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Questions to Jack Hershey
- Thread starter BenzMercedesSL
- Start date
Still listening to the ego,got to drown that thing bo,it's like the string on a yo yo,cut it and your free,hang on to it and your in the center of a finite circle,out to the fence and back to the center, that you don't dare step outside ofQuote from bwolinsky:
No, but I am absolutely the only one .
Quote from bwolinsky:
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DON'T EVER LISTEN TO ANOTHER FUCKING STUPID ASS 4 VARIABLE MARKOV CHAIN RANT BY JACK HERSHEY. READ THIS ENTIRE THREAD AND BE SURE TO DOWNLOAD THE ASCII DATAFILE AT THE END OF THE THREAD SO THAT YOU CAN SEE THAT JACK HERSHEY'S METHOD DOES NOT WORK ON ANYTHING BUT IN WEALTH-LAB BECAUSE THAT WAS WHERE THE THEORY ORIGINATED AND IT IS ONLY PROFITABLE IN WEALTH LAB SO DON'T LET ANOTHER PSYCHO BABBLE MULTI PARAGRAPH THREAD BY THIS MAN LEAVE YOU WONDERING IF HE HAS A SYSTEM THAT'S PROFITABLE ENOUGH. SEE FOR YOURSELF, BUT DON'T GO OFF ON YOUR LONESOME AND THINK THAT YOU WILL EVER FIND A SET OF PARAMETERS THAT WILL MAGICALLY GIVE YOU THE JACK HERSHEY METHOD. THIS THREAD IS ENTIRELY DEVOTED TO DETERMINING THE PROFITABILITY OF JACK HERSHEY'S METHOD, CIRCA 2008 AND NOT A DAM THING HAS CHANGED. HE'S JUST AS ALOOF, JUST AS STRANGE, DEMENTED AND WHEN IT COMES TO SAVING THE MASSES FROM MORE YEARS OF CURIOSITY THIS IS IT. DON'T EVER REVIEW THE HUNDREDS OF PAGES OF DRIVEL THIS MAN HAS SPEWED ALL OVER THE INTERNET BECAUSE THIS THREAD GETS IT. YEAH, OH, YEAH! THAT'S REAL! I'M GOING OFF BECAUSE I STILL HAVE PEOPLE ASKING ME WHAT HIS CODE IS, AND YET THERE SEEM TO BE MANY WHO STILL COME TO ET JUST TO BE LEAD LIKE COWS TO THE SLAUGHTER WHICH IS EXACTLY WHAT WILL HAPPEN TO YOU IF YOU DO NOT DO ABSOLUTELY EVERYTHING I TELL YOU I DID IN THIS THREAD. DOWNLOAD THE ASCII DATA AND THEN BACKTEST IT YOU MORONS. JACK HERSHEY'S SCRIPT IS NOT DESIGNED TO TRADE ANYTHING BUT .SPX AT FIDELITY. THERE ISN'T ANY SYMBOL IN THIS UNIVERSE THAT WILL ALLOW YOU TO TRADE HIS METHOD PROFITABLY BECAUSE SO FEW OF YOU HAVE EVEN EVER THOUGHT ABOUT BACKTESTING USING WEALTH LAB PRO AND UNFORTUNATELY NOW I THINK THE CODE THERE IS LIMITED TO THE OLD PERL, SO IF YOU WANT TO KNOW HOW WELL HIS FUCKING METHOD GODDAMIT YOU HAVE TO HAVE THE RIGHT GODAM FUCKING DATA! IF YOU COME TO ME AFTER GETTING MY CODE AND ASK ME WHY IT DOESN'T WORK ON ES, OR DOESN'T WORK ON NQ OR WHICHEVER INDEX YOU THINK IT MIGHT WORK ON, IT DOESN'T! JESUS MOTHERFUCKING CHRIST HOW LONG HAVE I WAITED JUST TO LAY THE SMACK DOWN ON THIS CHARLATAN AND WHEN I TELL YOU THAT MORE BRAINCELLS HAVE BEEN WASTED THINKING THIS CON ARTIST HAS ANYTHING BUT EMPTY PROMISES AND YEARS OF FAILURE I AM NOT LYING. THIS WHOLE THREAD PROVES IT. EVERY BIT OF IT. NO, DON'T BE A FUCKING MORON AND TELL ME THAT YOU HAD TO RE-OPTIMIZE OR SOMETHING STUPID LIKE THAT. YOU DON'T HAVE TO CHANGE A FUCKING THING WITH THE SCRIPT. NO OPTIMIZATION IS REQUIRED. DON'T EVER OPTIMIZE BECAUSE THE SCRIPT AT THIS THREAD HAS ABSOLUTELY EVERYTHING YOU NEED TO TEST, BUT SINCE MOST OF YOU ARE AT FIDELITY DOWNLOAD THE FUCKING DATA IN THE EXCEL FUCKING SPREADSHEET FILE THEN SEE IF YOUR SYSTEM WHICH I'M SURE YOU CODED CORRECTLY WORKS, BECAUSE IT WORKS "AS-IS" WITH NO MODIFICATIONS REQUIRED SO GODDAMIT DON'T EVER TELL ME YOU WANT TO USE JACK HERSHEY'S METHOD FOR TRADING ES BECAUSE HE'S A FAKE! HE'S A FRAUD! IF YOU WANT PROOF ABOUT THE DISCREPANCY BETWEEN YEARS OF CHARLATANISM AND ENDLESS, DRIVEL AND PSYCHOBABBLE PUT THE DATA INTO WHATEVER SIMULATOR YOU HAVE AND THEN GO AND BACKTEST BECAUSE I'M GOING OFF LIKE THIS BECAUSE IF I HAVE TO SUFFER ANOTHER ONE OF THESE GODDAM THREADS WHERE ANOTHER STUPID ALIAS STARTS A THREAD ABOUT JACK HERSHEY THEN GO ON! READ EVERY LAST WORD OF THIS THREAD AND IF YOU ARE NOT COMPLETELY SATISFIED BY WHAT I'VE POSTED THERE THEN YOU HAVE WASTED MY TIME. DON'T EVER WASTE MY TIME ASKING ABOUT JACK HERSHEY'S METHOD BECAUSE THE VALUES HAVE BEEN FIXED SINCE EARLY 2000 AND WHENEVER I HEAR ABOUT DUMASSES WHO THINK THEY CAN JUST ASK QUESTIONS AND FIND ANSWERS THIS MAN WILL NEVER GIVE YOU A STRAIGHT ANSWER BECAUSE THAT IS HIS LAME ASS MODUS OPERANDI HE PROBABLY LEARNED IN SECONDARY SCHOOL. I WANT EVERYONE TO KNOW THAT THERE IS NO OTHER DATASET IN THE GALAXY THAT WILL GIVE YOU A PROFITABLE BACKTEST OF HIS METHOD, LET ALONE A WALK FORWARD ONE. SO SAVE YOURSELF YEARS OF PAIN AND AGONY WONDERING IF YOU'LL EVER GET IT. YOU WILL IF YOU FOLLOW ALL OF MY INSTRUCTIONS TO THE T, AND IF YOU ASK ME IF YOU HAVE TO CHANGE HIS METHOD ABSOLUTELY FUCKING NOT. THOSE VARIABLES ARE FIXED, SET IN STONE, THEY'VE NEVER CHANGED! SO DON'T TALK TO ME ABOUT CURVE FITS BECAUSE THIS GODDAM THREAD IS 3 FUCKING YEARS OLD, AND i KNOW THE DATASET IS STALE BUT IT'S THE ONLY REMNANT OF PROOF WE HAVE THAT IT COULD BE PROFITABLE. IT JUST ISN'T PROFITABLE ON ANY GODDAM SYMBOL BUT .SPX. THAT'S IT. YOU HAVE SPYDERTRADER AND JACK HERSHEY ANONYMOUSLY AT TIMES EXCHANGING TRADING INFORMATION. JACK HAD THE METHOD, AND SPYDERTRADER CODED IT, BUT NOT ONLY HAS ALL OF JACK HERSHEY'S LOGIC BEEN COMPILED HERE, BUT THE RESULTS AT THE TIME OUGHT TO BE JUST AS STRIKING BUT THERE IS REALLY NO OTHER WAY THAT I CAN TELL YOU TO FIGURE OUT HOW TO USE HIS METHOD THAN BY DOWNLOAD THE ASCII EXCEL SPREADSHEET OR TXT FILE THAT YOU THEN WILL HAVE TO ESPECIALLY LOAD BY USING THE RIGHT FORMATS AND THAT WAS SOMETHING LIKE YYYYMNDD AND SOME TIMES SO IF YOU HAVE A BACKTESTING PROGRAM THEN YOU'VE GOT TO READ THIS ENTIRE THREAD! DON'T EVER WASTE ANYMORE PAGES WONDERING IF JACK'S METHOD WORKS SO WELL WHY CAN'T ANYONE PROVE IT? I DID PROVE IT, SEVERAL YEARS AGO. COMPARE THE ES TO .SPX AND I FUCKING GUARANDAMTEE YOU THAT IF YOU EVER WANT TO FUCKING KNOW IF HIS METHOD REALLY IS AS GREAT AS HE SAYS IT IS OR PRETENDS THAT IT IS, THEN PUT AN END TO YOUR JACK HERSHEY METHOD FANTASIES, BECAUSE THIS THREAD BLEW OPEN THE DOOR OF EVERYTHING JACK HOLDS DEAR, AND IF YOU REALLY WANTED TO FUCKING HELP YOU POOR, LOST SOULS HE WOULD JUST GIVE YOU THE CODE TO USE. BUT HE'S A PATHOLOGICAL LIAR, A FRAUD, AND A CHARLATAN. IF YOU DON'T LISTEN TO ANY WORDS OTHER THAN WHERE I START THIS MUCH NEEDED RANT THEN PLEASE, BY ALL MEANS, READ EVERY FUCKING WORD IN THIS THREAD AND DOWNLOAD THE DATA AND COMPARE IT TO ES. IF YOU DON'T SEE THE DIFFERENCE YOU GUYS ARE FUCKING STUPID! IDIOTIC GODDAMIT! I'M TIRED OF PEOPLE ASKING WHY THEY CAN'T GET A PROFITABLE BACKTEST, LET ALONE A PROFITABLE PERIOD OF WALK FORWARD RESULTS. JESUS CHRIST THIS THREAD IS EXACTLY WHY SOMEONE NEEDS TO GO OFF ON ALL OF JACK'S LAME HORSERADDISH STUPIDITY.
http://www.elitetrader.com/vb/showt...8&perpage=6&highlight=bwolinsky&pagenumber=63 http://www.elitetrader.com/vb/showt...8&perpage=6&highlight=bwolinsky&pagenumber=56 http://www.elitetrader.com/vb/showthread.
I KNOW PUBLIC RANTING IS BAD BUT SERIOUSLY, JACK HERSHEY IS MORE THAN A LITTLE OFF BASE WHEN IT COMES TO PRETENSION, SO DON'T EVER LET ME HEAR ANOTHER FUCKING WORD ABOUT WHETHER HIS METHOD WORKS. IT'S A JOKE. THE METHOD HAS ONLY BEEN SHOWN TO BE PROFITABLE IN THIS BACKTEST, SO PLEASE DON'T EVER WASTE ANYMORE TIME LISTENING TO THIS PSYCHOTIC PSYCHOBABBLER. JACK HERSHEY KNOWS HE IS SENILE, BUT IT IS ONLY WHEN YOU REALLY START TO STUDY THE SCOTTD THREADS AND THE JACK HERSHEY METHOD EXPOSED AS A FRAUD THREAD THAT I KNOW IF ANY OF YOU ARE REALLY SO INTERESTED THEN YOU WILL FUCKING READ EVERY GODDAM WORD OF THIS THREAD IN ITS ENTIRETY. THEN I WANT YOU TO DOWNLOAD THE ASCII DATA. NEXT PROGRAM THE LOGIC, AND TEST YOUR SCRIPT ON THE DATA. THEN, IF POSSIBLE, DOWNLOAD DATA FOR ES FROM THE SAME TIME PERIOD AND I'M NOT LYING IT WILL NOT BE ANYWHERE NEAR THE PROFITABILITY OF WHAT WAS SHOWN IN THIS THREAD. DON'T THINK I'M YELLING JUST TO BE A LOUD MOUTH. NO, JACK HERSHEY SHOULD BE ASHAMED AT ALL THE HORRIBLE THINGS HE'S SAID ABOUT CONDESCENDING INDIVIDUALS WHEN HE IS JUST AS CONDESCENDING IF NOT MORESO. I WANT THIS TO BE HIS EPITAPH BECAUSE HE CAN'T HAVE TOO MUCH LONGER TO LIVE, AND WE'LL PROBABLY NEVER EVEN KNOW ANYTHING HAS HAPPENED BECAUSE HE'S THAT FUCKING SENILE.
I need to re-emphasize that every part of the program you'll need to backtest his method is in these threads. Read them, code em up, then come back to me with a chart of your entries.
bo .its just channel trading, refined after years of study,what's so hard to understand,jack studied it and understands it better than those who haven't,not much different than what you are trying to accomplish,take a piece of the market and try to find out how it was constructed,break it down,put it back together , and try to figure where it's going in advance
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Quote from ammo:
bo .its just channel trading, refined after years of study,what's so hard to understand,jack studied it and understands it better than those who haven't,not much different than what you are trying to accomplish,take a piece of the market and try to find out how it was constructed,break it down,put it back together , and try to figure where it's going in advance
That is not a backtest, and there are neither entries nor exits marked on that chart.
What you've posted is utterly useless, and also part of this farce. You might as well tell me you bought at the exact low and sold at the exact high today.
Channel trading does not work because the price levels fluctuate too much and eventually move out of the channel.
There is no evidence that Jack Hershey's method does this. Unless there were trades on that chart, you're lost, ammo.
As an RIA Rep and CTA I simply don't understand the notion that I don't trade for a living, because I do. If I thought Jack Hershey's Fraud Method worked, I'd be using it, but as it was, I had technical difficulties in my walk forward, and that's unfortunate because I do not and probably will not ever have access to Wealth Lab Pro ever again.
Quote from ammo:
Still listening to the ego,got to drown that thing bo,it's like the string on a yo yo,cut it and your free,hang on to it and your in the center of a finite circle,out to the fence and back to the center, that you don't dare step outside of
No, until I see backtests, performance summaries, profit factors, and win percentages, it's a scam, a fraud, and Jack Hershey is a charlatan.
Without these, you have zero scientific evidence and are relying on faith.
You can't fool me, because Jack is a fool for calling Multicharts a toy. His method is laughable and I'm telling you to go see it, get killed, and find out.
the market moves up or down or sideways,get your nose out of a book and try it,get your feet wet,you are not qualified to judge what works and doesn't thru tests,what is written is only about ten percent of what happens,your depiction of any endless number of ideas is limited by a finite vocabulary,there are not enough words to completely explain what is happening,and that is if your mind could grasp everything that was happening,we ,gs,jpm,the 6 month new trader,nobody can grasp it all,just parts of it, there are thousands of books describing hundreds of ways to trade,of those how many viable plans were transferred to the reader,you are believing in some crap that has been disproven on here a dozen times,not one taker,the only one believing it is you,so you fooled yourself,but you got to hang on to your precious ego,----------(ego--"ya your right bo" -- bo ,"i know,i know ,the world is full of morons")-------how's that working for ya, how much money is that ego paying you a week,does it pay your rent,groceries,the longer you are at it,more parts,only in your mind do you believe the crap you are spewing here,your fucked up,living in a box,climb out and try it,worst that can happen,you will fail and try again,over and over,the more you master ,the more you will try,the bigger the fall,but you will have become adept at falling and getting back up,life goes on,quit being such a wuss and go out and fail,fuck your ego,what doesn't kill you will make you stronger,smarter...shut the fuck up and listen to what's going on in the world..you are learning at a snails pace,if you used half the brain you think you were given,you would have ended this nonsense years ago,time to leave the childhood behind and become an adult...if you dont' you"ll be sharing a rubber room with the other nutjob,he's been stuck on an island for years,could've built a 1000 rafts by now....don't be the poster boy for "a little bit of knowledge is a dangerous thing"...et already has one,several
$3500 is decent change, but nothing to brag about.
Quote from bwolinsky:
First off, I don't trade on ego or emotion. I trade on quantitative analysis, and only quantitative analysis.
If you are convinced that I do not trade, I made over 3,500 fucking dollars yesterday. How much did you make?