Spydertrader's Jack Hershey Futures Trading Journal

[Spydertrader]

Spent the evening with the family after returning safely from Tucson earlier in the day. I plan to catch up on Email / PM / IM and posts by tomorrow evening, and plan to have the YM information up sometime tomorrow during the trading day.

- Spydertrader

 

[mephistoII]

Couple quickies:

Pr0crast - I, too, wish to say "job well done" for your excellent compilation! Thank you!

Spyder - welcome back! We're all chompin' at the bit here ...

 

[Tums]

Quote from Pr0crast:

Congrats on making it this far!

Before proceeding to the next item on our syllabus, if you feel you need to review what has happened so far I encourage you to check out my compilation. Be aware that it is not a shortcut, and as far as I know nothing major has been left out (it is 147 pages). Print it, bind it, reread it, and stick it in a three-ring binder on your bookshelf as a reference.

To quote Spyder,



Enter ET/ftt_now as the username/password.

Spydertrader's Jack Hershey Futures Trading Journal Vol. 1 PDF

I hope you find this useful, and if you have anything that could be added, or if something needs to be fixed, just shoot me a PM.

-Pr0crast

I was exhausted just by reading the table of contents.

and this is only the first installment of many more to come !

Excellent work, Pr0crast. You sure did not pr0crastinate in putting this together.

 

[nkhoi]

other than one link from b9foot broken, the doc is a good read, especially the last page, thank

 

[makosgu]

Quote from Pr0crast:

...
To quote Spyder,


Time

Lastly, a beginning trader must understand the value of time and experience. If you have reached this point in the Journal and have not practiced locating the FTT's (using ES price and Volume only) for a minimum of 20 trading days, please do not continue reading past this point until you have completed the 'January' portion of the syllabus. Failure to take the time to build a proper foundation provides a recipe for certain failure. Allow yourself the time needed to absorb the material. The number one mistake beginning traders make (when learning a new system) is allowing their desire to reach 'Expert Level' Status to override their common sense. Take the appropriate time to prepare yourself at each level, and do not rush the process.

And to this I would add one other point. Alas I would add...

Success

As a trader, it is important to experience success at each and every level. Having a successful foundation to build upon enables the trader to have a point of reference. BEing successful is a dollars and cents measure. Moving forward beyond this point without establishing success can ultimately lead a trader to frustration, as evidenced by many previous futures threads. Frustration comes about as a result of repeatedly failing to experience success. A frustrated beginner furthur digs themself into a hole by proceding to the next level with the belief that the acquisition of additional tools will complete what they percieve to be an incomplete toolset that is not yielding any success. P, V, and Channels are a complete toolset. The addition of the upcoming tools build upon the PV/Channel foundation. At each stage, it is imperative to find a sufficient degree of success.

Regards,
MAK

 

[Pr0crast]

Quote from nkhoi:

other than one link from b9foot broken, the doc is a good read, especially the last page, thank

Whoops... PM me page of the broken link and it shall be fixed

 

[callmate]

Enter ET/ftt_now as the username/password.

Spydertrader's Jack Hershey Futures Trading Journal Vol. 1 PDF

I hope you find this useful, and if you have anything that could be added, or if something needs to be fixed, just shoot me a PM.

-Pr0crast
---------------------------------------------------------------------------------
Thanks for the hard work. I'm unable to access the pdf file with the above username/password. I appreciate, others have been successful accessing it. I have tried on 2 different computers but still no luck.

 

[Pr0crast]

callmate, sign on to yahoo and I will send it to you that way.

-Pr0crast

 

[Lightbody]

Quote from Pr0crast:

Congrats on making it this far!

Before proceeding to the next item on our syllabus, if Vol. 1 PDF[/url]

I hope you find this useful, and if you have anything that could be added, or if something needs to be fixed, just shoot me a PM.

-Pr0crast

My trading comrad and I thank you for this awsome document. Thank you. I am sure I will make good use of it.

 

[callmate]

Quote from Pr0crast:

callmate, sign on to yahoo and I will send it to you that way.

-Pr0crast

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Thanks for your help this morning, Awesome document!