I continue to hold all shares of NDAQ until at least tomorrow morning.
- Spydertrader
- Spydertrader
Spydertrader's Jack Hershey Equities Journal II
- Thread starter Spydertrader
- Start date
- Status
Spyder:
After quite a bit of posting activity late last year I've been quiet lately as I've been travelling and have had to take a "hands off" approach for the last month or so. Nevertheless, I've continued to follow the journal and your results and what you and Jack (and others) have contributed have sped up my learning curve by YEARS.
I thoroughly appreciate everything everyone has contributed to a system that is documented to have generated positive results.
Its also to your credit that in almost 2 years of threads this has been one of the friendliest and open threads on the web. Its a shame to see some of the recent posts but hopefully we can all refocus on making good trades and helping each other out rather than responding or even acknowledging certain posts.
Congrats on, in my opinion, the best thread on this board - and thanks to you, Jack and others for sharing.
Mike
After quite a bit of posting activity late last year I've been quiet lately as I've been travelling and have had to take a "hands off" approach for the last month or so. Nevertheless, I've continued to follow the journal and your results and what you and Jack (and others) have contributed have sped up my learning curve by YEARS.
I thoroughly appreciate everything everyone has contributed to a system that is documented to have generated positive results.
Its also to your credit that in almost 2 years of threads this has been one of the friendliest and open threads on the web. Its a shame to see some of the recent posts but hopefully we can all refocus on making good trades and helping each other out rather than responding or even acknowledging certain posts.
Congrats on, in my opinion, the best thread on this board - and thanks to you, Jack and others for sharing.
Mike
I am a new member to the board. Currently reading the previous posts, trying to understand exactly what teh methodology is. You all have sure been prolific.
As far as coolweb is concerned, everyone is entitled to their opinion. If there are details that one disagrees with, then they should be specific and not just trying to tell everyone what they "know to be true" and how ignorant everyone else is for their beliefs.
Having seen this type of flaming on other boards, I have noticed that the best response is no response. Eventually, the "offending party" just goes away.
As far as coolweb is concerned, everyone is entitled to their opinion. If there are details that one disagrees with, then they should be specific and not just trying to tell everyone what they "know to be true" and how ignorant everyone else is for their beliefs.
Having seen this type of flaming on other boards, I have noticed that the best response is no response. Eventually, the "offending party" just goes away.
He never threw that number around, you did. Jack stated a group of traders had achieved 400% year to date (January, February & March). You then chose to extrapolate that number out to a yearly return. Just because someone does 400% in three months does not indicate that they will end up 1600% for the year.
You seem unfamiliar with posting factual data, so for the sake of clarity, lets just stick to what Jack did actually say, and not your interpretation of what Jack meant. Now, please enlighten the rest of us as to why these traders Jack mentioned could not have achieved these results, when spon (a new trader to this forum) posted a 9% gain on his first trade. Because other than posting your opinion that the claims were 'bullshit,' you have provided nothing of substance.
My interpretation of these events leads me to believe that since you haven't achieved these results, nobody can. Well, I haven't achieved 400% returns either, but after having achieved over 100% returns on extremely tight risk and money management, I can certainly see how 200%, 400% even 2000% returns remain possible.
The difference between you and I stems from a very simple concept, and with each post you amplify the disparity. You dismiss out of contempt that which you fail to comprehend, and talk down to others as if they somehow fail to measure up to your intellect. To borrow a phrase, 'vacuous in terms of ideas, contributions and support' describes you perfectly.
On the other hand, I have chosen a more enlightened path (what you call a religion), and one which provides me the opportunity to share with others the benefits of my experience. I make no claims to having all the answers, but then again, I do know the difference between respect and contempt.
Perhaps, you simply cannot understand the benefits of watching the transference of knowledge unfold on a daily basis. Perhaps, such an endeavor seems foreign and unworthy to someone of such vastly superior skills and experience. Perhaps, your parents simply didn't teach you manners. Perhaps, you hold some deep seeded resentment towards successful individuals. I do not know the reasons behind your obvious shortcomings, but I do know, you need to work on your people skills.
I wish you tremendous success in your future endeavors, but please, if you intend to contribute to the collaborative iterative refinement process proven so successful in this forum over the last year, show some respect to others. Your tired, old "I know more than everybody, and I am here to protect the new trader from bullshit" attitude has worn out its welcome. If you want people to take you seriously, you'll need to grow up.
Now, feel free to prove me wrong.
- Spydertrader
I think you have misunderstood me :
but personally <b>I don't care about newbies.</b>
Any posts that were structrued as help to the newbies were merely accidental mind dump posts.
All I care about is,
Grob would stop bullshitting about his group of homemakers and pharmicsts traders making 1600% returns while meeting twice a month sipping morning tea and eating biscuits.
When he mentions it, it makes me tingle inside enough for me to call him out or any thread he mentions it in
but personally <b>I don't care about newbies.</b>
Any posts that were structrued as help to the newbies were merely accidental mind dump posts.
All I care about is,
Grob would stop bullshitting about his group of homemakers and pharmicsts traders making 1600% returns while meeting twice a month sipping morning tea and eating biscuits.
When he mentions it, it makes me tingle inside enough for me to call him out or any thread he mentions it in
After reading some of the posts that bordered on flaming and Spyder's responses, I made a mental note: Don't flame Spyder.
FWIW-I continue to do well trading this method seeing returns similar to what I posted a few months ago.
I look forward to improving my skills.
Thanks to Spyder and all the others that contribute.
Doug
FWIW-I continue to do well trading this method seeing returns similar to what I posted a few months ago.
I look forward to improving my skills.
Thanks to Spyder and all the others that contribute.
Doug
To all the newbies reading the recent flames on this journal... I have been seriously trading this strategy for two weeks now and I haven't had a losing trade yet.
Do I expect that trend to continue? Of course not... I am going to have some losers along the line... but go and download Spyder's P/L spreadsheet from Journal One. He bagged upwards of 75% winners for an entire year.... go show that to a newbie trader, or hell, even an experienced one... they will be impressed for sure.
Spyder does use very tight risk management, he could easily increase his return with an increase in size... but he chooses not to, and that speaks the patience and discipline required to be a good trader.
All in all, this is a good journal... once you get the basics down, you can always come here to learn something. Cheers to continued success...
Do I expect that trend to continue? Of course not... I am going to have some losers along the line... but go and download Spyder's P/L spreadsheet from Journal One. He bagged upwards of 75% winners for an entire year.... go show that to a newbie trader, or hell, even an experienced one... they will be impressed for sure.
Spyder does use very tight risk management, he could easily increase his return with an increase in size... but he chooses not to, and that speaks the patience and discipline required to be a good trader.
All in all, this is a good journal... once you get the basics down, you can always come here to learn something. Cheers to continued success...
Dry Up Stocks
BNT CKCM IIJI NGAS SFCC
Bruno R Watch List
MEK NDAQ SIRF
- Spydertrader
BNT CKCM IIJI NGAS SFCC
Bruno R Watch List
MEK NDAQ SIRF
- Spydertrader
- Status