Quote from Nebuchadnezzar:
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What is it like when a person like icarus fails to look closely at spydertrader's chart with neatly drawn nested gaussians, then take those charts, slide the open of the following day to the close (degap) and notice that WMCN that was anticipated never came.
Most would agree that their bullshit meter is underdeveloped and they need to work on their common sense.
What is it like when he books a ticket to Vegas and sits through spydretrader's presentation of the trading approach on the chart where price and volume bars are drawn by hand with the marker. When he leaves without throwing all available desert in the room in presenters face - most would agree he is a fool.
What is it like when a person pretends to have a profitable trading approach, when in reality they are still practicing wash trades using crayola bars and camtasia recordings - most would agree that it's pathetic.
My most sincere hope is that icarus is reading this and that he is really offended now.
Nah, man. I'm not offended. Neither was I offended by your earlier post that I replied to. In order to be offended, I would have to take you and what goes on at this site seriously.
People who know me here know that I come to bullshit with others and occasionally tweak a vendor for amusement as a break from the tedium of being online so many hours. Yeah, pathetic, I know, but this is what happens when porn and video games no longer do it for you.
Obviously, you missed that my feigned-outrage response was just me bullshitting with you, as I tried to make clear with my remark about making people smarter and better looking. It's just as well, for I don't think it's possible for you to know where I and the people you are trashing are coming from. Not that I group myself with Spyder and the Jackmeister. The time, energy and effort they put into helping others I have no desire to emulate; nor would I be that good at it. I'm more of a live and let live kind of guy.
With regard to looking closely at Spyder's charts, yeah, you're right, I haven't followed closely what he does. There was no reason to. I've studied Jack's writings going back to his Usenet days and I always go to the source of information if possible. A lot of people who have difficulty understanding Yahweh Jack say they've been helped tremendously by the Spyder Jesus. Even though Spyder and I have disagreed at times, who am I to doubt them? I say "hallelujah" and go do my own thing.
To you this is a case of an underdeveloped bullshit meter and deficient common sense on my part. Your implication, of course, is that you, in contrast, have a well-developed bullshit meter and abundant common sense. That's why you spent a lot of time looking into what Spyder and Jack do and when some bullshit registered on your meter your common sense told you there was more to be uncovered so you kept investigating and found bullshit on top of the bullshit on top of the bullshit you originally found. Good job. The people you steer away from their bullshit will thank you. And the people who still believe? Well they're fools anyway so fuck 'em.
Regarding the fool gathering in Vegas with which you have some fixation, I had a great time, although I drank too much at the after party and had to leave early. Also I arrived a bit late in the morning and had to sit at the very back table. I set my cellphone and pack of gum on the table and the guy sitting next to me asked what I was gonna take notes with. I said I wasn't there to take notes. He asked what I was there for then. I said to meet people, especially Jack, and enjoy myself. Unfortunately Jack had to cancel because of eye surgery.
When it came time for my turn to introduce myself, an awkward silence ensued when I stood up and said I was Trader666. I thought I might get mobbed on the spot so I quickly said I was joking and said my real ID, at which point there were a lot of relieved laughs. The event lasted the whole day but wasn't that bad with all the breaks. The fools came from all over the world to attend and I commend Spyder for having the energy to speak for almost the entire time. I didn't see any pies being thrown. As for the rest of my trip. . .What happens in Vegas stays in Vegas.
Regarding the wash DRILL, not wash trade, I consider that the best thing I did for myself to improve that I got from Jack. Very few have looked deeply into it. You needn't concern yourself with it either; I'm certain you'll find it to be bullshit. The comment about camtasias and crayola bars are lost on me, but I get the drift that you are calling me out as a trader. Well there have been days where I've probably lost more money than you will ever make in a year so I won't go tooting my own horn too much. Let's just say my skills are bullshit.
Finally, since you and I cannot easily connect with each other, I'll come right out and say don't flatter yourself that I'm taking the time to reply thoroughly to your post. I'm doing it for the sake of others with primitive bullshit meters and less common sense than you have. One thing I've tried to avoid on ET is steering people in any direction, let alone in a "wrong" direction. I find it better to bullshit a lot and speak only generally about trading if at all. I have recommended Jack's early writings and his two documents as a good FOUNDATION for beginning to learn about trading. Nothing has changed that opinion.
Peace out.