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!!
