jack hershey and others..

Quote from SpunkyTrader:

Do you have any drills or practices a trader can do to help stay mindful in the NOW and execute their trading plan without fear?
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"The only thing we have to fear, is fear itself."

FDR said that in 1933. Think about that statement. There is a lot of truth there.

You can't escape fear. It will always be with you in a trading environment, and to some extent in any environment in which you can't control or predict the future.

So the best thing you can do is to face it and let it happen. Understand it. Know when it's coming, and let it come. It will be your constant companion.

So screw it. Let it be, and don't let it push you around.

The next time you feel it coming, say "Welcome back. I knew you were coming, so stick around. You won't bother me."
 
Quote from RedDuke:

Hi Jack,

The answer is simple, anyone who sticks around here for a while realizes that there is no proof anywhere that you ever successfully traded in public. I believe someone posted a while back they you joined some trading contest 6-7 years ago and withdrew after 20% loss or something like this.

I respect yours and Spyder's dedication, however a live demonstration would dot Is and cross Ts.

One needs 1 year at a minimum to learn SCT for example. Anyway, you obviously do not owe anything to anyone.

Regards,
redduke
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Thank you for your input.

the PhD's did communicate with each other and agreed upon a plan. I can see that the chat room, the PVT calls and trades for over a year, the oraganized learning plan for SCT and the answers to q's never did leave any impression with anyone. My recent prints achieved the same rectioins.

The contest was always a good hook for detractors. The 13 participants all quit and the contest continued to record the positions than could not be deleted. The expert searchimg found out what happened. The loss was 24% when the contest ended.

Few weeks ago I did a contest (the bighog set of rules) and found that I met the goal in 34 days. I couldn't keep up with the rule changes after page 2 of the thread. So I failed again in a contest.

The combine requirement placed upon me to participate is unreasonable. I'm not going to lower my effectiveness and efficiency to some mediocre high risk requirements imposed by a bucket shop owner. And as far as its phishing component and who owns what, it is insipid as well.

Those who participated in verifying my 17 point net on 100,000 shares certainly were satisfied that they reported out the facts on that profit taking. So were the recipients of the profits.


Your post is a good measure of how the public views me. It serves as a good filter to keep a given class of traders away from me. what is great about filtering away detractors is is that the filter does not have to be accurate; all it has to do is keep detractors from asking Q's and wasting my time.

those who acknowledge that I have been helpful as they developed their systems, I appreciate. It just means to me that there is a place where a sensitive observer of these people' success can have a little indirect help in getting on his/her way to success.

I view things econometricly. My MAT trading costs me little to be able to automatically help those who are helping others. Our two portals are filtered intakes for those who will be using money to solve problems via their skills and for those who will being using their MAT's to provide money to problem solvers.
 
Hi Jack,

A while back you posted a partial log and TN annotation for 8-2-13. I am really struggling to see how bar 4 was labeled a C turn. It is also labeled a Ba band pass, which I can see but isn't a Ba turn an incomplete trend? When you have time could you kindly post the MADA process for taking a long on the close of that bar. Thanks
 
Quote from bh_prop:

Hi Jack,

A while back you posted a partial log and TN annotation for 8-2-13. I am really struggling to see how bar 4 was labeled a C turn. It is also labeled a Ba band pass, which I can see but isn't a Ba turn an incomplete trend? When you have time could you kindly post the MADA process for taking a long on the close of that bar. Thanks
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I remember your post.

i replied and it must have been killed on the way to ET or a moderator could have deleted it.

I will check my saved posts and put it up again. Be sure to copy it since it may be canned again.

I located a copy of a beginner's notes (my name is on my copy).

I will post four scans of these pages which include two charts snagged from our big screen and two logs which are detailed on a beginner level.
 
Your post wasn't deleted. I asked you a different question that you kindly answered. This new question just came to me today. awaiting your response after market closes of course ;-)

Quote from jack hershey:

I remember your post.

i replied and it must have been killed on the way to ET or a moderator could have deleted it.

I will check my saved posts and put it up again. Be sure to copy it since it may be canned again.

I located a copy of a beginner's notes (my name is on my copy).

I will post four scans of these pages which include two charts snagged from our big screen and two logs which are detailed on a beginner level.
More...
 
here is a beginner's log for the open.

The carryover is at the top of the log.

Bar 1 was a carry over P2 test procedure on an price permission from the XB of price.

On bars 2 and 3 you see the negative logic theme that set up the C band.

For bar 4 you go to the B band through K band EE sheet as a simple consequence of the T in the T2P cell for the volume test procedure. As you see there are F's in all other places just to be thorough (incase of a "leftmost" decision making situation.

this facet also tunes the differentiated mind to look at just where the T2P is located. A band pass steps into the picture as a ranking priority.

Once you have the name of the EE it is written in the P3P column.

Now during the time available, the type of turn is examined.

Certainly, on the open there is the issue of taking the full offer of the market, so we bear down to make sure we are on the ball.

Notice the pressure exerted on writing in the c for the c turn. this person is "getting it correct. He even adds a little arrow between the two D's to tell himself just what is what.

He is in the correct Set for trend type. He is looking for the Ba band Pass in the "n" column. when he finds it he looks at n -1 column and confirms the n -1 has a corresponding turn for that Set type of trend.

then he goes to the extreme right side of the long and writes "go".

this means reverse.

He also notes "long". Long is the sentiment of the new hold.
 

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