The Jack Hershey Public Record Thread

I know someone making about $11/hr working part-time...

Full medical/dental benefits, partial academic scholarship college student, job picking up the rest of the college costs, single mother along with running her own successful business on the side about 25k per year...living in a very nice apartment in an upscale neighborhood.

Yeah, I think she has a job and gainfully employed...very busy too.

Come on guys, stopped bickering about how much someone makes per hour. In some European countries where most are out of work, most folks would be happy with any kind'uv job. :D
 
straitjacket-mental-case-and-mobile-phone.jpg
 
Quote from wilddog:

Sure there is a sym, why would you think not. Bar closes near mid range next bar opens and does not go near high/low of previous bar.
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What's the definition of gap or degap?

Is the OPEN of present bar higher than the HIGH of previous bar or lower than the LOW of previous bar?So it's a gap?

In JACK's defination,when the OPEN of present bar is not equal to the CLOSE of previous bar,YOU SHOULD move the previous bar to degap.If you do that ,there is always a change of shape over these bars.
AS you see my pic,it's lateral before degapped and a long tape after degapped.How should I consider the change of shape after degapped?
 
Quote from jack hershey:

Here is your pic.


In the future, the delivery of cogent information parcels WILL NOT BE BASED UPON BUNDLES THAT ARE GROUPED BY TIME PERIODS.

And the SAME bands will apply.


Is this an indication that Jack has come to terms with ProfLogic
or that volume breakdown studies are now on the table?

Just a question.
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Quote from Stevecs314:

Quote from jack hershey:

Here is your pic.


In the future, the delivery of cogent information parcels WILL NOT BE BASED UPON BUNDLES THAT ARE GROUPED BY TIME PERIODS.

And the SAME bands will apply.


Is this an indication that Jack has come to terms with ProfLogic
or that volume breakdown studies are now on the table?

Just a question.
More...

My post stands.

the snipping you did was to focus on your question. I do not know what the person you mention does.

FYI:

In the future mens 5 years from now.

I do not know anyone else using volume bands at present.

elsewhere there is a new thread on volume's usage. The reason they are having problems is not going to be easy for them to resolve since they are improper;y relating volume to other facets. what they are doing is a common practice and those types of efforts are unrewarding.

Take their effort on the "double top". Two possible pics were posted. both work but at different times in trends.

To use volume to take the full offer of the market, the volume has to be considred in its precise context AND permission has to be granted to make the measurement. All volume possibilities are uniquely defined by the correct mathematics of the market.

If and when in the future, market displays are properly redone as an iterative refinement, then and only then will the V, P relationship become more broadly understood.
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A while back a real money trade was made by someone using Jack's methods and it was profitable. However, if you then just look at the chart, and apply some TA rules, you could have made the exact same money.

So my suggestion is if you want to use his method, use a real time chart, annotate it. See where using the process would make you profitable, and try to replicate it yourself.

I think Jack says being always in the market is only for advanced traders anyway.

I could see in a range bound market if you had balls of steel, you could in fact stay always in and reverse to take profits on the swing levels. When the market is moving sideways and/or randomly and you don't have a clear setup, its better to stay out.

Quote from Pekelo:

I was particularly interested in making a public record going from mid 5 digits to low 8 digits in 2 quarters.

Is this too late to join the show? I brought my own supplement:

popcorn-coca-cola.jpg


P.S.: I don't read Jack's posts on principle, actually I have him on Ignore, so if someone kindly could interpret what he is saying in a TL,DR: fashion, it would be greatly appreciated...
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Quote from oraclewizard77:

A while back a real money trade was made by someone using Jack's methods and it was profitable. However, if you then just look at the chart, and apply some TA rules, you could have made the exact same money.

So my suggestion is if you want to use his method, use a real time chart, annotate it. See where using the process would make you profitable, and try to replicate it yourself.

I think Jack says being always in the market is only for advanced traders anyway.

I could see in a range bound market if you had balls of steel, you could in fact stay always in and reverse to take profits on the swing levels. When the market is moving sideways and/or randomly and you don't have a clear setup, its better to stay out.
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In a recent post elsewhere (today or yesterday) I commented on how to grow the mind to be able to always handle the forward movement of the market under all conditions.

I partner with the market as a parasite and have a defined total set of elements which are defined precisely in mathematical terms.

Over time I posted charts that contain each of the 56 elements and they are ID'ed in color, by name and/or mathematically. Since my mind is fully differentiated, it is true that I deal with my trading partnership as anyone would deal with partnering with a car to drive it. the driver is continually aware of what is going on and he continually drives safely and defensively.

Replicating what I do is done with a series of drills and then posting your results so that they can be improved by me in an itieratively refinement sort of way.

Annotating yields bands for the independent variable. End effects are defined by the regions inwhich the independent variable settles. Often a region is reached beore the end of a bar and, therefore, turns may be carved.

Expert trading is not a competition; all it is is a "taking". The offer is there and it is simply "taken".

As is being seen, it is difficult for me to have a record here, since my orientation is probailistic whereby I operate in a region of "certainty". Obviously my record has to be deltede since it interrupts the beginner level of conversation of ET and its moderation limitations.

Why would a moderator delete a characterization of my contribution as "a steaming pile of shit" coming from an ignorant person?


Building the mind doing drills is a tough decision to make.
 
Quote from stock777:

http://azizonomics.com/2012/10/20/incomprehensible-bullshit/
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good article..this sums it up

"Well-written work — whether in plain language or mathematics — requires comprehensible explanations and definitions, so that a non-specialist with a moderate interest in the subject can quickly and easily grasp the gist of the concepts, the theory, the reasoning, and the predictions. Researchers can use as complex methods as they like — but if they cannot explain them clearly in plain language then there is a transparency problem. Without transparency, academia — whether cultural studies, or mathematics, or economics — has sometimes produced self-serving ambiguous sludge. Bad models and theories produce bad predictions that can inform bad policy and bad investment decisions. It is so crucial that ideas are expressed in a comprehensible way, and that theories and the thought-process behind them are not hidden behind opaque or poorly-defined words or mathematics."

All that, of course, makes the assumption that you WANT your reader to understand what you are writing and it seems clear to me that our Mr Hershey really doesn't chose to be understood.

:cool:
 
Just to let you know Jack, I never delete your stuff. I only delete the negative posts that psycho keeps posting with the picture of doll. If some other moderator moved your threads or deleted them, then I think they should no longer be allowed to moderate ET.

Quote from jack hershey:

In a recent post elsewhere (today or yesterday) I commented on how to grow the mind to be able to always handle the forward movement of the market under all conditions.

I partner with the market as a parasite and have a defined total set of elements which are defined precisely in mathematical terms.

Over time I posted charts that contain each of the 56 elements and they are ID'ed in color, by name and/or mathematically. Since my mind is fully differentiated, it is true that I deal with my trading partnership as anyone would deal with partnering with a car to drive it. the driver is continually aware of what is going on and he continually drives safely and defensively.

Replicating what I do is done with a series of drills and then posting your results so that they can be improved by me in an itieratively refinement sort of way.

Annotating yields bands for the independent variable. End effects are defined by the regions inwhich the independent variable settles. Often a region is reached beore the end of a bar and, therefore, turns may be carved.

Expert trading is not a competition; all it is is a "taking". The offer is there and it is simply "taken".

As is being seen, it is difficult for me to have a record here, since my orientation is probailistic whereby I operate in a region of "certainty". Obviously my record has to be deltede since it interrupts the beginner level of conversation of ET and its moderation limitations.

Why would a moderator delete a characterization of my contribution as "a steaming pile of shit" coming from an ignorant person?


Building the mind doing drills is a tough decision to make.
More...
 
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