Jack Hershey's Drill number 1

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Quote from gerry875:

yeah - Scientist - he was the no.1 smarta** of all times her on et - somebody in his early 20's who is probably the best trader who will ever live on this planet.

... believe whatever he says.

Ive noticed that the same people who like Jack like Scientist and those who despise Jack despise Scientist. Its kind of interesting. They are both egotistic, strongly opinionated people and a lot of people cannot handle this, I guess. When I first ran across Jacks posts I immediately joined the B team and made fun of him as I thought he was crazy.
 
Quote from easyrider:

Ive noticed that the same people who like Jack like Scientist and those who despise Jack despise Scientist. Its kind of interesting. They are both egotistic, strongly opinionated people and a lot of people cannot handle this, I guess. When I first ran across Jacks posts I immediately joined the B team and made fun of him as I thought he was crazy.

well - yes - you are right i think.

the question is - are you stable enough to still think he is mad (which is a fact in my eyes) after you've read his nonsensical drivel - or are you so unstable that after a certain time you think he is a genius - probably just because he must be, since what he tells is so weird.

whatever
 
Trader666 does not believe my 600% in two years claim and I will make it even more unbelieveable by adding that the majority of the 600% has come in the last year. I made over 6k last week some of which I posted executions for shortly after they happened. That was an average week. I have posted numerous trade sheets which Traders666 says I fake even though they were posted shortly after they happened so it is apparent that some people will never believe anything under any circumstances. Almost all of what I trade is directly attributable to what I have learned from Jack.
 
Quote from easyrider:

Trader666 does not believe my 600% in two years claim and I will make it even more unbelieveable by adding that the majority of the 600% has come in the last year. I made over 6k last week some of which I posted executions for shortly after they happened. That was an average week. I have posted numerous trade sheets which Traders666 says I fake even though they were posted shortly after they happened so it is apparent that some people will never believe anything under any circumstances. Almost all of what I trade is directly attributable to what I have learned from Jack.

Congratulations on your success Easyrider. It was often said that the critics would shut up after someone "put up". You've done that. Thank you. Chick.......
 
Quote from easyrider:

Trader666 does not believe my 600% in two years claim and I will make it even more unbelieveable by adding that the majority of the 600% has come in the last year. I made over 6k last week some of which I posted executions for shortly after they happened. That was an average week. I have posted numerous trade sheets which Traders666 says I fake even though they were posted shortly after they happened so it is apparent that some people will never believe anything under any circumstances. Almost all of what I trade is directly attributable to what I have learned from Jack.
And that, friends... is the nail in the COFFIN! All this is off the initial plateau, let alone an SCT plateau... What of all the subsequent plateaus. That is not even percievable to prop traders let alone independent traders... I didn't even know that it was common for traders to yell out their screens much like in a horse race... I have talked to a wide range of them and the discussion always wind up being a waste of time (ie. no bites)! So BE it!

Folks can just go on thinking about what they know as opposed to working on what's possible. It most all endeavors, failing to recognize what's possible is the end of the line.

If one cannot percieve it, one cannot achieve it!!!

MAK!
 
Quote from easyrider:

In an article linked on a recent thread here Taleb talks about what he learned in the months he spent in the pits talking about how the locals, led by the stronger players move from squeeze to squeeze. They take it as far as they can in one direction then take it back the other way. If you can detect these shifts as they are occuring you can front run them but you are talking expert level monitoring skills which most of us will never attain.

This is a skill well worth developing if you're a scalper as sentiment is a leading indicator. Price is a derivative of market sentiment, and volume is a confirming indicator to price.

Look into subscribing to a service that provides pit noise. I primarily trade the dow mini and use pit noise with TICK. When the tape speeds up, pit noise increases and TICK spikes to a new high, the market pretty much overextends itself within a few bars (I use 3 min bars for entry/exit). Works great if you also have a good feel for support and resistance levels. I lean on these intraday although I'm working to move more towards swinging multi-day moves lately.
 
Quote from makosgu:

And that, friends... is the nail in the COFFIN! All this is off the initial plateau, let alone an SCT plateau... What of all the subsequent plateaus. That is not even percievable to prop traders let alone independent traders... I didn't even know that it was common for traders to yell out their screens much like in a horse race... I have talked to a wide range of them and the discussion always wind up being a waste of time (ie. no bites)! So BE it!

Folks can just go on thinking about what they know as opposed to working on what's possible. It most all endeavors, failing to recognize what's possible is the end of the line.

If one cannot percieve it, one cannot achieve it!!!

MAK!

The nail in the coffin? Let's see if I understand this... easyrider posted on a free internet forum that he turned $5,000 into $200,000 in two years and that proves something? Even though his posting history prior to that shows no indication of that kind of success? Has it ever occurred to you that someone living in a cardboard box on the street can access the internet from a public library and claim they're making 4% to 7% a day?

BTW, it's actually closer to 530% and it's per year. Since he's now up to over $200K, all he has to do is stay on track at the same rate and he'll be a billionaire in less than 5 years and a trillionaire in less than 9 years.

You guys are making such a killing, why don't you just buy ET from Baron and ban the B Team? While you're at it, why don't you also buy Microsoft and make them put all their people to work automating SCT? Then you can take over the world in, I'd say, 10 or 15 years tops!

If one cannot perceive it, one cannot achieve it!!! (I've corrected your spelling but you can always buy the English language and change it).
 
Your creed: to ban those that don't agree with you (or you don't agree with), to shut them up, to run them out.

Jack's and his followers' creed is to get better traders themselves, and to share their knowledge freely, not to ban anybody, even their de(dis)tractors.
Quote from Trader666:

...
You guys are making such a killing, why don't you just buy ET from Baron and ban the B Team?
...
 
You have 70 odd posts and almost every one of them is an attack on Jack. From the first you exhibit an extensive knowledge of previous posts so it is obvious you are a long time poster who has taken on a new nickname so that you can attack under the cloak of anonymity. Why dont you have some balls and tell us your other nicks?
 
Quote from cnms2:

Your creed: to ban those that don't agree with you (or you don't agree with), to shut them up, to run them out.

Jack's and his followers' creed is to get better traders themselves, and to share their knowledge freely, not to ban anybody, even their de(dis)tractors.

That's NOT my creed but I get the impression from YOUR posts that you don't think there should be opposing views, which I addressed here:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1086395#post1086395
 
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