Questions to Jack Hershey

MarketMasher · Nov 20, 2011

Quote from RCG Trader:

The curve you posted will suffice. Now go turn that theory into actuality.

I am getting troughs and flat periods, so this is definitely incorrect in at least some respects.

I would like to see what a proper implementation looks like. Please post it so I can compare. It would not be revealing any methods, but at least I could see how far off the mark I am.

Thanks!

RCG Trader · Nov 20, 2011

Quote from MarketMasher:

I am getting troughs and flat periods, so this is definitely incorrect in at least some respects.

I would like to see what a proper implementation looks like. Please post it so I can compare. It would not be revealing any methods, but at least I could see how far off the mark I am.

Thanks!

I stopped backtesting many years ago when I discovered the inherent flaws present in almost every backtesting program. The key here is to understand the concepts, use them to make the best trading decision you can at that moment, know exactly where to get out if you are wrong, and stick to what you are doing, the rest will take care of itself.

More free advice, I suggest you ponder it.

MarketMasher · Nov 20, 2011

Quote from RCG Trader:

I stopped backtesting many years ago when I discovered the inherent flaws present in almost every backtesting program. The key here is to understand the concepts, use them to make the best trading decision you can at that moment, know exactly where to get out if you are wrong, and stick to what you are doing, the rest will take care of itself.

More free advice, I suggest you ponder it.

And I wasted all that time creating a junk system...

damn.

RCG Trader · Nov 20, 2011

Quote from MarketMasher:

And I wasted all that time creating a junk system...

damn.

Hey, it happens.

SK0 · Nov 20, 2011

Quote from RCG Trader:

Hey, it happens.

Why waste your time with them?

As long as they don't spend quality time to annotate, MADA, and think CRITICALLY on the concepts posted by Jack, they will forever have no idea how to get out of their own trap.

RCG Trader · Nov 20, 2011

Quote from SK0:

Why waste your time with them?

As long as they don't spend quality time to annotate, MADA, and think CRITICALLY on the concepts posted by Jack, they will forever have no idea how to get out of their own trap.

Because I have learned over the years that JH threads have ENORMOUS amounts of lurkers. So while I am aware the MM is just being sarcastic, there are some people who are not posting who are very interested in what JH vets have to say.

So, I respond seriously to the most ridiculous of requests, make sure to place that insane Aussie on ignore instantly, and move on with the discussion.

nkhoi · Nov 21, 2011

Quote from raidnfade:

Einsten's definition of insanity was doing the same thing over and over again and expecting different results.

agree

Under that criteria and considering after so many years you have still had not made money with Jack's 'method' I think you may be a victim of psychological projection.

don't know who is 'you'? you need to find a diff 'you'.

Of course feel free to prove me wrong.. no Hershey follower ever has but maybe you are more skilled with Paintshop than they were.

there is zero need to 'prove', each and every reader is responsible to do one own testing.

Or maybe it's just easier to put the people who ask the hard questions on ignore [/B]

no your questions are not hard at all. after thousands of pages and multiple years of discussing, these questions have been asked and answered multiple of times. I am not going to bother with links anymore, been there done that.

R. Raskolnikov · Nov 21, 2011

Does this include creating hundreds of aliases, saying the same shit over and over again, and then getting banned each and every time?

Quote from raidnfade:

Einsten's definition of insanity was doing the same thing over and over again and expecting different results.

R. Raskolnikov · Nov 21, 2011

How could you save anyone? Like I said, you do the same thing over and over again and each time all your posts are removed and your alias banned. You're not reaching anyone, you're just living out the definition of insanity :0

I'm trying to save your sad deluded soul here, end the madness and do something new with your life.

Quote from raidnfade:

Yes as does PM'ing me all the time.. but if I save just one sad deluded soul such as yourself Ras it's all worth it

RCG Trader · Nov 21, 2011

Quote from R. Raskolnikov:

How could you save anyone? Like I said, you do the same thing over and over again and each time all your posts are removed and your alias banned. You're not reaching anyone, you're just living out the definition of insanity :0

I'm trying to save your sad deluded soul here, end the madness and do something new with your life.

If you see em' zap em'. Ignore on sight. Do not hesitate.