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    Spydertrader's Jack Hershey Equities Trading Journal III

    I have but one. FTT's work in any Market; on any time frame - provided sufficient liquidity exists. Good Trading to you. - Spydertrader
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    Is Jack Hershey abusing ET?

    What is it about a 73 year old man that has you so scared? All those years as a Teamster seem to have warped your sense of who is, and who is not, a crook. "Hoffa - great guy. Hershey? Must be running a scam." For around a decade, Jack has posted his methods all across the internet for...
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    Objections to SCT

    Convoluted? Increasing Red. Increasing Black. Decreasing Red. Decreasing Black. You find four states of Volume complicated? Trading off price alone also works, but adding volume doesn't complicate the system as you claim. As much as I'd love to hang around and chat with you some...
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    Objections to SCT

    Begins with the assumption that only the trendline determines continuation or change - incorrect. adds opinion attempting to masquerade as fact arrives at illogical conclusion based on false premise continues to pour on the opinion without facts to back up the assertion. You...
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    Gentlemen, Start Your Engines!!

    Cup Series Bristol Baby!! <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1410866>
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    Objections to SCT

    Whoops! Looks like I didn't proof read that one before sending it to the board. Thanks for pointing it out for me. :D - Spydertrader
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    Objections to SCT

    Allow me to spell it out for you since you appear to have comprehension issues. I linked to this P & L. You then claimed the following ... I asked (numerous times) for you to clarify your remarks - specifically to post your proof that the P & L linked above was sued with a papertrading...
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    Objections to SCT

    I take it from your comments above that you did not mean to imply the P & L I posted had anything to do with a papertrading account then? Or did you mean to say, you do have the proof that the P & L to which I linked came from a demo account, but forgot where you placed it? Since a common...
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    Objections to SCT

    I take it your failure to respond with actual links to where the P & L I posted was used in conjunction with a papertrading account means you were talking out your ass with respect to the P & L I posted? - Spydertrader
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    Objections to SCT

    Fair enough. As you say, you already have a system you prefer to use, and I trust you'll continue to experience success using it. Good Trading to you. - Spydertrader
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    Objections to SCT

    Still waiting on those links for your claim with respect to the P & L. Let me know when you decide to provide them. - Spydertrader
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    Objections to SCT

    Someone says they profit with Jack's methods and you have gone on for months claiming it couldn't possibly be true and won't believe it without proof. Someone else makes a counter claim and fails to provide proof, and you believe it quicker than shit through a goose. Classic. - Spydertrader
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    Objections to SCT

    Sorry, I didn't find the P & L I linked to in those threads. Do you mean to imply that the P & L is in those threads? - Spydertrader
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    Objections to SCT

    So then, no. You don't have the facts? - Spydertrader
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    Objections to SCT

    You don't dispute trading Jack's methods produce profits, but you do dispute the 3x H-L claims. Fair enough. - Spydertrader
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    Objections to SCT

    Forgot? I pulled the P & L from this thread. I found no mention of what you claim I 'forgot.' Perhap's you could link to where this P & L was used in the manner that you assert, so that I might also have the opportunity to 'see' the facts as you have presented them. - Spydertrader
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    Objections to SCT

    Jack has. He just didn't demonstrate it to you. - Spydertrader
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    Objections to SCT

    I appreciate the time you spent formulating such a long post. However, rather than parse each paragraph and craft a response, let me just say this: Jack posted this P & L three years ago from a session in which he was teaching a beginning trader. As I have said in each of these threads...
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    If you don't want to lose money...

    I did not say "high percentage winning trades" are losing money. Clearly they are not. I did say ... In other words, if a system has 9 wins of a quarter, and one loss of $2.50 USD, the system has a win rate of 90%, but an overall loss of 25 cents before commissions and fees. I never...
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    Objections to SCT

    Fair enough. Believe it or not, others who post less frequently (and some not at all) perform at a higher level of success than I. With equities, many people out perform my original results. With futures, some people see the normal ET reaction, and simply choose to avoid it. I am far from...
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