Jack Hershey methods

Quote from romanus:

Ridiculously pubescent.
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really........I made a live call, and you and Jack never did

and I am pubescent

how do you look yourself in the mirror :cool:
 
Quote from Tums:

Info on how to make it work:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=38777
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Thanks for the link. I found the following statement fascinating! Great work indeed! :D

"The “Jack Hershey Equities Method” seeks to produce a trader who can reliably make 10% about every two weeks (6-8 trading days) trading equities either part-time or full-time. "
http://www.elitetrader.com/vb/showthread.php?threadid=38777

No wonder some parents tell their kids never do trading in their future lives because of becoming full of something! :D
 
Quote from Trader666:

This is actually very simple.

The garbage that romanus is posting is great because it shows conclusively how Hershey's followers use misinformation to do damage control when one of his "methods" is exposed as worthless. Actually, this is more than one of Jack's "methods;" Jack claims that the "P,V relation" is at the heart of TA. Anyway... the kool-aid drinkers can't confront with facts so they make stuff up... just like their ridiculous profitibility claims that they never support with proof.

Here is Jack's original document, which I used as the basis for my backtest. Read it carefully. On page 8 it says to buy the 0 to 7 turn of the "P,V relation." There are no other conditions or filters saying which stocks to do this on or how to exit, so I tested it on 1000 S&P stocks over a five year period. I used a time exit so the results would depend on the 0 to 7 turn itself as much as possible, as opposed to the exit. Exiting 5 days later* produced the equity curve at this link. http://www.elitetrader.com/vb/attachment.php?s=&postid=1278986
* 5 days worked better than 1,2,3, or 4 days.

As you can see, makosgu's lame arguments all center around misinformation and conditions NOT in the original document. Typical cult propaganda. LOL!
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Looks like that's merely an alternative indicator (probably the best one on earth!), rather than any method! Thanks!
 
Quote from Tums:
Info on how to make it work:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=38777
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Quote from OddTrader:
Thanks for the link. I found the following statement fascinating! Great work indeed! :D
"The “Jack Hershey Equities Method” seeks to produce a trader who can reliably make 10% about every two weeks (6-8 trading days) trading equities either part-time or full-time. "
http://www.elitetrader.com/vb/showthread.php?threadid=38777
No wonder some parents tell their kids never do trading in their future lives because of becoming full of something! :D
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I know of people who are regularly exceeding that projection. But you do not have to believe that. I am posting this, not for your benefit, but for those who might have an inquisitive mind.
 
Quote from Tums:

I know of people who are regularly exceeding that projection. But you do not have to believe that. I am posting this, not for your benefit, but for those who might have an inquisitive mind.
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inquisitive minds want LIVE calls

how come you can answer all kinds of bullSH!@ but can't produce live calls

or get your master Jack to do it

why can't you do it like me on this thread and other

I said Mon DOWN ES NQ and YM

why can't longer term SCT be called live in the same way
 
Quote from Tums: I know of people who are regularly exceeding that projection. But you do not have to believe that. I am posting this, not for your benefit, but for those who might have an inquisitive mind.
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You don't have to prove to me anything that I didn't ask for! Thanks anyway!

Keep up your energy and never give up the trading method of your dream! Good luck indeed!
 
Quote from C- kid:
inquisitive minds want LIVE calls
how come you can answer all kinds of bullSH!@ but can't produce live calls
or get your master Jack to do it
why can't you do it like me on this thread and other
I said Mon DOWN ES NQ and YM
why can't longer term SCT be called live in the same way
More...


Stock selection method is described in the journal.
Live calls were made and documented throughout the journal.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=38777
 
Quote from Tums:

Stock selection method is described in the journal.
Live calls were made and documented throughout the journal.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=38777
More...
Quote from OddTrader:

Congrats! Perhaps just simply trade your way quietly!
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How typical of the ET Dis-Information Network.

That's a stock picking Journal.

It is inferred that we are talking about (and have been since the beginning of this Journal) are FUTURES.

Hey, nice try anyway.

Tell you what Tums, say hello to astral for me when you see'em ... lolz :D
 
Stages of a Hershey Trader

Cocaine is a great example of the stages a Hershey trader goes through while studying Jack's "teachings." However, each Hershey Trader's progress in transitioning from one stage to the next can vary and it's not always linear... there can be regression to a former stage or stages. For example, when nwbprop publicly flamed out he accepted it and moved on with his life but he still appears every now and then having regressed to Stages 2 and 3. Also note that Stage 3 (Denial) is not always denial that the Hershey Trader traded the Hershey "method," it can be any form of denial such as denial of failure.

Stage 1 -- Eagerness and Ingratiation

Would someone like Spyder, Mak, Procrast etc care to shed some light on the opening channel from today, and if you have a carry over channel in play, would you mind explaining that as well. Thanks guys!!
http://www.elitetrader.com/vb/showthread.php?s=&postid=1366605#post1366605

Stage 2 -- Delusion and Defensiveness

These strong detractors are angry that Jack is giving away the "keys to the kingdom" so they feel the need to spread as much bad press as they can for damage control.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1391363#post1391363

Stage 3 -- Denial

Also, please link where I said I personally TRADE the Hershey method. Where I tell everyone that I trade SCT. Go on, show me.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1939668#post1939668

Stage 4 -- Acceptance

I dont know if "SCT" works and I dont know that Jack Hershey even trades. I have no idea of either of those things. I personally think Jack is nuts
http://www.elitetrader.com/vb/showthread.php?s=&postid=1939786#post1939786
 
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