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Jacko's Forex House of Pleasure and Pain

  • #10,741
  • Apr 15, 2010 2:48am Apr 15, 2010 2:48am
Quoting crazzypip
Sorry Auspip you're wrong, I specifically asked Jacko before I joined his group if it was worth it on a small acount, or was his method more suited to someone with a large account. He told me it was fine to trade with a small acount. The result? my small acount is very nearly extinct! if this method is only suitable for someone with deep pockets then Jacko should say so before joining up.
1st of all anyone including jacko that trades in commodities or futures, forex will tell you straight upfront. Past results are not a guarantee of future gains. Working with Jacko is the equivilant of going to school. I think many times newbs will join up wanting to have jacko make them a millionare. So they use him as a signal service and overleverage. Then they miss the whole point which was you were supposed to be LEARNING how to trade, not really trading. And if you were, then that is totally on you. Something else is yes jacko trades against the trend, and breaks his rules, he made in the beginning of this thread, but he tells you that before they take place and he is a "trader" so therefore is allowed to trade as he pleases. If jacko goes and jumps in a lake, are you going to follow? The results recently have not been as good as when i first signed on with him, but thats trading. NOONE will bat 100% in this game ever. His fundamental knowledge is as sound as any on the planet. And he has huge elephant size balls to put 200 standard lots in the market based on HIS own system and turn around and make it pretty much public that he did and the reasons why. Thats class. noone here has any right o put him down. he shared a great system, that DOES work. and he is a generous and giving person. Not a bad teacher either.

If you dont know how to trade, dont open a live acct. use a demo. dont use anyone, anywhere, on any board as a signal service. realize the true risk in trading. when you can call the shots, go live, dont over leverage,and accept your success or failure 100%. You may have dreams of riches, but you may need to face its not for you. If it is, then prove it, LEARN.
Whats happening in EUR/USD should be happening to you!
  • #10,742
  • Apr 15, 2010 6:07am Apr 15, 2010 6:07am
Quoting BullsAndBear
1st of all anyone including jacko that trades in commodities or futures, forex will tell you straight upfront. Past results are not a guarantee of future gains. Working with Jacko is the equivilant of going to school. ..... You may have dreams of riches, but you may need to face its not for you. If it is, then prove it, LEARN.
Excellent post!

Thanks

I've been a Jacko Turtle for a year and half. I decide if I agree with his calls and follow them or not. If I do and they lose...guess who's to blame... I'll give you a hint...it's not Jacko. His insight into the market is worth far more than any signal he can give.
  • #10,743
  • Apr 15, 2010 7:36am Apr 15, 2010 7:36am
Totally agree......we all independently have to make our own decisions on trades that Jacko is posting, i for one do not take all his trades but do my own analysis............if you wish to take on his trades blindly without thinking......then go right ahead.......the stew is yours to stir..........so regardless of his marketing ways and whether i agree with them.............my answer is simple I REALLY DO NOT CARE because i make my own decisions and each one should do the same..........cheers

Quoting captmilkdud
Excellent post!

Thanks

I've been a Jacko Turtle for a year and half. I decide if I agree with his calls and follow them or not. If I do and they lose...guess who's to blame... I'll give you a hint...it's not Jacko. His insight into the market is worth far more than any signal he can give.
  • #10,744
  • Apr 15, 2010 9:56pm Apr 15, 2010 9:56pm
When I was reading some back information I saw this:

Quoting tdion
I'd like to approach the bench and ask Twee to check newbietrader101's IP address and compare it to jacko's.

Quoting jacko
Tdion

I can assure you that newbietrader is not me. He is much younger and better looking than me.

He was my first student and is now an excellent trader.

He shows appreciation to people. Its a skill that maybe you should learn

.
Jacko

Quoting jacko
Tdion

When newbietrader and I are proven NOT to be the same person, I would expect to see an unreserved and unqualified apology from you to BOTH of us.

Jacko
Quoting Twee
Agreed this would be better as a private communication. Since it was asked publicly I should answer publicly that their IP addresses do not match.

Fyi, early last year we built a system that detects multiple usernames using more than just IP address. It looks for patterns that are typical of promoters using multiple usernames. It's been working really well and we continue to make improvements because we feel it's important that each person only has one username, for obvious reasons.

Quoting tdion
Jacko and newbietrader101:

I sincerely apologize for any insult that you may have felt based on my accusation that you could be the same person.

It had nothing to do with jacko's successful trading, jealously on my part, or intolerance for newbietrader101's posts. It was for the sake of protecting Forex Factory against age old promoting tactics of spoofing users.

Again, I honestly and humbly ask for both of your forgiveness, as I should have not made a public post about this.

I hope you both will forgive me.

Good luck and continued success,
tdion...
  • #10,745
  • Apr 15, 2010 11:21pm Apr 15, 2010 11:21pm
Quoting BullsAndBear
1st of all anyone including jacko that trades in commodities or futures, forex will tell you straight upfront. Past results are not a guarantee of future gains. Working with Jacko is the equivilant of going to school. I think many times newbs will join up wanting to have jacko make them a millionare. So they use him as a signal service and overleverage. Then they miss the whole point which was you were supposed to be LEARNING how to trade, not really trading. And if you were, then that is totally on you. Something else is yes jacko trades against...
great post and agree with most of it,untill you say jacko trades with 200 lots he says it but is it true never been any evidence and never will be does he trade who knows only him or does he just sell his service who knows great thing about forexfactory twee see what was going on and rightfully put the thread here so jacko and co for me can run there business anyway they want from now on,as for a generous giving person he is for 700$ but thats business cant blame him he has to make a income some how i dont like the fact fxtrader29 and forexmick have threads marketing solely for getting newbies to join up that stinks as for forexmick if you are trading live and its real good luck to you there your trades and your not using jackos system so stop making out you do please ITS MISLEADING
student
  • #10,746
  • Apr 15, 2010 11:25pm Apr 15, 2010 11:25pm
Quoting captmilkdud
Excellent post!

Thanks

I've been a Jacko Turtle for a year and half. I decide if I agree with his calls and follow them or not. If I do and they lose...guess who's to blame... I'll give you a hint...it's not Jacko. His insight into the market is worth far more than any signal he can give.
GREAT POST AND SO TRUE,its just a shame the way the service is marketed you know what sort of people read these threads they think is easy and a newbies graveyard
student
  • #10,747
  • Apr 15, 2010 11:29pm Apr 15, 2010 11:29pm
Quoting Danku
Totally agree......we all independently have to make our own decisions on trades that Jacko is posting, i for one do not take all his trades but do my own analysis............if you wish to take on his trades blindly without thinking......then go right ahead.......the stew is yours to stir..........so regardless of his marketing ways and whether i agree with them.............my answer is simple I REALLY DO NOT CARE because i make my own decisions and each one should do the same..........cheers
cant argue with that statement
student
  • #10,748
  • Apr 15, 2010 11:32pm Apr 15, 2010 11:32pm
Quoting kenkomo
When I was reading some back information I saw this:
please dont be so naive anything can be done on the internet today
student
  • #10,749
  • Apr 15, 2010 11:58pm Apr 15, 2010 11:58pm
now i dont know if jacko trades or not .but i joined his sevice was it worth it, to me yes 700$ its a weekends expences no big deal .i trade full time my method combines many things bit of jacko pasr and alot of hard bloody work and a great support team of a group of traders you know who you are. jacko and i have no beef anymore and he can conduct his business his way thanks for the email jacko and when i next go to hongkong to do my visa your buying the first cold one you have more money than me good trading everyone the markets a bastard what a week hey guys see you at the top
student
  • #10,750
  • Apr 16, 2010 2:03am Apr 16, 2010 2:03am
jackos got 2 sells now should be interesting
student
  • #10,751
  • Apr 16, 2010 2:05am Apr 16, 2010 2:05am
Am in too......let me know when you going to Hongkong.........we need to start having cold ones from our Mentor......count me in..................by the way, where is hongkong so i can start walking there?......................

This week the market has been mean to us ...still watching my GBPAUD Short play out from +Pips to -Pips...............but i foresee a good week next week............this ranging should POP...................nice weekend all.....cheers

Quoting garrye
now i dont know if jacko trades or not .but i joined his sevice was it worth it, to me yes 700$ its a weekends expences no big deal .i trade full time my method combines many things bit of jacko pasr and alot of hard bloody work and a great support team of a group of traders you know who you are. jacko and i have no beef anymore and he can conduct his business his way thanks for the email jacko and when i next go to hongkong to do my visa your buying the first cold one you have more money than me good trading everyone the markets a bastard what...
  • #10,752
  • Apr 16, 2010 2:26am Apr 16, 2010 2:26am
15th of may dan i live in bangkok so short flight, u better start walking now mate its along way lol good trading
student
  • #10,753
  • Apr 16, 2010 2:36am Apr 16, 2010 2:36am
Quoting garrye
now i dont know if jacko trades or not .but i joined his sevice was it worth it, to me yes 700$ its a weekends expences no big deal .i trade full time my method combines many things bit of jacko pasr and alot of hard bloody work and a great support team of a group of traders you know who you are. jacko and i have no beef anymore and he can conduct his business his way thanks for the email jacko and when i next go to hongkong to do my visa your buying the first cold one you have more money than me good trading everyone the markets a bastard what...
wtf? What happened to you?
  • #10,754
  • Apr 16, 2010 2:47am Apr 16, 2010 2:47am
whats the point euro mate it will never stop i just want to trade now waste of time trying to show people wots going on irony about me going for a beer the email was booting me out but my friend will imform me of all the trades and i will post all results good or bad
student
  • #10,755
  • Apr 16, 2010 2:49am Apr 16, 2010 2:49am
Quoting eurotrash
wtf? What happened to you?
  • #10,756
  • Apr 16, 2010 3:02am Apr 16, 2010 3:02am
and if anyone wants jackos trades for free go look at forexmicks/jacko thread who are the same person go look at his euro trades they are a few pips different from his blog but you get the jist two can play there game
student
  • #10,757
  • Apr 16, 2010 4:09am Apr 16, 2010 4:09am
I've not been a member of ff for very long and am still working my way through several threads. Been trading for 3 years, mostly intra-day on forex, indices and gold. I came across this thread and ploughed through it as I've switched to swing trading due to time constraints.

I've learnt quite a bit from this thread and ff in general but can see this thread deteriorating. I don't give a flying **** about Jacko's marketing methods as I believe "Caveat emptor" applies to anything you buy and if there are newbies out there who haven't got the nous to do a bit of research on vendors before they part with their hard-earned cash first, then they shouldn't even be thinking about becoming a "trader". Anyway, if they want a signal service, then they can get Jacko's signals for free from forexmick according to garrye.

Can we get back to a trading discussion, if you don't like this thread don't read it.
  • #10,758
  • Apr 16, 2010 5:05am Apr 16, 2010 5:05am
  •  kean
  • | Joined Sep 2008 | Status: James16group Lifetime Member | 92 Posts
Quoting BullsAndBear
1st of all anyone including jacko that trades in commodities or futures, forex will tell you straight upfront. Past results are not a guarantee of future gains. Working with Jacko is the equivilant of going to school. I think many times newbs will join up wanting to have jacko make them a millionare. So they use him as a signal service and overleverage. Then they miss the whole point which was you were supposed to be LEARNING how to trade, not really trading. And if you were, then that is totally on you. Something else is yes jacko trades against...
Great post, I totally agree, taking FULL responsibility for every trade is crucial to becoming a successful trader.
  • #10,759
  • Apr 16, 2010 5:18am Apr 16, 2010 5:18am
Quoting Tenapenny
I've not been a member of ff for very long and am still working my way through several threads. Been trading for 3 years, mostly intra-day on forex, indices and gold. I came across this thread and ploughed through it as I've switched to swing trading due to time constraints.

I've learnt quite a bit from this thread and ff in general but can see this thread deteriorating. I don't give a flying **** about Jacko's marketing methods as I believe "Caveat emptor" applies to anything you buy and if there are newbies out there who haven't got the nous...
the threads been crap for along time the method takes very little time to grasp and its not here for you to learn its here for you to join the service you would do better with your time reading danuk thread who gives everything for free wipes the floor with jackos trading results every month and he will reply to all your quetions for free and you should care that newbies dont get conned whats wrong with you and also mate what u looking for only u can pull the trigger
student
  • #10,760
  • Edited 5:26am Apr 16, 2010 5:26am | Edited 5:26am
Quoting Pipscalibur
So where to trade next?

A break of the resistance at 1.3700-725 or 3800 will signal a trend reversal. Atm however (even with the broken trendline) we are still in a downtrend. The market needs to break support at 1.3540 and 3500 before retracing toward support turned resistance at 1.3585. 1.3550 seems a good short based on the 50fib(high/low:17-25/3)?
PS Ive not seen agap like this before (that broke the daily trendline) so if anyone has some know-how?

Did anyone take this trade? I did not as im in on a position from 1.3575(breakout trade), however everything else checked the boxes .

A close below 1.3500 would be a good sign for next week.
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