90% of people who attempt to trade will never even master a simple bear flag, which have been around forever. Why would it be any different for this or any other method?
Today 1 in 110 families is a millionaire family. It is not possible to make a ratio or a % from this statement. Too many 1's in the numbers, I am told. Wnen you read the numbers I posted I am sure you quickly concluded a ratio is not possible. In a few years it may be possible.
.........Remember when you are asked for money to be members of the flock , website, or whatever these shysters are up to ....I warned you. ..
A few people have asked me to come back to this thread to bring clarity to all those lost souls who roam around these pages complaining about Jack's methods... After posting this message I will once again unsubscribe from this thread so you guys can continue throwing rocks at each other in peace and quiet...... A few, very valid points: I believe that most of the people who voted in the poll saying they have made money are lying. I know that most of the people who say Jack's stuff is worthless are correct. And I will explain why. In order to understand Jack's train of thought you have to be intelligent. Better than average intelligence though. That is a requisite. Over the years many here have complained that they can't understand what he writes. DUH ! No surprise so many feel intimidated by him. That is why it is so hard for Jack to find people who can truly appreciate his work in this forum too. The reason why I know most people have lied about making money is because I doubt very many have put in the hard work and time required to learn to excel using his methods. I don't think it is surprising to see why many should fail to understand his message, most people are just damm lazy and don't want to the the work.... The average Joe here wants to read a book in three days and start trading, making a living, right away, for the rest of his/her life. A career in a week, a few books and done.....sure....piece of cake... I know many who have been here a few years, and still they are not willing to open their BIG heads to learn something new, even when they know that what they are doing is not working... They complain about Jack, but, are they themselves teaching anything to anybody ? Absolutely not. It's understandable, it's just how the masses behave in general...bunch of monkeys running around with nothing to give but the voicing of their own failures... He is doing well for those few lucky ones who understand his message.....and are willing to learn and do the work. No reason for bickering....just work in progress....beep beep.....out of the way and from this thread.... Good luck everyone....
Seems to be that I rufflled someone's feathers... Got this PM.... Me no comprende, I thought you were the one smelling his ass not me....lol and I got the proof here.... http://www.elitetrader.com/vb/showthread.php?s=&postid=1401792#post1401792
Actually intelligence has nothing to do with it, understaning Jack's post's are like driving home from the grocery shopping where you spend a lot of time and mundande effort going about your daily tasks of shopping Would you spend as much time shopping, making a list, picking out your frozen peas as you would reading his posts or threads about his posts? They are mundane and without meaning now as you have already realized and not worth your effort or reply. Frozen peas are frozen peas after all. After my kids put away their crayolas and sit down to dinner, sitting and laughing with me about my night, they eat their peas and their dinner. Not even thinking about what I have already forgot, buying their peas. Shopping is a search for realization, realization of your produce, meats, chochoate, frozen vegetables. Realizing it and buying it with that part of you that makes your heart beat, you didn't even think about it. When we start shopping we will buy all the peas and chocolate in the store. When we drive home and think about it we will start asking questions. What are the peas for and what's with chocholate? One is good and the other bad? How can I have them both. When you drive home, not thinking about where you are going, you realize things you never realized before, the bumps in the road, the house off to your left, wondering who lives there, the sound as you turn into your driveway and ease into your home you find without even thinking. Jack's post as are easy as that, and without meaning but they seem to take you somewhere you want to go now. And you spend lots of time shopping for peas and chocholate when you could be laughing with your kids, like I do every night.
His posts may or maynot make sense, as you say T28, but his money managment and contract increment algorithm make perfect sense, and they are what saxon22 is searching for desperately. Thing is, you actually need some experience to understand what he is saying. Good trading, Jimmy Jam