Trend Following dying?

[jack hershey]

Quote from ProfLogic:

"Long Only" isn't a trend following strategy, it is a simply an undefined directional prejudice/bias.

"Trend Following" should be to determine the trend by strict definition and then trade the oscillations that occur inside that trend that match the trend direction. That would make too much sense though and wouldn't sell books or movies.

Here is where we are.

We need to get a new moderator for trading.

Then that person has to got through a bunch of threads and dump the OCD garbage and then put back in play some of the classic trading threads of the past.

It is time that a lot of potential high quality traders be helped past the land mines represented by mediocracy.

I know there are somes killed people who could participate in bring ing forth some very high quality principles that can be tested to show how making money works.

Enough of this crappy financial industry standard level trading being the norm to shoot for.

Today traders need immunity from the economic climate. The opportunity in the years ahead will be unmatched in history because of the severity of conditions.

Instead of just letting value dissolve, there should be a major extracting process underway to shift capital into the hands of those who represent the future potential of the quality of life.

 

[Trader666]

Great idea Jack. What the world needs is another Hershey Universe News
http://hersheyuniverse.blogspot.com/

Look on the bright side... with ET as it is now, at least you have the mods, OCDs, detractors and the B team to blame.

Quote from jack hershey:

Here is where we are.

We need to get a new moderator for trading.

Then that person has to got through a bunch of threads and dump the OCD garbage and then put back in play some of the classic trading threads of the past.

It is time that a lot of potential high quality traders be helped past the land mines represented by mediocracy.

I know there are somes killed people who could participate in bring ing forth some very high quality principles that can be tested to show how making money works.

Enough of this crappy financial industry standard level trading being the norm to shoot for.

Today traders need immunity from the economic climate. The opportunity in the years ahead will be unmatched in history because of the severity of conditions.

Instead of just letting value dissolve, there should be a major extracting process underway to shift capital into the hands of those who represent the future potential of the quality of life.

 

[greencapital]

Quote from YourMaster:

No Woodie actually made calls in realtime, entry and exits right on the spot unlike Jack.. most traders could never replicate his results because Woodie (and he would never admit this) was a natural intuitive trader.. he thought the CCI was a magical tool but the truth is he used it to interpret price action and he could never pass that ability on which only comes with years of experience

yeah, makes sense. All i could remember was he taught not to use numbers when trading, all you needed was the CCI line and numbers would just get you confused. He had quite the following at one time, is he still operating?

 

[ProfLogic]

Quote from greencapital:

Whoa, I always thought woodie and JH were the same person.
Is Woodie still around?
looks like the #1 ex elite trader is Long YM here, Long SIRI this morning.

We now know who you are . . .
No one self promotes like you do.
Pretty narcissistic calling yourself "#1 elite trader".

 

[greencapital]

Quote from ProfLogic:

We now know who you are . . .
No one self promotes like you do.
Pretty narcissistic calling yourself "#1 elite trader".

Woodie's brother?

I didn't see any links from the PR shots of Woodie.

 

[greencapital]

Quote from YourMaster:

No idea, I pinched the photos off his website so maybe

Yeah, those photos been around since the mid 90's me thinks.

Wonder if he is related to proflogic?

 

[greencapital]

Quote from YourMaster:

Woodie would take Proflogic out the back and kick the shit out of him.. but then again so would a 12 year old schoolgirl trading on her iphone

yeah, atleast woodie would do what he does in real time, anytime.

 

[ProfLogic]

Quote from greencapital:

yeah, atleast woodie would do what he does in real time, anytime.

All do I is real time. One can't trade any other way consistently.

I traded with Woodie in Chicago 6 years ago at the Expo.
My results were better than his and he got pissed.
Same year Raschke asked me to leave her seminar for repeatedly asking questions she couldn't answer regarding her charts.

It's a shame you don't know as much as your think you know Davy boy.

 

[ProfLogic]

Quote from testme:

The only time Jack has ever gone on record he came DEAD LAST in a trading contest in 2002 without the heat of real money..

His number 1 protege Spydertrader and leading exponent of his method turned up at a traders expo so poorly dressed he had to be marched to the cloak room by the hostess and given a decent pair of shoes to the horrified embarrassment of all the other traders there..

After 50 years of failure in the markets Jack targeted an emotionally weak woman much younger than himself with father issues and now resides in her house and leeches money off her..

He is a disgusting con man, nothing more

What is is like to be so mentally unbalanced you find the need to stalk an elderly man?
Would you agree to an interview in "Psychology Today" magazine?

 

[ProfLogic]

Quote from testme:

Profloser is always bragging.. but he's the same as Jack, he exhibits none of the signs of success, he has no money, no pussy, no cars.. he's another jerk on the net

I have a lot to brag about.

Another loser for the ignore pile.
Seeya Jimmy.