Spydertrader's Jack Hershey Futures Trading Journal

[Spydertrader]

Quote from bundlemaker:

Specifically, how many fbo's of laterals fail and how many don't.

I won't even apologize up front for my comments, because frankly, you have to be the single biggest idiot alive on this planet not to understand the following:

By pointing out the relatively low number of occurrences existing when certain individuals described the events as 'frequently' occurring or occurring 'a lot' - one should easily see the difference in perception which allows a trader to alter their viewpoint. By pointing out reality existing in a far different state than perception, a trader can then see how easy things become when viewing the same situation from a different point of view. What once was 'frequent' now becomes 'rare' in the eyes of the same person.

Had you not lodged your head so far up your ass, you'd have grasped the lesson. Instead, you resort to troll like posts - providing no substance but containing nothing but inferred ridicule.

All sorts of people on two different threads (Equities and Futures) profit daily from these methods, yet you remain a failure. With every post you make, you remove any remaining doubt in the rest of the world's minds as to why the situation persists.

So much for that esteemed intellect of yours.

- Spydertrader

P.S. While I have not yet requested removal of a single one of your posts, your act has persisted long enough. Should you continue to throw your childish temper tantrums distracting the rest of the adults following along, I'll begin to encourage everyone to hit the complain button.

Time to grow the hell up, and stop acting like an asshole.

 

[Pr0crast]

Quote from bundlemaker:

For a method that is supposed to NOT be probability oriented, I find it amazing that we are now talking about numbers. Specifically, how many fbo's of laterals fail and how many don't.

For your viewing entertainment, the attached image shows the 4 laterals from the day so far, each one b/o's on increasing volume only to plow back aaaaallllll the way through the other side.

Bundlemaker you are wasting your time and everyone else's with these types of comments. If you focused your time on getting PT3s to work (if callmate and I can do it, you can) then you wouldn't be on your downward spiral towards B-team status. Try this: spend your time finding things that DO work, not things that don't. WTF good does this do you? Why get hung up on this stuff?

 

[bundlemaker]

I do not swear, call names, or the like. I'm particapating. I spoke with Magna and I was instructed to watch my tongue and NOT attack anybody or such like.

I am not, nor do I intend to do the above, EVER. Others apparently, hold themselves to different standards.

Among the many things I've been accused of is not doing "the work". This same person earlier told me that I did far more work at this than anyone he has ever seen. I continue to do the work as best I know how. WHen I report obvious inconsistancies with what has been said (even when I provide proof) I am "the cry baby".

It sure seems like I'm getting under a lot of people's skins. So be it. You'll notice I am NOT attacking, calling names, or the such. I am just reporting on my observations for others to compare with. If you don't like it, you are welcome to ignore me.

Attached is a chart of my annotations from yesterday. Note the arrows in the morning. They show entries and exits (roughly speaking) of the pt3 trades from the morning ONLY where increasing volume occurred. I apologize for the mess, all the annotations get confusing after awhile. The first arrow in a pair is the entry, second arrow exit. You will note that all three (when following forest level rules) end in a loss.

btw- for all the exclamations that there are all these people out there making money, no one has shown how it's done in real time. I have completed reviewing every chat log from Dec through March and have yet to see compelling evidence.

 

[Jander]

just a thought... all those trades went atleast 2 pts in your favor before you held on way too long. You had that one entry on the ftt that didnt work out, but you should have made atleast 6 pts.... why not work on your exits?

 

[cnms2]

Suggestion: try drawing more detailed gaussians. This allows me to better gauge the sentiment and sentiment changes.

Quote from bundlemaker:

... the attached image shows the 4 laterals from the day so far ...

 

[guavaman]

Quote from Spydertrader:

Should you continue to throw your childish temper tantrums distracting the rest of the adults following along

I strongly empathize with Bob's situation. I too ebb into the abyss from time to time, in fact Bob was kind enough help me work through one such period.

However, this tangent of his has morphed from constructive questioning to a nearly unbridled diatribe of negativity.This negative progression has become a distraction of which I resent having to entertain.

Trading is a taxing effort that requires a good deal of mental toughness. The market assaults me enough, I do not need to augment it efforts to derail me with yours.

My hope is that you find the proper perspective to employ this method, you have come very far. It would be a shame to stop now. But if you cannot, I would appreciate it if you exercised some self discipline and consideration for the rest of us and refrain from expressing all your negative thoughts in this Journal.

Additionally, to a person we all greatly admire and appreciate the utter selflessness of Spyder and further resent your attacks on him.

Good luck.

-guava

 

[bundlemaker]

Quote from Jander:

just a thought... all those trades went atleast 2 pts in your favor before you held on way too long. You had that one entry on the ftt that didnt work out, but you should have made atleast 6 pts.... why not work on your exits?

Thank you Jander, point taken. I was attempting to strictly follow the rules. In this case, the rules specify exit on break of RTL.

Pro, I believe someone else also pointed out I should focus on what works on not what doesn't. So, are you suggesting I look for something other than pt3's, as I have not been able to get them to work.

As for my FBO post, 4 out of 4 times in a given day doesn't seem to be inconsequential

 

[cnms2]

Suggestion: look at Spydertrader's charts, and look at others' charts carefully and notice the differences vs. your charts. If you don't learn to annotate correctly, you won't progress with this method.

On your chart I see no gaussians and a lot of carelessly drawn lines. I can't see how you could apply any "rules" to it.

Quote from bundlemaker:

... Attached is a chart of my annotations from yesterday. Note the arrows in the morning. They show entries and exits (roughly speaking) of the pt3 trades from the morning ONLY where increasing volume occurred. I apologize for the mess, all the annotations get confusing after awhile. The first arrow in a pair is the entry, second arrow exit. You will note that all three (when following forest level rules) end in a loss. ...

 

[Pr0crast]

Quote from bundlemaker:

WHen I report obvious inconsistancies with what has been said (even when I provide proof) I am "the cry baby".

Have you ever tried reading your posts out loud? They do not read like everyone else's. Yours are dripping with...... something. Indignation? Negativity?

It sure seems like I'm getting under a lot of people's skins. So be it. You'll notice I am NOT attacking, calling names, or the such. I am just reporting on my observations for others to compare with.

No, you are trying to stir the pot, like hypo, t28 et al. You don't *seem* to be trying to learn or get better, but rather to justify your failure by pointing out what you perceive to be holes in the methodology. Now, there's nothing wrong with pointing out perceived holes, but normal people do it by asking honest questions, keeping an open mind, and posting examples WITHOUT all the undertones and indignance. NOTICE how every time you post it ends up in one of these off topic mini flame wars between you and spyder or others. You are turning people against you one by one. First it was Spyder. Then maybe Avi and some others, and most recently Swordsman. Who is next? Me? Callmate? Tread carefully.

btw- for all the exclamations that there are all these people out there making money, no one has shown how it's done in real time. I have completed reviewing every chat log from Dec through March and have yet to see compelling evidence.

You are beginning to sound more and more like the naysayers who demand proof but no matter how much proof you give them, it won't be enough. Just the other day I sent you two full day videos, one where I made something like 18 pts on just the ES (sim) and the other where I made 7 points. Like has been said ALL ALONG, the only proof worth a damn is internal proof, and you need to learn this lesson.

 

[Pr0crast]

Quote from bundlemaker:

Pro, I believe someone else also pointed out I should focus on what works on not what doesn't. So, are you suggesting I look for something other than pt3's, as I have not been able to get them to work.

Well there's your problem. If you can't get PT3s to work, STOP, and forget about everything else, and don't even think about progressing to other things until you CAN get PT3s to work. There is no hope without this foundation.