Life after trading - busted traders

Quote from jack hershey:

This is turning out to be a very entertaining thread.

Some people here seem to be interested in my track record. They have proferred several solutions to solve their difficulties in getting their interests taken care of. This is a reoccuring cycle that has gone on for several generations; or at least since the computer became usable for communicating.

I personally do not have any interest in the records of anyone anywhere. But I have checked out many many records of others.

Because I do not follow the instructions you people have repeated to me for the 1,000th time, you have the right to say anything you want to me or about me. If you do a good job of it, I will have less people interested in what I do. For me it will be a win win situation. You make me out as whatever you wish and I get to not be bothered by others who may come along in the future and repeat your cycles.

This is what I call a filtering process. People who make demands like you people do get to put me on ignore or do the lurker thing and keep threads I post in always getting a lot of hits. You filter people away from me and those who do figure out that there is a way to learn effectively and efficiently simply get on with the process. They do not post their track records for the same reason that I refrain. Occasionally, there have been a few posts that deal with taking the market's offer; these posts usually do not catch the eyes of people such as you.

I really enjoy communicating with those people who ask great questions in a thread. Moreso I enjoy hearing of the learning and trading successes of those doing the work. Those people have made the list and their information is on file for my sending the 5 book set to them when it comes off the presses. For them it will be a thorough reference set since they have done the work.

Most people, 4 out of 5, find my approach to be worthless. This shows the excellence of the filtering process I use. Those who are part of the 1 in 5, have found one of two things; either they can enhance what they do or they find it worthwhile to do the work required to become expert.

The caveats associated with learning the paradigm and its applications are twofold: people pass it forward to others and people use their new found time and resources to help solve local problems.

Why do people fall into these separate and non overlaping groups. Don Bright's recent post to longhorn24's thread explains it very well. He used the term "personality".

People who do the work, pass it forward and help solve local problems with time and/or money and very different than the people who demand proofs and look for ways to make money using shortcuts. there is a choice: learning to trade skillfully or searching for shortcuts to make money. A packaged track record from anyone helps neither type person.

Don't fall down on the ice.

Trading expertly turns out to be very very easy. All it takes is knowledge and skills. There are no expert edge traders.

Most potential traders go through a process called "learning failure". They are well equipped for this; they have greed and fear combined.

When you read the sentence above, mentally you fell down.

People doing the work get to "walk carefully on the ice".

Learning to trade is not done with experiments and inventions. See the experiments and inventions. Woo woo.

Approaching learning using a cirriculum is how it is passed forward. Step by step, building blocks are acquired once the foundation is in place.

Adjacent bars create cases. Finite cases. One and only one pattern emerges. It is found on nested fractals. All analysis and descions are binary. On any skill level, a person always knows that he knows. the emotions are support, comfort and confidence.

You people all operate in the emotional realm of anxiety, fear and anger. read your words. A loser learns repeated failure. People get the consequences of their choices. You get to own who you have now become.

My posting my track record is only a proof to me. Go to Collective 2 and make a list of all the people you asked to post their track records. Look at Traderzone's record. Look at Bwolinski's record and have fun with your buddies. The guy who owns and runs C2 and I are acquaintences. He deletes anyone who is using my name to "bait and switch". I sweep the web quarterly to eliminate any "bait and switch" that is going on.

Don't fall down on the ice. Ooops.

You present material the same as Karate schools do. Karate instructors like the students that just do what they are told and don't ask questions and put in the time. Some value promptness and attendance very much. That is not to say that those people will be the best at fighting over time, they will be the best at learning that one style being presented and being loyal to the school...

I know two Karate guys with 60 years experience between them that just stopped with the loyalty thingy and questioned the entire world of Martial Arts. They found that nearly every generation of instructors had added things to what was an extremely simple and easy to teach school of thought... and then they developed a really efficient school that could bring a high school girl or a 50 year old guy up to a surprisingly high level of proficiency in a matter of weeks or months... the thing is they aren't training competitors to beat them out of money as it would be if somebody had a truly simple trading method that efficiently made money... so if a truly simple and efficient trading method is developed nowadays, it's a certainty nearly, that it will not be disseminated to internet strangers...
 
Quote from jack hershey:

This is turning out to be a very entertaining thread.

Some people here seem to be interested in my track record. They have proferred several solutions to solve their difficulties in getting their interests taken care of. This is a reoccuring cycle that has gone on for several generations; or at least since the computer became usable for communicating.

I personally do not have any interest in the records of anyone anywhere. But I have checked out many many records of others.

Because I do not follow the instructions you people have repeated to me for the 1,000th time, you have the right to say anything you want to me or about me. If you do a good job of it, I will have less people interested in what I do. For me it will be a win win situation. You make me out as whatever you wish and I get to not be bothered by others who may come along in the future and repeat your cycles.

This is what I call a filtering process. People who make demands like you people do get to put me on ignore or do the lurker thing and keep threads I post in always getting a lot of hits. You filter people away from me and those who do figure out that there is a way to learn effectively and efficiently simply get on with the process. They do not post their track records for the same reason that I refrain. Occasionally, there have been a few posts that deal with taking the market's offer; these posts usually do not catch the eyes of people such as you.

I really enjoy communicating with those people who ask great questions in a thread. Moreso I enjoy hearing of the learning and trading successes of those doing the work. Those people have made the list and their information is on file for my sending the 5 book set to them when it comes off the presses. For them it will be a thorough reference set since they have done the work.

Most people, 4 out of 5, find my approach to be worthless. This shows the excellence of the filtering process I use. Those who are part of the 1 in 5, have found one of two things; either they can enhance what they do or they find it worthwhile to do the work required to become expert.

The caveats associated with learning the paradigm and its applications are twofold: people pass it forward to others and people use their new found time and resources to help solve local problems.

Why do people fall into these separate and non overlaping groups. Don Bright's recent post to longhorn24's thread explains it very well. He used the term "personality".

People who do the work, pass it forward and help solve local problems with time and/or money and very different than the people who demand proofs and look for ways to make money using shortcuts. there is a choice: learning to trade skillfully or searching for shortcuts to make money. A packaged track record from anyone helps neither type person.

Don't fall down on the ice.

Trading expertly turns out to be very very easy. All it takes is knowledge and skills. There are no expert edge traders.

Most potential traders go through a process called "learning failure". They are well equipped for this; they have greed and fear combined.

When you read the sentence above, mentally you fell down.

People doing the work get to "walk carefully on the ice".

Learning to trade is not done with experiments and inventions. See the experiments and inventions. Woo woo.

Approaching learning using a cirriculum is how it is passed forward. Step by step, building blocks are acquired once the foundation is in place.

Adjacent bars create cases. Finite cases. One and only one pattern emerges. It is found on nested fractals. All analysis and descions are binary. On any skill level, a person always knows that he knows. the emotions are support, comfort and confidence.

You people all operate in the emotional realm of anxiety, fear and anger. read your words. A loser learns repeated failure. People get the consequences of their choices. You get to own who you have now become.

My posting my track record is only a proof to me. Go to Collective 2 and make a list of all the people you asked to post their track records. Look at Traderzone's record. Look at Bwolinski's record and have fun with your buddies. The guy who owns and runs C2 and I are acquaintences. He deletes anyone who is using my name to "bait and switch". I sweep the web quarterly to eliminate any "bait and switch" that is going on.

Don't fall down on the ice. Ooops.

Some people have an amazing talent for BS.
I hope nobody is duped.
 
Quote from wutang:

The fact that he has not been banned from this site really tells you something about the owners and their intentions.

I guess i would have to disagree with you there, I'm a rabid free speech person. So unless I've missed something, BS as unwanted by myself as it is, is not illegal nor is it placing a liability on the owners of the web site.

As long as it's legal speech why should I and others be arbiters of what is acceptable? (reminds me of those who want to impose their idea of just compensation on others)


I see wayyy too much censorship on internet forums.

If it REALLY UPSETS me , I should be adult enough to just ignore it
 
Guys, you don't have to quote Jack, please, he is on my Ignore and I prefer it that way.

But since I was bored, I did read his last mini-novel and I saw this in it:

"Go to Collective 2 and make a list of all the people you asked to post their track records."

Well, I did a quick search just out of curiosity on C2, and I couldn't find any system that would claim the owner is using the Hershey method. Not one out of thousands. How come? After all that teaching and hundreds of followers, not even one C2 system?

Actually, there was ony by BWol, but since we know his record, that doesn't count, although Jack, you might want it removed, because it is down... :)
 
Quote from Index piker:

I guess i would have to disagree with you there, I'm a rabid free speech person. So unless I've missed something, BS as unwanted by myself as it is, is not illegal nor is it placing a liability on the owners of the web site.

As long as it's legal speech why should I and others be arbiters of what is acceptable? (reminds me of those who want to impose their idea of just compensation on others)


I see wayyy too much censorship on internet forums.

If it REALLY UPSETS me , I should be adult enough to just ignore it
I understand what your saying. On the other hand I've also been on forums where they were ruthless with the ban hammer and it was to the forum member's benefit. It kept the intent of the forum pure and kept the bullshitting and bickering to a minimum. I think people should obviously be allowed to to speak their mind but what "some" people are constantly spewing could be very harmful to newb traders looking for direction and tends towards unwanted gibberish spam that ends up derailing and killing threads.
I suppose it is everyone's responsibility to censor things for themselves but it is bullshitters like this that really bring down the quality of the site.
 
There was somebody who crashed out big time. So much so that he felt suicidal. He phoned a suicide hotline and talked to somebody who admitted to being in a call centre in Asia. When he said he could drive a truck they seemed really interested !!

:)
 
I will be honest Jack. I read through your threads and still have no idea your trading methods. The people who talk against you are doing so because your methods cannot be understood.

However, I must give credit where credit is do. That was a nice job of getting Rosenthal on board with you. You did it simply by making posts to Elitetrader. As for that, I take a bow. Very few people can do what you did in that regard.


Quote from jack hershey:

This is turning out to be a very entertaining thread.

Some people here seem to be interested in my track record. They have proferred several solutions to solve their difficulties in getting their interests taken care of. This is a reoccuring cycle that has gone on for several generations; or at least since the computer became usable for communicating.

I personally do not have any interest in the records of anyone anywhere. But I have checked out many many records of others.

Because I do not follow the instructions you people have repeated to me for the 1,000th time, you have the right to say anything you want to me or about me. If you do a good job of it, I will have less people interested in what I do. For me it will be a win win situation. You make me out as whatever you wish and I get to not be bothered by others who may come along in the future and repeat your cycles.

This is what I call a filtering process. People who make demands like you people do get to put me on ignore or do the lurker thing and keep threads I post in always getting a lot of hits. You filter people away from me and those who do figure out that there is a way to learn effectively and efficiently simply get on with the process. They do not post their track records for the same reason that I refrain. Occasionally, there have been a few posts that deal with taking the market's offer; these posts usually do not catch the eyes of people such as you.

I really enjoy communicating with those people who ask great questions in a thread. Moreso I enjoy hearing of the learning and trading successes of those doing the work. Those people have made the list and their information is on file for my sending the 5 book set to them when it comes off the presses. For them it will be a thorough reference set since they have done the work.

Most people, 4 out of 5, find my approach to be worthless. This shows the excellence of the filtering process I use. Those who are part of the 1 in 5, have found one of two things; either they can enhance what they do or they find it worthwhile to do the work required to become expert.

The caveats associated with learning the paradigm and its applications are twofold: people pass it forward to others and people use their new found time and resources to help solve local problems.

Why do people fall into these separate and non overlaping groups. Don Bright's recent post to longhorn24's thread explains it very well. He used the term "personality".

People who do the work, pass it forward and help solve local problems with time and/or money and very different than the people who demand proofs and look for ways to make money using shortcuts. there is a choice: learning to trade skillfully or searching for shortcuts to make money. A packaged track record from anyone helps neither type person.

Don't fall down on the ice.

Trading expertly turns out to be very very easy. All it takes is knowledge and skills. There are no expert edge traders.

Most potential traders go through a process called "learning failure". They are well equipped for this; they have greed and fear combined.

When you read the sentence above, mentally you fell down.

People doing the work get to "walk carefully on the ice".

Learning to trade is not done with experiments and inventions. See the experiments and inventions. Woo woo.

Approaching learning using a cirriculum is how it is passed forward. Step by step, building blocks are acquired once the foundation is in place.

Adjacent bars create cases. Finite cases. One and only one pattern emerges. It is found on nested fractals. All analysis and descions are binary. On any skill level, a person always knows that he knows. the emotions are support, comfort and confidence.

You people all operate in the emotional realm of anxiety, fear and anger. read your words. A loser learns repeated failure. People get the consequences of their choices. You get to own who you have now become.

My posting my track record is only a proof to me. Go to Collective 2 and make a list of all the people you asked to post their track records. Look at Traderzone's record. Look at Bwolinski's record and have fun with your buddies. The guy who owns and runs C2 and I are acquaintences. He deletes anyone who is using my name to "bait and switch". I sweep the web quarterly to eliminate any "bait and switch" that is going on.

Don't fall down on the ice. Ooops.
 
This is a very offensive picture you have posted. Why sit there and put down others who are not in a good position in life? This clearly demonstrates your maturity.

Quote from TraderZones:

Quote from jack hershey:
Almost anything a person would want to see is at my residence.

TRUE - I managed to download a photo of your residence - nice hat!:
AAKA001104.jpg


No one so far has reverse engineered any methods my records represent.
A random number generator would work

Obviously, everything I do can be coded and used as an ATS.
Yes - ATS - Against the System (aka "Do the Opposite and Win")
 
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