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    Spydertrader's Jack Hershey Equities Trading Journal III

    I short from a universe of low quality stocks (that I scan for). I do. I started doing it when I realised my shorts were losing me money using the hershey approach. So all I did was change the universe - I have one long universe and one short universe. Now my shorts make me lots of money. All I...
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    Why predict?

    Nitro - good post. However, I dont see why there has to be a math reason for a trendline break having a >50% chance of working, excluding the self-fulfiling reason. Trades are made by people, or by programs designed by people. At a right (lower) trend line break of an uptrend investors could...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Thanks Dkm, excellent document from Jack.
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    Why predict?

    Jack for President! JH - how do you come up with this stuff? Brilliant:)
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    Why predict?

    Good post mate.
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    Bush: "Innocent Women and Children"

    What always pisses me is why not "innocent men". Why are men less worthy than women and children?
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    Why predict?

    Jack Perfect post. Your egoless observant action oriented trading style is the only way.
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    Why are traders such smug SOB's!?

    No - you are wrong. What if you have $5m invested. Is $500 a day good? No - could do better in a bank. Trading is about skill. That is why percentages matter. Anyone can get $500 a day if they have enough capital - it tells you nothing.
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    How much did you lose this week?

    Made 10%, $4000 selling short. People say it was out of the blue? What charts were you looking at? Come on. If you lost money this week, then seriously, you are not a trader.
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    Errors in the Hershey Futures Method

    No - I disagree. You show a COMPLETE lack of self awareness. Re-read your question to Jack (your post before the one quoted). You ask him to back up his claims as it would be powerful. If you asked that to me - I would tell you where to go. Why would I waste my time fighting with someone...
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    If you could live anywhere

    Hear hear. Im with you on this one. Last few gfs have been Asian.
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    If you could live anywhere

    Outstanding post. Two thumbs up.
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    If you could live anywhere

    Thats not very nice. She's a human being - not what you say. Meanie:)
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    If you could live anywhere

    How do the taxes and visas work living in Chiang Mai?
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    If you could live anywhere

    Amazing - my experience also. I lived there for years - loved it in terms of women. NY is the easiest place i have EVER lived to get laid - and I have lived in a lot of places. Take them out (easy), buy them $150 French dinner, get laid. Works in 80% of cases. Almost like prostitution. And...
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    If you could live anywhere

    What happened re: the eel? Im from NZ - never been to Cook Islands. Not many flights. Not many tourists go there, at all.
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    The truth about TRADING. Can you handle it?

    That video is such B_sh_t. You must lose...it weeds out the weak, it weeds out the losers. Wow - that it great mental training - not! Yes, it takes a long time to learn how to trade - it took me 4 years. But you can use tiny position sizes while you learn. You can get a mentor. Training...
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    When Genius Failed

    Jack - I am a big fan of yours - but this post sounded like you are on acid:) - are you ok?
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    If you could live anywhere

    . No - You sound like the idiot SiSe. Michael is speaking from experience. I am too. Unlike your immature day-dreaming self, I have actually moved 8 countries in 10 years. It gets old.
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    If you could live anywhere

    Quote from michaelscott: Im not certain how one can build a life by constantly moving about to different places. I dont see the purpose. There is one thing certain in life and that is death. You cant leave your mark on the world by rotating residences every few years. It may seem exciting...
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