This is false, 300 SPY alone is greater than 1 NQ future. 500 SPY = 1 ES so forgive me for working my way up, except than I have scale out options. Mocking someone's trading size speaks volume of your character. What's next, making fun of my humble residence ? Daniel
And complaining about how someone chooses to teach their curricula speaks volumes about yours. Good luck with your trading man, but I really don't think you're going to find the help you need here.
Jack continues to post his diarrhea while ignoring reality and hoping his followers do the same... apparently denial is the foundation of SCT. So Jack and his followers ignore his failure to turn $10 thousand into $1 million in 100 days like he promised his IBD group he would. And instead they all pretend he's a market wizard and he'll make them one. Amusing and pathetic http://www.mediafire.com/?1gi2qygm3yh
After investing a considerable amount of effort I have found an overwhelming evidence that price movements in the ES and YM are not random, and that the market moves in sequences. This constitutes a sufficient proof for me that Jack Hershey's view of Price Volume relationship accurately describes how these two markets above operate ( I have not investigated other markets). Those comments made by me which you quoted, have to do with my personal ability or inability to recognize these sequences 100% of the time as they unfold during the trading day. As such they have nothing to do with the scope of this thread's discussion. Congratulations. It sounds like you have figured out that which currently escapes me. You can now proceed to "pay-it-forward" phase and engage in 'development' of other traders by answering the questions not addressed to you in a binary fashion: "Yep", "Nope" and throwing an occasional "What did the market say". Coincidentally, this is where I put you on ignore. Good luck to you and good bye.
You guys and your "YM moves the ES" jargon again ... if you only knew what other indice(s) really have an 80% or higher correlation with the ES (which you claim to trade exclusively) you wouldn't need one-half of that trollop that Jack is spouting to make a ton of dough in the markets. It's common knowledge to traders ... I guess there isn't one in your bunch. Come to think of it, there is a direct correlation to information which is disseminated to the public and its usefullness in profitable trading . :eek: Since I'm such a nice guy, I'll give you three guess on that one. *** Ah, another Ostrich in the group, I see.
No, no, no. We need the camps to teach ordinary people how to drive safely, basic finance, diet, citizenship, courtesy, etc. We must preserve the gangs as they are, because we will need them to restore order after the chaos is fully underway.
Ive seen plenty of blotters from Black, he does not do 5k net a day regularly with 1 car. He had a great day on Monday, but come on, 7-8% market downtrend, anyone who did not does not understand trading or uses a system that does poorly on trending days, not the case with SCT. Makes me hard to give you any credibility with all those losing contest posts people post, no factual rebuttals from your part and now exaggerations like what you just posted above. Especially when everything is used with verbal diarrhea as the choice of low fat dressing. Daniel