I have already taken 4 profits when I posted, and I wasn't even trading SCT. I trade the Jack Hershey Method. You can find out the difference here: http://www.elitetrader.com/vb/showthread.php?threadid=83604
First I want to echo the thoughts that it is ridiculous that some people are trying to defame the character of those people that are providing their trading methodologies for free such as Jack Hershey and Spydertrader. Worst case scenario: Jack Hershey's methods have zero edge and thus is over-hyped. Doesn't that pertain to 99% of publicly disclosed systems? At least it gives you more ideas (even if they are only what not to do), and to repeat, is freely given. Jack Hershey and Spydertrader, to my knowledge, do not make a single cent from providing this information. It just amazes me that they are treated as snake oil salesmen by some people, when they aren't even selling anything. If you don't like their freely given information, move on. If you think they've wasted your time, again how is that different than 99% of freely disclosed methodologies? Is every single thing in life that is valuable handed on a silver platter and obtainable without effort? I personally think the reason Jack Hershey and Spydertrader get attacked so much, is in the attackers' subconscious, they are actually jealous. What if Jack Hershey and Spydertrader are actually brilliant and profitable traders? Is the secret fear that the attackers might realize they are not as skilled as other people? Another possibility is some people don't like Jack Hershey's communication style, and it makes them feel good about themselves to put other people down even though Jack Hershey was trying to help people for free. It is easy to get your ego raised by believing other people are worse than you, for people some of the time, sadly.
It is sad isn't it? Here is a man who has given his time and energy for not a cent in return. Acts of kindness never go unpunished. Best Regards Oddi
JACK OWES ME AN APOLOGY AND I DEMANDED IT IN THAT TREAD, CAUSE I DONT SELL anything. I AM licensed BY THE CBOT DONT MEAN I SELL ANYTHING. I COULD IF I WANTED BUT I DONT - SO - ALSO MY ODDBALL SYSTEM THAT IS FREE BOTH OF THEM published IN A LEGITIMATE MAGAZINE active TRADER IS THE REAL DEAL NOT A FAKE CRAP LIKE JACK. GOT IT JACK? OR TUMS OR WHATEVER NEXT USERNAME YOU USE JACK....
To me it sounds like you are competing. What are you competing for? Jack charges nothing. Spyder charges nothing. So what are you competing for? Best Regards Oddi
Jack didn't accuse you of selling things, I did. From your web site "Since 1987 Brown has acted as and independent consultant to various institutional commodity traders and entities on a fee basis. He is a licensed vendor of the Market Profile Indicator for the Chicago Board of Trade. More From your web site ... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1706169> I expect you'll somehow claim 'fees' for attending workshops you run, fail to fall under the definition of "selling anything." - Spydertrader
Why the shouting? And since you don't sell anything, can I get my $5000 back? I clicked on that Paypal icon on your website and my card got hit for $5k.
FREE FREE FREE FREE FREE FREE FREE FREE FREE FREE OK NO JACK OWES ME AN APOLOGY CAUSE I HAVE GIVEN OUT BETTER AND MORE FREE ADVICE IN 20 YEARS THAN HE HAS IN THE PAST 3 YEARS. DID JACK EVER PUBLISH FREE METHODS IN ACTIVE TRADER MAGAZINE? I DID TWICE AND CAN JACK KNOW WHAT HE IS DOING WITH ONLY 3 YEARS TRADING EXPERIENCE? YET HE HOLDS HIMSELF OUT AS A GURU. TELL JACK HE IS WRONG TO ACCUSE ME OF BEING A LOW LIFE VENDOR WHEN IT IS HE WHO IS GETTING PAID FOR THE NUMBER OF HITS BY ET ON HIS TREAD... YES JACK IS GETTING PAID PER HIT BY ET - SO HE IS A PAID POSTER!!! MB