Why the controversy? Jack Hershey SCT system works just fine.

Quote from sevenfirs:

Check it out here

http://www.elitetrader.com/vb/showthread.php?s=&threadid=128438&perpage=6&pagenumber=6
:p
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LOL, you're questioning spydertraders 40 contract trade where he caught the high and low of the move?

Hey, if he said he did it, he did it.

If those trading results are questioned by any of the readers here who bring them to the attention of the SEC and they are found to not be true, I'm sure it would shut the Jack Hershey Starship Trading Bootcamp down for good here at Elite Trader.

I don't think they would take such an irresponsible action on these threads. :eek:
 
Quote from overbydare:

Jiminy Cricket doing "loose tie"-chi, while Jack smokes a dube and tries to figure out what bus hes supposed to take to the doctor, while Spyder organizes all SCT volunteers (boot camp graduates only please) to go over to Jack's carboard box to "tidy up the place"
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Oh shit.

LMAO ... if were them I'd seriously be trying to prove us wrong, because all of the empirical evidence says you are correct.
 
Quote from bestfriend:

This seems a very popular thread. It's almost like a running ad.

How much $ are people making with this? Anybody care to offer their P&L? or tell me if it's been posted elsewhere?
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Affirmative yes,
 
Quote from Neoxx:

Part 5...
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<a href="http://tinypic.com" target="_blank"><img src="http://i37.tinypic.com/w0has.png" border="0" alt="Image and video hosting by TinyPic" width=800></a>

Do I have your permission to download this chart so I can mount it on the dashboard of my '78 AMC Pacer??

That is way too cool.

Thanks in advance.
 
A very concise summary of SCT from someone whose rants remind me of Jack's posts.
http://www.youtube.com/watch?v=XREnvJRkif0
Quote from overbydare:

Ok first off Jack, I'm sending you a bill for the cleaning of my pants which I've pissed in laughing at you so hard.

An "OMG Combo"? can you get that at Wendy's??? Seriously Jack, you need help.

"The OODA people do"? ..Now Willy Wonka is using SCT.

And finally my favorite of all time Jack quotes:
"Even Jiminy Cricket has his old fashioned neck tie off or loose"

That just fucking kills Jack. It really does. I have to say that back in the Sixties I used to hear stories of people who said shit like that while tripping on LSD.


Anyone who puts you on ignore is missing the "Greatest show on Earth" and it's all free!

Due to Spyder's lack of participation in this unravelling of your mental state, I can only imagine him sitting and cringing with his worn out sneakers on the lower west side of somewhere, moving his cardboard box away from yours.

Goood luck and thanks for the laughs.
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Quote from sevenfirs:

With respect if you haven't noticed by now what do you think Spyder has been doing all these years?:confused:
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I think Spyder has a system on C2. Let me see if I can find it....

OK, it is mildly profitable, Sharpe is 5.6 and winning ratio is 66%... Not bad. There are better systems there than that, but for proof it should be enough, that at least someone can make Jack's system work...
 
Oh please... after 7 1/2 weeks and 263 trades it's made a whopping $1264 BEFORE COMMISSIONS. What a ringing endorsement. ROTFLMAO!!!
http://www.collective2.com/cgi-perl...863&session=138827226218746148631782013364241

Click on the "see all" link in the system developer section where it says:

Vendor has created 3 other systems. (See all)

And you'll see 3 more great systems -- NOT!

P.S. The system's called spyder and it claims to use "Jack Hershey's method" but the developer calls itself Pedro Pannon. Probably an alias for deniability when it blows up like the other systems.

Quote from Pekelo:

I think Spyder has a system on C2. Let me see if I can find it....

OK, it is mildly profitable, Sharpe is 5.6 and winning ratio is 66%... Not bad. There are better systems there than that, but for proof it should be enough, that at least someone can make Jack's system work...
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DO YOU SEE ALL THE PRETTY COLORS ON THE CHART PRIVATE?

Sir, yes sir!

DO YOU KNOW WHAT THOSE COLORS MEAN PRIVATE?

Sir, those are the gaussians sir!

BULLSHIT PRIVATE!, YOU WILL DROP AND GIVE ME TWENTY!

AND THAT GOES THE SAME FOR THE REST OF YOU MAGGOTS!

WHEN YOU LEAVE MY BOOT CAMP YOU WILL BE REAL LEAN MEAN SCT TRADERS!

http://www.youtube.com/watch?v=t8Nf1MK7lts
 
Quote from Trader666:

Oh please... after 7 1/2 weeks and 263 trades it's made a whopping $1264 BEFORE COMMISSIONS.
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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?
 
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