JACK HERSHEY METHOD EXPOSED AS FRAUD! *Debated*

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Quote from Trader666:

So is entering and exiting on the close of the bar that gave you the signal which was calculated using the closing price.
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The only place I'm actually placing a sell or cover on close order is with the EOD net out.
 
Quote from Trader666:

No slippage?

Is that because you entered/exited on the close of the bar that gave the signal like ScottD did?

If so, could you post results for entering/exiting next bar on the open, with and without slippage?
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I'll post two ticks of slippage here, since I'm already doing it correctly.
 
Quote from Trader666:

So is entering and exiting on the close of the bar that gave you the signal which was calculated using the closing price.
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Sorry, T, I didn't read this right, that's correct. You won't have the value UNTIL the bar closes. The way they are interpreting is actually peeking, and they'll have to revise their script to make it work. They calculated the value on the current bar, and bought on the current bar on close; the way it's realistically possible is to wait for the close <i>and then</i> buy on the next bar's open. That's the correct way of doing it, as you said.
 
And I pointed this out on the tread twice, here, but it was ignored.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2218328#post2218328
http://www.elitetrader.com/vb/showthread.php?s=&postid=2218944#post2218944
Quote from bwolinsky:

Sorry, T, I didn't read this right, that's correct. You won't have the value UNTIL the bar closes. The way they are interpreting is actually peeking, and they'll have to revise their script to make it work. They calculated the value on the current bar, and bought on the current bar on close; the way it's realistically possible is to wait for the close <i>and then</i> buy on the next bar's open. That's the correct way of doing it, as you said.
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Quote from MandelbrotSet:

Good work bwolinsky, you called Jack Hershey on his game on his own terms, beat the stuffing out of the fourth or fifth attemp to code his pseudo-auto trading system, and showed everyone here what a real auto trading system looks like.

I love how everytime Jack Hershey makes a move he steps-in-shit. :p

Neoxx is a laughing stock and his boot camp is a bust.

ScottD and the other so-called auto trading system developers have been made to look like fools.

Ah, there is still a place for sanity around here. :)
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I appreviate that, Mandel. It's not like I don't know what I'm talking about. I've only been doing this for years, and Hershey's lack of evidence shows he's a charlatan.

On ScottD, I'm sure a psychologist would say he's Jack Hershey, at least from what I can tell reading the syntax of the speech.

Neoxx? What's to say? He doesn't get it, and I'm concerned not many people will.
 
Quote from Trader666:

And I pointed this out on the tread twice, here, but it was ignored.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2218328#post2218328
http://www.elitetrader.com/vb/showthread.php?s=&postid=2218944#post2218944
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I know you did, but it was ignored as you said.

The way I see it, I think Scott is Jack Hershey. Pretty crazy to me, anyway. A sane person would have stopped by now. Pretty interesting how people "APPEAR" just to approach Jack Hershey.

They've wasted a hundred dollars this month perfecting a system that wasn't worth it at tradestation.
 
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