Are you "The Prince" in the article you posted? You assume to know way too much. I'm not defending Spydertrader or the Hersheypotamus. They can handle their own. However, I take issue with your brains and self-respect comment. I was at the Vegas meeting and I assure you that I am overflowing with brains and self-respect, so much so that I make people around me smarter and better looking. So far as I know, neither Spyder nor Jack are vendors. They give freely and for no other sinister reason than to help others. How refreshing is that in a world where most people are merely takers? Do I agree with all aspects of Jack's methods? No! Have I incorporated some of the tools he uses into my own method? Yes. Do I consider myself a follower? Absolutely not. I follow no one. People who are looking to follow rather than learn for themselves are not cut out to trade. A lot of them end up blaming others for their failures. Some take up a crusade against the perceived wrongdoers in the name of truth, justice, and protecting the innocents. We are all adults here. Take responsibility for your actions in the market and let others take responsibility for theirs. If you can't do that, at least get your shit straight before you trash talk.
Independence is the recognition of the fact that yours is the responsibility of judgment and nothing can help you escape it â that no substitute can do your thinking, â that the vilest form of self-abasement and self-destruction is the subordination of your mind to the mind of another, the acceptance of an authority over your brain, the acceptance of his assertions as facts, his say-so as truth, his edicts as middle-man between your consciousness and your existence. If some men do not choose to think, but survive by imitating and repeating, like trained animals, the routine of sounds and motions they learned from others, never making an effort to understand their own work, it still remains true that their survival is made possible only by those who did choose to think and to discover the motions they are repeating. The survival of such mental parasites depends on blind chance; their unfocused minds are unable to know whom to imitate, whose motions it is safe to follow. They are the men who march into the abyss, trailing after any destroyer who promises them to assume the responsibility they evade: the responsibility of being conscious.
it`s fair b/c you are irresponsible SOB and people are losing REAL money,you know.not you crayola shite
Look at Jack gesture how aplomb So to gesture everyone Jack,nothing personal though,don`t take offense,it`s just money,you know.
They are no vendors,but are leeched to vendores ,but there is nothing to be ashamed of in that.Everyone is trying as hard as he can.
Welcome to the silly world of hershey where the Predictors (J. Doyne Farmer, PhD and Norman Packard, PhD) are being heartily laughed at. The world filled with crisp air of anticipation of what must come next even though fractals fail by hershey's own admission. Not always, but more often than not do they fail. But that's ok since one can always exit at breakeven because outside bars and IBGS bars don't really exist. And once the bar begins the translation it will stay that way until the close of the bar. The silly world where prorata volume always tells you what the actual volume will be only 12 sec after the bar starts. The silly world where they can trade with each other on charts with price and volume bars drawn by hand. After all, who needs the real market, when crayola drawn charts are much more convenient for taking the market offer of 3-6 times of daily range. What a pathetic silly world.
it is all not as it goes in the real life my ancient one.you were wrong. Independence is the recognition of the fact that yours is the responsibility of judgment AFTER the Real knowledge is acquired not before!Until you should follow,be trained like a monkey,be deceived,turned down,face frauds and snakes .. etc...etc... Try the independence BEFORE and you`ll get fooked even more pompous.
For those who are interested, we taped a session from a little after 2 to 4:30 SMT in Tucson Friday afternoon. We did two basic things: 1. A review of the first FTT to FTT on Friday (long and the carryover and opening "new FTT" that preceded the long (it was a failed fractal discussion. 2. On the blackboard (white board in reality) we revieved three columns (l to r): Contract compounding, the 8 principles, and Context regarding the present Depression. The edit will be available soon. and can be used with a clean TN chart which includes the "internals" and the lateral as one of the ten cases. On the 52 inch wall screen you can see an annotated chart as well. Absolutely everything posted by the current detractors since my last post was, coincidently, covered in the tape that was produced. We will probably transcribe the tape as well. The session was held at the request of those who use the office; it had special interest since all of the qualms expressed here by detractors were able to be covered. Reminder: the only way a person can learn to learn is to consider how learning and the mind works. If you understand that, then you can do mind building to attain a fully differentiated mind. As youcan see in the tape, the participants are at a stage where they are filling in weak areas and their questions come to them when they discover such an area to consider. This happens at the end of the task of putting the pieces together. What if a person cannot figure out how to learn or how learning works? What if a person does not do the repetitions required to build the differentiated mind? What if a person reads a few pages or just looks at a few annotated charts? What standard does he use to figure out anything? The detractors are demonstrating the answers to such questions....stay tuned. Could someone teach snake eye how to do searches? Friday started with a carryover B2B, then a 2R that broke the bookmark. The VE closed out of the zone so it became the "new FTT" of the trading fractal. From that bar, three thin moves defined the long trading fractal (B2B 2R 2B) and several internals helped along the way. These three trades netted over 60 points on a 5 contract account (2880 points on 240 contracts) allowing two contracts to be added at the long FTT that began the next short trading fractal. So we are many days into the 21 day trading period and no one is doing anything. This is a very cool demo of how difficult it is to learn anything about trading. There is no will that can be summoned to begin the repetitions required to begin to build the mind.
10 years ago I started trading as a naive 18 year old. I had the misfortune of finding Jack Hershey first. I blame Jack Hershey and my naivety for 3 wasted months and w blown account. Jack your ramblings may entertain you but you harm people that just might find success with a real mentor.