Errors in the Hershey Futures Method

Discussion in 'Strategy Development' started by Joe Doaks, Jul 22, 2007.

  1. Joe has left the building. What he posted was not an SCT chart but a situational awarness chart that is only part of a larger and decidedly non-SCT system. The channel drawn illustrates the point that sometimes it is informative to draw channels upside down. I do not trade SCT. And I trade every day and I haven't had a loser this week either. Mainly because I would never trade anything as ambiguous as SCT.
    #151     Aug 2, 2007
  2. All I am speaking towards is the method working if properly in place. Getting to a level where SCT is possible is still very far away from me and I dont think I will attempt it anyways. I am very happy to see the market how I do and pick my spots accordingly.

    #152     Aug 2, 2007
  3. Who knows? If you follow SCT for a while you might find elements of it that you like. But the best methods clearly are ones you invent yourself. Good trading to you.
    #153     Aug 2, 2007
  4. You got that right!
    #154     Aug 2, 2007
  5. Jack deserves Jack :p
    #155     Aug 8, 2007
  6. he could simplify but won't
    #156     Aug 10, 2007
  7. lol :D
    #157     Aug 10, 2007