As for pretenders, I don't really know of whom you speak. Everything that I’ve come across in the multitude of threads contributed to my discernment. Fyi, before the beginning of this thread, I've exchanged over 30 pgs of private messages with Wchpl. In response to your previous public posted assertions that not all of Jack's work is published and that there are crucial elements that keep one from attaining any profitability with his methods, I've encouraged Wchpl to begin a public journal as an effort to keep things true to Jack's intent. He graciously took it on and since starting this journal has been public with his process. Jack’s intent, from my pov, is the basis of PEP and only has three requirements; 1) Fulfill the promise of extracting from wall st to fix main st problems, 2) Do the work of MADA consistently, throughly and completely 3) Pay it Forward to other thinking minds. @WchPl has experienced many a crux and has overcome them time after time. There were cruxes where how I was stating a distinction just didn't make a difference and that having others comment created the difference he needed to move on. He certainly can speak for himself, my perspective and comments are all from my witnessing his process. His determination, work ethic, perseverance and stamina are extraordinary. He deserves to receive the fruit of his labor - to be in the market and on the right side of the market at any given time with the feelings of support, comfort and confidence. The by-product of monetary rewards are life-changing but not nearly as much as the assimilated-into-your-bones insights on how liquid markets actually operate and how to profit thereby at any time, on any timescale with any market. Would it require the same effort by someone else? Probably not, most likely different degrees of effort are required since we all come with our own morass that requires different degrees of untangling. An insight that might be easily seen by one could be incredibility difficult for another. We all have a unique lock for deeper and more encompassing understanding. The only person whom has the key is ourselves. Perhaps this has more to do with your own understanding, assimilation and integration of Jack's work? If there is a problem, then look to see which of the three requirements one is not fulfilling. Doing the work by starting a journal, posting a chart, filling in a log, requests for comment will make a difference; complaining about sour grapes much less so.
You and the others missed my point: it wasn't about the method's merits, or lack of, it wasn't about Jack's posts. It was about what's happening in this thread. Again, it is ridiculous how you sound like spydertrader in his later posts on ET, mimicked by several others as well that eventually acquiesced not mastering the method. It's cruel. After one year of hard work from wchpl, the right thing to do is to either give him something he can use now, or leave him alone. This can be done privately, as you might prefer. Even in your last post you adopted the same tone of unjustified condescension and superiority. You should responsibly consider the implications of your posts, advice, and requests for wchpl as a person. PS: In the spirit of full disclosure: Although my interjection isn't about that, and my posts where meant to avoid such subjects: 1. I know that Jack Hershey's original method (stocks and ES) can be used profitably. 2. I believe that all the ensuing iterations reduced the original method's beauty and applicability. 3. I believe that you just got carried away, with no malice.
It might be very well the case I've missed your point. I'm still not clear whom you are referring to in 'mimickers not mastering the method.' It's not my intent to be condescending nor proclaim superiority. I know what I know from the results of my own work and have documented that process since my first post on ET. I also know as Wchpl continues that he will receive the fruit of his labors. You're certainly free to think whatever you think, I have no control over that nor your emotions. May peace be with you. On a personal note, I took my time with the material seeking more to assimilate and comprehend vs just following the convo along and/or just making through the end of a thread. I started at the beginning with PVT, programmed it and doubled my capital with it in an unbelievable short period of time. Most likely those experiencing some difficulty in his later work chose to not start at the beginning. I also experienced all the negative feeling emotions that are possible from confusion to frustration to anxiety to anger to downright despair and everything in-between. When Spydertrader started posting in the other forum with asking questions instead of providing direct answers, I was pissed! At that time, I thought I just needed direct answers to what I thought were very simple questions. It turned out to be not the case. By stimulating my thinking and deductive process, he gave me access to Jack's writings, which for the first two years was incomprehensible to me. I just stuck with it, basically letting the words just 'wash' over me - hopeful that something would stick. Eventually, as I continued, more and more of the concepts and principals did stick more so from doing drills and MADA. I also appreciated everyone whom interacted with Jack, even the chronically negative detractors. There was a point though where my comprehension accelerated, it came around the same time as physically printing out threads into 3-ringed binders, using a #2 pencil and ruby red eraser doing every drill offered as well as compiling a very long ignore list (~400). The ignore list became necessary for some posters doubt just magnified my own. Since our time is limited, it's important to make a conscious choice of what to put attention upon, in my world, the realization of an ever-increasing equity curve doesn't leave much room for doubt. This is a world that I feel a deep appreciation and gratitude to Jack and Spydertrader and all whom participated in those threads for introducing me. They didn't have to share what was possible, nor put up with the un-relentless BS they endured. An overwhelming majority of the posters on ignore washed out anyway. Your viewpoints are valid and they are more a reflection of where you are than anything about Jack, Spydertrader, or any other practitioner of the method, including me. I invite you to continue with Jack, everything he has spoken I have discovered to be true, even his most outlandish and unbelievable claims. It's really a 'you with you' issue even though it's currently framed as 'you with other' and 'you with group.' If you feel you can do better at transference, by all means - share to your hearts content and lead by example.
Okay ... Bottom line: you're a pretender. You aren't profitable. And shame on you for what you did to WchPl! This isn't trolling. I didn't troll you. And I was overcareful in addressing you. I was wrong to to so. My original post:
Lol, whatever dude, the only person here pretending is you. One would be hard pressed to find your posted results of a drill, a chart of your own work, a completed log nor post that demonstrate that you understand very much of the methodology. You had the luxury of interacting with Jack while he was alive. The only person responsible for not getting it nor being extremely profitable from applying the methodology is you. All you’ve added to this thread is doubt. Troll away,...
Maybe RDBMS just isn't his cup of tea! Also to remember: Most folks called Jack a pretender. All the while he shared a mountain of practitioner info about trading and TA, the critics mostly just trolled and shared negative value. Anybody can research and investigate (MADA), instead of being lead. Sad for a lil' BM, Rev-disappointment, to derail the thread!
Part of the difficulty here nobody has grok'ed all of Jack's texts. Though there's a HUGE difference between reading 10 posts, 100 posts, 1000 posts, 5000 posts, 10000+ posts.. besides the work in between that should make the content more relatable in the mind. If something works, or not, for someone, it might be any part of the huge body of published work. The last inventions, like RDBMS, will require much more work than just implementing a KISS solution and work on rockets. However, the practitioner that must make it work, remains the same. There's an unspoken mythology in the world: That results and success come for free, not from hard sustainable pursuit. The actual pursuit and long hours are effectively invisible to others. School and academia are not foreigner to long and hard study, for good reasons.