Why don't you read the 932 pages posted already on this topic? It won't take you long to determine whether or not it's worth following. Will it really help you if someone tells you they are making x amount of dollars from it? TNG
My impression Bullshit Master: Is that you are having a bad time....I am not surprised...You don't want to learn...You want to tear things down... My suggestion is go get a kids play set...take out your agressions building things and then blowing them up... Then when you have to act like an adult...You have a little cushion to work with.. Otherwise, I can't think of a reason to pay more attention to you than I would a spoiled little child yelling at his mommy for ice cream..... By the way just to make things perfectly clear...I don't need to lie..Because I don't give a shit what you think...Its just not necessary....Sorry but you just don't have that much stature as far I am concerned... Now if anyone but "ass master" here wants to discuss those parts of Jack's/Spyder's system that I found valuable, PM me...
Son, and I call you "son" because your IQ is on par with my 1 year old nephew. Not only is your IQ pretty low, you're an accomplished liar. I wonder why anyone who purports "to have managed money all my life" would need someone else nonesense at the end of his "money management" career. I don't need to "dig for gold" . I find these Kool Aid threads extremely irritating. They seem to pop up every day like prairie dogs breeding on viagra ( or kak's Kool Aid ?!) . What these prairie dog threads do is entice foolish new traders to spend endless hours deciphering what will eventually turn out to be nonsense. If anything, it seems they'd be better off reading Spydertraders journals than KAKs nonsense.
Well AssMaster: Again I could give shit Again you can go fuck yourself Again you have no more stature here than a spoiled kid Again you are it seems not a trader but an amateur pretending to trade... So This is the perfect place for you....Stay here and keep on whinning like a little bitch... I have to admit, I take some small pleasure in thinking that tomorrow I will get up and make a few bucks, because I took the time to learn a couple of new concepts...While you were acting the complete asshole (and doing a wonderful job of it I might add)
I'm posting the following for the benefit of ET's resident habitual liar, sonny boy Steve. Who purports to "have managed money all my life" yet needs to resort to "mysterious phone calls in the dead of the night" to be taught how to make money " in my retirement after managing money all my life". LOL!! <a href="http://imageshack.us"><img src="http://img211.imageshack.us/img211/717/mytakeon20060216bntne7.gif" border="0" alt="Image Hosted by ImageShack.us" /></a> ( Taken from Spyders Journal and additional notes made by me. Hope he doesn't mind ) If you want to do the above in realtime, take out all indicators. Throw them all in the trash, because that's where all indicators belong. Put up your futures chart and pull up level 2 and T&S of a stock that trends with that ( could be lagging or leading by a few minutes, doesn't matter ) particular futures market. Now transfer weakness and strength from the stocks level 2 to your entries and exits in your futures trades. Oh, of course you do understand it'll work when it does and won't work when it doesn't. You don't have to be in the market "all the time" because you friggin can't be in the market all the time ( unless you're KAK!! LOL ). Not being in a position is one of the most powerful positions of all ( something KAK has'nt figured out yet!! ). I know KAK is lying when he keeps on insisting that he's taking out 3 X the average daily range using lagging indicators . LOL!!
Yes yes, little boy I know you need your mommy!! I'm busy with her at the moment. Now run along and play with yourself until I'm done with her! LOL!!
You have a real talent for taking what is promising and making shit out of it.. Nobody here can fix that...I am sorry to tell you No matter what you do, no matter how you whine, and bitch and act like a wussy, you just aren't a trader..You probably don't have the aptitude for it.... Post all the charts you want....Really who cares. If you had a little more sense, you would spend your time watching, listening and learning...But it ain't gonna happen is it? Now its 11:20 here, and I am done verbally kicking your ass around the net...Thanks for the entertainment....Too bad you haven't yet found the tone you want to adopt with me... You have a wonderful day doing whatever it is that you do for a living. Steve
I do feel sorry for you. Really. Now run along and go manage your virtual fund you've been managing all your life! ROTFLMAO!! Now tell us which virtual market you'll be trading tomorrow? On a lighter note. New traders should spend all their time with Wyckoff material than the indecipherable gibbrish that KAK posts. The entire market is based on Wyckoffs price and volume logic, not KAK logic.
Retired you dumb shit...As usual you don't listen....and because you don't listen...you remain a wannabee...a whinning insignificant little wannabee sucking around here for a system that you can use to make a buck...and pissed off because you can't make it happen.... Do we need to spend any more time on you...I don't think so
One can trace the origins of the first flame wars over Jack Hershey's methods online. Beginning on USENET (misc.invest.stocks) in November 1999 and continuing right up until today on ET's web site, the debate has raged over the validity of Jack's claims. After nearly seven years of discussion, it appears as if nothing has changed. Jack continues to post volumes of material and Jack's detractors continue to demand 'proof' of profitability. Obscured by verbosity, flaming posts and ad hominem attack, most people miss Jack's methods behind the apparent madness. Jack understood long ago what most web site administrators learn along the way. Controversy breeds interest. By example, one need look no further than the (now deleted) Traders International Threads in order to see the extremely high levels of page views which surrounded that controversy. A huge influx of interested members flooded the thread not only with posts, but also, simply be reading the comments, the page views went through the roof. Already, this small thread, in its relatively short life, has rapidly seen an increase in its page views. Jack understands this concept (always has). As a result, he has chosen to post in a particular fashion - one which draws the ire of many posters - but at the same time, generates tremendous interest. What better way to spread one's message. Doesn't it seem odd to anyone that Jack could have, at any time, put an end to the controversy? Over nearly seven years, he could have posted some trade confirmations, traded in real-time via a chatroom, or provided some other form of 'proof' of profitability. Jack's detractors would have us believe the reason no proof exists has to do with Jack's inability to trade. They make up cutesy nicknames for the old man, attack his personal life and call him a fraud. They wonder aloud why, with all this animosity, doesn't Jack simply end the debate once and for all. And just as it was in 1999, just as it always has been, Jack fails to acquiesce to the demands of his detractors. Why indeed. Well, I'll ask you all the question then. If you had several million dollars in the bank, a fulfilling personal life and a goal to share your knowledge with those individuals willing to put forth the work, would you give a rats ass what anonymous posters on the internet thought of you? Of course you wouldn't. Now, combine the answer to the previous question with the fact that controversy does indeed breed interest, well then, one can easily see why Jack has absolutely no plans to 'prove' anything to anyone. In an ironic twist, everytime someone decides create a thread in an effort to 'debunk' some part of Jack's Methodology - and "warn away unsuspecting and vulnerable newbie traders" - the exact opposite occurs. The detractors themselves end up creating the increase in interest with their own posts. Smart people, people who never (or rarely) post on ET, people who prefer to lurk in the background read the posts, and search, for themselves, the answers they need. As long as open-minded individuals continue to seek knowledge, they can, on their own, arrive at a conclusion with respect to the profitability of Jack's Methods. So you see, Jack has neither the time, nor the inclination, to provide 'proof' which would end the controversy. It is the controversy itself which enables Jack to spread the message. In fact, it was a post made by a detractor long ago, which initially generated my own interest in Jack's Methods. Jack doesn't refuse to provide proof because the methods don't work - far from it. Jack doesn't provide proof and chooses to write in a style which generates strong emotional responses because, doing so, helps to spread the message. While I may disagree with his style of transference and his online demeanor, I certainly cannot argue with the facts. Jack's posts, and more specifically the discussions about Jack's methods, generate a great deal of interest. Is it so out of the realm of possibility to understand that Jack has used his detractors to help spread his message all this time? Believe it or not, that is exactly what Jack has done. Now, I don't really expect anyone to believe what I have posted here, but I have met the man, and I can tell you this. Nothing he does happens by accident. Call it Guru envy, hero worship or even claim I downed several gallons of grape Kool-Aid. Whatever makes you happy. But the bottom line is this: his systems work. Believe it; Don't believe it - that choice is yours. Good Trading to you all. - Spydertrader