Objections to SCT

Discussion in 'Technical Analysis' started by Joe Doaks, Mar 19, 2007.

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  1. achilles28

    achilles28


    Coward??

    You're posting under a fake handle to take cheap shots at Jack.

    LOL!!
     
    #221     Mar 21, 2007
  2. achilles28

    achilles28

    Get a grip.

    Laughable you're hiding behind a tree while calling somebody else a coward.

    HAHA!
     
    #222     Mar 21, 2007
  3. achilles28

    achilles28

    ;)
     
    #223     Mar 21, 2007
  4. achilles28

    achilles28

    You need a hobby though. Seriously man.

    All this hate is going to eat you from the inside out.

    Put on some Grandfunk Railroad and just stone cold grove, bro!!
     
    #224     Mar 21, 2007
  5. slacker

    slacker

    Well, now that we are all friends...

    What have we learned?

    1. That SCT is just a rehash of TA techniques of questionable value that have been presented as the holy grail.

    2. That 'always in the market' is similar to Drumond Math and SAR (previously very successful in volatile markets but not tradeable recently).

    3. That Jack communicates the way he does to attract attention.

    4. As a 'promoter' Jack's 3*H-L does not set any ET records. MarketMonk for example posted the following end of day totals:

    Day 23 Trading Results
    Total profit for today = 1,757,250
    Total profit for the month = 8,343,713
    Total profit for entire campaign = 8,405,833

    That, my friends, was turning $5000 into $8 million in 23 days. Now that's entertainment!!!!!

    Monk was also an 'always in the market' advocate so maybe Jack studied from the same book.

    Fxxxx Sxxxx was very popular for a while with his claims of $100k daily profits; until an insider ratted on him. I think he is offshore now. Sad. I did so love his "I ... hereby declare that every trade of every contract I post in my trading room is real, and is executed on the CME ES market."

    Jack calling for 2 1/2% a day and $10,000 into $15,000,000 within a year seems doable. No?

    5. That anyone, promising outrageous results can post here and find a devoted and committed following ready, waiting and eager to get on board.

    I can see why nobody wants to post a blotter. Why spoil the fun! This can go on forever!! :)
     
    #225     Mar 21, 2007
  6. achilles28

    achilles28

    Too funny.

    Im out for the night guys. Take it easy.
     
    #226     Mar 21, 2007
  7. achilles28

    achilles28


    Cant resist...is that true?
     
    #227     Mar 21, 2007
  8. stereo70

    stereo70

    windwalker proudly wrote:

    The guy I'm talking about, and I don't know him, was posting profits in the PNL thread for a long time. He is now learning SCT. I do not know if he is profitable. I do know this: You have problems.
     
    #228     Mar 21, 2007
  9. Who amongst the big winners (or even moderate) in the P&L 2007 thread trades your method Jack.

    I don't actually have a problem with what you've said but given the magnitude of the claims you'd think that someone would be able to demonstrate that they're real.

    Fourth attempt.
     
    #229     Mar 21, 2007
  10. Atlantic

    Atlantic

    #230     Mar 21, 2007
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