Hey! Why don't you go help out an SCT trader. He's got an "accountability" thread where he shows that he's not doing so well.
Half an hour has gone by and no respondents. No one to defend SCT. I now consider all the devotees an unruly gang of kids and internet grifters. Ciao. Salmon time.
Good God! Just happened to be passing through and got hooked on the discussion here. One question...no offense to any ladies present...but is there a pair of testicles ANYWHERE in this discussion!?? I mean what a bunch of hens! Look...either a trading system works for you or it doesn't. Very simple stuff here. If it works...keep using it until it loses its edge and enjoy the money. If it doesn't work...throw it away and find something else that DOES work for you. There really isn't even a need for a discussion. Does it work or not? See how simple that is? Geez!
But I just read everything Jack has written (I started 2 years ago) and he said I wouldn't have a losing trade? this guy must be doing it wrong
Heheh - I think, perhaps, you might have overlooked a couple ideas in my journal. Sometimes a simple reread can help drive home the more salient points. A few of those being: - although I have been at this game for a good many years (off and on, that is), trying every combination of canned indicators that I could possibly slap together, for some strange reason, consistent profitability has always eluded me, both in live and simulated trading - the main purpose of the journal was to generate a bit of emotional pressure for myself (public scrutiny), as we all realize how simulated trading pales miserably when compared to the psychological factors of live trading - I showed up at the Hershey/Spydertrader door packin a shitload of bad habits acquired through my aforementioned tribulations - any stated personal frustrations are directly correlated to my inability to apply the methods as taught. In other words, I am trying hard to somehow escape my scalper mentality (risk aversion syndrome) Bottom line here, boys - considering where I've come from and to where I am going, I'm as happy as a pig-in-shit - hahaha! Have a very pleasant Easter!
Jack is almost an octogenarian and if he has not worked out that price action is king by now then he either came to trading too late or just never had it in him to be a professional trader
Personally, I'm not too worried about 'ole Jack' (other than wishing him health and happiness) Where DO you people come from - heheh!
Good point! Another one of my personal weaknesses - forum addiction - at least here at ET I actually found something of value! Cheers ...