Search results

  1. G

    Spydertrader's Jack Hershey Equities Journal

    Updating the home-run analogy - this trade now has the potential to become a grand slam..... It is incredibly tough to sit on your hands and not sell...I had to phone people just to ask them to tell me not to pull the trigger. These wins are the real strength of momentum trading IMHO -- we...
  2. G

    Spydertrader's Jack Hershey Equities Journal

    R U trading real money? I ask because you say "now anticipating taking the plunge". Keep size very small if you are starting (half as small as you think is too small). There will be lots of trains leaving stations for years to come. You need lightening fast entry (years of video games...
  3. G

    Spydertrader's Jack Hershey Equities Journal

    I like the race analogy. Expanding on that, you can't win the ragatta if you are still at the dock screwing with the rudder. IE trade the approach with real money and it will re-inforce what a good candiate looks like real quick. Re: money mangement - my account likes it. JH has an inheren...
  4. G

    Spydertrader's Jack Hershey Equities Journal

    IMO, trying to over-engineer this approach doesn't work. I simply attempt to eyeball the 'essence' of the approach (ie pullback, du, frv). If it doesn't fit precisely with a formula it doesn't mean you discard it. DM and g33m4k have made excellent contributions - no knock against - it is...
  5. G

    Spydertrader's Jack Hershey Equities Journal

    Take half profits on CETV now at 34. Move stop to 33 on rest.
  6. G

    Spydertrader's Jack Hershey Equities Journal

    Another benefit of this approach is it keeps you out when things are going down. Nothing to do but watch the Bosox and wait for things to set up again.
  7. G

    Darvas methods?

    Excellent book and I agree with above - His discipline is to be admired --- the best part of the book is him walking around (Paris?) deciding not to sell a huge winner -- touching a card he had written in his pocket each time he had the urge to call his broker and sell. I read this book a...
  8. G

    Spydertrader's Jack Hershey Equities Journal

    AMMD stopped and now setting up again. Re-entries can be very profitable. Move BRC stop to 49.20. Crouching like a dancer ready to spring. Chunky returns - best in a year. Long FDS, FDG Watching AMMD, CNCT, DADE, CREE
  9. G

    Spydertrader's Jack Hershey Equities Journal

    Long CETV. Lesson here is that what looks like a perfect set-up may take several days to trigger. Seen this hundreds of times.
  10. G

    Spydertrader's Jack Hershey Equities Journal

    Move stop to 36.74 on AMMD Took half off BRC. 49 stop on rest
  11. G

    Spydertrader's Jack Hershey Equities Journal

    I would suggest taking partial profits when your initial risk is exceded. Funds your mental account as well as provides income to your trading account. This should not be about 'excitement' or boredom. This should be about trading well. Money will follow. You should have the same mental...
  12. G

    Spydertrader's Jack Hershey Equities Journal

    Taking half profits on AMMD 36.53 stop on rest
  13. G

    Spydertrader's Jack Hershey Equities Journal

    Long NVR, AMMD and BRC (stalling)
  14. G

    Spydertrader's Jack Hershey Equities Journal

    Thanks for the .iff file Spyder. AMMD and BRC have triggered (not precisely by JH method). NVR looks close and looks like a trend pivot second entry. Those that entered after first pullback and have been shaken out are less likely to re-enter and stall the trend should it trigger...
  15. G

    Spydertrader's Jack Hershey Equities Journal

    Here are the criteria and results I use from MSN. Note -- this is not precisely JH's criteria.
  16. G

    Spydertrader's Jack Hershey Equities Journal

    Spyder TIA for your efforts. I discovered JH's method in '99 and have made some money using it. I downloaded 8 months of data on your universe and have one suggestion. I find a lot of your stocks to have quite a bit of overhead resistance. (IDSA, BCSI, CALM, SWIR, UBET and EVCI). IMHO...
Back
Top