I'd like to address one of the things you wrote in your tome: If you allow the transfer of the JH methods to you so you can make use of them, then money will come to you from wherever it is at the moment. Prove it. You're always making wild, bizarre claims... for example: I do reach my goal of 3x H-L in ES as a practice. http://www.elitetrader.com/vb/showthread.php?s=&postid=912447&highlight=reach+goal+3x#post912447 Yet the only documented performance for you that I know of is -24% in a trading contest. How about opening a chatroom here or someplace similar so we can all watch you make your usual 3X daily range? http://www.tradingrooms.com/
Are you a married guy? do you have children? Is there any thing in your life which satisfies you? I just can't seem to find the human aspect in you. you've been arguing with Jack for Years!!:eek: Where in the heck do you get all that energy? I referred to you in a previous post as a person which probably has A high IQ, a smart guy, But you're squat with it. Each and every post of you contains an enormous amount of effort and structure put in, solely to piss off Jack? Come on now..What's behind the curtain here. for once drop your mask, and tell what drives you
This from the guy who got kicked off the Iterative Refinement thread by spydertrader. asstral gets the boot LOL, maybe he's trying to get back into their good graces.
Since you're still a Stage 1/2 Hershey Trader, I forgive you. http://www.elitetrader.com/vb/showthread.php?s=&postid=1940582#post1940582
Since I am a newbie, I will offer my opinions on the matter. My experience has been very good. JH methods focus on a well defined and established template for learning to see the markets operations. From my observations, it is a template which can be used in any liquid market. It is scalable, transferable and works under any market condition. The teaching method chosen to "transfer" the techniques instruct the student to perform a series of monitoring drills which build requisite skills and train the mind through performing correct repetition of each drill. Each subsequent drill builds upon the preceding one to produce a sufficient set of information which, when correctly analyzed, allow the trader to make a decision, placing him/her on the right side of the market. The drills, when applied correctly, appear to have a synergistic effect by informing the trader what is happening and what will happen next. This is referred to as What Must Come Next (WMCN). The routine taught is referred to as MADA (which refers to Monitor, Analyze, Decide, Act). The techniques require work and time to develop and deepen. As layers are added, skill is refined, and experience and knowledge are developed, a trader establishes increasing skill levels. The pinnacle of these offering the pinnacle of capacity. As mentioned 1X, 3X, 6X, 7X, nX... The capacity to extract is based on what the market offers in a given session and what the trader can extract efficiently and effectively given his/her skillset, knowledge, and experience. I also have an opinion on how this thread (and so many others like it) start and end. I have read posts of those who have been successful applying JH methods. I have also read posts which claim that the techniques do not work, but after further investigation it appears to me that the prospective student(s) who found failure with the techniques - did not follow the prescription of the instructors "transference", but instead "translated" the information and material. In my opinion this is very unfortunate, but should not be the end for an individual, just an opportunity to take another path. What I cannot understand is the obsesive pre-occupation with demands for proof and the steady and regular harassment of an individual or group of people. If a person(s) wishes to study JH methods or not, is up to the person(s). What I observe is very angry people complaining and demanding proof. If you feel slighted or have tried and not been successful, I would humbly suggest you move on. If you have found benefit in JH mehtods, well that is great, and I am sure it satisfies those who instruct in his techniques. To me it really is a simple matter. But every other week some new thread pops up and it is the same stuff again and again. The same arguments have already been recorded and re-recorded and re-regurgitated and re-____________ (fill in the blank). I mean really... what is new here (under this sun)? Peace.
First off, thank you for your intelligent, on-topic response to the thread. But you're worng in terms of how and why these threads start. Jack Hershey makes it a habit of going around to other peoples threads, butting his nose in their business, and then starts in with the fantatiscal claims (none of which I believe - despite your statements to contrary - in the least, for reasons which I will not divulge here) of extraordinary profitability. Unlike your ultra-sophisticated SCT Methodology, it's really as simple as that.