Jacko's Forex House of Pleasure and Pain | Page 605 | Forex Factory

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Jacko's Forex House of Pleasure and Pain

  • #12,081
  • Aug 19, 2010 7:54am Aug 19, 2010 7:54am
A friend of mine attended a webinar 2 days ago. Everyone in there had a great laugh about jacko. The news must have spread very rapidly.
  • #12,082
  • Aug 19, 2010 8:00am Aug 19, 2010 8:00am
Quoting Scotty2Cues
newbie101 said he had met jacko http://www.forexfactory.com/showthread.php?t=13081&page=2

and later in the thread smjones says (next page)

"Thanks for the very inspirational thread. He is a fine person... Congratulations you are very lucky.

Just for the record, Newbie is definitely not full of it...

He took some initiative and sought out some people he admired and one of them agreed to help. Now that is good stuff"

(I put that in bold). so does smjones have knowledge?
I was PMed by someone named Pipsalot, asking if I knew anything about the current events of this thread with Jacko. I have spent the last few hours reading from July forward. I am simply stunned and aghast at the events that seem to have unfolded here. In answer to your question above, I have no knowledge of this situation at all.

I vouched for Jacko back in 2007, when the vouching system was such that I believed a person had made at least 1000 live trades. I believed that then and still do.
I had no idea he was offering a managed fund. The last time I checked in here all I saw was a mentoring program.

I only wish I could offer you more information, but I am just stunned. I am also shaken deeply for not seeing this coming and I feel for the people who have invested in this fund.

My only suggestion at this point has already been pointed out and that is to contact the appropriate Law enforcement and legal council.

I have not visited FF since last December, with the exception of a very brief post in a thread by Darkstar, which I then deleted, because it was not on the topic he was discussing.

All of my efforts and involvement here has been as a volunteer. I have spent literally thousands of hours when I was a moderator, trying to keep spam out of the forums. I no longer visit this forum since the huge amount of commercial spam that is present.

I wish I could be of more help.

Regards, Scott
  • #12,083
  • Aug 19, 2010 8:02am Aug 19, 2010 8:02am
Quoting CindyXXXX
But thats what Jacko said - What proof do you need?
Yeah, really, if he said it, then it has to be true. LOL.
Don't fall for this crap about what people are saying he did at DailyFx. Unless you were there and saw the trade posted in real time it is not reliable. I have seen people here post what they say are live trades and they are not...they post a different price than actually trading at the time they posted and change things quite a bit...and then somebody comes in 2 months later, reads the thread and get jackoed...I don't believe this DailyFX crap unless some reliable member from here can verify that they saw these posted in real time.
  • #12,084
  • Aug 19, 2010 8:21am Aug 19, 2010 8:21am
Quoting smjones
I was PMed by someone named Pipsalot, asking if I knew anything about the current events of this thread with Jacko....
I can vouch for Scott and his honesty. I've known him ever since I've been here (4 years).
I've communicated with him both on and off the forum, and there is no way he would knowingly endorse a scam or a scammer.
When he was a mod, he would throw people off here at the first hint of something like that.
  • #12,085
  • Edited 9:04am Aug 19, 2010 8:22am | Edited 9:04am
well, the Goeckels are not the only ones deleting profiles...good old bill paroli deleted his from facebook
http://www.facebook.com/profile.php?id=1453084

The social networking sites are taking quite a beating lately.

Quoting Patience
The style of writing is too similar. He didn't post for 3 years and then steps back into the picture in 2009 when Pipmutt etc were giving Jacko a hard time and asks how can he join the group. Then raves about how great it is. And once again, Jacko is in strife and who pops up again? Tough guy Bill ready to defend him with a similar writing style and layout to Jacko's posts.

When I posted the examples of the posts in the thread last night, Bill was in the thread. I was fully expecting him to call me a coward again and threaten to sue me for insinuating...
  • #12,086
  • Aug 19, 2010 8:23am Aug 19, 2010 8:23am
Quoting johndohaa
to this thread discussing the systems it was set up for, i.e. trend trading, strategies etc..
http://www.forexfactory.com/showthread.php?t=187619

Regards,

Dan
  • #12,087
  • Edited 8:50am Aug 19, 2010 8:26am | Edited 8:50am
Quoting billparoli
Like I said, you're a coward.
ahhhh. Billy calls Patience a coward...then Billy deletes his facebook page.
This is toooooooooo funny
http://www.facebook.com/profile.php?id=1453084

http://www.forexfactory.com/showpost.php?p=3951550&postcount=11793

Put a hat on the pic below and a few visits to the plastic surgeon every 6 months like you know who, and bingo.
Attached Image
  • #12,088
  • Aug 19, 2010 8:38am Aug 19, 2010 8:38am
Quoting Razzle


Well he needed some kind of a filter to seperate out the complete muppets and thats as good as any !
hey, give him time, he still waiting for eu to go back up to 1.6
  • #12,089
  • Aug 19, 2010 8:43am Aug 19, 2010 8:43am
Quoting billbss
I can vouch for Scott and his honesty. I've known him ever since I've been here (4 years).
I've communicated with him both on and off the forum, and there is no way he would knowingly endorse a scam or a scammer.
When he was a mod, he would throw people off here at the first hint of something like that.
True
  • #12,090
  • Aug 19, 2010 9:30am Aug 19, 2010 9:30am
Some toilet time reading while this thing unravels.


http://www.nytimes.com/2000/07/08/nyregion/sentencing-of-ex-gop-head-caps-scandal-in-dutchess-county.html

http://www.justiceteam.us/dcexposed/paroli/paroli_guilty.html
  • #12,091
  • Aug 19, 2010 9:35am Aug 19, 2010 9:35am
Quoting smjones
All of my efforts and involvement here has been as a volunteer. I have spent literally thousands of hours when I was a moderator, trying to keep spam out of the forums. I no longer visit this forum since the huge amount of commercial spam that is present.

I wish I could be of more help.

Regards, Scott
Good to see you around, Scott. Sadly, a lot of the older members are not far behind you. The advent of the Commercial forum certainly didn't help. Most of the people you fought to keep out have been welcomed back and given a place of their own.

Hope all is well.

Bill
  • #12,092
  • Aug 19, 2010 10:08am Aug 19, 2010 10:08am
Quoting Razzle


Well he needed some kind of a filter to seperate out the complete muppets and thats as good as any !

Hahahaah, i see
  • #12,093
  • Aug 19, 2010 10:17am Aug 19, 2010 10:17am
Quoting wwwin
Some toilet time reading while this thing unravels.


http://www.nytimes.com/2000/07/08/nyregion/sentencing-of-ex-gop-head-caps-scandal-in-dutchess-county.html

http://www.justiceteam.us/dcexposed/paroli/paroli_guilty.html

That Paroli would be 81 years old now.
He was 71 in 2000.
  • #12,094
  • Aug 19, 2010 10:30am Aug 19, 2010 10:30am
Quoting billbss
That Paroli would be 81 years old now.
He was 71 in 2000.
There is a Senior and a Junior
  • #12,095
  • Aug 19, 2010 12:20pm Aug 19, 2010 12:20pm
Please excuse me for this offtopic (is it, really?) - I am evidently new.

I was so sold about the goodness of price action, no indicators etc. etc.

Besides the scam stuff, I also read:

Quote
Originally Posted by Patience
I don't know about that now. On Dailyfx, yes, he did trade a lot and I was there in real time and from what I remember, he was pretty spot on. But the market was easier back then compared to now. It was pretty much a one way ticket - long E/U - from 1.18 all the way to 1.60 and the anti-hedge system would have worked great.
But tell me. Why didn't one turtle put up his results on myfxbook or MT4 Stats just to shut the naysayers up? What was the big deal about showing an equity curve?

Does it mean that the above techniques are no longer valid? That this Pring's On Price Patterns is outdated and that I wasted a lot of time for nothing?

Or are them unviable for today's markets?
  • #12,096
  • Aug 19, 2010 12:40pm Aug 19, 2010 12:40pm
Quoting billbss
That Paroli would be 81 years old now.
He was 71 in 2000.
Junior, in the campaign-looking photo is mid-late fifties or so.
  • #12,097
  • Aug 19, 2010 1:14pm Aug 19, 2010 1:14pm
Does anybody from the area know why Poughkeepsie, is known as "the heart of a county best known as a pastoral retreat."?
A lot of the people there would listen to the Christian Financial Radio Network?

A scam like this would need different people with different expertise. A financial guru to post and somebody with connections to people that would know how to hide assets and shield real indentities.
  • #12,098
  • Aug 19, 2010 2:08pm Aug 19, 2010 2:08pm
Quoting dfumagalli
Please excuse me for this offtopic (is it, really?) - I am evidently new.

I was so sold about the goodness of price action, no indicators etc. etc.

Besides the scam stuff, I also read:



Does it mean that the above techniques are no longer valid? That this Pring's On Price Patterns is outdated and that I wasted a lot of time for nothing?

Or are them unviable for today's markets?
Jacko's trend trading techniques and anti-hedging strategy still work for me very nicely...
  • #12,099
  • Aug 19, 2010 2:16pm Aug 19, 2010 2:16pm
Quoting Phonetic
Jacko's trend trading techniques and anti-hedging strategy still work for me very nicely...
Perhaps then you should start a fund..
  • #12,100
  • Aug 19, 2010 2:29pm Aug 19, 2010 2:29pm
Quoting Trader KGB
Perhaps then you should start a fund..
I think first he should start a thread and post his calls LIVE http://cdn.forexfactory.com/images/s..._the_floor.gifhttp://cdn.forexfactory.com/images/s..._the_floor.gifhttp://cdn.forexfactory.com/images/s..._the_floor.gifThen bring in the cronies to idolize him.
BUT I don't think at this point FF would allow anyone that manages money to be a member. I hope not anyway, not even in the commercial section.
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