JACK HERSHEY METHOD EXPOSED AS FRAUD! *Debated*

Status
Not open for further replies.
Quote from bwolinsky:

Obviously not, you don't have access to Fidelity. Are you a US citizen?
More...
As a legacy user from back in the version 2 days I was allowed to upgrade. First to 3, now to 4.0. I DON'T HAVE TO USE FIDO! Sorry for yelling, but geez...


Quote from bwolinsky:

No, you don't have access to the data I'm using, THEREFORE, your results are bogus.
More...
As mando said data is data. It does not matter where it comes from, except maybe splits and divs are handled differently. For these tests over the last couple months that doesn't matter.. I'd bet my Esignal 15 minute bar data was very close to Fido's.

You posted some SSO trades and test (which would not verify either), but you did not post the data that you tested from.
 
Quote from bwolinsky:

I guess you can forget me talking to you. You're a few ticks away from ignored.
More...
It would be an improvement over our current mode of communication. You wouldn't be able to see all of the holes that I punch through your poorly thought-out coding processes, the redicule I heap on your using two or three months of data (particularely the last two or three months) to say that a system is viable or the way I expose the fact that you aren't even a trader ... your a system for profit coder who sales systems on Collectiv2 while pretending to actually know something about trading.

Quote from bwolinsky:

The system is viable through Fidelity data. That's all I'm going to say. When wayne here comes back and tells me how he'd like to have his ASCII data file formatted we'll be somewhere ...
More...
Looking forward to it.
 
Quote from Wayne Gibbous:

I DON'T HAVE TO USE FIDO!


As mando said data is data. It does not matter where it comes
More...

Sorry, absolutely the source of the data makes a difference.

Might I suggest to you sending an ASCII file with

Open High Low Close Volume Date and/orTime and Symbol?

It'll be up to you to figure out how to load it.
 
Quote from bwolinsky:

I guess you can forget me talking to you. You're a few ticks away from ignored.

The system is viable through Fidelity data. That's all I'm going to say. When wayne here comes back and tells me how he'd like to have his ASCII data file formatted we'll be somewhere, but I have doubts he's ever used ASCII data for this or knows how to use it, even though he claims to have had the program for years.
More...
You're kidding, right? How the hell do you think I'm using Esignal? Yeah, with ascii files.

I don't need a file. I don't want to test with it. I can just look at a few days and see if it is the same. Just post like I did: Date, Time, Open, High, Low, Close, Volume. Make sure the days are ones that match your previous trades post.

And give me the multiplier for the volume. Thanks
 
Quote from Wayne Gibbous:

You're kidding, right? How the hell do you think I'm using Esignal? Yeah, with ascii files.

I don't need a file. I don't want to test with it. I can just look at a few days and see if it is the same. Just post like I did: Date, Time, Open, High, Low, Close, Volume. Make sure the days are ones that match your previous trades post.

And give me the multiplier for the volume. Thanks
More...

I don't think we're on the same page, here. I'm going to post the ASCII file in that format. Then you're going to load it, and we'll see what you get.
 
Quote from Wayne Gibbous:


but you did not post the data that you tested from.
More...

I was assuming only real Fidelity customers would use it. Anyway, when someone responds on wealth-lab.com about the program I'll post that link, too. I'm sure they'll have no problem with it.

Copy paste, GO!
 
Look... if this is a good system it shouldn't matter where the data comes from and it should be profitable on stocks too... so how about testing it on a bunch of them?

About the 20000 volume condition... as I said before this only shows the "system" has been optimized to a specific market at a specific time. If it can't be made adaptable (something like x% of a y period moving average of V) then it's worthless.

It's more likely that Hershey's a magic Christmas elf who disco dances than this is a good system.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2228011>
 

Attachments

Quote from Trader666:

Look... if this is a good system it shouldn't matter where the data comes from and it should be profitable on stocks too... so how about testing it on a bunch of them?

About the 20000 volume condition... as I said before this only shows the "system" has been optimized to a specific market at a specific time. If it can't be made adaptable (something like x% of a y period moving average of V) then it's worthless.

It's more likely that Hershey's a magic Christmas elf who disco dances than this is a good system.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2228011>
More...

LOL.

Anyway, come on, T, these conditions have been on the threads for years, both for the MACD, Stoch and anything else including the volume conditions. I find it unlikely that is pure chance the backtest comes back like this.


<b>NO, It's an elf that spits tobacco while doing the disco in front of the white house on Christmas morning</b>
 
Status
Not open for further replies.
Back
Top