Jack Hershey's Methodologies (SCT & PVT)-Good Bad or Ugly

Do Jack Hershey's Methodologies warrant serious study?

  • Fantastic-Jack's methodologies warrant the full attention of all traders (both new and professionals

    Votes: 26 10.9%

  • Good-Jack's methodologies are good and should be studied to enhance trader profitability.

    Votes: 10 4.2%

  • Average-Jack's methodolgies are really no better or worse than any other methodology.

    Votes: 13 5.5%

  • Poor-Jack's methodologies are poor (or inferior) and really do not provide the means for a trader to

    Votes: 18 7.6%

  • Horrible-Jack's methodologies are potentially damaging and a waste of time and money to even conside

    Votes: 171 71.8%
  • Total voters
    238
Jack Hershey "success stories."

nwbprop -- flamed out under Jack's direct tutelage and hasn't posted since Jan 2007. Unfortunately, that thread was deleted but there are some who remember it.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1109633&highlight=nwbprop#post1109633

Neoxx -- Jack said Neoxx was doubling his money every three days when he was actually losing money. Hasn't posted since July 2009.

ScottD -- hasn't posted since March 2009 when he said "Cash Cow" (as certified by Jack) isn't profitable.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2462769&#post2462769

RoughTrader -- Jack's claims about his trading deflated each time I called him on it and he hasn't posted since May 2009.

04-23-09 01:26 PM
"For SCT like trading, rough trader takes 1500 dollars to 94,000 dollars"
http://www.elitetrader.com/vb/showthread.php?s=&postid=2399521&#post2399521

04-26-09 06:51 PM
"Bottom line: looks like roughtrader makes 20,000 a month on two contracts average while scaling out of entries on his ATS"
http://www.elitetrader.com/vb/showthread.php?s=&postid=2403231#post2403231

05-22-09 07:28 PM
"Rough trader is only making a couple thousand a month on a couple of contracts. He needs to make one adjustment to make 20,000 a month. He needs to add 18 contracts to his trading cars"
http://www.elitetrader.com/vb/showthread.php?s=&postid=2437715#post2437715


<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2871255>
 

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There is no medication for what these guys have!

:D

:cool:

Quote from RCG Trader:

Man, this dude is completely unhinged. :D :D :D

They have medication for OCD you know. It doesn't have to be this way for you.
More...
 
Google "Jack Hershey" and the very first link is to:

Jack Hershey’s Incomprehensible Method
http://www.tradersnarrative.com/jack-hersheys-incomprehensible-method-971.html

Here's an interesting excerpt :p

I’ll never forget the time a few years ago that I found him on a thread of mine on elitetrader. I decided to respond in his “language”. I wrote a bunch of nonsensical words, phrases and threw in a few Gaussians, and voila! He replied positively. I couldn’t stop laughing for the next hour or so due to a very bad case of the giggles.
 
Here's Jack in his own words :p

For a while I participated with a multidisciplinary team at a learning hospital at the invitation of my psychiatrist who is also a Native American shaman.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1555191&#post1555191

Even Jiminy Cricket has his old fashioned neck tie off or loose. this is a real treat for the mind.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2106468&#post2106468

This is THE place in THE world to be when I post. If you are so stupid to not have 3m micorpore tape to tape your mouth shut, then use the stupid person's painful type tape.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2111426#post2111426

what distinguishes me from Forbes 400 people is that they are greedy and selfish and I am not
http://www.elitetrader.com/vb/showthread.php?s=&postid=2610703#post2610703

Losses are not part of SCT trading on any level of skill.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2836455#post2836455
 
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