Grob, his methods and his followers

[1000]

Quote from bsmeter:

You have your nose so far up KAKs ass you'll need this!!


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As I mentioned before, instead of regurgitating what others write, trying thinking for yourself. In the meantime stick to flipping burgers! LOL!

http://www.jokaroo.com/funnypictures/osamatoiletpaper.html

I prefer this, anyway that's as much as I know about paper trading. May be you might want to teach me how to paper trade?

 

[crazycanuck]

I followed jack's methods for both swing trading equities and day trading futures. The equities trading works really well....if the market timing is bullish or turning bullish.

The day trading of the futures market is a whole other ballgame. Jack attempted to spend an hour or two every day in real time on Paltalk with a group of us. Things did NOT go well for his realtime trading. It was summer time dry spell though. Health issues came up, either with himself or his wife, i can not remember. Jack promised to come back in the fall. He did not...and never dropped in to say why or to indicate that he could not continue with his grandiose plans. He is free to do as he wishes and I hold no ill will, just telling it like it is. I incorporated parts of his methodology into my own trading, and it has been a benefit. I thank him for this. But he did not show success even with his "rocket" trades in real time and there was a sizeable amount of trades to make the sample size significant. I no longer post much in ET, and now trade currencies exclusively. Thanks for the additions to my trading Jack. The purpose of the post was to illustrate my experiences with Jack and his methods....no flamming intended.

 

[Bearbelly]

I believe SCT is mostly theoretical, something Jack has been working on for a long time but has not perfected yet although he would have you believe he has for some obscure reason. A lot of what he says makes sense to me but catching every turn does not. If the swings are wide enough and smooth enough it may be possible to catch most of the moves but I dont see how you can avoid the many whipsaws that occur at these points that will chew you up on most days. Rustrader made an interesting post about the problems he ran into. Notice especially the last sentence.

http://www.elitetrader.com/vb/showthread.php?s=&postid=1202927#post1202927

 

[BlowFish]

Quote from bsmeter:

Anyone who trades intraday for a living without using high frequency automation will tell you taking out 3 X daily range in any futures markets is an impossibility. Anyone who suggests otherwise without making an effort to prove it should be tarred and feathered in public.

Kinda depends. I have watched guys scalp and take 3 X the hourly range in an hour. Thats gotta be harder.

Its hard (maybe impossible) in strong trending markets but doable if the market is swinging around on the timeframe you are trading. Seems like Index futures swing around a lot.

Does it sound quite so impressive if someone says I took 3 times the weekly range one week? Same sort of deal its just about the time frame you are focused on.

I should say I dont take multiples myself but if I wasn't such a good for nothing plan deviating *&^%$ pot I can see how it wouldn't be hard on some days. For example today the DAX went down up down almost from days High to low and was rising again when I quit.

Dosent really matter except from a personal satisfaction point of view. Steadily increasing contracts seems like the easier option.

Cheers,
Nick

 

[bsmeter]

Quote from BlowFish:



Steadily increasing contracts seems like the easier option.

Cheers,
Nick

That's the only option. Intraday trading is not about trying to make 3 X daily range ( you can't!! ), it's about being consistent. If you can make .025 X the daily range consistently everyday, that's all you need to be the next george soros. Just scale up to 1000 or 10,000 contracts.

Only a jack ass loud mouth non-trader would run around claiming he makes 3 X the daily range everyday, using ( of all things) lagging stochastic indicators. LOL!!

 

[bsmeter]

Quote from 1000:

[B

I prefer this, anyway that's as much as I know about paper trading. May be you might want to teach me how to paper trade? [/B]

You're a jack ass intellectual wannabe, try an IQ upgrade at your local Jiffy Lube first. In the mean time if you want, I can teach you how to play fetch.

 

[1000]

Quote from bsmeter:

You're a jack ass intellectual wannabe, try an IQ upgrade at your local Jiffy Lube first. In the mean time if you want, I can teach you how to play fetch.

OK, teach me how to play fetch, I want to learn how to play fetch, and then you can teach me how to paper trade also.

And just like the loser Dems, you now want to trade insults, surely the mark of a loser.

Let's see your real trading log. Or may be you just did show it?

Quote from bsmeter:

You have your nose so far up KAKs ass you'll need this!!


<a href="http://imageshack.us"><img src="http://img227.imageshack.us/img227/1844/tprd0.gif" border="0" alt="Image Hosted by ImageShack.us" /></a>


As I mentioned before, instead of regurgitating what others write, trying thinking for yourself. In the meantime stick to flipping burgers! LOL!

http://www.jokaroo.com/funnypictures/osamatoiletpaper.html

 

[ktmexc20]

Quote from 1000:
OK, teach me how to play fetch, I want to learn how to play fetch, and then you can teach me how to paper trade also.
And just like the loser Dems, you now want to trade insults, surely the mark of a loser.
Let's see your real trading log. Or may be you just did show it?

Oh yeah... My dad can beat up your dad.

How old are you guys anyway?

 

[1000]

Quote from ktmexc20:

Oh yeah... My dad can beat up your dad.

How old are you guys anyway?

Oh yeah.....and I guess that is your real trading log......at least it's sounds better than BS meter's!

 

[Tums]

Quote from bsmeter:

That's the only option. Intraday trading is not about trying to make 3 X daily range ( you can't!! ), it's about being consistent. If you can make .025 X the daily range consistently everyday, that's all you need to be the next george soros. Just scale up to 1000 or 10,000 contracts.

Only a jack ass loud mouth non-trader would run around claiming he makes 3 X the daily range everyday, using ( of all things) lagging stochastic indicators. LOL!!

paper trade exchange can fill 10,000 contracts in a blink.

Newbie wannabee who has never traded with real money do not understand that.

Caught you red handed !!!
;-)