Max, Jack is as good at NLP as I am at formation swimming. Start your reading of Bandler and Grinder with "Frogs into Princes". If you don't fling it across the room in disgust, proceed chronologically through their works, and you will come out the other end changed like me.
"If the volume trend is DOWN, then price will CHANGE." Yeah, just like in consolidation retraces, hahaha! Remember "Walk this way"? Trade this way!
Just for grins Over a hundred posts to this thread at least 70+ are Hyp0 At least 25 are aliases (by my estimate) then we have a handful of folks some of whom actually participate and the balance are the "functional illiterates" that make up a significant part of the population here at ET. Whats the point. Well this is a sandbox, and for the most part there is only one child here playing in the sand, talking to himself, making up imaginary playmates and trying to keep himself entertained until Mommy comes to take him home. Now its a precocious child I will give him that. But a child nonetheless and frankly now that I know the drill, I find that I have lost interest. Thats it.
Hypostamus, was it one of your alias that wrote in a hilarious fake Chinese accent? Some great posts with that..
Roberk, you have an over-vivid imagination. How can you hear an accent in print? You may be thinking about John Merchant before he learned to speak proper English. Kind of like Jack's grammar and spelling before Liz cleaned it up. As for you, Steve, I am providing a public service by reading the Jack's 142 page "book" which Spyder linked to recently. You should at least find my fortitude at that laudable. As I go I am quoting the best parts and meta-commenting.
Steve, I am pleased that you find no value in anything I have to say. It reinforces my belief that traders want complicated strategies, and are so arrogant that they won't accept simple trading ideas presented with crystal clarity. An example is the simple statement that when nothing else provides an excuse for market movement, oil does (see the overnight action). When I become really serious about becoming ET's guru, I shall reinvent myself in Jack's image and turgidly obfuscate everything I say.
I will not post actual executions as you are not paying me to teach you, and I am not as benevolent as Jack. However, I will say that R2B and B2R work in conjuction with prorata volume on the picking of trades when at channel extremes, or with a FTT. The details are available here on ET. If you can present some questions that indicate that you have truly done your homework, or if you wish to post real time prv trades, simulated or not, I will be glad teach you in the Socratic methodology. I am not a lecturer. Best Regards Oddi
Hypo, I think you and I exchanged ideas in a backtesting thread. I know that you are a smart guy, why do you dislike Jack so? Is he giving away the store? Best Regards Oddi
Steve, I believe that the people here are frustrated at their inability to understand what Jack is trying to say. So they lash out. Perhaps I am an optimist. I know that is probably the case as my friends tell this to me constantly, I think this is hypos strange way of trying to understand the metrics of Hershey
Oddi. Thanks for posting, and for your offer to try to teach an old man how to trade. But I am perfectly happy with the unique stuff I have (certainly not revealed here!). I am alert to broad Jack principles to supplement what I do. I channel. Interpret volume. Look for BO opportunities, etc. I have stated my objections to Jack before. He overgeneralizes. Makes people think it's an easy path to riches. Pontificates insufferably.