Quote from rcanfiel:
Hersheyism shows that a lot of people come in, talk a good line, and a lot of newbies try to jump on a gravy train. I never read Anek's thread, but I hope it was a lot better than the Hershey Smoke and Mirrors. Jack set up an endless labrynth to lure newbies around, filling them with false hope and bringing attention to himself.
If you want to help new traders, it shouldn't take a 700 page thread to do it. That is called WAY TOO COMPLICATED
...I don't remember IBM ever putting out an annual report saying that "due to trend lines, unfavorable Fibonacci retracements or a counter-cyclical FFTs, this year has less than the desired return to shareholders..."
First of all, the fact your mentioning Jack and Anek in the same paragraph tells your
actual views on the thread even though you've admitted you haven't read the thread.
Secondly, page number total or bandwidth is a bad reference or gauge of how simple or complicated a method is that's being discussed.
Most method sharing threads with high activity reach high numbers in pages for any of the following reasons:
* Those reading the thread actually are benefiting from the information and that prompts them to participate in the discussions with the thread starter and with other readers of the thread.
* There's high activity of interaction amongst the viewers/readers themselves without involving Anek himself.
* Methodology threads at ET started during high or rising volatility market conditions tend to be very active in comparison to threads started in low volatility market conditions.
* The thread involved a daily market discussion element.
Once again, Anek didn't make the thread +500 pages.
Market conditions and interest of the readers made it a high page count and it has absolutely nothing to do with how simple or difficult a method is.
Don't forget, it is a
Journal and there was daily market discussions before, during and after the markets had closed.
If you don't understand what a Journal is then your own trade journal may only be a few pages long under the facade of keeping it simple.
By the way, courtesy of a close family friend, I've seen a few very complex IBM manuals that I don't understand but is very simple technical stuff for him and others in similar like work.
In other words, it's a matter of perspective of what's simple to one person and complex to another person.
Last of all, I do remember your own journal.
Note: I won't post the link to your ET journal because some info you posted in your journal was in violation of EliteTrader.com TOU policy as confirmed by the moderator...that info was deleted by the moderator and it had nothing to do with C2.
After the moderator made his commentary got involved and cleaned up your journal...
There was a chat conversation in which another ET member said your approach to trading was way too complicated in reference to system designing.
See what I mean by its a matter of perspective because I'm sure you'll say there was nothing complex about your method.
Regardless, the key here is that you said you haven't read Anek's journal.
Mark