what's your Jack Hershey trading system win/loss ratio ?

[bwolinsky]

Quote from SnakeEYE:

Is there such script for Ninja Trader?

I think they did try Ninja Trader from Tradestation, but the program won't work without the right datafeed, and, at fidelity, the only one that has the corrected feed is for .SPX, which is not es or s&p mini's data. You will not have success with that script unless you're in Wealth Lab. It is the only platform that will show profits in excess of 10,000%. I've emphasized this point too many times that it's painful. Anybody from Fidelity can load it into .SPX 5 minute bars and have a great system, but only at Fidelity can you do this as there is not a commercially available substitute for S&P index futures. It is not designed to work on ES: do not use on ES. The program only works on Fidelity's datafeed in Wealth Lab Pro. Do not waste your time copying this program from Scottd's thread where a working tradestation program once existed. They were not profitable forward testing, and I was the only one it seemed with access to the platform.

I've seen this program turn $10k to $100k in less than 8 weeks.

 

[SnakeEYE]

Quote from bwolinsky:

I think they did try Ninja Trader from Tradestation, but the program won't work without the right datafeed, and, at fidelity, the only one that has the corrected feed is for .SPX, which is not es or s&p mini's data. You will not have success with that script unless you're in Wealth Lab. It is the only platform that will show profits in excess of 10,000%. I've emphasized this point too many times that it's painful. Anybody from Fidelity can load it into .SPX 5 minute bars and have a great system, but only at Fidelity can you do this as there is not a commercially available substitute for S&P index futures. It is not designed to work on ES: do not use on ES. The program only works on Fidelity's datafeed in Wealth Lab Pro. Do not waste your time copying this program from Scottd's thread where a working tradestation program once existed. They were not profitable forward testing, and I was the only one it seemed with access to the platform.

I've seen this program turn $10k to $100k in less than 8 weeks.

you can use stochastic,macd or roc,or whatever..

any system would work until the point where major sell-offs or homeruns occur.then you`d give it everything back.

i personaly tried it with stoch.,double stoch.,roc...etc, and everything was fine until huge spike or sell-off where you always give back what you`ve made.

another words,it`s all bullshit according to the universe ethics.

i consider myself switching to higher time frame.enough this bull crap..

 

[Colyn.Rosenthal]

Quote from xiaodre:

What on earth type of instrument gives you slippage after 3 contracts? Are you trading onion futures in Mongolia or something?

I already responded with an explaination to that question. Let me know if you couldn't understand it and I will re-explain it.

 

[xiaodre]

Yeah, sorry.

I read that and I was shocked. My question was a reaction to that shock. I read further on, and discovered that other people were shocked as well!

I might adopt a policy of deleting old posts like Jack Hershey does.

 

[bond_trad3r]

If Jack Hershey's system is soo good, how come he's not wealthy man?

 

[SnakeEYE]

Quote from bond_trad3r:

If Jack Hershey's system is soo good, how come he's not wealthy man?

how do you know whether he`s wealthy or not??

 

[Rodney King]

Quote from bwolinsky:

profits in excess of 10,000%.

These are actual trading profits, or Collective2 "profits", or C2 "profits", or what?

 

[JoshDance]

Quote from Colyn.Rosenthal:

I know that posting SCT trades in real time would be borderline ridiculous considering the time frame that most of the SCT traders use. By the time they would post an entry the exit would have already passed.

This excuse does not hold water. I created a simple program that reads line from my platform's log file and instantaneously posts the trade to twitter, so from fill to notification it's about 3-5 seconds. Only in the sub-5-second trade realm does the above hold.

 

[bwolinsky]

Quote from Rodney King:

These are actual trading profits, or Collective2 "profits", or C2 "profits", or what?

That was what his backtests showed in Wealth Lab Pro 6.5.

The performance results are out there if you search for them in the forums. I think I even posted a trades list at the end of 2009.

 

[bwolinsky]

Quote from SnakeEYE:

how do you know whether he`s wealthy or not??

We have people that have posted background checks indicating tax liens, and it's very passe to note that his strategies might work, they might not, but I think if you do follow it closely you'll see one way or the other.