Questions to Jack Hershey

Quote from MarketMasher:

Didn't someone say the system (currently) can't be back-tested, only forward-tested?

Not sure why that would be - the rules are too vague? It only runs on instruments that are newly created and have no historical data? The Force is not strong with it?

What would be the reason?

At 3x's daily ATR and on a compounded basis, I'm thinking this system can be used pay off the National Debt! A patriot would offer it to the country and save America!! :D

sigh

backtest r2r and b2b.....

be sure to include pace in your backtests......

if you do not know what I am talking about, all else is everywhere else, so look it up.
 
Quote from RCG Trader:

sigh

backtest r2r and b2b.....

be sure to include pace in your backtests......

if you do not know what I am talking about, all else is everywhere else, so look it up.

Can you post a Performance Report so I can see if I am going in the right direction?
 
Quote from MarketMasher:

Can you post a Performance Report so I can see if I am going in the right direction?

That WILL BE THE DAY.

I'm still the only one that posts performance summaries. RCG doesn't have any backtests, or else he would have posted them by now, but if he does then the next question is which interval?
 
Do you love America? Home of the Brave. Land of the Free....

Such a system that gets 3x's ATR daily compounded can save America from the financial disaster of crushing debt!

Will someone step forward and save America?

Picture this - his picture on the cover of TIME with the caption - "A Committee of One To Save The World"

It would be epic. :D
 
Quote from MarketMasher:

Do you love America? Home of the Brave. Land of the Free....

Such a system that gets 3x's ATR daily compounded can save America from the financial disaster of crushing debt!

Will someone step forward and save America?

Picture this - his picture on the cover of TIME with the caption - "A Committee of One To Save The World"

It would be epic. :D

Listen to me, I'll put this succinctly:

Jack Hershey is a fraud, and the name of his system is really Jack Hershey Fraud Methods. There are only two people in this world with systems that can do that, and JACK IS NOT ONE OF THEM.

Quit dreaming and posting these stupid replies that arguably have absolutely NOTHING to do with determining the validity of Jack Hershey's Fraud.

Fraud? Does fraud sound like it's something worth pursuing? Quit bringing the dreamliner out already, it's taken WAY TOO LONG to see the light of day.

Now that it has seen the light of day, for more than 3 years now I might add, if nobody's posting accurately reported results then <b><i>IT'S STILL A FRAUD.</b></i> The fraud isn't so much that he's lying about it being profitable it's a fraud in the sense that it is absolutely, completely NOT CAPABLE OF PRODUCING THAT LEVEL OF PERFORMANCE... EVER....EVER... EVER...EVER...AND...EVER...NEVER...EVER...Ever.

If you're ignoring me and the pm I sent you then I'm considering ignoring you because you're just as clueless as anybody who thinks his method is anything else BUT A FRAUD. He has violated every rule with regard to what you can say about profitable trading methods and if you don't know why exaggeration and overstating performance is bad, then you ARE CLUELESS.

You don't have to be clueless. The data and the program. Go test it, and when you have your results you'll find them only marginally profitable if it's even still profitable. Most likely I'm still the only one that was able to turn a profitable backtest from all the worthless coding behind a less than 50 line program.
 
Quote from MarketMasher:

Can you post a Performance Report so I can see if I am going in the right direction?

No.

If you are going the right direction, your trading account will reflect that.

That is all that should matter to you.
 
Quote from bwolinsky:

Listen to me, I'll put this succinctly:

Jack Hershey is a fraud, and the name of his system is really Jack Hershey Fraud Methods. There are only two people in this world with systems that can do that, and JACK IS NOT ONE OF THEM.

Quit dreaming and posting these stupid replies that arguably have absolutely NOTHING to do with determining the validity of Jack Hershey's Fraud.

Fraud? Does fraud sound like it's something worth pursuing? Quit bringing the dreamliner out already, it's taken WAY TOO LONG to see the light of day.

Now that it has seen the light of day, for more than 3 years now I might add, if nobody's posting accurately reported results then <b><i>IT'S STILL A FRAUD.</b></i> The fraud isn't so much that he's lying about it being profitable it's a fraud in the sense that it is absolutely, completely NOT CAPABLE OF PRODUCING THAT LEVEL OF PERFORMANCE... EVER....EVER... EVER...EVER...AND...EVER...NEVER...EVER...Ever.

If you're ignoring me and the pm I sent you then I'm considering ignoring you because you're just as clueless as anybody who thinks his method is anything else BUT A FRAUD. He has violated every rule with regard to what you can say about profitable trading methods and if you don't know why exaggeration and overstating performance is bad, then you ARE CLUELESS.

You don't have to be clueless. The data and the program. Go test it, and when you have your results you'll find them only marginally profitable if it's even still profitable. Most likely I'm still the only one that was able to turn a profitable backtest from all the worthless coding behind a less than 50 line program.

Dude, relax.

You seem like a sincere sort, but I'm not taking any orders today. Probably not tomorrow either. No offense.

RCG Trader has declined to help. That's enough.
 
Quote from MarketMasher:

Dude, relax.

You seem like a sincere sort, but I'm not taking any orders today. Probably not tomorrow either. No offense.

RCG Trader has declined to help. That's enough.

I did not decline to help, I did tell you what to backtest.

If someone gives you something for free, then it is up to you to determine the value of it.

If you cannot determine the value of it, then it is not valuable to you, and you should move on to other strats that can help you. The only thing JH cost you is a little bit of time.
 
Quote from RCG Trader:

I did not decline to help, I did tell you what to backtest.

If someone gives you something for free, then it is up to you to determine the value of it.

If you cannot determine the value of it, then it is not valuable to you, and you should move on to other strats that can help you. The only thing JH cost you is a little bit of time.

I tried on some recent data but my curve doesn't look right.

http://imageshack.us/photo/my-images/97/try01.png/

Shouldn't the curve go parabolic and then stay vertical?

Can you post your successful implementation so I can see?
 
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