Does the Jack Hershey Method work?
- Thread starter The Kin
- Start date
Trying to always be on the right side of the market is all about losing money as fast as possible, losing 3x the daily range is not difficult at all.
Well, if it "works," are you sure you're using JH method?
It is so ambiguous and subjective that any "practitioner" of the "method" would be lying if they claimed they were using JH method. No one knows what JH method is! Sure, they think they know, but the evidence is in and is this: the "method" hasn't been explained clearly enough to permit an unbiased observer to replicate it. JH is like a brokerage salesman, looking for more commissions -- always in, never a loss. He will tell you about compounding, assuming that you don't have any losses, but will not tell you about the risk -- typical brokerage salesman.
It is so ambiguous and subjective that any "practitioner" of the "method" would be lying if they claimed they were using JH method. No one knows what JH method is! Sure, they think they know, but the evidence is in and is this: the "method" hasn't been explained clearly enough to permit an unbiased observer to replicate it. JH is like a brokerage salesman, looking for more commissions -- always in, never a loss. He will tell you about compounding, assuming that you don't have any losses, but will not tell you about the risk -- typical brokerage salesman.
