Jack, there's a challenge for you over at chit chat..... lets see if you take it up....
Why the controversy? Jack Hershey SCT system works just fine.
- Thread starter Learning_SCT
- Start date
According to C2 , profit after commissions is $ 855
How can that be when you make 263 trades * $5 typical commission = 1315 ?!
Thank you for your sincere, professional, unbiased analysis Pekelo. I have a feeling it is going to be around for a long-time.Quote from Pekelo:
That is probably $1264 more than what you made.
But anyway, according to the vendor, the system was rescaled, thus the statistical discrepancy. According to C2, it still wins 2 out of 3 times with a higher than 5 Sharpe.....
It might not be a very good system, but so far it has been profitable. That's what you guys wanted from Jack, right?
And btw, for the mathematically impaired that comes out to approximately $4.81 per trade (not factoring in commissions).
And as far as what we want is concerned, it isn't a marginally profitable system such as what has been described here ... it is for him to stop talking shit and making outrageous statements of extreme profitability, none of which (obviously) has been substantiated in the real world.
Nah, you get the automatic win on that one ... Jack/Grob has displayed the same patern for years ... I told overbydare what his story really is.
Wow, you guys are so desperate to believe that your denial is stunning... 263 trades in 7 1/2 weeks have made a whopping $1264 BEFORE COMMISSIONS and that's supposed to back up Hershey's delusions of grandeur? What about pool extraction? Or did Jack mean cesspool extraction? I wouldn't drive after drinking all that koolaid if I were you.
Hey Jack, why did you have to talk to the people in your Tucson IBD group like this? Shouldn't they have been begging you for pearls of wisdom given that they're local and knew of your reputation, lifestyle, etc.? Or have you been telling us tall tales? 
http://www.mediafire.com/?jtnan3hzogt
http://www.mediafire.com/?dmgn3jjnnjl
And what happened to your scheme to turn $10 thousand into $1 million in 100 days that you promised them you'd do?
http://www.mediafire.com/?1gi2qygm3yh
http://www.mediafire.com/?jtnan3hzogt
http://www.mediafire.com/?dmgn3jjnnjl
And what happened to your scheme to turn $10 thousand into $1 million in 100 days that you promised them you'd do?
http://www.mediafire.com/?1gi2qygm3yh
yes jack is hard to understand
yes SCT is like a cult and most of the sct'ers here are acting like cultists
yes there a lot of nebulous concepts
yes you need to carry a umbrella during your ''journey'' because its raining bullshit
yes there is no solid proof of anything provided by anyone
yes it appears there is more failing than winning
but what i worked on and created following the very basic stuff i read on the numerous JH threads, works good.
thats all i need.
yes SCT is like a cult and most of the sct'ers here are acting like cultists
yes there a lot of nebulous concepts
yes you need to carry a umbrella during your ''journey'' because its raining bullshit
yes there is no solid proof of anything provided by anyone
yes it appears there is more failing than winning
but what i worked on and created following the very basic stuff i read on the numerous JH threads, works good.
thats all i need.
... and that's all I need.