What happened to Jack Hershey's stochastics

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Quote from dtan1e:

i used to think jack is a nutcase, still do, what the heck, lets make jack the new deity!
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His ponytail has become a holy relic among Jackobites
 
Quote from deity:

Who is Jack Hershey? Is he connected to the Hershey chocolate empire?
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Go look at his profile page. He has MSTW degree, which is Master of Science in Trading Wankery.
 
Quote from mangod:

He was one of the staunchest supporters of the stochastic yet it is not a part of SCT

http://www.elitetrader.com/vb/showthread.php?s=&threadid=14129&highlight=sct

This is typical of the wandering trader searching for the holy grail and constantly changing methods, indicators etc as each fails

SCT is just another incarnation of a losing mindset that cant find success because the focus is all on the "magical method" at the expense of the true keys to profitability.. money management, price action & trading psychology
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If a holy grail exists in trading then those 3 are the holy trinity
 
So has Jack just swept stochastics under the rug?

Why cant he ever stand by anything he says?

He wont even back up his claims with a track record

How do so many get suckered by him?
 
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