Ultimate Trading Contest: Mark Brown vs Jack Hershey/spydertrader

Q

quantsteve

Quote from MarkBrown:

if anyone reads jack hersheys thread below and doesn't think this man is completely NUTS! then you are nuts!

http://www.elitetrader.com/vb/showthread.php?s=&threadid=113044

this man is off his rocker and i am amazed at how people will try and please him like little puppy dogs - its mind blowing that et would put up with this unless he was paying or being paid to post. no one would ever allow this if they were sane.

mb

i would like to settle this matter so here is what i am going to do.

have jack tell me how much and where he wants an account and i will fund both his account and mine with the same amount of money and at the same brokerage. i don't care what we trade.

when he decides what it is he wants to trade i will build a model and disclose the system in advance right and place the trades as best i can to the system signals.

after what length of time he wishes not to exceed one year the looooooooser will admit he is a looser and have his picture taken with the winner so it can be posted all over the internet.

so let me know when what and how much and we will get started.

Mark Brown
More...
 
Quote from MarkBrown:

have jack tell me how much and where he wants an account and i will fund both his account and mine with the same amount of money and at the same brokerage. i don't care what we trade.

when he decides what it is he wants to trade i will build a model and disclose the system in advance right and place the trades as best i can to the system signals.

after what length of time he wishes not to exceed one year the looooooooser will admit he is a looser and have his picture taken with the winner so it can be posted all over the internet.

so let me know when what and how much and we will get started.

mb
More...

This is a great opportunity for Jack Hershey and Spydertrader to prove the power of their trading methods, while everyone here at ET can see each trade in real time!

They have nothing to lose because Mark Brown will fund their account...what a great Trading Contest this will be!
 
Quote from spinoza:

This is a great opportunity for Jack Hershey and Spydertrader to prove the power of their trading methods, while everyone here at ET can see each trade in real time!

They have nothing to lose because Mark Brown will fund their account...what a great Trading Contest this will be!
More...


My guess is that JH and Spyder are paid posters and are never gonna sign up for that contest
 
Ha ha ha!

SCT is all about creating the impression that you can trade well (the hindsight charts look good, don't they?). Once you do that, you have all kinds of naive people willing to let you trade their money. Risk free trading capital -- what a racket.
 
there is some basis to what Jack and Spyder espouse...

trendlines, channels...support resistance, all very important...

I did a eight hour vid based on the above..with todays session, everytime I went against the intent of the price, significat drawdowns would ensue and would persist for a longer time then usual..

its been 4hrs since the files started being merged..probably another 2-3 before the camtasia file is done, if jack/spyder wants to use the file they can..
 
Wow. A funded account to trade with. I can not come up with an excuse why someone would not do it, so I can't wait to see what the excuse is. It will probably be something as simple as, "I don't want to". "I don't have to prove anything to anybody" is the old reliable standby too.
 
Personally I would not engage in such a contest, even if it were someone else's money.

The waste of my time (out of my trading income) would not come close to justifying the benefit of proving how big my dick is. :D
 
Quote from Joab:

Personally I would not engage in such a contest, even if it were someone else's money.

The waste of my time (out of my trading income) would not come close to justifying the benefit of proving how big my dick is. :D
More...
If either jack or spyder were making the kind of money that SCT is claimed to produce, they would be well known, at many places other than ET.
 
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