Although I am not a member of the Jacko Groups I have traded 2-4 lots following the Jacko rules as stated @ the begining of this thread & have found this method to work very well when the rules are followed. Early on I increase the sl to 100 pips & that is the only variation from the original rules I have used. I will not go into winners & loser, but the winners have far out paced the losers uisng this method. One great benefit to this method other than it works.........you can clear your charts of that indicator clutter & actually see PRICE ACTION. I am trading the E/$ & GBP/USD using this method, with E/$ being the better pair for me.
Jacko's idea to form the groups & charge a fee is a great idea as he is only getting onboard those that are serious about learning to trade following his rules & are not always attempting to add indicators & other nonsense.
The members also apparently respect Jacko & his abilities as they discuss very little about their private blogs & that is how it should be. That should be an unspoken rule out of respect for Jacko & his willingness to share. Jacko is without a doubt a TRADER who can make much more trading than he ever would mentoring & training, which is not true of most of those offering their mentoring services. The fee for joining the groups is very reasonable & I am sure well worth the money. I have paid much more than that over the yrs & really got very little for the money.
At this time I am trading a short term method that works well for me, but the Jacko Method is always running in the background & it is profitable requiring very little time. Yes, it can be boring, but thats how trading should be, at least for me. I am taking 2-4 trade per month using the Jacko Method.
I say a tip of the traders hat to JACKO for his willingness to share his abilities as he seems to already have a full plate from his previous post. Jacko is a rare find in the world of trading & I thank him for sharing his time & abilities.
Just my humble views & nothing more.
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AceTrader
Jacko's idea to form the groups & charge a fee is a great idea as he is only getting onboard those that are serious about learning to trade following his rules & are not always attempting to add indicators & other nonsense.
The members also apparently respect Jacko & his abilities as they discuss very little about their private blogs & that is how it should be. That should be an unspoken rule out of respect for Jacko & his willingness to share. Jacko is without a doubt a TRADER who can make much more trading than he ever would mentoring & training, which is not true of most of those offering their mentoring services. The fee for joining the groups is very reasonable & I am sure well worth the money. I have paid much more than that over the yrs & really got very little for the money.
At this time I am trading a short term method that works well for me, but the Jacko Method is always running in the background & it is profitable requiring very little time. Yes, it can be boring, but thats how trading should be, at least for me. I am taking 2-4 trade per month using the Jacko Method.
I say a tip of the traders hat to JACKO for his willingness to share his abilities as he seems to already have a full plate from his previous post. Jacko is a rare find in the world of trading & I thank him for sharing his time & abilities.
Just my humble views & nothing more.
____________________________________
AceTrader