Yet another Jack Hershey Trading Method

Spyder,

It is year four for me with Hershey. His methods have transformed my trading entirely.

The Camtasia of 8/24/06 is a very important video. It shows the YM leading the ES very clearly, as well as many other things.

Thank You for having the fortitude to do this for the third year, you are by far a more patient man than I am. I look forward to seeing the progress of the Hershey methodology in futures.

Best Regards
Oddi


Where is this video??
 
http://www.elitetrader.com/vb/showthread.php?t=75715&page=6

In particular, you can check out the Christopher Lott segmented (26 files approximately) glossary that first appeared in the days of misc.invest. technical and so on. At this location I was the contributor on the modernization of the MACD. and modernizing most indicator designer defaults. Pring et al picked these MACD settings up aproximately four years after it was posted with Chris et al on that part of the web in those years.

Where are those Chritopher Lott files?
 
I have published 31 books

The last ones sold 400,000 copies in four months

My professional skills are in other areas than finance
I just trade o be able to give money away to problem solvers



Agassi said:
Thanks for your input.

Why do I ask you questions?

Answer should be obvious Jack. You are GURU.

I googled FTT and came out with another thread here:

http://www.elitetrader.com/vb/showthread.php?t=83604&pp=6

So let me do some reading. You may feel free to post and I will read. I still don't understand FTT, RTT etc. But I really like the idea of geometry, parallelogram etc. Have you ever thought of publishing a book or some thing? You certainly have some innovative new ideas though.
More...
 
NB

For those folowing the example of this thread, we have one who works



we have one who cannot understand


One perons works; the other person does not.


In neurobiology, the science of the mind, it is well understood that WORK is how the mind is built.


just reading stuff is utter bullshit

To become an invincable expert and just laugh at those who do no work is an easy PROCESS.

I suggested to the OP to post fifty days of work.

In ten fucking years he has not done one day of work.


for those who bet and predict, you can bet that he is NOT going to do his first day of work ever.

work begins by getting a big eraser, a dull pencil and a clean sheet of paper.

you draw a bar in the way in forms using the paper in a portrait orientation. Use the whole page.

you see up to three unilateral parts of the bar

the bar did not go up or down

You have begun to, neurologically, build your mind.

count out 49 more sheets of paper

draw all the ways bars can form

sort the 50 pages into piles that are smilar.

count the piles.

now your mind hasn an inference built.

Every bar yu see for the rest of your life, you can ID IF you assigned a name to each kind of bar.

In the future you will always UNCOSCIOUSLY by your mind's work BETOLD THE NAME OF THE KIND OF THE BAR.

the lazyslovenly op of this thread willl NEVER do this kind of work to build his mind. He is a dumb f**K and he now knows it.

I will tell him this 50 times, he will read it just as lucrum does.

BUT heither of them will know their status because they do no work.

At a young age F**Kups go to school every day. The teacher knows she has to MAKE them grow up socially. She MAKES then write on the black board 50 times the crime they committed stated in a negative way that the mind does not process.

the teacher is ignoreant of how the brain works regarding negatives.

read two sentences to observe how the brain works. you will not learn how the brain works unless you write the sentences 50 times.

1. Dont fall down on the ice.

2. walk carefully across the ice.

See your mind only processes the positive.

Don't is left out by your mind.

So I write a pic of EVERY 30 min bar in my log. F**king amazing, right???


this guy is working all the time

On friday WE extracted 42,25 points per contract.

the OP feels I am being subjective.

He is explaining to everyone he does not know about sujectivity at all. Dumb F**K.
 
So every bar can have one, two or three parts.

I tab which parts are missing, assuming three part bars are "normal" as a trend develops.

A unilateral bar is missing parts 1 and 3.

On five to 20 years anll sophisticated charts will have unilateral bars and the system of operation of the market will be much easier to code as an ATS. So I didn't wait for this BUT there is no point in explaining what it will be like in 5 to ten years. Maybe I will post some old charts from the period when this was completed.

Perhaps the mind building that is acomplished first with the 50 bar drawing drill can be used for creating a principle. Triples will be important.

what comes first was learning that the mind is built by repetition


If this sinks in, then a potential trader can begin to learn


I am well known for hijacking threads. How does the reader figure this out??

By looking at the repetition of the names of the posters. The critic learns by repetition.

Why do hedge funds keep doing the same thing over and over to make 20% a year. It is because they like their life style and how they make money. It does not occur to hedge funds to change anything.

Experts know this and take all they want from markets by using science instead.

I use the Scientific Method.

Lets begin to look at a single bar scientificall. Oh we alrady did that and we had a p < 0.05. we conclude that there are six types of bars in two classes of three. The classes are long and short. the types are one piece, two piece and three piece.

reading this doesnot build the mind

doing the work builds the mind.

We draw scientific conclusions once after getting the p to be statisitcally significant
 
NB means Nota Bene. It is a chinese expression brought to Italy by Marco Pole who also brought venerial deisease to Europe from the East.

the English translation of the Chinese is NOTE WELL.

A synonym for note well is: "this is important"
 
Lets take bars apart for a minute (This means fifty drawing's worth)

we deal with size in the first drawing.

Drak all the smallest bars on separate pages. put thme in piles.

you have four piles

Half are doji's and half are unilateral.

They came from different parts of the world.

the steps came from the hymnalaya's where mountains were climbed for one reason only: "The mountain is there"

Japan provided the doji and part of when to buy rice: It doesn't matter" was the far reaching doji conclusion.

We use dojis to WAIT and we use non doji 's to MAKE Money


S o from now on we wait or we make money

There is no negative as you already learned

So we will do all trading as Wait or STEP in the direction of sentiment.
 
we have 48 sheets left


we did the one tick bars.

Let us deal with more complexity of two tick bars.

Several sheets will be ripped through and we will bring the eraser into play

how many chose the mechanical pencil over the pencil and sharpener??

One is expendable the other is refilled.

two tik bars.

Draw all the variations and make piles of clases and then make piles of types in a class.

If you work correctly, you find the clases are opposites and the types in a class are equal in number.

This is the SCIENTIFIC METHOD at work.

Scorscese made the Movie about people who focussed on only making money and got a lot of sleep and only ate quality food in balanced diet and did full exercise.

as ou see by now sister Monessori figured out how to train the mind.

She did not consider thesystem of operation of the markets thoroughly.

By now you know none of you have and you all still have minds filled witth wrong beliefs.

scorscese knw how to make a movie. He left the trading part out. So does wall street corporations.

where did 50 come from ?

It came from a cook book called fifty shades of chicken. I do the popping the cherry recipe with slices of orange added. I like cock au vin recipe too; I add a little powdered viagra as well. I have heard that another bbook is called fifty shades of grey. It was written as scorscese writes movies.

did you find two classes and types within the classes?
 
You must log in or register to reply here.
Back
Top