The fear of trading edge becoming inefficient?

[jack hershey]

Quote from Indrionas:

What do you mean?

I suggested that a person (you) will need to read what I wrote 10 times. were I you I would use colored markers and make graphic diagrams of the retaltionships I presented. You can also make list under each edge type to get a few listed for each kind.

Why do you use so many obscure statements that are hard to impossible to comprehend?

As odd as it may seem to you, I am used to thinking things through and I am quite thorough in doing this. What happens, as a consequence, is that I make posts that contain a lot of substantive content. Hi lite each one and give it some thought, if you will.

What you presently deem to be obscure may be something that is not just superficial and, on the otherhand, is something that has taken many years of hard work to dig out of the plethora of information about this subject.

Comprehension is a two way street. In this case I am putting something into the space. You are not getting it and we both know why. Easily, I recognize what you want and I also recognize what you need. You were not provided with what you want and you expect others to provide to you. This comment is a message to you (also embodied in my original post) that, also, you have not gotten as yet.

I am happy to be the provider and by posting, I have provided you with your lucky day after a long string of dry holes, apparently.

Here is the message: You have to rise to the occasion and do the work to get up to speed. We both know that you will not because you do not want to. What people want and what they need is very different.

This is probably the first time you have ever seen anyone layout 840 edges and their relative associations. A statement is being made about edges and just how a trader has to surpass many challenges to get out of the hole in which most traders start. I listed them; your job is to underline them and get to work.

Can you explain your ideas in simple terms?

Yes, of course. Many times I am a delightful poster with much dry humor woven into the text. by the time you have read the first 10,000 pages you will see the range and virtuousity clearly. In crayola colors, the original post was a Jackson Polack and can be hung on a wall and looked into for one heck of a long time. If you have a quality printer you will see, when you print the 10 copies to read, that each reading presents a different color theme. Trading is anything but black and white.

The three questions you asked regarding the post are kind of light weight and not the kind of thing one would expect from anyone who is going to settle down and get really rich.

 

[Cheese]

The fear of trading edge becoming inefficient?
The market for a serious professional player is about making yourself rich - sooner not later. Its not about prolonging some idiot treadmill of so-called 'making a living from trading'.

 

[jack hershey]

Quote from allenhobbs:

After reading a handful of Mr. Hersey's posts, I have to agree. Inately, I believe there is value in his posts in general. The problem is it's like finding a needle in a haystack. So much noise. Too bad he can't keep it simple without the self embellishing stuff.

One of the first things I learned in college from English 101 was to keep writing simple and easy for the reader to comprehend. In other words, less is more.

Jack, do you know of an interpreter here on ET who can translate your remarks in easy to understand English without the esoteric filler? Or do we have to digest some exotic hallucinogen to be on your wavelength?

I try to filter out noise myself.

Share your experience in other classes like English 501 or Writng for Publication or what the T&C are in your Author's Agreement.

Use a black hi liter and cut all the noise and esoteric stuff out to make it easy for the English 101 types in ET.

Better still give my post a thorough edit and bring it up to a level where the reader has a simple and easy result where less is more.

My point of view is this: Odd, the OP, is a seeker and he is engaging. Any person who is operating in a subjunctive mode with respect to trading, needs, and, after ten pages (@5 per page rate) of being responsive, does deserve to have someone (who has a comprehensive and deep view of how to make money by trading in an expert manner) lay out the critical considerations that are required to get to the top of the pile. Incidentally, it has been generally acknowledged that this takes hard work doing critical thinking.

You like needles but you lack a mental magnet. I, on the other hand, do not provide needles and I dont do haystack either. They took the trouble to get you out of haystacks in English 101, why persist is writing responses as if you failed English 101?

I require any serios reader of what I write to read and study it repeatedly. You have simply decided to not do the work and I do not care.

 

[Indrionas]

Quote from jack hershey:

The three questions you asked regarding the post are kind of light weight and not the kind of thing one would expect from anyone who is going to settle down and get really rich.

Well, if you're so clever, you would understand that those "three questions" are actually the same one question, no need to separate them into three paragraphs and write a book about them. Those are very simple questions, so KISS.

I have read many difficult texts, some of them extremely complex stuff, and you know what? They made sense.

If your text needs to be re-read 10 times, that is not my problem of not understanding, but your problem of not being able to express yourself in clear and sound way. Simple as that.

 

[jack hershey]

Quote from Indrionas:

Well, if you're so clever, you would understand that those "three questions" are actually the same one question, no need to separate them into three paragraphs and write a book about them. Those are very simple questions, so KISS.

I have read many difficult texts, some of them extremely complex stuff, and you know what? They made sense.

If your text needs to be re-read 10 times, that is not my problem of not understanding, but your problem of not being able to express yourself in clear and sound way. Simple as that.

I'm sure you are correct.

 

[allenhobbs]

Quote from jack hershey:

I try to filter out noise myself.

Share your experience in other classes like English 501 or Writng for Publication or what the T&C are in your Author's Agreement.

Use a black hi liter and cut all the noise and esoteric stuff out to make it easy for the English 101 types in ET.

Better still give my post a thorough edit and bring it up to a level where the reader has a simple and easy result where less is more.

My point of view is this: Odd, the OP, is a seeker and he is engaging. Any person who is operating in a subjunctive mode with respect to trading, needs, and, after ten pages (@5 per page rate) of being responsive, does deserve to have someone (who has a comprehensive and deep view of how to make money by trading in an expert manner) lay out the critical considerations that are required to get to the top of the pile. Incidentally, it has been generally acknowledged that this takes hard work doing critical thinking.

You like needles but you lack a mental magnet. I, on the other hand, do not provide needles and I dont do haystack either. They took the trouble to get you out of haystacks in English 101, why persist is writing responses as if you failed English 101?

I require any serios reader of what I write to read and study it repeatedly. You have simply decided to not do the work and I do not care.

Translation: I like the way I write and could care less if anyone else does even if I'm the only one who understands what I'm saying. It makes me feel superior to those of you who don't have my intellectual prowess even if I'm not making sense. After all, I'm an expert who's has amassed a fortune trading and that requires you to bow down to my wisdom I impart on you and the other drones here at ET.

If I had found this link first, I could have saved a few minutes posting on this thread.

http://www.tradersnarrative.com/jack-hersheys-incomprehensible-method-971.html

Eloquently and concisely told in the spirit of truth by the blogger.

 

[OddTrader]

Quote from jack hershey:



Edge traders start at the bottom of the hierarchy apparently. Level IV is the signal type edge and about 14 classes of signals are apparent. On level III trading is done using patterns and their are four classes of patterns and within each class their are many identifiable sub categories totalling 10. Level II is where patterns and the signals within patterns are contained. For me these are simply the traverses of any of the three types of trends forming level I: long, short and lateral. On level II there are two types of traverses: dominant and non dominant. each of these serve to uniquely separate and isolate patterns which only occur on one or the other.

As may be seen, it is easy for a trader to make choices that deny him access through the gates of various intellectual walls.

Fear is why access is denied a person from going from level IV (signal based setups) to level III. A signal is simply a moment in time and it's precursors or subsequent events are not able to be considered. (Google jbob to see this). These edges come and go as stated above.

Thanks JH.

Tell us about Type 0 when you find them.

Quote from allenhobbs:

The problem is it's like finding a needle in a haystack.

That would be much easier!

 

[Cocaine]

right... that "mysterious" contest that you very conveniently have no proof of

Quote from bobloblaw:

That is to hide the fact he does not trade, the one and only time Mr Hershey went on record he lost 26% in a trading contest in 2002, he left it early in disgrace. He is a fraud of the worst kind, all theory, no practice! His gibberish does not stand up to the heat of real money and true trading.

 

[OddTrader]

Quote from Cheese:

The fear of trading edge becoming inefficient?
The market for a serious professional player is about making yourself rich - sooner not later. Its not about prolonging some idiot treadmill of so-called 'making a living from trading'.

That alone would be the final and complete answer!

The fear is probably due to worrying edges becoming inefficient before achieving the goal!

 

[OddTrader]

Quote from allenhobbs:

Translation: ... I'm the only one who understands what I'm saying.

My fear now is why and how are you so sure about that interpretation!