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  • #461
  • Sep 1, 2009 5:31am Sep 1, 2009 5:31am
Quoting coscorp
Good for you - however just as you stated there are more ways than one to skin a... banana ( I love animals )

Again - simply a matter of personal opinion in many case regarding their productivity vs possible reward.

Wherever did I say I didn't understand? I've said it many times - different strokes for different folks - we are all different and have to find what works for us as individuals - providing we can attain the profitability (or returns) we seek.
Hang on what's happening, a convergence of opinion, I agree with your post!

Without wanting to sound patronizing I respect the way you have conducted your side of the debate without resorting to the usual nonsense we frequently see around here when there's a disagreement (ie you're a troll blah blah blah). It clearly demonstrates you have the wherewithal and I sincerely aplolgize for originally doubting it.

We may not always agree with each other but as a fellow trader I respect your views.

(agree on the banana skinning, although my mutt would probably prefer it was a cat, lol)
  • #462
  • Sep 1, 2009 5:44am Sep 1, 2009 5:44am
Quoting pipmutt
A very good point, I suppose it depends on how much a trader is prepared to be restricted in his trading. For me one pair, one time frame, one strategy would restrict potential productivity too much, there are so many trading opportunities it seems a shame to limit oneself to just one approach.
For YOU - and that is perfectly legitimate as is Jacko's approach to the point it suits HIM.

Quoting pipmutt
top of that is the fact that market dynamics change, a strategy which is profitable today may not be tomorrow and without broad market knowledge and experience it's more difficult to adapt accordingly.
Precisely, and not only has Jacko adapted to the different market conditions as they have come along (ranging, increased volatility) - he has done so very successfully judging by his returns - even if the market conditions of late haven't been friendly for long term trend trading given the increased volatility.

Quoting pipmutt
for a system seller though, for a broader market and trading mentor (as opposed to a mentor in one very specific narrow area of trading) I think it's important that he has a very broad knowledge of the market as trading isn't one-size-fits-all, trading can be a very personal thing and approaches are often tailor made to suit personality.
I don't follow you - so now he IS a mentor albeit in his specific area of trading which he has tailored to suit his personality? Good, we have come full circle then.

Quoting pipmutt
of his quotes/statements simply don't fit with any trading wisdom, narrow or broad based.
Again we differ on this - and - his profit consistency would appear to prove otherwise as well.
Nihil inimicus quam sibi ipse Marcus Tullius Cicero
  • #463
  • Sep 1, 2009 5:52am Sep 1, 2009 5:52am
Quoting pipmutt
Hang on what's happening, a convergence of opinion, I agree with your post!

Without wanting to sound patronizing I respect the way you have conducted your side of the debate without resorting to the usual nonsense we frequently see around here when there's a disagreement (ie you're a troll blah blah blah). It clearly demonstrates you have the wherewithal and I sincerely aplolgize for originally doubting it.

We may not always agree with each other but as a fellow trader I respect your views.

(agree on the banana skinning, although...
Thank you.
Nihil inimicus quam sibi ipse Marcus Tullius Cicero
  • #464
  • Sep 1, 2009 5:53am Sep 1, 2009 5:53am
For YOU - and that is perfectly legitimate as is Jacko's approach to the point it SUITS him. - which is fine, now all someone needs to do is tell Jacko that his way isn't the only way! Any volunteers?

I don't follow you - so now he IS a mentor albeit in his specific area of trading which he has tailored to suit his personality? Good, we have come full circle then. - I guess it depends on what you want a mentor for and how much knowledge you're looking to gain. A potential electrician could probably find a mentor in changing a light bulb but it's not going to help his career very much!

Again we differ on this - and - his profit consistency would appear to prove otherwise as well. - It's not a matter of profit consistency, the following statements simply don't make sense.....

"When you trade with the trend, even if you make a mistake, the market will get you out of your problem"

"when the market comes back, as it invariably does"


Thank you. - Welcome!
  • #465
  • Sep 1, 2009 6:14am Sep 1, 2009 6:14am
Quoting pipmutt
the following statements simply don't make sense.....
"when the market comes back, as it invariably does"

You have to understand the Anti-Hedge strategy. To understand the Anti-Hedge you have to understand how a trend works. Also, you are on a 4hr or daily time frame, so you to keep that perspective as well.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #466
  • Sep 1, 2009 6:22am Sep 1, 2009 6:22am
Quoting LasVahGoose
You have to understand the Anti-Hedge strategy.
No not really, the statement "when the market comes back, as it invariably does" wouldn't be valid in any trading scenario. It might apply to some investments but then there are a lot of other considerations when investing, and even then it's not necessarily true.

There is no guarantee the market will come back, period.


'Anti-Hedge', well that's a whole other debate, even the name is controversial!
  • #467
  • Sep 1, 2009 6:24am Sep 1, 2009 6:24am
Quoting pipmutt
No not really, the statement "when the market comes back, as it invariably does" wouldn't be valid in any trading scenario.
Yes really. It's context is directly related to the Anti-Hedge.

Quote
There is no guarantee the market will come back, period.
There are no guarantees, but there is such a thing as higher probability.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #468
  • Sep 1, 2009 6:26am Sep 1, 2009 6:26am
Quoting teddybearhug
Pipmutt,

You are a troll
You are being deceptive and misleading in all your posts.
You have NOT proven anything and you have not dismantled any of the statements by Jacko.
What you have proven with all your posts here is that you are a troll with a perverted agenda against one of the most respected members on this forum.
Quote
As a member of his group, I can tell you straight from the heart: You are not in his league.

He is a big and amazingly consistently profitable trader and he has helped each of us in the group to make big profits and learn to be successful traders.

You on the other hand , spend all day here posting petty and downright dishonest posts disrespecting the man.
You are a petty troll. Nothing more. You have become what you probably said you never would be: A TROLL ON A FORUM

I agree.
  • #469
  • Sep 1, 2009 6:28am Sep 1, 2009 6:28am
Quoting LasVahGoose
yes really. It's context is directly related to the Anti-Hedge.
I don't care if it's related to the Queen of Sheba, there is absolutely no guarantee of what price (the market) will do therefore the statement "when the market comes back, as it invariably does" is simply incorrect, and what's more to suggest to anyone particularly a novice that it does is downright irresponsible!
  • #470
  • Sep 1, 2009 6:28am Sep 1, 2009 6:28am
Quoting fxtrader29
Pipmutt is heading for the big 100 posts in here without one intelligent comment. Unbelievable

Pipmutt, your jealousy of jackos trading success is so OBVIOUS. It's embarrassing. Have you no self respect? You are behaving like the baby who has lost his pacifier.

A pathetic, jealous and sad troll
Pipmutt
Are you trying for 150 post in this thread

Get off my thread you troll
  • #471
  • Sep 1, 2009 6:29am Sep 1, 2009 6:29am
Quoting fxtrader29
This is a post that got me interested in Jacko's mentoring

http://www.forexfactory.com/showthread.php?t=13081

Pipmutt

You should read the post above
  • #472
  • Sep 1, 2009 6:41am Sep 1, 2009 6:41am
Pipmutt

I always do my research in a thorough and complete way before I jump into anything. It must be my training as an CPA accountant that made me that way.

Before I joined Jacko's group, I researched and spreadsheeeted EVERY trade and recommendation in his posts at the DailyFX site and here at Forex Factory. They date back to his start in February 2006. Based on his sensational success rate there I was prepared to join his group, because I wanted to copy his trades and learn from a winner.
http://www.forexfactory.com/showpost.php?p=1431044&postcount=85


After becoming a member of his group, I researched and spreadsheeted EVERY trade and recommendation in his blog. He is a winner trader in a big way.

I joined because I wanted to become a better trader. I joined because he has PROVED to be a consistent winner over a long time. And I admit, I wanted his signals. Why not, I have made all my joining fee back in my first week.

I now have access to a successful trader who has a PROVEN AND DOCUMENTED winning history since the beginning of 2006 and all his trades and explanations.

His is profitable on EVERY time period from the start of his mentoring group to today.
He started his group in October 2007
From Oct 2007 to today, he is vastly profitable
From 18 months ago to today, he is vastly profitable
From 12 months ago to today, he is vastly profitable
From 6 months ago to today, he is vastly profitable
From 3 months ago to today, he is vastly profitable
From 2months ago to today, he is vastly profitable
From 1 month ago to today, he is vastly profitable
  • #473
  • Sep 1, 2009 6:43am Sep 1, 2009 6:43am
Quoting fxtrader29
Pipmutt
Are you trying for 150 post in this thread

Get off my thread you troll
If Pipmutt is a troll, then you are a shill. If you ask a question in 'your' thread then you invite people to answer it however they see fit. It seems a more apt title reflecting your intentions would have been "Al Jacko'Qaida Cultists Come Hither and Preach - Scalping Infidels and Free-thinkers Not Welcome."

I got nothing against Jacko personally, but I do have a problem with this cultism. Independant thinking is a necessity in this game, but I fear some of you guys have lost your objectivity altogether. Unquestioned faith is NEVER a positive thing.
  • #474
  • Edited 7:14am Sep 1, 2009 6:51am | Edited 7:14am
Quoting pipmutt
I don't care if it's related to the Queen of Sheba, there is absolutely no guarantee of what price (the market) will do therefore the statement "when the market comes back, as it invariably does" is simply incorrect, and what's more to suggest to anyone particularly a novice that it does is downright irresponsible!
The strategy is clearly defined and easy to understand and freely available. Nobody is being forced to use it. If you don't like it, that is fine.

It's about context, and you are pulling only a part of sentence to make your point, that is pretty weak.
http://www.forexfactory.com/showpost...62&postcount=5

The caveats of the strategy are clearly defined, since there are no guarantees and none are made.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #475
  • Sep 1, 2009 7:02am Sep 1, 2009 7:02am
Quoting birdt
It seems a more apt title reflecting your intentions would have been "Al Jacko'Qaida Cultists Come Hither and Preach - Scalping Infidels and Free-thinkers Not Welcome."
LOL, even the 'opposition' have to agree that was funny
  • #476
  • Sep 1, 2009 10:55am Sep 1, 2009 10:55am
from a happy jacko trader,thank you for stiring up the shit that got jacko,s thread put where it is today,and thank you for all this crap on here too,shame on you,yes a mentor worked for me,your out of line
student
  • #477
  • Sep 1, 2009 11:40am Sep 1, 2009 11:40am
pitmutt, are you in profit ?
Trading Forever !!!
  • #478
  • Sep 1, 2009 12:22pm Sep 1, 2009 12:22pm
I guess it's true what they say in Hollywood,
there is No bad publicity.

Kuddos to Jackolopians for hell of a publicity stunt.
  • #479
  • Sep 1, 2009 12:39pm Sep 1, 2009 12:39pm
pity - we had actually managed to get some decent debate in albeit views ultimately differed (we did agree on some points though)
Nihil inimicus quam sibi ipse Marcus Tullius Cicero
  • #480
  • Sep 1, 2009 1:36pm Sep 1, 2009 1:36pm
Quoting coscorp
pity - we had actually managed to get some decent debate in albeit views ultimately differed (we did agree on some points though)

Yes I think we did, it may not have changed our respective opinions about some things but at least it was sensible!

Unfortunately a few people do themselves, and Jacko come to that, a disservice. It's embarrassing to think we share the same profession with some of these clowns but I suppose the money has to come from somewhere!
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