Yep ! Because when one loses there wallet, they do not learn " how to look for it better " they learn how to protect it more and make sure its always in there pocket... the emotion of loss comes out in trading to and as emotion reinforces learning so heavily the unaware among us simply learn to lose..... oh I can do it here...they lose!!! they just lose!!!
Yea, and it becomes their worst fear, very hard to overcome. Only fantastic focus and willpower allow to keep doing things right to eventually get the winning experience and mental/emotional associations related to trading then change... for a few who get to that stage.
Recently, I put that question to rest. I considered samples and where the p< 0.05 fit into the picture. To do this I started with one person and that failed. Another person chimed in and dropped the ball, too. The sample grew sufficiently in each case. Recently I just asked a person to contribute an Excel spread sheet that he used or to make an Excel up that would be suitable in his opinion. I was shooting blanks, yet once again. In the past I have asked the same question and I have gotten a 100% non response. I would say that the posting I have done provides a good sample. In the sample, any person who wishes can skew it to cause me to have some poor looking trades from a money velocity point of view. BUT, it is also true that the trades do demonstrate the importance of the principle of always being on the currect side of the market. I did about 100 reversals after opening bar entries and before bar 78 exits. At no time during RTH was it unclear which side of the market I was on nor where the profit segment began or ended. Anyone who wishes can do the tabulation. Mostly people do not make any effort, except as you say, they just fuel their suspicions out of ignorance. But they do not use the ignore button and then just make comments that are unfounded. The summary of my views is that I follow a system and the money takes care of itself. There is a lot of interpretation of what I say. I do not correct the views others express usually. One of the recent core abridgements by a detractor recently was: always in; always makes 3x the dailly range and never takes any losses. This strongly suppports those who have suspicions and who may have a lot of trading experience. Today, someone posted a wikipedia source. I read it and made a comment. My comment is alone in the comments section. All other comments were in the approval category where 100% of the comments are reported. A neat use by wikipedia of the comment results. May be some readers will think my negative comment is from a person who is like all the other commentors. I posted one sentence: "I was looking for the use of the Scientific Method." As you state and I agree with you, the record of comments by experienced traders is that they are suspicious of me. It is not that my comments are lengthy so much as it is that I speak in a language that is foreign to them. This is not a criticism of them it is just a fact that I describe the market in detail and from a Scientific point of view. They do what they do and I do what I do. There is very little common ground. So, as may be seen, I have an advantage gotten by my choice of where I fit into the infinite scheme of things. I am parasitic, front running, technical (Scientific) extracting-the-full-offer-of-the-market, always in and always on the correct side of the market trader. My presenting level of trading is advanced beginner. My personal level of trading is expert. If someone imposes on me, then I answer their need or want; they also get the consequences of my answer. Trade Navigator is doing a training session somewhere on the 15th to 17th of september. I may go s a paying customer. I do not use their platinum level and they are touting its usage. Therefore, I may not be allowed to attend their meeting. I phoned them to find out where it is. I left a message since I called early in the RTH and they were not open at that time.
We are already.transitioning into talking about.paying for some .. jack I love you.. I'm going to come up with a product for you to sell haha
I think it's the other way around. In every thread where you create another episode of The Jack Hershey Show, there are four elements that are conspicuously missing..... 1. Proof that you trade 2. Students who "graduated" 3. Concise writing 4. Risk management Not to mention respect for the original topic......
i just wanna say.. anyone that really knows a subject can more easily put things to where an idiot would understand them.. (like myself) ... Heres good ole Albert.. "If you can't explain something simply, you don't know enough about it. " Be frank.. realize everyone isn't at astro physics math.. We all weren't phd statisticians. And making yourself seem smarter with the level of complexity of your language just makes you look like a jerk.. And we aren't interested in buying anything thank you
I've never seen someone spew so much bs, so consistently and in every post. The small fact is that if your system was half as good as you say it is, you'd be a billionaire. That is why no one with half a brain believes you. "Always on the right side of the market." Really?
this guy must totally get a hard on for these kind of responses.. cause he sure invokes alot of them hahah
I have nothing against Jack, even appreciate time spent chatting with him (when I had a different username here ), but regarding performance... When asked, almost any trader can give calls or show his/her trades, there is no problem about it unless you exploit some rare edge, which can easily be eroded if someone follows you. But when someone refuses to make a few calls or show a few trades (no need for actual $ figures of profit, that's confidential info and it would be unpolite to ask for that for any normally socialized person, unless a trader is willing to show it publicly him/herself)... it makes other people ask themselves a question... why so?
Jacky, take your meds, please. It is me,your doctor trader. It will be alright, ok? Nothing to worry about... Liz will be waiting for you. Just take your meds. We will meet tomorrow,watch television, talk about reversing, post on ET, drink tea with Liz. There will be a lot of your friends all dressed the same from the Navigator platinum ok? Just take your medication and go to sleep now. And you were absolutely right, the meaning of your communication is the response that you get. Swallow the meds... Good boy. Sweet dreams. Lights went off. The patient fell asleep.