels, and I have seen at least one chart which utilized the concept of multiple-time frames to reference their trades.

See, there's a lot of good stuff around here, but you at least have to know something to be able to spot it and apply that knowledge.
 
Reciprocity as a word has a curious reciprocal quality to it. For example, does a reciprocal engine evidence reciprocity? Can it be said to reciprocate? Like me liking French better than English, but being born in the wrong country and learning it too late to speak it well. But regardless of the clever banter, when trading one should cultivate the state of "no-mind" to expand one's cynical perception of events.
 
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