Point me in the direction of "JACKO'S SYSTEM"

Ok so after scouring forex factory for posts made by a man that is litterally worshipped in this community by the name of "Jacko" I found one main thread titled jacko's forex house of pleasure and pain. It is a massive thread, that is frequented by many opinions that are mainly questions and answers between jacko, other members and newbies. As I was sifting through the posts, I was hungrily searching for a REFERENCE point, as to where the system is taught or discussed, but found zero luck!!!

It starts out with the usual speal, a few brief points about why to trade forex, and then moves into a general overview of how he trades, and then LASTLY lists some of his previous historical pip gains. What frustrated me was that after finishing reading his conclusion, the replies by other members were as though they had just finished reading a comprehensive book, but in reality his little pitch was was less than one page that failed to go into detail by rather outlining the GENERAL system, without focusing on specific tactics. People were saying things like "I live by your system" and "this method is undoubtly the best approach to making profits in the forex world"

Am I missing something here!!!!???? I am well aware this guy is for real,(there's no denying his emmense skill and ability to proficently earn $) that being said:
could someone please send or attach a link specific to HOW this system works. Everysingle thread related to jacko on this forum seems to start out with, "based on Jacko's system" and then proceed to discuss something. WHAT IS JACKO'S SYSTEM SPECIFICALLY?, OTHER THAN the short little one page excerpt on the first page of "pleasure and pain" which obviously doesn't reveal enough info to successfully amalgamate a profitable technique!

Please don't say something stupid like your a newbie you don't understand, just try to answer the question at hand....



Thanks

Here you go: http://www.forexfactory.com/showthread.php?t=27286

Search is a beautiful feature.

The thread link that you've been given is the correct one. However, it looks like you've already read it.

Given that I'm not a member of Jacko's paid group, I can only speak generally. I suspect that if you're looking for a color-by-numbers, plug-n-play system, i.e. one that always enters and exits according to the exact same rules, then you'll likely be disappointed. My (albeit limited) understanding is that there are discretionary aspects to Jacko's approach, and that's one good reason why folk pay the $700 for both his guidance (an explanation as to why each trade is taken), the opportunity to have specific questions answered personally, and the SMS-texted signals that he also provides.

However, before you part with any money, I suggest that you read this thread also, and decide for yourself whether the $700 annual fee is a worthwhile 'investment'.

As a possible alternative, you might like to also look at the James16 thread. They also have a private pay-to-view forum. However, study the thread first and decide whether this approach is more clearly defined, and hence perhaps more suitable for you.

Based on reading your 11 posts to date, it seems to me you're already fairly skeptical that this actually works for anybody, and it certainly hasn't worked for you yet even on Demo where most folks are the Forex equivalent of Guitar Hero...

If it does work, you seem to want it reduced to neat components and laid out in a nice package that can preferably gain you college credits at the same time... ((Can I get a Grant for that while I'm at it..?))

My advice for you at this step in your Journey.... if you're doing well in school, continue doing that and drop your Forex plans. If you're not doing well in school, drop your Forex plans.

The alternative...? After "trading demo for a few years with mixed results..." lay some (just a little tho) of that tuition money down in a real account and trade it based on everything you think you've "learned" so far from those library books. Then in a week you can go back to concentrating on school with a clear conscience knowing you gave it a Shot.

If you need any Research Material or References, try this thread --> Toilet Hugging Trade Promises

A question to those in this community who subscribe to Jacko:

In what form is the information delivered? How does the payment process work?
I am very fascinated by this man's service, but am a little bit nervous about giving out my credit card information to some guy on a forum board. It just seems shady don't you think?
I do love the concept of it, just wish it was more regulated.

Any information would be much appreciated thanks

Hi,

Seen your posts, looks like your looking for help.

I have been trading the same sort of time as you, my trading took a turn for the better after i went through some threads on here several times over.

James16 group
no brainer trades
jako house of pleasure and pain

and of late "silent service"

I have read and studied charts for countless hours, over and over and over.

How bad do you want this, that is the question. If you absorb the teachings in these threads you will find that its easy to understand the market.

Its the battle with our inner self that is hard.

Regards

In what form is the information delivered? How does the payment process work?
I am very fascinated by this man's service, but am a little bit nervous about giving out my credit card information to some guy on a forum board. It just seems shady don't you think?
I do love the concept of it, just wish it was more regulated.

Adam

I have emailed Jacko to join his group. If you go to www.waynejacksonfx.blogspot.com you can find his email address.
his information is delevered as

.......................................................................................................

1. Instant notification of all trades (all notification by SMS to personal cell-phones*).

2. Daily educational discussion of up coming trades and my reasons for "taking the trade" on a private website.

3. Followed by educational discussion of trading techniques including questions and answers from group members on a private website,.

4. I also attempt to answer all one on one emails from the group members within 24 hours (except on weekends)

5. In addition, you will have access to ALL the past information since the first group was formed, including selected questions from traders in the group.
*This will be of educational value because it allows you to see the exact time of the decision and you can then verify the time against my weekly educational discussions.
The cost of this "educational training" is USD$700 for a 12 month period (This fee is to ensure that only traders who are serious about trading are involved). Also, this covers the cost of international SMS messages for one year. The cost is based on less than $2 per day.

...............................................................................................................................


He doesnot accept credit card payments. He does it by bank to bank transfers.

so I would need to give him all my banking information? Hmmm, tough decision.

No - read what was given to you including his website. It is a wire. (Last I looked, Jacko is not some Nigerian - and I apologize to any honest and rightly offended Nigerians)

Stick to J16, run with that. Everything you need is there - it is not the only way to trade, but what you require is there. Jacko is a nice guy, but he simply does not teach the skills Jim and his merry men teach.

thanks storage pro, can I get any other opinions from members in the community on that subject. what do you think guys? James or Jacko, who's better?

Thanks

Here's my advice...read both threads and make a decision. Nobody should be making these decisions for you. If you don't want to trade your own account hire someone to do it. Do your own due diligence in whatever you decide.

Personally, I believe you should read those threads and many many more threads here on FF.

wowowowowowowowowowo.....

gulfcoastpip:

Why do you think I asked that? obviously because the valuable information aka the info that is not the little blurb on the first page of jacko's thread is the stuff you have to pay 700 dollars for. I'd like people's opinions on who of the 2 are better so I can make the best decision on which one to pursue and pay for. Does that make sense to you at all? this was all in the first post, but once again, there is not enough information in Jacko's thread to make an assesment. I have read ALL of it and most of it is people's questions and answers. so before I pay, once again I am asking the question:

can I get any other opinions from members in the community on that subject. what do you think guys? James or Jacko, who's better?

Thanks

fosho, neither are better than the other. Do your own due diligence and stop trying to have other members do what you should be doing yourself. Both methods will make you money. Infact many traders use more than one method depending on the market.

So pull up them britches and get to work and stop trying to be a wise guy.


For starters, read these: DIBS and this one

I am in both James and Jackos groups. They are BOTH the best trainers/mentors/education systems here on FF. They are different in what they offer, but BOTH are fabulous value for the amount of money they charge. They are BOTH highly respected, experienced senior members. To ask who is better is being disrespectful to both of them.
Grow up and try to act like like an adult

If you were given 700 dollars to spend on a new bicycle, and it boiled down to 2 potential options, would it be considered childish to ask the shop owner or even other people in the store which one had better performance, even though BOTH had good qualities? This is no different.... Next time try and back your argument with a logical rebuttle. At least gulfcoastpip provided me with some substantial reading material (thanks by the way). You on the other hand solved nothing and made yourself look abnoxious. lol I don't think you realize that I completely understand that BOTH are skilled, but obviously people have had different experiences with the 2, and I wouldn't mind learning about these experiences. It's no different than a customer review, as essentially these guys are SELLING a service.

Anyone reading this will understand what I'm saying. Didn't want to write this much on a meaningless response, but I'm afraid that you'd say something that didn't make sense again unless I covered all the bases.

The cycle shop owner would suggest the cycle with a frame geometry that suited you more. The performance of the cycle comes from you and how your body interacts with the geometry of the bike.

Similarly both Jacko and James16 are equally good but their systems are subtlely different and which one would suit you is not something anybody here can answer.

You could try demo trading both systems as you understand them now and see which one gives you better results, less psychological difficulty, etc. ie. which one seems to suit you more, then consider paying for the service you prefer.

Tim

I am still very new into forex world, I started out at babypips then come across this forum. I have read the first 50 pages or so of J16, Jacko's & Clockworks (Silent Service) thread & there is so much valuable information contained in there I would strongly adivse to follow suit. As all those threads are so long you should be able to get a good understanding reading the first 50ish pages then reading up on the current posts.

thanks for all the help everyone, I think I'm going to go wit Jacko. How safe is the wire transfer?