Quote from Paddler:
Nope! I am a lurker, alone. Disappointed?
Paddllurker, what is it that brings you to ' questions for the master'
When it is answers that of which you provide ?
Questions to Jack Hershey
- Thread starter BenzMercedesSL
- Start date
Paddllurker, what is it that brings you to ' questions for the master'
When it is answers that of which you provide ?
Quote from Paddler:
LOL, you think I am talking nonsense and categorize me as a troll? No wonder you can't undersand why log is personal and why a bar is logged six lines or more.
Do not just "read" what the master wrote. Think and question several times over a sufficiently long period. Otherwise, one will easily turn into a frustrated stroll or a numbed daft. The various logs you saw were actually training tools for the master to illustrate his "points" at particular times and our job is to understand the concepts behind the logs and convert (modify) them into personally useful tools. For a bar to take six or more lines to log, I can tell that you have little idea about the cases other than the simple obvious answers from the master. Try harder to see the subtle differences in the PV sequences.
Good luck.
Sybil? Trash? What a fool! LOL
I always figured the Hershey foule watched five minutes because it took them that long to figure out what the market is doing. As to subleties, there is only time, bid, ask, last and size. Anything more is fevered imagination. What is hard about that?
Quote from Pekanpistach:
Over here dopey..
Are you guys just always wrong?
Great to see ET back to normal
Thanks for that.
Just relax....... I buy weakness after it starts to get strong and sell strength after it starts to get weak.
I've been thinking of averaging down long calls when the underlying is getting less volatile, sitting on a moving average, while another moving average curls up into a certain shape, along with a certain momentum indicator........ It's worked great in the past but I had no way of backtesting the price of callz
Quote from parametrichypo:
Great post! Most want him to hand deliver the "secret" without doing any of the work. Jack "points" you in the right direction or more accurately 'to the left of the right" and its up to the individual to do or to not do. The "not do's" painstakingly look at one second charts all day. Dumb Ass Texans...OOPS
Smart money is long.
Or there is no secret but the code Scottd and I created, with mine having the only profitable backtest.
A 50 line method is not anything but a curve fit even if you do get profitable results. There is no method outlined in this thread, therefore you couldn't derive anything related to the profitability of his system here.
These diagrams and chicken scratch do not provide any quantitative logic and if you're into being mislead have on with the Hen's Writings.
Jack Hershey's method has already been backtested and brought to light for over 3 years now.
Reference the thread from the rant, gather the data in the thread, backtest his method using that data, and then come talk to me.
Someday? It's been over 3 years now.
And, yes, me, because I have done more to test his strategies than all these other nothing aliases ever have. If you want the method, it's there, and if you don't understand why data plays such a vital role in determining profitability it's how I know who the clueless in the Jack Hershey threads are, which is nearly all of them that haven't outputted performance metrics like mine in those threads, or anything like win percentage, profit factors, APR's, or the typical performance chartscript wealth lab has including APD stats. If you're not finding those statistics here it's because I'm the only one who ever did them, and, thus, having not seen anybody else with anything resembling profitable backtests of his method the poor souls who get attached to Hershey by reading his mumbo jumbo really need to get a life, and just read the thread that actually has already debated and put to rest the Jack Hershey Fraud Method, which includes rampant obfuscation and practically no substance or even anything with what every trader wants to know which is how profitable his system is.
It's not profitable enough for me to want to use it, and as far as it paying off the national debt a trader must earn enough money to make it worth their time to earn that much, not depending on the government to lose money with worthless pieces and snippets of bullshit code.
you wear your ego like a pimp hat,your making a fool of yourself http://www.youtube.com/watch?v=tB2ZZgbmZ2U
Quote from parametrichypo:
Great post! Most want him to hand deliver the "secret" without doing any of the work. Jack "points" you in the right direction or more accurately 'to the left of the right" and its up to the individual to do or to not do. The "not do's" painstakingly look at one second charts all day. Dumb Ass Texans...OOPS
Smart money is long.
A one second chart evolves at the rate of a normal fat old man's heartbeat. The only problem occurs when the market is slow and skips a beat. When that happens I pretend that it is a really good orgasm. As to Jack's point direction, it is straight out of the screen and into the blue. Smart money? On the linesides.
All right, ammo.
Please tell me how your Jack Hershey backtests are. I know you don't have any forward tests with it, and until you output data that has any remote similarity to what I've already produced, then you don't know anything about the method and though I feel you're a knowledgable trader hanging onto Jack Herhsey's Fraud Method just to get into an argument with someone who has already backtested it I don't really understand your motivations.
If you'd like to use the method, or can produce performance statistics about it, please do. Until then this thread is another grasp for attention by people wanting to hear Jack Herhsey speak who has no ability to give you straight answers.
I have those answers, and I had those straight answers since 2008. Go look them up, and do your own backtests using the data out of Wealth Lab Pro. When you have done so, only then will you cease to be clueless, because I've done those backtests expecting lunatics attracted to Hershey's pedantic idiosyncracies to learn what actually can produce any evidence of what he's trying to present, and also produce evidence that's entirely scientifically based and in a format most people would expect such a trading strategy to be in.