Why do you read ET?

[arealpissedgoy]

Quote from pointone:

Most forums go through a fairly predictable life-cycle and nostalgia plays a part in making the old-hands think it is getting worse some how. ET is still of enormous value to me.

I was late to the party so never new ET before about 18 months ago. I've read some of the older threads and many of them degenerated into flame wars too. Why does that happen? There are some very angry and disruptive posters currently though - but the Ignore function works as designed. Be skeptical but avoid negativity and you might learn something.

Personally I am extremely grateful to have discovered ET when I did - just when I needed some direction from the more experienced. It took a while to settle on the path I've chosen but once I'd made up my own mind about who was actually trying to help and who was merely on an ego trip it became very easy to filter out the unhelpful crap.

I spend 90% of my time on ET in Spydertrader's futures and equities threads and I search daily for new posts by Jack.

Make of that what you will; I don't really care.

You're on the right track.

I've always used the pareto principle in everything I do because it works. It's an inherent law built into nature by the good Lord. It can be applied quite freely to the posters on ET. 80% of all the useful information online is provided by no more than 20% of the participants.

Similarly, 80% of the volume of detracting posts against Mr. Hershey are posted by 20% of his detractors. These fall in 2 classes:

(1) Those who are ignorant of Mr. hersheys thesis of the market ( Like I was )

These will make up 80% of the detractors who will contribute to 20% of the negative posts

(2) Those who understand what Mr. Hershey is saying and wish to keep the information silenced.

These will make up 20% of the detractors contributing 80% of the negative posts.

I belive Mr. Hershey uses obtuse language simply because he wants you to use your brain. The secret in becoming a successful trader lies within and inside and encapsulated by the learning process itself. The process of learning is the destination to profits. Therefore for a successful trader, the learning process will never stop. If you have not gone through the complete process, you will never be successful even if someone provided you the exact entry and exit signals.

I have recently recoded much of my proprietary trade signals to incorporate the Hershey technology. I even endeavored to post * in realtime * profitable trade scenarios after several hershey detractors showed up on my apology thread. I do not plan on doing that as a general practice since it interferes with my trading and I would rather be making money than teaching some degenerate how to trade. I think I very effectively silenced them. I belive one actually owes me some money which has not been forthcoming.

When you boil milk, both the scum and the cream float to the top. It is up to you to figure out how to separate each from the other.

 

[trader28]

Quote from arealpissedgoy:



I belive Mr. Hershey uses obtuse language simply because he wants you to use your brain.

Yeah right, it couldn't be because Hershey is a wanker with a bigger ego than intellect

There is nothing obtuse about claiming 3 times the range without a single loss ever, he is a liar and a fraud

Anyone who believes in that fantasy deserves to be wiped out as they most assuredly will be

If Hershey ever does use obtuse language it is to divert from ridiculous claims that have never been substantiated and never will be

3 times the range with never a losing trade *snort* right up there with Santa and the Easter Bunny

 

[trader28]

I'm sure the glassy eyed disciples believe Hersheyspeak is esoteric in nature so as to seed the subconscious with enlightened concepts that will germinate with time and bloom into 3 times the range with never a loss

In which case I may just have a bridge you can buy

 

[austinp]

<i>"As regards your comments, well it is kind of sad when someone replies as you have. You seem to decry negativity, then you suggest the "possibility" that some vendors can "trade circles around me" Interesting...You see <b>from my point of view, if a person (anyone for that matter) can trade circles around me, then they are doing a great job. It means among other things, that they are making a nice living, that they can support a family if they wish, educate their children, pay for health care, and that when they choose, they will have a comfortable retirement. So I would congratulate them.."</b></i>

My misinterpretation. When I read what you wrote about how vendors are sharks preying on hapless newbies, it appeared to be a much different view than what you later scribed here.

Let me say this about that: a lot of people have taken some of the tools you watched on video and made consistent, methodical profits in much shorter period of time than stumbling & bumbling around on their own.

The commonly offered asnine advice to "read a couple books, fund your account and figure it out on your own" offered in here way too often is perfectly akin to boot camp training where soldiers are taught to strap on some body armor, wander thru a minefield and learn to spot depressions in dirt.

Newbies can navigate the natural learning curve with less pain of loss in shorter time with correct guidance than wandering lost in the desert alone. What's that worth?

In another thread here, one guy talks about losing -$3,500 in his first morning trading the YM. How much education, correct, helpful education would that afford someone like him?

Proper education on any topic in life never costs one dime... it always pays off exponentially over time. Anyone who either purports or accepts the notion that they can stumble their way to success in this profession strictly thru trial & error will cause or experience needless loss of time & money in the process.

But... I don't read ET for the education. I'm here for the party with peers in my profession of all manner & levels of experience. It's a cozy little place where the same regulars hang out for years and occasional newbies stick around for awhile

 

[Cocaine]

Excellent post!!!!

Its amazing to me how quickly the detractors swoop in for "damage control" when anyone posts anything positive about JH. Its almost like their duty, very strange. Some of these guys are OBSESSED with JH, so much so that I am 100% conviced that #2 in your post is absolutely true. Wouldnt make sense otherwise.

Quote from arealpissedgoy:

You're on the right track.

I've always used the pareto principle in everything I do because it works. It's an inherent law built into nature by the good Lord. It can be applied quite freely to the posters on ET. 80% of all the useful information online is provided by no more than 20% of the participants.

Similarly, 80% of the volume of detracting posts against Mr. Hershey are posted by 20% of his detractors. These fall in 2 classes:

(1) Those who are ignorant of Mr. hersheys thesis of the market ( Like I was )

These will make up 80% of the detractors who will contribute to 20% of the negative posts

(2) Those who understand what Mr. Hershey is saying and wish to keep the information silenced.

These will make up 20% of the detractors contributing 80% of the negative posts.

I belive Mr. Hershey uses obtuse language simply because he wants you to use your brain. The secret in becoming a successful trader lies within and inside and encapsulated by the learning process itself. The process of learning is the destination to profits. Therefore for a successful trader, the learning process will never stop. If you have not gone through the complete process, you will never be successful even if someone provided you the exact entry and exit signals.

I have recently recoded much of my proprietary trade signals to incorporate the Hershey technology. I even endeavored to post * in realtime * profitable trade scenarios after several hershey detractors showed up on my apology thread. I do not plan on doing that as a general practice since it interferes with my trading and I would rather be making money than teaching some degenerate how to trade. I think I very effectively silenced them. I belive one actually owes me some money which has not been forthcoming.

When you boil milk, both the scum and the cream float to the top. It is up to you to figure out how to separate each from the other.

 

[Joab]

The best part about ET for me personally is I feel like I have made some cool and interesting friends (although we have never even meet)

Marketsurfer, Spydertrader, ChicagoBondKing, Batterup, austinp, Electricsavant, Saxon, Res, Uptik and yes even Cognitus ..... ladies I bringing the cake Monday morning as usual

Sorry if I missed anyone else

 

[trader28]

Quote from Joab:

The best part about ET for me personally is I feel like I have made some cool and interesting friends (although we have never even meet)

Marketsurfer, Spydertrader, ChicagoBondKing, Batterup, austinp, Electricsavant, Saxon, Res and yes even Cognitus

Sorry if I missed anyone else

You forgot me

 

[trader28]

Quote from Cocaine:

(2) Those who understand what Mr. Hershey is saying and wish to keep the information silenced.


I am 100% conviced that #2 in your post is absolutely true. Wouldnt make sense otherwise.

Aaaahahahahaha

Stop snorting your handle

 

[Cocaine]

You just proved my point....again

Quote from trader28:

Aaaahahahahaha

Stop snorting your handle

 

[trader28]

Quote from Cocaine:

You just proved my point....again

Or merely pointed out how ridiculous that statement was


So I take it you agree with Jack that his method reaps 3 times the range without ever having a losing trade


Feel free to dance, duck, dodge, evade and avoid the answer