Be brave, be bold.. and

Discussion in 'Professional Trading' started by bigbadbaz, Jul 21, 2007.

  1. never ever ever ever listen to a guru


    http://www.tradersnarrative.com/index.php?tag=jack_hershey


    They push systems over money management.. it's very seductive.. it's also unprofitable..

    Don't fall for it.. every profitable trader in the world knows MM and psychology is 90% of trading.. thats why 90% lose

    Jack Hershey's SCT, Woodies CCI.. they all pander to the 90%.. they cannot make you profitable
     
  2. opm8

    opm8

    That blog post is practically begging Jack Hershey to reveal his strategy. Hardly the 'anti-guru' sentiment you're making it out to be.

    opm8
     
  3. I hope you interpret price action better than people :p
     
  4. opm8

    opm8

    I never said I disagreed with you regarding gurus. They're charlatans, pure and simple. However, I stand behind what I wrote.

    opm8
     
  5. Jack Hershey did return -24% in trading contest in 2002 :)

     
  6. Ahhh yes.. gave up before the contest was finished after a few losses..

    heh heh.. imagine him trying to trade with real money on the line.. he'd fold like a cheap suit
     
  7. Thats good advice