What is "Jack Hershey's Method"?

Quote from Thunderdog:

No, it is not. It is not merely a question of profitability. It is a question of the absurd profitability claims made by Jack. I don't care if you trade profitably. So what? You seem to be overwhelmed by simple profitability. However, I do care if you can make 3 times the daily range, and average 4-7% per day. And if you claim it, then I want to see it. And if you won't show it, then don't claim it.

CAN YOU SEE THE DIFFERENCE?

Haha wow that is the claim? 4-7% per day? Every day? Woah, soon Jack's fledglings will have 100% of the world's currency. Amazing job.
End of sarcasm.
 
Quote from ozzietrader:

Haha wow that is the claim? 4-7% per day? Every day? Woah, soon Jack's fledglings will have 100% of the world's currency. Amazing job.
End of sarcasm.
No, No.
The claim now is almost 10 times that PER DAY.
See Jack's own post!
 
Quote from Thunderdog:

You will note that this thread, too, has been moved to Chit Chat. ..
where else could it be? But I must admit it keeps the day interesting, otherwise it is just another day of my chart matching spyder chart, ho humm...:cool:
 
As of now, I have no reason not to believe its possible. Everything that I have worked up to has all played out exactly as advertised. So I guess the best answer I can give you is that I'll let you know at some point in the future :D


Quote from Thunderdog:

Fair enough. And I have no doubt that you will do well. But let me ask you this at your present stage of development. At the completion of your training, do you expect that you will always be in the market, alternating between long and short? And do you anticipate that you will be able to do so day in and day out without a single loss in any given trade?
 
Quote from thenewguy:

Why would I want to do that?

The detractors here have proven a few things to me already:

1. They believe the system doesn't work, and are not open to considering that it does.

2. They are too lazy to look things up for themselves.

3. They want someone to "prove" something to them that we all took the time to learn and figure out for ourselves.

TNG
These JH threads are really making me laugh a lot nowadays. I'm laughing just thinking about how much I was laughing.

Jack's posts are a hoot too. I know that he knows what he is talking about but I don't and typically I start to fall asleep about the second paragraph but it is so funny seeing those posts that stir people up so much year in and year out.

Seeing all these wing nuts that don't know the difference between the PVT and the SCT and mixing up the claims and what not, and getting so adamant about their opposition to Jack... priceless, they are a real source of amusment here. And Jack always just tells them "ok you have to start at the beginning, figure out what the market might have to offer, figure out how to extract that much out of the markets..... " :D
 
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