You don't dispute trading Jack's methods produce profits, but you do dispute the 3x H-L claims. Fair enough. - Spydertrader
You're kidding, right? Jack has dissed just about everyone who IS real as the "conventional orthodoxy," and has made the most empty, pompous and flatulent boasts of his alleged trading accumen as if he's superior, and you post a few two-bit trades from 3 years ago as "proof?" Trades that apparently were made with an IB demo account which was 15 minutes delayed? Not that any of this surprises me.
Sorry, I didn't find the P & L I linked to in those threads. Do you mean to imply that the P & L is in those threads? - Spydertrader
Why dont you ask your guru if he was busted using the 15 min delayed IB demo account and report back to us ? I'll wait for your response.
Someone says they profit with Jack's methods and you have gone on for months claiming it couldn't possibly be true and won't believe it without proof. Someone else makes a counter claim and fails to provide proof, and you believe it quicker than shit through a goose. Classic. - Spydertrader
Still waiting on those links for your claim with respect to the P & L. Let me know when you decide to provide them. - Spydertrader
Close. I think that the underlying premise (based on the little that I have been exposed to), amid what I personally view as a fair amount of (potentially superfluous?) complexity, appears to have some theoretical merit. Therefore, I suppose it can potentially produce some profits. Only the people who understand it fully or employ it regularly know for sure and how much. However, in all sincerity, I share most of Hypostomus's concerns (objections), and the "always in" premise is not a selling feature. Sorry, but that's the best I can do with the little I know.
Damn right! I've watched Jack BS people on the internet for almost 10 years now. If he's even one zillionth the market wizard that he claims to be, there should be a lot more "proof" than a TWO HOUR "TRACK RECORD" FROM THREE YEARS AGO!