different fractals simultaneously

trade4succes · Aug 28, 2003

I am looking for posts in which Jack Hershey explains his strategy of having simultaneously long and short positions in the same market, in different time fractals.

There are so many posts by Jack, it's a daunting task to go through all of them to find this information.

Can anybody tell me where to find them? Or can anybody explain the strategy to me?

Thanks in advance,

t4s

OldTrader · Aug 28, 2003

Quote from trade4succes:

I am looking for posts in which Jack Hershey explains his strategy of having simultaneously long and short positions in the same market, in different time fractals.

There are so many posts by Jack, it's a daunting task to go through all of them to find this information.

Can anybody tell me where to find them? Or can anybody explain the strategy to me?

Thanks in advance,

t4s

If you're long and short the same market, you have no position. Fractal or no fractal! Did I miss something?

OldTrader

Pabst · Aug 28, 2003

Quote from OldTrader:

If you're long and short the same market, you have no position. Fractal or no fractal! Did I miss something?

OldTrader

LOL Old! I've heard of a Texas Hedge, Hersey came up with a Polish Hedge.

trade4succes · Aug 28, 2003

I just found something in this thread: "Mental Ceilings ...Lessons from Jack".

theTaoTrader · Aug 28, 2003

Quote from OldTrader:

If you're long and short the same market, you have no position. Fractal or no fractal! Did I miss something?

OldTrader

The position sizes for different time frame are likely different. I would think the shorter term trades is probably more likely bigger than the longer term trades. The net position would be their difference.

marketsurfer · Aug 28, 2003

Quote from OldTrader:

If you're long and short the same market, you have no position. Fractal or no fractal! Did I miss something?

OldTrader

old,

it depends on the relative size of each position. however, there are easier ways to accomplish the same goal. LOL !

Spydertrader · Aug 28, 2003

Begin Quote.

You can find the multiple fractal stuff in the ceiling posts under psychology. Supergirl understands this (UK person). Another person asked for clarification and Hershey responded to point out the details of the concept.

The concept is done by people with multiple accounts that are run independently of each other. This preserves the fractal strategies. The example used showed a period of time to demonstrate their independence. You are being misled by people who do not use these strategies. Position and intraday trading is done simultaneously all the time. Accounts are managed to make them look independent.

Best of luck.

End of quote.

dbphoenix · Aug 28, 2003

Is this sort of like slipping a note under the door?

Spydertrader · Aug 28, 2003

trade4succes · Aug 28, 2003

Quote from Spydertrader:

Begin Quote.

You can find the multiple fractal stuff in the ceiling posts under psychology. Supergirl understands this (UK person). Another person asked for clarification and Hershey responded to point out the details of the concept.

The concept is done by people with multiple accounts that are run independently of each other. This preserves the fractal strategies. The example used showed a period of time to demonstrate their independence. You are being misled by people who do not use these strategies. Position and intraday trading is done simultaneously all the time. Accounts are managed to make them look independent.

Best of luck.

End of quote.

Thanks!