I know you're too immature and dimwitted to understand this now but maybe some day when you grow up or get an education you might, so... by fabricating trades to prop up your own ego AND support someone who's played pied piper for 10 years, you're a HUGE loser on not just one but multiple levels! But we digress...
Begins with the assumption that only the trendline determines continuation or change - incorrect. adds opinion attempting to masquerade as fact arrives at illogical conclusion based on false premise continues to pour on the opinion without facts to back up the assertion. You mean created you, right? Hypostomus, do you save the pretzel logic for the sock puppets to post? - Spydertrader
Think about it, Spydie. What if you didn't HAVE to pay attention to volume? You have all those convoluted volume rules that remind one of the epicyclic fixes to Ptolemaicism to avoid Copernicanism.
Convoluted? Increasing Red. Increasing Black. Decreasing Red. Decreasing Black. You find four states of Volume complicated? Trading off price alone also works, but adding volume doesn't complicate the system as you claim. As much as I'd love to hang around and chat with you some more, there's a race on - Bristol. Enjoy the rest of the weekend everybody. - Spydertrader
Ma'am, I understand the thought of wasting 10 yrs of your life obessing about Jack is really weighing on you, but its still not too late to do something positive with your life
Tdog, the nice approach won't work. Neither will being combative, or anything inbetween. Because there is no trading record to prove Jack's flatulent boasts. Never was, never will be.
That is the crux of the matter here btw. "What everyone knows" is conventional wisdom, Jack calls it CW. Down through history conventional wisdom has always been way off the mark. Now, in realtime, what most people don't realize is that, still, conventional wisdom is way off the mark, in nearly all areas of life, as badly as it was in the middle ages!! I'm finding this to be true in every area of life I investigate, trading included, and I am finding that you cannot learn this without due diligence on your own. I'm finding that an open opinion is different than "being open minded", and that an open opinion and due diligence is the only way to go. All these objectors here have closed opinions or have not done their due diligence, or are incapable of doing it maybe. A few seem to have started to try to learn and concluded that it was all hogwash or that nothing new was being presented, I'm not sure that their investigation was very thorough at all. On the part of some I am seeing that they think that the correct answer to the huge trading problem cannot be very simple. Correct answers to nasty problems are often, very often in fact, very simple. Take e =mc squared for example. This bothers people that are capable of finding very complex answers because if the answer is simple, then a new guy can come along, learn the simple answer and take the ball and run with it while the complex-thinking-really-really-really-smart guy will be paddling his little canoe around the circling muddy waters and getting mediocre results at best. Compare Dewey to his older brother on the "Malcolm in the Middle" for a very humorous presentation of this. What is really surprising is the amount of effort people will put into NOT having open opinions and doing due diligence, damn, it's freaking unreal. I'm seeing it everywhere nowadays. People damanding that Jack produce clear answers and a trading record..... it is strange what Jack does really, but does he really owe anybody a clear explanation and does he really have to produce proof? I'm thinking that if he doesn't want to, he doesn't really have to do much of anything along those lines.
The problem is that every kook is hitching his star to that tired old wagon. "Forget eating healthful foods to lose weight. That's conventional wisdom. Eat saturated fats as fast as you can wolf them down and live forever while looking great." Or, "Cure cancer with new age spiritual healing. Conventional (wisdom) therapy is so closed-minded." Or, "Spend your way to prosperity. Saving is so conventional." And so on. The problem with dissing conventional wisdom out of hand and with a broad brush is that it also lets all the bugs in through the screen door. (Let me know if you require a television medium to communicate with any departed loved ones. Operators are standing by.) No doubt, you have done your due diligence and have verified Jack's performance claims to your satisfaction. However, if you view his method as "simple," then you and I have fairly different interpretations of that word.