Objections to SCT

[Trader666]

Nice try for someone of your puny intellect! Unfortunately for you, your attempts to please your master, Jack, are laughably obvious. Why don't you go post more lies about your "trading?" Looks like you need to boost your ego in your own mind.

Quote from Harold Balls:

And yet, 10 yrs and still you try! LOSER

 

[Trader666]

Really? Which is more likely? That Jack truly is the market wizard he claims to be and generously dispenses his wisdom in thousands of posts on ET from his computers with CRT monitors in Liz's basement without ever showing a shred of proof of his flatulent boasts? Or that it's all a bunch of hooey and he attracts a never ending flow of newbies who need a guru?

Quote from maxpi:

What is really surprising is the amount of effort people will put into NOT having open opinions and doing due diligence, damn, it's freaking unreal. I'm seeing it everywhere nowadays. People damanding that Jack produce clear answers and a trading record..... it is strange what Jack does really, but does he really owe anybody a clear explanation and does he really have to produce proof? I'm thinking that if he doesn't want to, he doesn't really have to do much of anything along those lines.

 

[maxpi]

Quote from Trader666:

Really? Which is more likely? That Jack truly is the market wizard he claims to be and generously dispenses his wisdom in thousands of posts on ET from his computers with CRT monitors in Liz's basement without ever showing a shred of proof of his flatulent boasts? Or that it's all a bunch of hooey and he attracts a never ending flow of newbies who need a guru?

"Likely" is not a substitute for due diligence is it now? "Likely" really is a way out for someone with a closed opinion and refusal to do the work to discover. "Likely" is what my whole post was about I suppose. I'm thinking that with your "thinking" process what is really likely is that you are not making as much money as some of Jacks protege's.

 

[Harold Balls]

All the words in the world you can muster up will not take away from the fact that YOU have spent 10 YEARS obsessing over JACK HERSHEY and, after all that time, you have accomplished nothing. Me thinks its time for you to throw in the towel

Quote from Trader666:

Nice try for someone of your puny intellect! Unfortunately for you, your attempts to please your master, Jack, are laughably obvious. Why don't you go post more lies about your "trading?" Looks like you need to boost your ego in your own mind.

 

[maxpi]

Quote from Spydertrader:

Convoluted?

Increasing Red. Increasing Black. Decreasing Red. Decreasing Black.

You find four states of Volume complicated?

Trading off price alone also works, but adding volume doesn't complicate the system as you claim.

As much as I'd love to hang around and chat with you some more, there's a race on - Bristol.

Enjoy the rest of the weekend everybody.

- Spydertrader

I'm a technician/engineer by training, went to an unrecognized school for engineer education, had to work as a technician. I'm sort of math oriented and find that four states makes a nice, easy to understand, matrix. I'm starting to see that the objectors here don't really have a grasp of how math and engineering enables a person to continually simplify a horribly complex problem down to manageable pieces. It is natural for me to do that but these guys find it natural to beat their brains out in front of a screen all day maybe. They certainly are willing to put a lot of effort into NOT understanding something, maybe it just is a natural follow-on to their day to day experience?

In electronics, you take a circuit diagram and translate it into the Laplace domain and all of a sudden it is all so simple. It is a real eye opening, mind expanding experience to learn just how much a horribly complex design problem can be made quite simple. Jack is an engineer, I'm thinking that in a way he did a domain change to the trading problem and it became simpler. With the electronics, it is much harder to translate the problem back from the Laplace domain into the time domain than anything else. Engineers learn to think in the Laplace domain actually, or they did before they had computers to do simulations instead of domain translations. Maybe Jack took trading into another domain and he learned to think there and he knows that translating his thinking out of that domain is impossible really, and he just can't express what he is thinking in the real world but that people could pick up on it if they worked at it?

 

[maxpi]

Quote from Harold Balls:

All the words in the world you can muster up will not take away from the fact that YOU have spent 10 YEARS obsessing over JACK HERSHEY and, after all that time, you have accomplished nothing. Me thinks its time for you to throw in the towel

I'm new to this struggle. This person spent ten years fighting with Jack?? Could have gone the open opinion-due diligence route in ten months.

 

[Harold Balls]

Crazy right? And when you think about how much EASIER it would have been to go that route, it just shows how ridiculous some peoples priorities are

Quote from maxpi:

I'm new to this struggle. This person spent ten years fighting with Jack?? Could have gone the open opinion-due diligence route in ten months.

 

[Trader666]

I have done my due diligence and you're talking out of your butt about that just as you were in your last few posts... nothing of Jack's that I've tested has ever shown even the slightest edge. I defy you or anyone else to show me something of Jack's that is quantifiable and does give an edge.

Quote from maxpi:

"Likely" is not a substitute for due diligence is it now? "Likely" really is a way out for someone with a closed opinion and refusal to do the work to discover. "Likely" is what my whole post was about I suppose. I'm thinking that with your "thinking" process what is really likely is that you are not making as much money as some of Jacks protege's.

 

[Harold Balls]

And what exactly have you tested with regards to the ES?

Quote from Trader666:

I have done my due diligence and you're talking out of your butt about that just as you were in your last few posts... nothing of Jack's that I've tested has ever shown even the slightest edge. I defy you or anyone else to show me something of Jack's that is quantifiable and does give an edge.

 

[Joe Doaks]

Maxpi, you and I are probably closer in background than most any other pair of posters here, but I gotta tell ya, ya can keep your Laplace domain and I'll be happy to digitally construct whatever impulse response I want to get the output I want. IMO, in trading, you want to focus on the impulse response, not on the frequency response. Not that that was remotely relevant to your post, just venting.

In just about any endeavor I can think of that is susceptible to transform analysis, first you want to walk up to it and whang it with a big hammer. Jack whangs the case when he should whang the circuit. He whangs the stand when he should whang the structure. He whangs the sink when he should whang the pipes. He is so busy whanging the infrastructure he doesn't learn what he needs to know about the SYSTEM.