Firsthand reports from a participant:
http://www.elitetrader.com/vb/showthread.php?s=&postid=444920&highlight=paltalk+jack+hershey#post444920
"I have read nearly everyone of your posts over the past year (with many days/weeks of time invested in your methods) and have yet to perform at...
I've found these books to be noteworthy:
Backtesting to Achieve Superior Post-Dictive Results by Grob109
Make 3X the Range EVERY DAY !! by Jack Hershey
How to Appear to Never Have a Losing Trade in Chatrooms by Bubba7
I found this peer reviewed white paper by Jack Hershey ( nom de plume <i> Grob106</i> ) defining his boolean theory of trading stationary non random markets in a highly leveraged setting. Its really worth a look.
http://www.elitetrader.com/vb/attachment.php?s=&postid=1109122
J Hershey's stuff is fantastically profitable. Its so good he forces himself to "play it cool" and to live modestly by staying at his girlfriend's house. ( Who happens to work.) All the rest goes to charity. He is the real SHIT !!!! Dig it man.
Why did your indicator logic on ScottD's thread fail to produce sustained positive results ?
Hershey trading logic put to the test:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=147441&perpage=6&pagenumber=1
Fail
Who is gonna take advice from a 70+ year old geezer living at his girlfriend's house who still works while he claims to make gargantuan profits trading ? LOL
Such is the legend (myth) of Jack Hershey.
This ET thread actually forward tests Hershey's so called method with the assistance of none other than Himself. A poster named ScottD put Hershey's ideas into tradestation and the results were.......... drumroll..............
some good days some bad days, overall net unprofitable. ScottD...
Their were two central banks in the US before 1913 as well. The First and the Second Nat'l banks of the United States.
http://en.wikipedia.org/wiki/History_of_central_banking_in_the_United_States
Quote from jack hershey:
As spyder indicated in SCT trading there is no chop. This thread came about from Scott's indest in programming using indicators.
As previously seen in the failure of the SPM mechanical signals generated "chop" was a severe handicap that defeated...
Are you making any improvement at all with the iterative refinement ? How does a forward test of the 1st release from 12-10-08 to date compare to the current release from 12-10-08 to date ? Bet it doesn't look any better ...... And your not responding or posting comparisons confirms that hunch !!!!
http://nextbigfuture.com/2009/02/jovion-corporation-gets-patent-for-zero.html
What is very clear is that a new branch of science is being born. This new field leverages chemical reactions performed in exclusion fields created by closely spaced metal plates. These exclusion fields are...