Jack Hershey Method Since 2008

Quote from jack hershey:

I always exit on or before bar 78. The reason is that margin changes and I have my linked in set at 94%. the extra non traded 6% is for bar volatility (trend volatility actually)

You can always tell long from short since long has a pencil mark below the witing line of the tablet. I am very oriented to Tofte and how he sees representations.

I use "cheat sheets" as landscape sheets in a 3 ring binder. there are six of them. the "hate to risk" graphic shows a hold. Hate to risk, the person, has emotional feelings during hold. These spontaneous feelings are telling him a bout his need to "survive". They say "suvive by not being at risk. Note his name for perpetuating his difficulty. That is why I chose jack hershey as my name. I always know that I know jack hershey.

I have flipped through the cheat sheets to some extent for each "profit taking" bar entry. River wanted to learn how to do the trades listed. So I suggested he begin with the shortest trades. In the above mentioned illustration, I showed 7 "quickies". These are all seen on page one of my cheat sheets.

If you look at the illustration I gave hate to risk, you can see just how the other pages are drawn out as encriptions of the market's operation.

Originally, I had thought I would be on the record in real time. this meant that I could be sited by anyone where they could thoroughly examine my imperfections and thoroughly report them to the public. I was unable to get the arranger to understand what I told him. these questions of your are very cool because you need the answers to be able to keep track of each subsequent trade. The chart was used in the form it has to make clear how the concept "relative data base" really works.

In trading, there is no mystery as to why so many people fail. as you look at hate to risk, he explains how he makes money and how he feels as thsi money making occurs. He adopted a bar by bar analysis. But he has yet to examine the system of analysis that his effort represents.

The Paltalk arranger frightened us all by posting a chart. He did not even understand that I would be on Paltalk explaining something that was NOT even on his charts. He also thought I would call the whole day and then answer questions. after RTH.

There is this huge mismatch of me and those who read me or trade looking at a platform we have influenced greatly (TN). The last time I let Larson's crew look at my screen, they asked if they could change it to a Bollinger display so they could work on the transmission problem.

you can see this thread is a big miscommunication for several other reasons, some quite humorous others the bleak reality of the integrity of the finacnial industry. This Depression is going to be really really tough on the average Joe out there.

Well here we are on the 11th. A lot of data points since the open on the 19th.

I am settling for the data I have trransmitted in ET as a proof. As meagre as it is, I did call the open on 5 consecutive days. It looks like the CW can't "get it" on the open even. Thanks to those who explained to me I was wrong in making the money I did on each open.

I just looked at my original where I added several days of trades. There are two pairs of identical trades (day-bar):

20-49 and 25-30

and

22-59 and 25- 10

There definitely are others but my memory, where they came from, is not that swift.

Sorry I was sooo slow to respond.
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Jack didn't write this. A nice try, though. Too many taletell discrepanties. I hope this does not mean that Jack is indisposed.
 
Quote from RedDuke:

Hi Jack,

There was no proof of how you trade. Just few calls. The one I saw was wrong, you later said that you reversed after the open on bar 5 or 6.

As always, too much smoke and mirrors, and not a single full day of live trading from you or Spyder, despite all your countless contributions to this forum.

Regards,
redduke
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divide 6 into 78. this is 13 trading segments.

on three of the days where I entered on bar's beginning moments, I held until bar 7. Seven divided into 78 goes about 11 times; two less trades.

Anyone can figure out how I trade from the trades I posted. I am usung volume to make the reversals and I stay in the market all the time from the opening until the non RTH margin goes into effect on bar 78.

as suggested, for each bar there is an OHLC data set available.

Make an Excel. the rows for five days are the bars I traded AND the four values of each bar :OHLC.

gor through all trades and find the lousiest profit segments.

Add up all these segments.

start with one contract and use the compouind interest formula to add contracts every 30 points of profit. Do 140 days using your data averages from the Excel.

You can repeat the process by using the appropriate time on any bar to do the reversal as if, in hindsight, you are an expert trader.

Or you can use volume to determine the best intra-bar timing that is certain.

Or you can use the volume to optimize the bar timing.

Or you can use a combo of the other 12 leading indicators of price that is being traded.

In our case the Paltalk did not work out. You do not read ET on weekends you tell us. I had a possible day on a week to do Paltalk. On a Sunday I chose and posted Tuesday after chacking with our trading room and it's techie. the techie worked Sunday PM to be sure one of the larger PC's was set up and the room could be arranged for the annotator to sit next to me while I was on a mike.


WTF. you finally posted a chart and it was so far off base that had you arranged Paltalk it would have been a waste of your time.

no one expected ET members to be able to get together to do anything reasonable.

what is availoable are many many chat room transcripts. Also what is available for PVT trading is over a year of calls and the results of the calls.
 
Quote from Socrates:

Jack didn't write this. A nice try, though. Too many taletell discrepanties. I hope this does not mean that Jack is indisposed.
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Did I post this??? LOL....

Eat more olive bark (A Greecian expression for "bite me").

My nature is shifting.. I'm going through some changes where some things seem to be shutting down. Bandaids are not the solution anymore but I'm not healthy emough to have the procedures done. I just get wound care now.

I look at my stuffed gray fox (Wiley is his nickname)occationally and hope a solution comes to mind. I am going to not cooking school soon.

I know you are just baiting me to get a response.

I don'y beleive rdduke has the stamina to do an Excel data set. LOL. He could do five days of "pick a Tick" very easily.

Could someone do the coding for looking up the stats on designated days and specific bars? Couldn't all records be made in about 100 milliseconds. Or is itjust that peopl;e need to see the partial fills on prints? No trade is done at just one tick value.
 
Hello Jack,

so sorry to hear about your physical condition....wishing you the very best...!!


Here is part of my log from Friday, based on these cases:

http://screencast.com/t/z7LkBeLjfE5

The Log (it is incomplete but i only had a screenshot until 13:50 on this computer)...no reason to exit from the am entry (either right out of the gate, SFC happened Thursday night, or from the faster fractal traverse point three around 9:45) until EOD that I could see. Decisions made EOB only :
http://screencast.com/t/K7L3ZVtKwCk9

And the chart, with a great exit at the fanned channel LTL:
http://screencast.com/t/QlPpItIj

This stuff is so cool....

best,

Vienna
 
This is amazing.

I don't post here often. So I started putting people on ignore when i read the Spy threads...added maybe a handful of these back in since then...but it seems, normal housekeeping every single time I log on means a few people more into the bin... must be hundreds by now, I don't know. It seems the average quality is declining too.

It is like: you are in a big room. Some people are really interesting and rewarding, but most people are truly marginal, loud, and a complete waste of time. No manners, nothing to offer....

But you have this magic button and suddenly, the only people left in the room are the interesting guys.

The rest is now silent, and appears only rarely, if ever, as a reflection...that is really cool too...:)
 

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I was surprised to see who on Vienna's list but this is what a serious learner should do; stop all the distractions/posting and do the work/drill.
 
Vienna, you are a pickled sausage in a Mason jar. There are some brilliant posters on your list. Your loss. At a guess, 99% of active ET. What fault did you find with BSAM? Or BA_Trader? Or OddTrader? Some smart fuckers.
 
Quote from Argent:

Vienna, you are a pickled sausage in a Mason jar. There are some brilliant posters on your list. Your loss. At a guess, 99% of active ET. What fault did you find with BSAM? Or BA_Trader? Or OddTrader? Some smart fuckers.
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I don't know the posters you are referring to- I really don't spend much time here, except to read a handful of people.
I removed most on my list because following each meandering post dramatically slowed reading the Spyder threads, in fact made it almost impossible. If they had something interesting to say (purely in reference to the subject I was researching), then I figured Spyder would comment on their posts, and they would reappear. This has proven to be a huge timesaver.

Yes, doubtlessly I miss some interesting posters, you must be right... but hey- time is a precious resource.

It's all good.
:)
 
Just me though, eventually someone will make an exceptional post so I refrain from adding anyone on ignore , except for about 25 handles from our Aussie friend. Even him I don't mind posting his peace of mind, as long as it remains within ten or less handles :D


If you keep everyone on ignore except Jack and Spyder you will miss the bigger picture.
A community of folks helping each other regardless of their trading style. Helping in trading, computer, programming/coding, and providing valuable links to different resources.
 
Quote from Vienna:

I don't know the posters you are referring to- I really don't spend much time here, except to read a handful of people.
I removed most on my list because following each meandering post dramatically slowed reading the Spyder threads, in fact made it almost impossible. If they had something interesting to say (purely in reference to the subject I was researching), then I figured Spyder would comment on their posts, and they would reappear. This has proven to be a huge timesaver.

Yes, doubtlessly I miss some interesting posters, you must be right... but hey- time is a precious resource.

It's all good.
:)
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Franky, I was shocked at some of the people you ignored simply because they critickized Jackie Boy. The ones I named are REAL traders, not theoraticiuns. I think you totally miss Jackie Boy's mission. It is, and always has been, to post outragjuice nunsense to get his bettors to correct him and give him usefool trading unformation. Jackie Boy is a tutal frawd.
 
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