Grob, his methods and his followers

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there is of course the possibility that this is true.

but then again - there might be another version:

the reason that he does (writes) what he does the way he does it here on et for example is, that he is old and bored and mentally ill somehow and therefore simply cannot do it any other way.

i believe that he has a few millions in his bank - anyone his age should have - but where they come from is a different story. most likely from a heritage or whatever.

because if it were true that he has been trading for about 50 years - stocks and futures with the alleged success/results he keeps telling in at least every second post he makes - he should have BILLIONS in the bank - even more - should easily be one of the richest people in the us. and/or - if he actually were such a philanthropist he should be widely known for it, should be running HUGE projects (almost bill gates style, i'd say) etc.

and if it were true that he gives a "...." (whatever) about what other ones think of him - then why does he freak out in an absolutely ridiculous way everytime someone comes up and tackles him a little bit? reading those hilarious (or whatever you like to call them ...) posts he then makes with all those spelling/grammar errors in them proves that his emotional balance is extremely unstable (you can literally see him yelling at the screen ...) - to say the least - and what he primarily tries here is to maintain an image (an image that mainly exists in HIS personal "reality" anyway) - but nothing else. but then again - he is a great entertainer for most of us here.
 
Quote from Spydertrader:

..Now, I don't really expect anyone to believe what I have posted here, but I have met the man, and I can tell you this. Nothing he does happens by accident. Call it Guru envy, hero worship or even claim I downed several gallons of grape Kool-Aid. Whatever makes you happy. But the bottom line is this: his systems work. Believe it; Don't believe it - that choice is yours.

Good Trading to you all.

- Spydertrader

hmm...phew! that was some lengthy reading, it hurt my brain when I think in the same vein of though, now I just simply accept that he enjoy playing the role of the inscrutable old man. :D
 
Quote from bsmeter:

Whhhhhhhaaaaaaaaaaaatttttt?!!!!!!

The leader of the Kool Aid clan is actually claiming to be taking 3 x the daily range?!!!!!!!

WTF?!!!!!!!!!! LOLOLOLOL!!!!

Must be some pretty good Kool Aid!! ROTFLMAO!!! :D :D
Many pros can take 7x the daily range from ES on a busy day.

A friend who went to the Prof's class saw him take 5x from ES.
 
Quote from steve46:

You a new handle and probably an alias..I won't dignify your comment about my family...Your an ass.. If I met you anywhere I would leave you in the gutter.....My family is out of bounds from now on asshole...If you mention them again I will find you and kick your ass...PM me for my address you dickless wonder

Edit:

Fuck that,,,meet me tomorrow on East Beach, Santa Barbara cocksucker I will be there at 3pm you motherfucking piece of shit
PM me you complete fucking asshole for the details

For those who care about the truth, please find the comment that this cocksucker refers to....It doesn't exist...When you lie about my family, you pay...Seeya
Let us know how this works out! Who doesn't like to watch a good fight? (UFC fan) Hopefully, it won't turn out to be another James Stock/Rubberbird/Thony - Riskarb noshow... :D


j/k, let's all calm down. Can't we all get along? :(

Good trading to all.
 
Yes that is what I said

That is what happened to my family members

No "excuse" is necessary.. Many lost family members and they were never accounted for...

Be there tomorrow

PM me for the map
 
Quote from Tums:

Many pros can take 7x the daily range from ES on a busy day.

A friend who went to the Prof's class saw him take 5x from ES.


Here we go again. It's obvious you're not one of the "pros" you allude to. 7 X , 10 X or 100 X average daily range can be done with multiple contracts. The question is, can you do it trading 1 contract and ( lagging ) indicators? heck no!!
 
Quote from bsmeter:

Here we go again. It's obvious you're not one of the "pros" you allude to. 7 X , 10 X or 100 X average daily range can be done with multiple contracts. The question is, can you do it trading 1 contract and ( lagging ) indicators? heck no!!
only newbie amatures like you would even hallucinate "7x" as the sum of multiple contracts.
 
Quote from Spydertrader:

One can trace the origins of the first flame wars over Jack Hershey's methods online. Beginning on USENET (misc.invest.stocks) in November 1999 and continuing right up until today on ET's web site, the debate has raged over the validity of Jack's claims. After nearly seven years of discussion, it appears as if nothing has changed. Jack continues to post volumes of material and Jack's detractors continue to demand 'proof' of profitability.

Obscured by verbosity, flaming posts and ad hominem attack, most people miss Jack's methods behind the apparent madness. Jack understood long ago what most web site administrators learn along the way. Controversy breeds interest.

By example, one need look no further than the (now deleted) Traders International Threads in order to see the extremely high levels of page views which surrounded that controversy. A huge influx of interested members flooded the thread not only with posts, but also, simply be reading the comments, the page views went through the roof.

Already, this small thread, in its relatively short life, has rapidly seen an increase in its page views. Jack understands this concept (always has). As a result, he has chosen to post in a particular fashion - one which draws the ire of many posters - but at the same time, generates tremendous interest. What better way to spread one's message.

Doesn't it seem odd to anyone that Jack could have, at any time, put an end to the controversy? Over nearly seven years, he could have posted some trade confirmations, traded in real-time via a chatroom, or provided some other form of 'proof' of profitability. Jack's detractors would have us believe the reason no proof exists has to do with Jack's inability to trade. They make up cutesy nicknames for the old man, attack his personal life and call him a fraud. They wonder aloud why, with all this animosity, doesn't Jack simply end the debate once and for all. And just as it was in 1999, just as it always has been, Jack fails to acquiesce to the demands of his detractors.

Why indeed.

Well, I'll ask you all the question then. If you had several million dollars in the bank, a fulfilling personal life and a goal to share your knowledge with those individuals willing to put forth the work, would you give a rats ass what anonymous posters on the internet thought of you? Of course you wouldn't.

Now, combine the answer to the previous question with the fact that controversy does indeed breed interest, well then, one can easily see why Jack has absolutely no plans to 'prove' anything to anyone.

In an ironic twist, everytime someone decides create a thread in an effort to 'debunk' some part of Jack's Methodology - and "warn away unsuspecting and vulnerable newbie traders" - the exact opposite occurs. The detractors themselves end up creating the increase in interest with their own posts. Smart people, people who never (or rarely) post on ET, people who prefer to lurk in the background read the posts, and search, for themselves, the answers they need. As long as open-minded individuals continue to seek knowledge, they can, on their own, arrive at a conclusion with respect to the profitability of Jack's Methods.

So you see, Jack has neither the time, nor the inclination, to provide 'proof' which would end the controversy. It is the controversy itself which enables Jack to spread the message. In fact, it was a post made by a detractor long ago, which initially generated my own interest in Jack's Methods. Jack doesn't refuse to provide proof because the methods don't work - far from it. Jack doesn't provide proof and chooses to write in a style which generates strong emotional responses because, doing so, helps to spread the message.

While I may disagree with his style of transference and his online demeanor, I certainly cannot argue with the facts. Jack's posts, and more specifically the discussions about Jack's methods, generate a great deal of interest. Is it so out of the realm of possibility to understand that Jack has used his detractors to help spread his message all this time? Believe it or not, that is exactly what Jack has done.

Now, I don't really expect anyone to believe what I have posted here, but I have met the man, and I can tell you this. Nothing he does happens by accident. Call it Guru envy, hero worship or even claim I downed several gallons of grape Kool-Aid. Whatever makes you happy. But the bottom line is this: his systems work. Believe it; Don't believe it - that choice is yours.

Good Trading to you all.

- Spydertrader

On the one hand there is a trader claiming to make 2-3X the daily range in the ES offering no proof and being quite "controversial". And OTOH there is a trader posting a screenshot of his daily executions showing his actually making 2-3x the daily range. Well lets guess which trader would have the greater views on ET.

This "explanation" offered by spydertrader is yet another excuse for not posting real executions and is a total canard.

See this post which shows Hershey/Grob in live trading calls on Paltalk. Not exactly the stuff of 2-3x the daily range.
http://www.elitetrader.com/vb/attachment.php?s=&postid=1204058
 
It looks like his entries were impeccable. The reverse was late but still profitable. I wouldnt exactly call this a refutation. Are there any more?
 
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