BE DO HAVE and Jack Hershey vs Objective Reality

Quote from gerry875:

hm - interesting.

yes so far i have devoted years of my life to my trading career (guess what) - and (knock on wood) - am so far doing fine - with MY method that so far has nothing to do with your stuff (with the exception that i also look for reversals and try to enter very early - but i don't need any lines, channels, indicators, volume, etc. - and i freely admit that i do NOT make anything near the daily range or even a multiple of that).

the reason i take a look at this occasionally is that i am nevertheless open minded (to a certain degree) and maybe one day i will find a detail that i can integrate into my style (since i consider my trading approach as not yet perfect).
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Hi Gerry
this is just a hunch of mine as I don't know you at all, but I'm willing to bet that if someone took the time 1on1 with you to explain sct you would become one of its strongest advocates. You are so very close to getting it. For some reason you are blocking learning.

Change your handle if necessary and jump into the futures thread with your questions, it's actually not hostile at all over there. :)

EDIT: I've just re-read my post and it DOES sound like a cult. LOL!
 
Quote from PointOne:

Interesting choice of words. I do not see it as a fight, more like 2 camps: The amused and the confused.
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My point was the "confused" have read several of Jack's statements about turning a small dollar amount into a fortune in one year, turning 3x of the daily range, documenting these trades, and on and on.

There comes a time when you either back up your words or quit posting claims (if you care about your credibility). I think it is that simple.
 
its extremely difficult to take a small dollar amount and trade it in and out repeatedly the fact that each time you enter and exit dwindles your equity at a much faster rate then a decent sized account.

you have to use 'hit n run' tactics with a small acct, and dont cry if your stop gets hit. With a large acct you can trade extremely fluid like in nature, just move with the market and admit your mistakes early and move on. And you can do it second per second, minute to minute basis.
 
Here's a thought for all you conspiracy buffs.

What if Jack is hypotymus and gerry ??

What if he's slandering his own methods just to cause controversy so that more people come into our cult ???

:eek: :p :p :p :p :D

Someone get the robes while we start the chants .... lol.
 
I don't know Jack, but I am pretty sure this entity speaking out of the body of Jack Hershey is actually the being known as Ramtha...The Enlightened One!

<img src=http://ramtha.com/images/nav/logospin.gif>
 
Yeah, that will happen when pigs grow wings and fly. Prove me wrong by posting code and results...
Quote from Pr0crast:

Jack's equity stuff has been backtested with great results.
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Being a braggart here on ET sure keeps you under the radar, doesn't it?

How about posting your test results? Jack has said that backtesting doesn't work so there seems to be a conflict, doesn't there? Would you please explain this?

Quote from makosgu:

Relax! Life is good! I've been there done that with ALL of the above. IPOs (going on #2 now), backtesting, hedge funds... The hedge fund didn't make sense because you get a fee and have to answer to somebody. As for testing, you probably missed my buried FORWARD TEST that's posted somewhere. Some have seeen it recently and it is nothing short of an eye opener. It is computability at it's finest. My unposted backtests and forward tests have been repeatedly verified as "unbelievable". It definitely raises more than a few eyebrows outside my office door and on the cube farm. No doubt, not having is alot more frustrating than having. What is rarely clear is that hiking to the summit is exciting. Shortly after reaching the summit, it becomes anticlimatic. There is a very very strong reason why people make an effort to stay under the radar. Presumably, were you me, you would want to too.
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