why this board isn't healthy if you trade for a living
- Thread starter akdrmeb
- Start date
Here little rabid doggies!!!! Jump ratshit, vienna and suma66!!!! Jump through this hoop!!! Take this bait!!!
Be loyal to your master, Jack!!! Here doggies!!!
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2449017>
Jack churns out kooky, unsupported claims like this:
I do reach my goal of 3x H-L in ES as a practice.
http://www.elitetrader.com/vb/showthread.php?s=&postid=912447&highlight=#post912447
But in reality he LOST 24% in a trading contest and unsuccessfully tried to obfuscate his way out of it on Usenet:
http://groups.google.com/group/misc...a927db8ba840?hl=en&lnk=st&q=hershey+loses+24#
He also tried to BS his way out of yet more of his sinking stock picks that lost $22,000:
http://groups.google.com/group/misc...d/thread/981513b3a003f259/2db2e88d1407af42?hl
In Oct 06 Jack told his former IBD Group that he would turn $10 thousand into $1 million in 100 days and post updates on ET. IT DIDN"T HAPPEN. http://www.mediafire.com/?1gi2qygm3yh
No surprise, because if you backtest his model of the price, volume relationship by buying the "0 to 7 turn" described in "Tomorrow's Paper Today" and sell 5 days later with 1000 stocks over 5 years you'll get an equity curve like this:
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2014607>
Which looks eerily like the equity curve you get when you test his "rocket" methodology:
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1112121>
Kind of what you'd expect from someone who thinks stochastics is a leading indicator:
http://www.elitetrader.com/vb/showthread.php?s=&postid=1302778&#post1302778
Of course Jack and his followers try to blame the failure of his "methods" on the backtester, so listen to Jack brag about this trade in his own words:
http://www.mediafire.com/?0ielxnmeiro
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2023032>
Jack claims ScottD is still working on Cashcow... even though ScottD's last post on ET was in March, 2009 and in it he said that Cashcow 1.2, which had been certified by Jack, was not consistently profitable. I've asked ScottD for an update here:
http://www.elitetrader.com/vb/showthread.php?s=&postid=2438060#post2438060
Here's another Jack Hershey success story:
Some unfortunate newbies who get sucked in by Jack's pied piper routine start out ingratiating and actually believe Jack is giving away the "keys to the kingdom." But this one eventually came to his own conclusion that Jack is "nuts":
http://www.elitetrader.com/vb/showthread.php?s=&postid=1940582#post1940582
How far down this path do you want to go?
Be loyal to your master, Jack!!! Here doggies!!!
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2449017>
Jack churns out kooky, unsupported claims like this:
I do reach my goal of 3x H-L in ES as a practice.
http://www.elitetrader.com/vb/showthread.php?s=&postid=912447&highlight=#post912447
But in reality he LOST 24% in a trading contest and unsuccessfully tried to obfuscate his way out of it on Usenet:
http://groups.google.com/group/misc...a927db8ba840?hl=en&lnk=st&q=hershey+loses+24#
He also tried to BS his way out of yet more of his sinking stock picks that lost $22,000:
http://groups.google.com/group/misc...d/thread/981513b3a003f259/2db2e88d1407af42?hl
In Oct 06 Jack told his former IBD Group that he would turn $10 thousand into $1 million in 100 days and post updates on ET. IT DIDN"T HAPPEN. http://www.mediafire.com/?1gi2qygm3yh
No surprise, because if you backtest his model of the price, volume relationship by buying the "0 to 7 turn" described in "Tomorrow's Paper Today" and sell 5 days later with 1000 stocks over 5 years you'll get an equity curve like this:
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2014607>
Which looks eerily like the equity curve you get when you test his "rocket" methodology:
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1112121>
Kind of what you'd expect from someone who thinks stochastics is a leading indicator:
http://www.elitetrader.com/vb/showthread.php?s=&postid=1302778&#post1302778
Of course Jack and his followers try to blame the failure of his "methods" on the backtester, so listen to Jack brag about this trade in his own words:
http://www.mediafire.com/?0ielxnmeiro
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2023032>
Jack claims ScottD is still working on Cashcow... even though ScottD's last post on ET was in March, 2009 and in it he said that Cashcow 1.2, which had been certified by Jack, was not consistently profitable. I've asked ScottD for an update here:
http://www.elitetrader.com/vb/showthread.php?s=&postid=2438060#post2438060
Here's another Jack Hershey success story:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=113310&perpage=6&pagenumber=2009
Some unfortunate newbies who get sucked in by Jack's pied piper routine start out ingratiating and actually believe Jack is giving away the "keys to the kingdom." But this one eventually came to his own conclusion that Jack is "nuts":
http://www.elitetrader.com/vb/showthread.php?s=&postid=1940582#post1940582
How far down this path do you want to go?
Poor suma66... I know it's hard for you to see the truth about your master, Jack. My advice to you is to play the Jack Hershey theme song repeatedly while looking to this image of Jack for the answers.
Then after that you can post more lies and gay porn in your desperate obsession to protect your delusions. Maybe Jack will even pat you on the head if you try hard enough
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2428031>
<object width="445" height="364"><param name="movie" value="http://www.youtube.com/v/JT2dufDmMR4&hl=en&fs=1&color1=0xe1600f&color2=0xfebd01&border=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/JT2dufDmMR4&hl=en&fs=1&color1=0xe1600f&color2=0xfebd01&border=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="445" height="364"></embed></object>
Then after that you can post more lies and gay porn in your desperate obsession to protect your delusions. Maybe Jack will even pat you on the head if you try hard enough
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2428031>
<object width="445" height="364"><param name="movie" value="http://www.youtube.com/v/JT2dufDmMR4&hl=en&fs=1&color1=0xe1600f&color2=0xfebd01&border=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/JT2dufDmMR4&hl=en&fs=1&color1=0xe1600f&color2=0xfebd01&border=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="445" height="364"></embed></object>
+1Quote from Trader666:
That's what they get if they're lucky
Poor guy ... he'll do anything to keep from facing the truth.Quote from Trader666:
Poor suma66... I know it's hard for you to see the truth about your master, Jack. My advice to you is to play the Jack Hershey theme song repeatedly while looking to this image of Jack for the answers.
Then after that you can post more lies and gay porn in your desperate obsession to protect your delusions. Maybe Jack will even pat you on the head if you try hard enough
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2428031>
<object width="445" height="364"><param name="movie" value="http://www.youtube.com/v/JT2dufDmMR4&hl=en&fs=1&color1=0xe1600f&color2=0xfebd01&border=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/JT2dufDmMR4&hl=en&fs=1&color1=0xe1600f&color2=0xfebd01&border=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="445" height="364"></embed></object>
These people are either Heavy Koolaid Users or they've taken some Serious Psychological Damage somewhere along the way. :eek:
Wow, Suma and Vienna, I cannot believe how badly we are CRUSHING these guys. Look at those madmen keep posting all their little tantrums!!! LoL
Unofrtunately, it's not a big accomplishment, Trader666 and his fools make it TOO EASY. Seems like ANYTHING gets under their skin
LoL!!!
Unofrtunately, it's not a big accomplishment, Trader666 and his fools make it TOO EASY. Seems like ANYTHING gets under their skin
LoL!!!
Vienna, you're even more of an idiot than I'd originally thought. After digging deeper into your posts I see that despite you claiming John Carter had violated "risk control guidelines," you had no legal recourse. Which means you got what you signed up for in your contract. So my apologies to John Carter if anything I wrote implied he shared responsibility because the fault was all yours, Vienna. You're a world class idiot.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1426710&#post1426710
http://www.elitetrader.com/vb/showthread.php?s=&postid=1426710&#post1426710