I never expected a response.. but man this is weird..lol
post in IR thread.
Your recent comment:
"trying to understand why so many followers of this system have not become millionaires yet? I see the same people and the same posts all the time. I think you guys should realize that there is no 1+1 = 2 in the markets no matter what you trade or no matter what system that is why it is always evolving.. but you guys nit pick every little thing that fits inor deosn't fit into this hershey system. I like the idea of trend trading and chart patterns and channels. I like a lot of what hershey says and kudos to spyder for trying to help.. but serioulsy if you guys look at bollinger bands it might really help you see the forest and trees etc.. without all the fancy jargon and mind boggling charts! Keep it simple stupid and you might just make a little money trading. Anyway I hope you all trade profitably using whatever set up you like. How is is that this many peopel have been trying this strategy for so many years and are still failing and questioning.. some time sthere is no answer. A hedge fund reently hire 90 PHD's yes 90 !!! All that brain power.. all the moeny spent on salaries etc.. be smart people if this worked so well then don't you think funds would reduce teh work force and just trade the hershey method.. anyway I hope this jolts some of you into opening your eyes to understanding that sometimes market moves just cannot be explained.. none of this fits into a perfect distibution .. or gaussian etc. good luck"
Thanks for posting; it forwards our approach to the public. By making it substantive and putting my name in it it will be picked up and put on a lot of piles. Nice set of linked words.
There does seem to be a multi year pattern out there among the folks you describe at hedge funds, etc...
Most SCT traders at intermediate are having 100K days occasionally in any quarter. We do keep lists of such traders as they report their progress. The more experienced SCT traders do better. ET is not where these guys operate primarily.
There are roughly three different groups of people in the financial industry who we look out for and keep our eyes peeled for.
1. bait and switch.
We sweep these kinds quarterly. first we contact the ad agency and find out who the rat is there. Then we go to the CEO of the profferer. Rarely do we contact the subcontracted (its always a subcontractor) lawyer. So far we have had a 100% cease rate.
The follow on is diverse. To cut to the chase; my speaking fees are 3 times Jake Bernsteins @ the same agency. (low 5 digits) We have NOT accepted the terms of any proffered contracts to enable their "bait".
2. Platform and/or data providers. Neither of these categories can understand what we do. So what happens is their clients request platform or data assistance to be able to accomodate our methods. This doesn't happen.
After more than two requests usually the account rep calls someone or emails or pm's to make contact with us. It is a WTF conversation. The rep doesn't want the client on his case and he isn't going to get anything done for the client.
We have handled two cases so far. (We are burning them to learn). One is 15 months in duration and the other is about 7 months. Both are beta now. And I may shift over three machines here to handle one of them as a check out.
My trading accounts are never in my name and I trade only for the purposes of the account and I maintain an amateur status by compliance with paperwork periodically at the initiative of those who run the accounts collectively and individually. I have a history of investigations and citations that had to be withdrawn.
We have three tiers of people. The usual.
3. Big money. Connections began in 1964. 10 digit money is as high as it has gotten.
We do reverse site visits only, meaning we go there and they do not "see" anything. We go live only on wifi connections and NOT through their anythings. They shit and we do not entertain any paper work. All of our IP and TS has been made tangible and it is widely distributed (not all in the same place) and legally wrapped up with super ribbons. We only currier by air with known curriers (Identifiable face to face).
Summary
We have determined our window after exposure. We have financial guarantees for our priority service projects at 100% of ongoing costs. We know no one can rep us using the usual drill down techniques (their pros are only fast and complex)
um.. isn't it illegal to have trading accounts not in your name?
post in IR thread.
Your recent comment:
"trying to understand why so many followers of this system have not become millionaires yet? I see the same people and the same posts all the time. I think you guys should realize that there is no 1+1 = 2 in the markets no matter what you trade or no matter what system that is why it is always evolving.. but you guys nit pick every little thing that fits inor deosn't fit into this hershey system. I like the idea of trend trading and chart patterns and channels. I like a lot of what hershey says and kudos to spyder for trying to help.. but serioulsy if you guys look at bollinger bands it might really help you see the forest and trees etc.. without all the fancy jargon and mind boggling charts! Keep it simple stupid and you might just make a little money trading. Anyway I hope you all trade profitably using whatever set up you like. How is is that this many peopel have been trying this strategy for so many years and are still failing and questioning.. some time sthere is no answer. A hedge fund reently hire 90 PHD's yes 90 !!! All that brain power.. all the moeny spent on salaries etc.. be smart people if this worked so well then don't you think funds would reduce teh work force and just trade the hershey method.. anyway I hope this jolts some of you into opening your eyes to understanding that sometimes market moves just cannot be explained.. none of this fits into a perfect distibution .. or gaussian etc. good luck"
Thanks for posting; it forwards our approach to the public. By making it substantive and putting my name in it it will be picked up and put on a lot of piles. Nice set of linked words.
There does seem to be a multi year pattern out there among the folks you describe at hedge funds, etc...
Most SCT traders at intermediate are having 100K days occasionally in any quarter. We do keep lists of such traders as they report their progress. The more experienced SCT traders do better. ET is not where these guys operate primarily.
There are roughly three different groups of people in the financial industry who we look out for and keep our eyes peeled for.
1. bait and switch.
We sweep these kinds quarterly. first we contact the ad agency and find out who the rat is there. Then we go to the CEO of the profferer. Rarely do we contact the subcontracted (its always a subcontractor) lawyer. So far we have had a 100% cease rate.
The follow on is diverse. To cut to the chase; my speaking fees are 3 times Jake Bernsteins @ the same agency. (low 5 digits) We have NOT accepted the terms of any proffered contracts to enable their "bait".
2. Platform and/or data providers. Neither of these categories can understand what we do. So what happens is their clients request platform or data assistance to be able to accomodate our methods. This doesn't happen.
After more than two requests usually the account rep calls someone or emails or pm's to make contact with us. It is a WTF conversation. The rep doesn't want the client on his case and he isn't going to get anything done for the client.
We have handled two cases so far. (We are burning them to learn). One is 15 months in duration and the other is about 7 months. Both are beta now. And I may shift over three machines here to handle one of them as a check out.
My trading accounts are never in my name and I trade only for the purposes of the account and I maintain an amateur status by compliance with paperwork periodically at the initiative of those who run the accounts collectively and individually. I have a history of investigations and citations that had to be withdrawn.
We have three tiers of people. The usual.
3. Big money. Connections began in 1964. 10 digit money is as high as it has gotten.
We do reverse site visits only, meaning we go there and they do not "see" anything. We go live only on wifi connections and NOT through their anythings. They shit and we do not entertain any paper work. All of our IP and TS has been made tangible and it is widely distributed (not all in the same place) and legally wrapped up with super ribbons. We only currier by air with known curriers (Identifiable face to face).
Summary
We have determined our window after exposure. We have financial guarantees for our priority service projects at 100% of ongoing costs. We know no one can rep us using the usual drill down techniques (their pros are only fast and complex)
um.. isn't it illegal to have trading accounts not in your name?