Exact Science

Discussion in 'Trading' started by outsource, Sep 10, 2010.

  1. pullback

    pullback

    That is a ludicrous comment, any trader worth his salt knows that when the claim of millions in 2 months is made it's utter rubbish, he need not waste his precious time on delusional claims.

    He also knows successful traders never, ever give away their edge as it then ceases to be an edge, these truths are self evident.

    One has to ask why you are so defensive if the claims are true, surely if millions are to be made in mere months you are already a millionaire, and certainly Mr Hershey and Proflogic must be, so why the angst?

    Of course if I am wrong it is a mere trifle to prove me so, I await the proof we all know will never come.
     
    #371     Dec 14, 2010
  2. pullback

    pullback

    Yes talk is very cheap and you are incapable of backing it up with any proof, you also seem quite angry which means I hit a nerve.

    And it's money that talks, and you can't show any.
     
    #372     Dec 14, 2010
  3. piezoe

    piezoe

    May I suggest for disciples of Jack some supplementary reading, viz., "The Strange Last Voyage of Donald Crowhurst," available through Amazon.
     
    #373     Dec 14, 2010
  4. pullback

    pullback

    A true "Sailor's Classic." Reading this book it is impossible not to feel compassion for Donald Crowhurst who set out to win the Golden Globe challenge as the first man to nonstop circumnavigate the world alone in a sailboat.

    Crowhurst's early years are well-documented and give us a picture of a driven and compulsive man with some serious character flaws and an aversion to failure. Yet failure was a condition which dogged him throughout his life.

    Crowhurst's decision to undertake the circumnavigation was both dramatic and ill-considered. With relatively little sailing experience and a lot of bluff he convinced his sponsors to fund the building of a revolutionary trimaran, the "Teignmouth Electron" equipped with all manner of electronic wizardry (Crowhurst had invented a sort of early GPS, the Navicator, in the mid-60's).

    Unfortunately, the "Teignmouth Electron" was never properly completed, the race deadline having intervened, and Crowhurst sailed in a boat that was unfinished, poorly provisioned, and untested, having done miserably in what passed for sea trials.

    Setting out on the latest possible day, Crowhurst found himself limping along at a ridiculously slow pace three weeks later. Plagued by equipment failures, the "Teignmouth Electron" was taking water due to design flaws, and had no real chance of completing the race. Having staked all on a successful outcome, the tension and isolation of his predicament attacked Crowhurst's mind.

    In a fit of brilliant madness, Donald Crowhurst spent hours working out and logging false positions, sun sights, weather reports, and sailing notations to make it seem he was circling the earth while in fact he meandered pointlessly through the South Atlantic for months. He even secretly put in to port for repairs, a fact which was not discovered until after the race, when his "real" logs were reviewed by investigators.

    Crowhurst's position reports and daily runs were diligently reported onshore; he was (falsely) credited with a record run of 243 miles in one day, a record he actually matched in reality once he decided to begin sailing in earnest again.

    In the meantime, for all the world knew, Crowhurst was going to be the winner of the Golden Globe. As he turned toward home, the media hoopla grew wilder, and so did his delusions. His log entries degenerated into irrational philosophic and religious ramblings in which he began to believe himself God. In the end, tortured by his demons and consumed by guilt, Donald Crowhurst jumped into the sea, leaving his boat to sail on without him.

    Brilliantly and sensitively written, without tendering excuses the authors Tomalin and Hall never lose sight of the essential humanity and frailty of their subject, as well as his consuming but undirected brilliance. Relying heavily on Crowhurst's logs, it is devastating to watch the man's mind unravel in the face of his aloneness.

    Crowhurst's singlemindedness got him far, but it ultimately proved his undoing as he was unable to see any but the options he had limited himself to, the ultimate one being his own destruction. As Camus wrote, "In the end there is but one serious philosophical question, and that is suicide." Crowhurst's answer is his legacy.


    Yikes! :eek:
     
    #374     Dec 14, 2010
  5. #375     Dec 14, 2010
  6. after all who was it founder elctriciticty? and founded gravity?Newton and Faraday
     
    #376     Dec 14, 2010
  7. Why do we all speak in English?
     
    #377     Dec 14, 2010
  8. pullback

    pullback

    Well after researching Mr Hershey's post history it seems these claims have been going on for years and years with nary a single student claiming success let alone proof anyone (Mr Hershey included) made a single penny.

    So much for millions in mere months.
     
    #378     Dec 14, 2010
  9. nkhoi

    nkhoi

    would you go for a claim of 5 bucks in 2 months?

    yes it is a common knowledge.

    no angst? here, how about over there?

    there is nothing to prove. One should step up, take responsibility and prove it to oneself do not wait for the proverbial 'silver spoon'.
     
    #379     Dec 14, 2010
  10. pullback

    pullback

    All the 'words' in the world won't hide your evasion.

    A quick check of your post history shows you have been working with Mr Hershey for a decade now, and we both know you are not a millionaire, we both know Mr Hershey is not a millionaire, and we both know you can't offer proof because there is none.

    Name a single millionaire from this methodology that we can check, just one, should be easy if it takes a mere 2 months.
     
    #380     Dec 15, 2010