Objections to SCT

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Quote from windwalker:

Who amongst the big winners (or even moderate) in the P&L 2007 thread trades your method Jack.

Why do you act like such a coward over this question?


Coward??

You're posting under a fake handle to take cheap shots at Jack.

LOL!!
 
You need a hobby though. Seriously man.

All this hate is going to eat you from the inside out.

Put on some Grandfunk Railroad and just stone cold grove, bro!!
 
Well, now that we are all friends...

What have we learned?

1. That SCT is just a rehash of TA techniques of questionable value that have been presented as the holy grail.

2. That 'always in the market' is similar to Drumond Math and SAR (previously very successful in volatile markets but not tradeable recently).

3. That Jack communicates the way he does to attract attention.

4. As a 'promoter' Jack's 3*H-L does not set any ET records. MarketMonk for example posted the following end of day totals:

Day 23 Trading Results
Total profit for today = 1,757,250
Total profit for the month = 8,343,713
Total profit for entire campaign = 8,405,833

That, my friends, was turning $5000 into $8 million in 23 days. Now that's entertainment!!!!!

Monk was also an 'always in the market' advocate so maybe Jack studied from the same book.

Fxxxx Sxxxx was very popular for a while with his claims of $100k daily profits; until an insider ratted on him. I think he is offshore now. Sad. I did so love his "I ... hereby declare that every trade of every contract I post in my trading room is real, and is executed on the CME ES market."

Jack calling for 2 1/2% a day and $10,000 into $15,000,000 within a year seems doable. No?

5. That anyone, promising outrageous results can post here and find a devoted and committed following ready, waiting and eager to get on board.

I can see why nobody wants to post a blotter. Why spoil the fun! This can go on forever!! :)
 
Quote from slacker:



4. As a 'promoter' Jack's 3*H-L does not set any ET records. MarketMonk for example posted the following end of day totals:

Day 23 Trading Results
Total profit for today = 1,757,250
Total profit for the month = 8,343,713
Total profit for entire campaign = 8,405,833

That, my friends, was turning $5000 into $8 million in 23 days. Now that's entertainment!!!!!


Cant resist...is that true?
 
windwalker proudly wrote:

ps: I just got a private message from Magna about posting the P&L question in the Spytrader journal thread and he confirmed there are NO SCT users posting profits

The guy I'm talking about, and I don't know him, was posting profits in the PNL thread for a long time. He is now learning SCT. I do not know if he is profitable. I do know this: You have problems.
 
Who amongst the big winners (or even moderate) in the P&L 2007 thread trades your method Jack.

I don't actually have a problem with what you've said but given the magnitude of the claims you'd think that someone would be able to demonstrate that they're real.

Fourth attempt.
 
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