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    Spydertrader's Jack Hershey Equities Journal

    2005-05-12, Thursday - Update This morning I monitored one list of stocks (5 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up." Dry Up Stocks BCSI ELOS JUPM MFLX SYNA Our system generated three possible trade...
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    Huge Losses

    You lacked the discipline required to avoid trading on credit. You lacked the discipline required to stick to your trading plan. You lacked the discipline required to keep your losses small. You lacked the discipline required to correctly analyze your behavior continuing to deny you...
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    Spydertrader's Jack Hershey Equities Journal

    2005-05-12, Thursday - Lists Hershey Wealth-Lab Chartscript Culling Methodology Hershey Chartscript Scans / Qcharts Culling / Stocktables.com Sort Hot List DCAI ELOS FORD MCRI SNDA TRGL USG Dry Up Stocks BCSI ELOS JUPM MCRI MFLX SYNA Hot List Stocks Scores DCAI - 2 ELOS -...
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    Spydertrader's Jack Hershey Equities Journal

    2005-05-11, Wednesday - Update None of our Dry Up Stocks (BCSI SIGM SYNA) reached FRV Levels by EOD. - Spydertrader
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    Blotter Time (Put up or shut up)

    I see now. Thank-you for the clarification. - Spydertrader
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    Blotter Time (Put up or shut up)

    Maybe I'm not doing the math correctly, and you could point out my errors. When I add your four winning positions (GOOG, RIMM, SHLD & X), I get $1842.00 USD. When I subtract the losing position (BSC) of $307.00 USD, I end up with $1536.00 and not the highlighted green $2055.00 indicated in the...
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    Spydertrader's Jack Hershey Equities Journal

    2005-05-10, Tuesday - Update This morning I monitored one list of stocks (3 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up." Dry Up Stocks BCSI SIGM SYNA Our system generated one possible trade signals from the...
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    Spydertrader's Jack Hershey Equities Journal

    2005-05-10, Wednesday - Lists Hershey Wealth-Lab Chartscript Culling Methodology Hershey Chartscript Scans / Qcharts Culling / Stocktables.com Sort Hot List DCAI ELOS FORD MCRI SNDA TRGL USG Dry Up Stocks BCSI SIGM SYNA Hot List Stocks Scores DCAI - 5 ELOS - 0 FORD - 0...
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    Spydertrader's Jack Hershey Equities Journal

    2005-05-10, Tuesday - EXM Update Actual Volume for EXM exceeded calculated FRV levels by EOD. In addition, actual volume on EXM exceeded Peak Volume levels. The last time such a huge volume spike occurred with one of our Hershey Equities, I sold on the same day only to witness a significant...
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    How do you know if it's luck or real edge?

    Backtesting the strategy over a significant time period to include all types of markets may also improve your confidence. I use Wealth-lab Developer almost daily to test trading different trading ideas. - Spydertrader
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    Is this a bad equity market?

    Opinions on the market "trading difficulty level" vary from trader to trader based primarily on their particular trading style or trading vehicle of choice. I cannot speak intelligently on how the current market dynamic effects scalpers or other types of intraday liquidity providers, as I have...
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    Spydertrader's Jack Hershey Equities Journal

    2005-05-10, Tuesday - Update This morning I monitored one list of stocks (5 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up." Dry Up Stocks EXM EZPW MCRI SYNA XXIA Our system generated two possible trade signals...
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    Isn't adding to a winning trade a bad idea?

    Adding positions isn't my style either. However, the following article contains a discussion regarding "pressing your winners" which you might find useful. http://www.futuresmag.com/futuresclassroom/phantom/phantom.html The "pressing your winners" discussion is located under "Rule Two."...
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    Spydertrader's Jack Hershey Equities Journal

    I sold my TASR @ $11.01 and currently hold a small position with EXM. I'll update later. - Spydertrader
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    Spydertrader's Jack Hershey Equities Journal

    Again, congratulations on your trading success. May you continue to experience similar results as you progress through your review of the posts. I think you'll find your progress improves as you develop a greater understanding of the theories behind the methods. To answer your question, I...
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    Spydertrader's Jack Hershey Equities Journal

    2005-05-10, Tuesday - Lists Hershey Wealth-Lab Chartscript Culling Methodology Hershey Chartscript Scans / Qcharts Culling / Stocktables.com Sort Hot List DCAI ELOS FORD MCRI SNDA TRGL USG XXIA Dry Up Stocks EXM EZPW MCRI SYNA XXIA Hot List Stocks Scores DCAI - 7 ELOS -...
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    Spydertrader's Jack Hershey Equities Journal

    While I can't recall any specific mention of trading Jack's Methods on a weekly basis, I did trade these methods using EOD data while working before moving to trading full time. Don Cameron's MSN web site has a few posts regarding this subject (see background links posted in the beginning of the...
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    Spydertrader's Jack Hershey Equities Journal

    As one's account grows larger, it certainly makes sense to alter risk parameters accordingly. If I had an account size of one million dollars, I would of course reduce the total risk, and reduce the total portion of the account traded in any one equity. Nobody every suggested doing otherwise. A...
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    Spydertrader's Jack Hershey Equities Journal

    If I understand your methods correctly, you allow for a 12% risk on your total account (4 overnight holds at 3% risk per trade). Although you diversify your risk across 4 different equities, you expose your entire portfolio to significant risk - significantly greater than the methods I...
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    Spydertrader's Jack Hershey Equities Journal

    Thank-you for the kind words regarding the TASR trade, and I appreciate your comments regarding risk and position sizing. While I understand your comments related to holding a position representing "half of one's total account" overnight, I'm not quite sure if I have correctly explained my...
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