BE DO HAVE and Jack Hershey vs Objective Reality

Discussion in 'Chit Chat' started by ^^^^^^, Feb 26, 2007.

  1. The major reason of misunderstanding BE->DO->HAVE is laziness. People do not realize that DO requires many,many,many hours of hardwork...
     
    #231     Mar 1, 2007
  2. Tums

    Tums

    life is tough, isn't it.
    I feel really sorry for your experience. Please tell me more detail.
     
    #232     Mar 1, 2007
  3. Tums

    Tums

    why don't you post the codes? so that we can examine it and find out where did it go wrong? maybe your code is bad? your know the GIGO stuff?
     
    #233     Mar 1, 2007
  4. Tums

    Tums

    Wow, I am impressed by your intimate knowledge of the church sanctuary. You must have read every post of the Hershey threads.

    another seasoned basher with a new handle?
     
    #234     Mar 1, 2007
  5. ebulldog

    ebulldog

    This is hilarious.
     
    #235     Mar 1, 2007
  6. It was a little funny wasn't it.
     
    #236     Mar 1, 2007
  7.  
    #237     Mar 1, 2007
  8. ^^^^^^

    ^^^^^^

    I especially like this quote from an ongoing Hershey inspired fantasy:



    "Spotted the FTT at 09:45, no problem, but completely lost the plot after 10:20. Every FTT seemed to fizzle out, which in hindsight turned out to be a very volatile LTR traverse. The 5 min seemed “too coarse” due to the high volatility, and I ended up widening my long channel 5 times. I found the Gaussians to be particularly difficult to follow. After each FTT I saw a BO of the current RTL but then b2b reappeared. Again with hindsight this looks very clear but it seemed highly confusing at the time."

    The Hershey fantasy is that losing trades are called "mistakes" and with enough whatever they will eventually be eliminated. Objective reality dictates that uncertainty is always present in trading. Identical looking situations with respect to similar "data sets" ,as JH terms them, will not always produce the same result. In a binary activity,i.e., win/lose,in/out,long/short this shortcoming must be dealt with by resorting to probabilities. Probabilities are something which Hershey denies. He asserts that the market can be known with certainty. New traders seem to agree. Seasoned traders know better. Another chasm not to be bridged by US to THEM.
     
    #238     Mar 1, 2007
  9. I agree... :eek: that was not how I meant it but then again, I was distracted when I wrote it!
     
    #239     Mar 1, 2007
  10. Tums

    Tums

    it took ebulldog and Jack, and T6's reply to prompt me for a second read, then I was rolling on the floor laughing.
     
    #240     Mar 1, 2007