Codifying SCT

Discussion in 'Strategy Building' started by Joe Doaks, Jan 18, 2009.

  1. All you do is chicken out and run awaw
     
    #81     Jan 23, 2009
  2. Before it disappears, Jack's latest (emphemeral?) post:

     
    #82     Jan 23, 2009
  3. Jack, you say you don't practice the CW and don't trade edges. So how would you know what emotions we who do so experience? I sit at my screen all day watching price pachinko between S and R, about 80% of which levels are predicted on my charts. Oh, yeah, I'm stressed out!
     
    #83     Jan 23, 2009
  4. I have now dispositioned the vast wealth I accumulated today (I cooked a hamburger and opened a DP), and have time to dispute with Jack. I can't believe he set himself up like that. Maybe he's slipping. But elementary logic never was his forte.

    1) It is incredibly arrogant to call the ATS "Cash Cow", not to mention disrepectful to Mother Market, who, we should never forget, is a Grade AAA bitch

    2) If Moo Cow "displays" trades, is that the same thing as "calling" them? If so, it is immediately backtestable with the addition of a few SLOCs to the existing code (that's what Chicken-Fried SCT does)

    3) Neoxx needs "an ATS running along side his work" because he can't make heads or tails of SCT

    4) "The market is counter intuitive"? Only if your intuition is wrong! That is, you don't get the flow.

    5) "Neoxx is able to double his capital every three days"? By my rough calculation in a month and a half he'll be trading 1000 contracts. I look forward to seeing him on the tape. Do the math on when his taxes alone fund the entire federal budget.

    How can anyone read such foolishness and not run away screaming? I reiterate that Jack is either quite mad or an infinitely more subtle satirist than I am.
     
    #84     Jan 23, 2009
  5. Tums

    Tums

    very crafty, Hypo.

    you still need work... lots of work, to mimic his style.

    good try.

    I will give you 4 out of 10.
     
    #85     Jan 23, 2009
  6. Thanks for the compliment, Tums, but I really WAS a Jack post. It's the new game, catch me if you can. He posted a beautiful screen shot of Cash Cow yesterday, and I failed to snag it. Won't happen again. Now is he pulling posts just to be cute, or like kiddie porn, just leaving it up long enough for fellow pervs to download it? I prefer to think that he knows I need a daily Jack fix, and takes pity on me. Also, since he posted on Tara, he may be sweet on her. We delusional old men are like that, you know. Anyway, Jack's style is inimitable. I know, I have tried. It's hard for a rational person to imitate irrationality. Any way, I am done pimping for him. He has a thing for Tara, so let them play.
     
    #86     Jan 23, 2009
  7. Arthur is right, I saw a Jack Hershey post yesterday (didn't read it, it was so friggin long) and then I saw he had deleted it.

    What's up with this game he's playing, pretty lame.
     
    #87     Jan 23, 2009
  8. Attention whores will run naked screaming down the back alley if they have to. But I DO love him. When he is gone I'll be the oldest guy here. Then look out! I'll get me a new alias and suck in the noobs in a way Jack can only dream of.
     
    #88     Jan 24, 2009
  9. Pardon my reposting this from Neoxx's thread, but the complexity of SCT jargon, and the way Neoxx has add(l)ed to it are astonishing. But as always with SCT, it made me think: "What is MY vocabulary? Is it more or less complex? Am I just being a snot about it?"

    So here is mine:

    long
    short
    out
    trending
    sideways
    voluming
    running (momo)
    bounce off support
    bounce off resistance
    retrace to support
    retrace to resistance
    break of support
    break of resistance
    confluence of support
    confluence of resistance
    shakeout
    bear flag
    bull flag
    narrow range day
    wide range day

    I swear I think that's it.
     
    #89     Jan 24, 2009
  10. This from sweet Tara's thread...
    http://www.elitetrader.com/vb/showthread.php?threadid=151333


    <hr>teasinggtara
    Registered: Jan 2009
    Posts: 36

    01-24-09 06:41 AM

    Over this weekend I'm going to explain how to hypnotize someone. Then I'll look at Jedi Jack's hypnotism and you'll understand why Jack sticks to a formula when he posts.

    You'll discover why Neoxx exhibits the perfect personality for becoming a cult member and why he can't criticize his mentor, no matter what - everything is internalized.

    Then we will look at how Jack perpetuates his fraud and what happens when you call a fraudsters bluff. Remember success of the fraud depends on how close it is to the perception of truth.

    Finally, part time dancer and trader, Tara is going to ask Jack to rise to the challenge and trade against.. ME! lol.

    I couldn't beat an average trader at this stage in my career, but I'm convinced I'd leave Jack in my dust.



    <hr>teasinggtara
    Registered: Jan 2009
    Posts: 36

    New Post 01-24-09 07:54 AM

    Jack is very accomplished in hypnosis and uses a Signal Recognition System so he can see from the feedback when he has someone on the hook.

    That's why doesn't actually respond to posts. Instead he sends out his message. Noexx is completely hooked and once you learn the basics you'll really enjoy reading Technical Strategy to see Jack's skills bearing fruit.

    You'll understand why Tums as a unbiased moderator is so defensive of Jedi Jack he even broke Internet etiquette and posted my IP address and location (since deleted). How could I have touched a nerve so sensitive?

    This is not going to be training on hypnotism but more of a look inside a dark world that uses the Authority Strategy followed by Destroying Resistance with Stories, Trance Formulas how to Lead Irresistibly to perpetuate a fraud. It's like a gun can that be used for good or evil and you can make your own mind up about Jacks methods and motives.

    Everything that Jack demonstrates is Hypnotic. There's never going to be a demonstration of Jack's technique because that would end it all there and then.

    So if you want to really see what Jack has learned in 50 years of trading countless successful students... don't miss this week's posts.

    It's going to be an eye-opener. And Jack, I know you read this. I'm going to open you up like and electric can opener with a can of worms. But of course you can stop me dead and get big apologies from me - trade against me.

    Let's see what you can do before I show what you really do.

    <hr>


    Don't miss next weeks episode of the Tara-Jack Romance.
     
    #90     Jan 24, 2009