POLL for traders who trade the Jack Hershey method(s) in real time with real money

If you actually trade with real money using Jack's method in real time, please vote:

  • I have traded Jack's method(s) for over 6 months with real money in real time, and I [b]made[/b] mon

    Votes: 64 32.0%

  • I have traded Jack's method(s) for over 6 months with real money in real time, and I [b]lost[/b] mon

    Votes: 136 68.0%
  • Total voters
    200
Quote from Trader666:

Show me where, in Jack's document (attached), that he said which portfolio to trade. He didn't which implies it works on all stocks, so I chose 1000 over a 5 year period. If the method had ANY merit, the equity curve wouldn't be this bad!

You Hershey apologists are so predictable... whenever anyone shows how poorly Jack's "methods" perform, you always throw in additional requirements that didn't exist when the method was originally proposed.
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Please remind folks why you didn't use the portfolios that the original author recommended, for the Nth time??? :cool:

In case your memory is that short, here they are again, here too... Explain to everyone how your portfolio is more accurate than the one THE ORIGINAL AUTHOR OF THE DOCUMENT RECOMMENDS (ie. obediant trained puppies, in other words, instruments that follow the relation)! :cool:... Again, this is the ORIGINAL AUTHORS SPECIFICATIONS!!!

To the bank mon ami... BANK
 
Quote from stereo70:

Yes. Do you know how to "read"? [/B]
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Your opinion concerning my reading ability may differ from mine, stereo.
Are you sure that you "read" the material?

Could it be the case that some people "read" some poorly organized material, then simply project their own ideas into it, thinking that they understand?

Could Hershey's writings be nothing more than a Rorschach test, utterly devoid of any meaning?
 
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Quote from optioncoach:

33jtgqr.jpg
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LOL!!! Great pic coach. I've got to keep that one. I've had too much time to kill... Should have spent it working on my new toy (ie. Neoticker)...
 
Quote from Trader666:

For the Nth time, there's NOTHING about which portfolio to use in the original document...
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You are absolutely correct mon ami. What we do have is several posts, like this one, BY THE ORIGINAL AUTHOR might I add, that describes what types of portfolios to use. You have fabulously demonstrated what types of portfolios don't work! So, for anyone starting down the trail, it is good for them, to learn from what you did, and begin where you left off by using recommend portfolios as opposed to T6 like portfolios which gave him results like...

https://www.elitetrader.com/et/attachments/the-turd-jpg.30579/

By using the portfolios constructed from recommended conditions that were found in subsequent posts, you get an EQ curve that looks more like this...

https://www.elitetrader.com/et/attachments/6monthbacktest-jpg.39201/

Ultimately, it is up to the trader as to whether they prefer a negative EQ curve over a positive EQ curve. I always assumed most traders preferred positive EQ curves. It is hard to find an instance where a negative EQ curve is preferred. But so has been the path of T6...

To the bank, or not to the bank! That is the question...
 
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Quote from doli:

...Could Hershey's writings be nothing more than a Rorschach test, utterly devoid of any meaning?
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Is that a rhetorical question?

(To be perfectly candid, most of Jack's posts appear to be the textual equivalent of spilled ink. Of course, that is just my own interpretation. I suppose it is entirely possible that his intelligence is operating on such a stratospheric plane that it completely defies my pedestrian comprehension capability. But I don't think so.)
 
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