Questions to Jack Hershey

not trading it,not trying to start an argument,just pointing out a huge character flaw that's behind 99.9% of traders blowing out,you can get rid of it on your own or let the market kick it out of you,final answer,the wall listens better
 
Quote from ammo:

not trading it,not trying to start an argument,just pointing out a huge character flaw that's behind 99.9% of traders blowing out,you can get rid of it on your own or let the market kick it out of you,final answer,the wall listens better
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These things come with getting closer the expert / 10,000 hour mark.

I know how bwolinsky trades, as he is an adherent to another one of my mentors. If he in fact does average down, he is breaking a cardinal rule, he will reap the appropriate reward.

Then, just be there to pick up the pieces, if he chooses to come here and share.
 
Quote from jack hershey:

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The cases in two line theory you mention also have two others. These are D max C and C min D. They are as important as the crossover.
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Quote from jack hershey:
As you look at monitoring and analyzing several fractals, it is important to know where you are on your trading fractal.

The faster fractal is having three moves for each move on the trading fractal.

As you go through the succession of the 3:1 ratio, you see legs of the trading fractal more or less pause as the faster fractal is doing its non dominant middle leg. So at this time there is no crossover by the fast line of the slow line. There is convergence and a minimum and then divergence.

All of this tells you to hold through the non dom faster fractal move.

When using indicators to trade, once their defaults afford proper synchronization, then you can read several fractals on the indicators.

A very important thing is to mentally evelop the skills to "read" two line indicators as leading indicators. This skill is gained by learning the OOE of each fractal on the two lines; then you adjust the OOE to be read just as you add a phase angle to a sinusoid. Two line indicators have a lot of signals and each sunset applied to the OOE of each of the nested fractals.
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C min D is "CCD".
D max C is "DDC". It should be the dom leg of the trading fractal, but I found "DDC" could be non-dom.

Did I misunderstand D max C and C min D? Are they triad cases?

28 Sept 2011 chart showed the ideal case of D max C (the FTT of the up TF)

26 Oct 2011 chart showed the non-ideal case of D max C (the D max C was non dom)

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Quote from masterm1ne:

Am I the only one that can't get through one of Mr. Hershey's posts without litterally laughing out loud...? :p
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Yes, you are the only one.

But that's only because "the others" can't even get through.
 
Quote from ammo:

not trading it,not trying to start an argument,just pointing out a huge character flaw that's behind 99.9% of traders blowing out,you can get rid of it on your own or let the market kick it out of you,final answer,the wall listens better
More...

The feeling is mutual.

As far as this thread's concerned I have his strategy, and have backtested it. It will not ever pay off the national debt or profit anything close, because it is a mediocre excuse for a trading system that if you want to test why Jack's strategies only work on .SPX data and have never worked on ES data then you know where to find the data that does work, and you'll also find his system with more than verbose ranting needed to shut Hershey down with his fraud method of obfuscation.
 
Quote from frenchfry:

Yes, you are the only one.

But that's only because "the others" can't even get through.
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Whatever! I am thinking strongly about posting his system here, but I'd rather people work harder than realizing the rant is all you'd ever need to determine Jack Hershey's Fraud Method's validity.

Seek and you shall find. You won't ever get through to Jack Hershey because he is sly and cunning just like the Devil, and if the Devil's in the details you'd be shocked at how simplistic his method of trading is, and even if you don't want to recognize that I have produced backtests already on his method, I also know that it is out there for people to test themselves but they must do so with the right data and only the data in that epitaph.
 
Quote from bwolinsky:

The feeling is mutual.

As far as this thread's concerned I have his strategy, and have backtested it. It will not ever pay off the national debt or profit anything close, because it is a mediocre excuse for a trading system ...
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are you waiting for some tips to improve your trading system?
 
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