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.