24 single looking to go full time into day trading

Discussion in 'Professional Trading' started by contro, Jul 8, 2009.

  1. Like ScottD, Neoxx and RoughTrader?

    1) ScottD -- why hasn't ScottD posted an update since March when he said your "cash cow" isn't profitable?
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2462769&#post2462769

    2) Neoxx -- you said Neoxx was doubling his money every three days when he was actually losing money.

    3) RoughTrader -- your claims about his trading deflated each time I called you on it and he hasn't posted since May.

    04-23-09 01:26 PM
    "For SCT like trading, rough trader takes 1500 dollars to 94,000 dollars"
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2399521&#post2399521

    04-26-09 06:51 PM
    "Bottom line: looks like roughtrader makes 20,000 a month on two contracts average while scaling out of entries on his ATS"
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2403231#post2403231

    05-22-09 07:28 PM
    "Rough trader is only making a couple thousand a month on a couple of contracts. He needs to make one adjustment to make 20,000 a month. He needs to add 18 contracts to his trading cars"
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2437715#post2437715

     
    #141     Jul 23, 2009
  2. Yes you are correct. That chart is NTES (chinese gaming corp) and was not Nutrisystems. She did dump it at slight profit after meeting. (After meeting means the next day.)

    Do note the cheater volume MA on the chart; it acts as a flapper when using the "unusual volume" mentioned in the camtasia and illstrated transcription entitled "Putting the Pieces Together".

    Thanks for the correction and posting the volume MA.
     
    #142     Jul 23, 2009
  3. P.S. You're right that the record is clear... both now and in the past. At least you're consistent :p

    Remember these people from Harvard? They came up empty handed after trying to decipher your "teachings" for more than a year, starting in 1999. Look at posts # 1 and 2 here:
    http://groups.google.com/group/misc..._frm/thread/e21428336d0962ed/4088dacd0b5143e7

    Now look at how they felt over a year later.
    ...I don't understand why it's not possible to verify such a successful futures trading system if it is based on objective rules. My own attempts to automate the system have been frustrated at every turn by an enormous problem that is apparently only resolvable by gut instinct... I have spent a great deal of time respectfully reading and thinking about what you have written, but mostly what I feel now is frustration.
    http://groups.google.com/group/misc..._frm/thread/ccc785d53a418f8a/ad6210f80809669d

     
    #143     Jul 23, 2009
  4. so many words, so little results
     
    #144     Jul 23, 2009
  5. Excellent work Jack, right on the button.
     
    #145     Jul 23, 2009
  6. Lo has a new book out. As usual it is co authored.

    He devotes thirteen chapters to people he determined had views on TA.

    Chapters 14 through 20 review some aspects of the mysteries of TA. Elsewhere, I posted a peek at the sub chapter contents.

    There is a possibility that you may gain something from reading the booklet.

    Apparently, I have been neglectful in posting the details of what frustrates some people. And what might possibly be the solution to the frustration.

    If you can, get out there and meet a few experts. By engaging with them routinely and frankly, you may get some valuable insights into how people trade successfully and also enjoy it too.

    When I post I often use references to authoritative sources of aid for people who are on quests to learn or prove something.

    You have made a great contribution to ET. Jim Fowler did a lot too. Each of you came to different conclusions about the same thing.

    There are many spheres of interest out there regarding the financial industry and its theme of making money. Most often there is little overlap from one sphere to another. But many of them make a lot of money continually.

    Try reading "Musicophilia" by Oliver Sacks, something might trigger in your mind about something or other. Try to do a read in "Mindfulness in Plain English" by V. H Gunaratana and see if any bells go off for you.

    Luckily everyone is smarter than everyone else. It makes the world go round, apparently.

    People have gone to the extent of giving you phone numbers to call to get the poop straight from the horse's mouth. So far you haven't.

    Keep up the great contributions you make. People like you have a lot to offer.

    Why is it you do not do intraday trading?

    Have you tried out the "unusual volume" in "putting the Piecs Together"? The Qcharts guy certainly didn't have the one pager in mind when he designed the unusual volume equation for sorting lists. Why do you think Jim Fowler didn't come up with unusual volume as a sort? One thing I really like about the unusual volume one pager is that the rules and lookup table are too difficult to make into an ATS.

    Who will be the first to automate it? Will computers of the future be able to automate the one pager? I don't think so. It won't be Harvard or MIT will it?
     
    #146     Jul 23, 2009
  7. Aaaaaaaaaaahahahaaa


    He really is a Jack of no trades :p
     
    #147     Jul 24, 2009
  8. The Swordsman (R. Raskolnikov) is a great example of the stages a Hershey trader goes through while studying Jack's "teachings."


    Stage 1 -- Eagerness and Ingratiation

    licking my chops as i only get better yes, agree jack and spyder are great, jack is a little tough to follow but his teachings, once untangled, are very helpful!
    http://www.elitetrader.com/vb/showthread.php?s=&postid=1563544&#post1563544

    Stage 2 -- Delusion and Defensiveness

    Im sure you probably didnt know this but actually on the very first page of the "Spydertraders Jack Hersheys Futures" thread there are links to many pieces of info for people to do their due dilligence first, ranging from the terminology to concepts to just basic background info. Anyone who read that stuff and continued on would never been seen as following a guru blindly. And it cleary states that one should read all the associated links before moving on.
    http://www.elitetrader.com/vb/showthread.php?s=&postid=1862711&#post1862711

    Stage 3 -- Denial

    I've repeatedly told you I don't trade SCT only that I asked some questions over a year and a half ago
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2082939&#post2082939

    Stage 4 -- Acceptance

    Not once have I ever spoken to Jack Hershey and for all I know he's a shitty trader like you all say.
    http://www.elitetrader.com/vb/showthread.php?s=&postid=1753104&#post1753104
     
    #148     Jul 24, 2009
  9. Well if you are in any group of "experts" such as a group of 3, that means there is 2 experts in the group.

    Sorry, Jack, but by now you should be able to tell that quite a few dozen ET posters (not counting Mr. 50 alias) think you are nothing but an empty short

    You fear auditing like a claustrophobic fears dark closets. You have Auditaphobia.

    Not a single redirect you have ever tried is convincing.

    You talk academia and point to experts and use long diatribes. But nothing you ever say is credible. Several people challenged you mano a mano. You refused.

    In other words, you cannot trade, and desperately fear anything that would demonstrate this.
     
    #149     Jul 24, 2009
  10. I prefer Mr Perfect.. and it's closer to 60
     
    #150     Jul 24, 2009