What happened to SCT? Aren't you supposed to be in trades all the time, riding the trend? How the hell are you supposed to make 3x the range if you are sidelined?
The Stochastic Indicator
- Thread starter jack hershey
- Start date
- Status
What happened to SCT? Aren't you supposed to be in trades all the time, riding the trend? How the hell are you supposed to make 3x the range if you are sidelined?
Quite right bundlemaker. Do everything you can not to become a loser. If you're still looking for the light, certainly avoid hanging out with loiterers and half wits. In this business, be prepared to believe, but never without checking first.
Learn whenever, wherever and however you can but remember, you're all by yourself out here. No kind souls are going to lead you to the green pastures.
This is no place for sissies. As some people on this thread expressed some thoughts about me being dumb or lazy, I'm glad they believe so. It simply reassures me of the tremendous opportunities this thread created for the few by providing for an almost endless supply of canonfodder. Watch out, I'll meet you one day in the market and separate you from your money.
Jack may not have been so dumb after all, he certainly knows when to quit. I hope you also will know when to quit in time. May we all learn from Jack that it's better to quit than to become a loser.
Sorry, but I spent more than enough time in this thread crusading against nonsense. I certainly did my duty and the few will appreciate my efforts.
Glory only to the true gladiators in the market arena.
Moderator, I think you cannot tolerate such direct insults on ET. Please intervene.
Its simply time to close this thread and move on.
--MIKE
--MIKE
Jack is gone. Well, what can I say?
It really was to be expected. Finally, trendfader and all the other losers and attention-seekers succeeded in gruelling him out of ET, too. Completely annoyed to death.
I have gone through large amounts of Jack's material, not only on ET, but already before that. He's given me some fantastic knowledge and insights, and I know of many others that think the same way.
The people who didn't understand him were impatient idiots who couldn't be bothered using their brains, or, if in doubt, a dictionary.
The fact alone that he came here to generously give his knowledge and experience away for free should have caused anybody with a certain sense for logic, courtesy or appreciation to be greatful, or at least not derogative.
I bet if he had his methods on a site and selling for $5,000 a copy, the exact same crowd of losers would flock there and listen to the master's every word. The fact alone that it is for free tends to make losers think it's not valuable. That's why they spend so much money on trading systems and magic seminars.
But yeah, that's all just a poop in the wind now anyway. Why bother dissecting this? We all know what' going on with ET.
Well, this was the kind of thing I was waiting for to set back on here for a while, anyway. Basically, who wants to participate in a community that has changed to be only concerned with spamming, flaming, slandering, insulting and completely discouraging any form of intellectual value, to only let junk survive? This is the reality of ET nowadays. Kill the brains, so the dunces can thrive. It's like a freak show.
I'll check in from time to time, to see whether the moderators can turn the rudder around a bit, but I doubt it. There's better sites out there, anyway...
All the Best, and Have Fun!
~The Scientist
It really was to be expected. Finally, trendfader and all the other losers and attention-seekers succeeded in gruelling him out of ET, too. Completely annoyed to death.
I have gone through large amounts of Jack's material, not only on ET, but already before that. He's given me some fantastic knowledge and insights, and I know of many others that think the same way.
The people who didn't understand him were impatient idiots who couldn't be bothered using their brains, or, if in doubt, a dictionary.
The fact alone that he came here to generously give his knowledge and experience away for free should have caused anybody with a certain sense for logic, courtesy or appreciation to be greatful, or at least not derogative.
I bet if he had his methods on a site and selling for $5,000 a copy, the exact same crowd of losers would flock there and listen to the master's every word. The fact alone that it is for free tends to make losers think it's not valuable. That's why they spend so much money on trading systems and magic seminars.
But yeah, that's all just a poop in the wind now anyway. Why bother dissecting this? We all know what' going on with ET.
Well, this was the kind of thing I was waiting for to set back on here for a while, anyway. Basically, who wants to participate in a community that has changed to be only concerned with spamming, flaming, slandering, insulting and completely discouraging any form of intellectual value, to only let junk survive? This is the reality of ET nowadays. Kill the brains, so the dunces can thrive. It's like a freak show.
I'll check in from time to time, to see whether the moderators can turn the rudder around a bit, but I doubt it. There's better sites out there, anyway...
All the Best, and Have Fun!
~The Scientist
Quote from Scientist:
When a true genius appears in the world, you may know him by this sign,
that the dunces are all in confederacy against him.
~Jonathan Swift; Thoughts on Various Subjects
~The Scientist
scientist,
How can we decide wether to put you with the dunces or not? How is your trading book coming along? You made a lot of noise about this. Hurry up, we didn't forget about you! You indicated that you liked fans very much, I'm one of them.
Sorry guys, I couldn't pass up this opportunity. This is definitely my last post in this thread.
OK my last post too. My final thought(hehe) is that maybe with all this nonsense dying down we can finally get some decent ideas circulating this board, without every intelligent thread turning into one of Hersheys ramblings. I don't understand why he never just gave in and posted something in real time, rather than drawing up pretty charts at the end of the day. If he wanted to silence doubters that is all he would have to do. Instead, every bad trade evolved into another rule, that the rocketeers are supposed to know when to apply. OK that is my piece. I guess I will say one final time for the record that if Hershey ever posts anything convincing then I will issue an apology. Fat chance.
I agree... if Hershey stepped up to the plate.. and said.. OK guys I have a great way to trade and I sincerely want to help you guys.. but first let me establish some credibility... and he would either post some realtime trades or show us a snagit of his trading PnL for a while.. then all the naysayers including myself can hang on a tree.. I would personally call him on the phone (if he wanted) and apologize.
Someone like Raschke doesnt have to show us that she is a pro trader.. because she has earned her respect and reputation.. likewise for Tony Oz, Larry Connors and Dave Landry.. and some others that actually show their "followers" trades in realtime or some proof of their own performance.
Hershy definately needs to establish some credibility with ET.. before he can go on and on.. about how his method is superior and how great of a method he really has.
All of these people here claiming that Jack doesnt have to show any proof or credibility are truely sheep in a flock. When it comes to business or making money... you should always want some type of burden of proof regardless of anything whether free or paid for.
I hope Jack reads my post and steps up to the plate as opposed to running away.
That was my last post on this thread.
--MIKE
Someone like Raschke doesnt have to show us that she is a pro trader.. because she has earned her respect and reputation.. likewise for Tony Oz, Larry Connors and Dave Landry.. and some others that actually show their "followers" trades in realtime or some proof of their own performance.
Hershy definately needs to establish some credibility with ET.. before he can go on and on.. about how his method is superior and how great of a method he really has.
All of these people here claiming that Jack doesnt have to show any proof or credibility are truely sheep in a flock. When it comes to business or making money... you should always want some type of burden of proof regardless of anything whether free or paid for.
I hope Jack reads my post and steps up to the plate as opposed to running away.
That was my last post on this thread.
--MIKE
- Status