Thanks jem. I do not trade everyday as I am still learning and have other commitments (but I do perform drills everyday as mind building exercises). But when I do, the results confirm my skills are progressing. Spyder recommends one earn 3X their annual income before considering a shift in careers, so I have some further progression which must occur. I am quite confident I will continue to be profitable in the next few months time and plan to move to 4 cars in such time. The more and more your mind is built the more the method gives you the good mojo feelings Here are my last 2 trading days (7/31)...
and (8/1) P.S. I do wish people would stop hounding Jack so much IHMO, He has given out a wonderful method.
don't worry, they will come around eventually. -------------------------------------------------------------------------------- Quote from PoundTheRock: 03-18-07 05:58 PM One can grow to appreciate all flavors of Kool Aid in trading and not worry about it being spiked. -------------------------------------------------------------------------------- A Public Apology To Jack Hershey http://elitetrader.com/vb/showthread.php?s=&threadid=87746 sooner than you think, remember callmate kept posting the same trade day after day, guess what can you do when you do the same trade day after day after day.
Once you start talking $ amount without reference to size , you lose all credibility. Like some clown that goes to the track and says he made 50k. But he did it by betting 100k on a 1 to 2 shot. 2 bit phony
lol. I observe people can remain irrational long after doubt is removed. Oh I see, you mean something like this one here... Or maybe this one here.
It never seises to amaze me, in life, you have hordes of people who have established beliefs which support their thinking and perceptions. They continue down their paths, contently, unaware of possibilities existing outside of their bounds. Why?, because they are unable or unwilling (or both) to challenge their own beliefs. Therefore because they cannot perceive this, they must be correct and any mention or challenge to their beliefs leave them feeling bewildered and confronted and threatened. Shame really. Flat Earthers... Well be careful where you step... You may just sail off the edge!
And it never "ceases" (learn to spell) to amaze me that there are so many suckers born every minute.. Jack has been exposed time and time again as a con man that can't trade.. his pathetic videos show him commenting on what happened several bars ago.. and the few times he has ventured into an actual trade he has lost spectacularly.. grow up.. there is no 3 times the daily range without ever having a loss.. it's just something kool aid salesmen say to suckers
Here's a screenshot from Jack's camtasia, along with what the stock did afterwards. And here you can download a small mp3 file to hear Jack himself talk about the trade: <a href='http://www.mediafire.com/?0ielxnmeiro'>http://www.mediafire.com/?0ielxnmeiro</a>
Whenever people ask me about trading I refer them to Jack Hersheys method. They never bother me again.