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    Jack Hershey Method: Beginner Rockets

    Chicken LIttle started two of them and he has been an outspoken critic of Jack in the past so I have to wonder at his motives.
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    Jack Hershey's trading methods

    Heres the chart
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    Jack Hershey's trading methods

    Some days are better than others. Two early washes and one small winner. Was in a scalp mode this morning as I dont trust two up days in a row but you never know. The first two rockets might not be apparent but both macd and sto started the day over the lines. Funny how these things keep working...
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    Jack Hershey Method: Beginner Rockets

    So did anyone trade the rocket ?
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    Jack Hershey's trading methods

    cnms2 I will pm you. I am pretty much done posting here. I just wanted to throw out some evidence so that people will have two points of view to consider.
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    Jack Hershey's trading methods

    You can see that I fudge a bit on entries and exits but that comes with experience but they are there on the indicators. I am posting this stuff so some of you might want to consider things before you let these detractors dissuade you from finding out for yourself about whether Jacks stuff works...
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    Jack Hershey's trading methods

    Heres some more of those rockets thats dont work.
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    Jack Hershey's trading methods

    You guys show up on every single Hershey thread with the express purpose of trying to discredit Jack and his methods and have succeeded pretty well in destroying the threads and chasing off some pretty decent posters. Baron does not seem to understand the damage you are doing to this forum but...
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    Jack Hershey's trading methods

    chapper Just stay tuned for awhile. There is a group getting together with Jack in Tucson the second week of June to focus on setting up his website with a number of the people who have been posting here and some others.
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    Thread Moderation

    I was watching to see how fast he moved it to Chitchat. LOL. If he was that diligent all the time there would be no problem.
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    Thread Moderation

    For the most part the moderators do a decent job but there are exceptions. You make a sacrifice when you sign up to be moderator in that to do the job right you must sacrifice some of your time to keep up with the threads in your forum. The criteria for some moderators shutting down a thread is...
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    Question for Grob/Hershey....

    I have taken a 5k account to over 200k in a little less than two years trading primarily rockets so youre going to have a pretty difficult time convincing me they dont work. I'm really glad I did not try to backtest them first as I might have given up. It is quite amazing how we are accused of...
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    Trading is as simple and complex as appreciating this:

    I think trading is as simple as this: http://funnieststuff.net/viewmovie.aspx?ad_key=WBXICFXDOGII&tracking_id=552047&type=wmv&path=/b/bumpinspeakers/bumpinspeakers.wmv
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    Question for Grob/Hershey...

    http://funnieststuff.net/viewmovie.aspx?ad_key=WBXICFXDOGII&tracking_id=552047&type=wmv&path=/b/bumpinspeakers/bumpinspeakers.wmv Just to lighten the mood.
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    Question for Grob/Hershey...

    Reading back over my comments while Im sober I can see some of them were out of line. Par for the course on Saturday afternoons, for me. I seem to go into a state of irrational exhuberence when the week is over. I dont have the link but I also posted some time back that any posts by me on...
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    Question for Grob/Hershey...

    I think that backtesting probably did work a few years ago, before everybody and their brother climbed on board. When you have umpteen thousand people looking at the same thing where is there room for an edge? You seem like a serious guy and if you can find a way to make it work for you then...
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    Question for Grob/Hershey...

    I have yet to meet one backtester who is making any money in the market. If you are or someone else is and can back it up I might have to change my opinions.
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    Question for Grob/Hershey...

    Becoming enamored with historical charts is one of the biggest reasons traders fail, imo. You build a chart, put a couple of indicators on it and then become infatuated with how accurately the indicators predict the turning points. You then begin the quest for the perfect system and are confused...
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    Question for Grob/Hershey...

    Have you read this article linked in another current thread? It points out some of the problems with trying to reduce the market to numbers. I especially liked this one. parentheses mine: DS: How about risk managers? What do you look for in risk managers that you hire? NT: I try to probe...
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    Anthony Robbins - Neurolinguistic Programming (NLP)

    People are always telling me I should trade the Euro or the Russell or whatever the latest fad happens to be. There are two factors in trading that cannot be separated and that is risk and reward. If it goes up fast it can come down fast. You can compensate for range with size. The huge...
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