Yeah... certain to kick your ass which is why you did -24% in that trading contest; and why you failed to turn $10 thousand into $1million in 100 days like you promised your former IBD group you would; and why you've run away from the numerous challenges to trading contests here and opportunities to verify your demented claims...
WHY DO YOU ALWAYS CALL EVERYONE SIR???!! :eek: AND WHY DO YOU ALWAYS FEEL THE NEED TO WRITE YOUR USERNAME AFTER EVERYONE OF YOUR POSTS LIKE YOU'VE JUST PUBLISHED SOME SORT OF LETTER??! :eek: Cmon man, this is just an online trading forum ffs!! LOL
I don't know a thing about Jack's reputation (except for what I have read in this thread) but based on his post this chap definitely understands the market. I don't know if he understands himself or whether he makes a profit (how would I afterall) but he certainly understands the market.
The following trades were made using the Jack Hersey method. If his system performs like this why are so many people knocking him? 50,000 Entry Date Exit Date Score Symbol Shares Entry Shares Exit Profit % 01/10/2004 04/10/2004 0 HANS 400 25.1 200 26.44 $268 5% 50,268 01/10/2004 08/10/2004 0 HANS 200 25.33 $46 wash $50,314 04/10/2004 05/10/2004 7 ANIK 200 15.15 200 14.36 ($158) -5% $50,156 04/10/2004 06/10/2004 1 LIFC 200 10.47 200 9.97 ($100) -5% $50,056 06/10/2004 06/10/2004 0 ALDN 400 24.8 400 24.95 $60 wash $50,116 13/10/2004 29/10/2004 0 UBET 2800 3 2800 3.2 $560 Documented loss but ACTUAL gain 7.50% $50,676 25/10/2004 25/10/2004 7 IDSA 1800 11 1800 12.13 $2,034 10% $52,710 27/10/2004 27/10/2004 0 IDSY 1250 13.91 625 14.71 $500 7% $53,210 27/10/2004 29/10/2004 0 IDSY 625 14.9 $618.75 5% $53,829 29/10/2004 29/10/2004 7 ANIK 700 12.89 700 11.6 $903 Short Sale 10% $54,732 04/11/2004 04/11/2004 0 HANS 500 27.7 500 26.1 $800 Short Sale 6% $55,532 04/11/2004 04/11/2004 0 IDSY 400 14.94 400 15 $24 wash $55,556 11/11/2004 11/11/2004 1 SINA 200 36.46 200 37.46 $200 3% $55,756 11/11/2004 11/11/2004 7 HLEX 500 13.98 500 13 $490 Short Sale posted late 7% $56,246 17/11/2004 26/11/2004 1 CALM 900 13.43 900 13.53 $90 1% $56,336 17/11/2004 26/11/2004 7 SWIR 600 19 600 19.69 $414 4% $56,750 22/11/2004 22/11/2004 0 PETD 450 35.58 450 36.96 $621 4% $57,371 01/12/2004 02/12/2004 0 NTES 400 53.89 400 55.2 $524 2% $57,895 13/01/2005 13/01/2005 7 ANIK 1500 8.61 1500 8.65 $60 wash $57,955 04/02/2005 07/02/2005 1 ELOS 700 29.89 700 30.61 $504 2% $58,459 04/02/2005 07/02/2005 0 UBET 3100 4.98 3100 5.7 $2,232 14% $60,691 11/02/2005 15/02/2005 1 COGT 1000 30.45 1000 32.37 $1,920 6% $62,611 15/02/2005 16/02/2005 0 MFLX 1000 21.67 1000 22.4 $770 3% $63,381 22/02/2005 28/02/2005 7 IPXL 1000 17.35 1000 17.38 $30.00 wash $63,411 28/02/2005 28/02/2005 1 TOPT 1000 21.3 1000 20.95 ($350) -1.60% $63,061 28/02/2005 28/02/2005 0 PACT 1000 7.65 1000 9 $1,350 17.60% $64,411 15/03/2005 18/03/2005 7 ELOS 800 28.65 800 32.26 $2,888 12.60% $67,299 24/03/2005 14/04/2005 7 CUTR 500 18.55 500 18.82 $135.00 1% $67,434 15/04/2005 15/04/2005 1 EZPW 1000 13.39 1000 12.08 $1,310 Short Sale 9.70% $68,744 20/04/2005 20/04/2005 1 MIPS 3000 8.23 3000 7.91 $960 Short Sale 3.80% $69,704 21/04/2005 22/04/2005 0 MFLX 1500 19.76 1500 19.81 $75 wash $69,779 09/05/2005 10/05/2005 0 TASR 2900 9.74 2900 11.01 $3,683 13% $73,462 10/05/2005 11/05/2005 7 EXM 500 16.62 500 16.92 $150 2% $73,612 12/05/2005 17/05/2005 0 ELOS 1000 28.05 1000 31.4 $3,400 12% $77,012 12/05/2005 18/05/2005 0 JUPM 1000 16.57 1000 19.02 $2,450 14.70% $79,462 18/05/2005 18/05/2005 5 EXM 1000 15.7 1000 15.7 $0 wash $79,462 23/05/2005 24/05/2005 0 SIGM 2000 8.08 2000 8.5 $840 5% $80,302 23/05/2005 23/05/2005 0 SNDA 500 33.4 500 33.42 $10 wash $80,312 25/05/2005 27/05/2005 0 EXM 1600 15 1600 16.1 $1,760.00 7.30% $82,072 31/05/2005 01/06/2005 1 BCSI 500 19.39 500 19.53 $70 wash $82,142 01/06/2005 01/06/2005 5 USG 500 46.3 500 46.53 $115 wash $82,257 02/06/2005 03/06/2005 0 SNDA 700 38.2 700 37.3 ($630) -2.30% $81,627 09/06/2005 15/06/2005 7 MCRI 500 21.25 500 21.8 $275 posted late 2.50% $81,902 10/06/2005 10/06/2005 0 EXM 1000 16.4 1000 16.15 ($250) -1.50% $81,652 15/06/2005 15/06/2005 2 JUPM 1500 18.4 1500 18.03 ($555) -2% $81,097 16/06/2005 17/06/2005 5 MCRI 1000 22.44 1000 22 ($440) -2% $80,657 16/06/2005 17/06/2005 0 EXM 1000 16.4 1000 16.9 $500 3% $81,157 22/06/2005 26/06/2005 5 DCAI 1600 21.38 1600 24.4 $4,832 14% $85,989 30/06/2005 01/07/2005 2 EZPW 2000 10.3 2000 11.36 $2,120 10% $88,109 05/07/2005 06/07/2005 0 TRGL 1000 24.89 1000 27.4 $2,510 10% $90,619 05/07/2005 05/07/2005 7 UBET 1300 5.31 1300 5.55 $312 4.50% $90,931 05/07/2005 05/07/2005 4 ENER 1000 23 1000 23.07 $70 wash $91,001 05/07/2005 05/07/2005 0 DCAI 1000 22.15 1000 21.7 ($450) -2% $90,551 06/07/2005 06/07/2005 7 MCRI 1000 22.92 1000 23.12 $200 wash $90,751 07/07/2005 11/07/2005 5 MFLX 1000 19.4 1000 21.4 $2,000 10% $92,751 07/07/2005 07/07/2005 7 IIG 2000 10.99 2000 11.01 $40 wash $92,791 11/07/2005 11/07/2005 5 JUPM 1000 19.59 1000 19.66 $70 wash $92,861 11/07/2005 12/07/2005 4 FORD 1000 20.08 1000 21.08 $1,000 posted late 4.70% $93,861 18/07/2005 18/07/2005 5 ENER 1000 23.1 1000 22.99 ($110) <1% $93,751 18/07/2005 18/07/2005 0 CMT 2000 10.55 2000 10.33 ($440) -2% $93,311 20/07/2005 25/07/2005 5 NGPS 1000 32.5 1000 36.5 $4,000 12% $97,311 20/07/2005 20/07/2005 5 UBET 4000 5.75 4000 5.8 $200 wash $97,511 20/07/2005 22/07/2005 4 MCRI 1000 25.38 1000 25.08 ($300) -1% $97,211 25/07/2005 25/07/2005 5 FORD 1000 21.5 1000 23.85 $2,385 11% $99,596 01/08/2005 01/08/2005 5 SNHY 1000 31.5 1000 31.8 $300 1% $99,896 02/08/2005 04/08/2005 4 ENER 1000 25.9 1000 26.71 $810 3% $100,706 03/08/2005 03/08/2005 0 JMDT 1000 29.32 1000 29.15 ($170) <1% $100,536 16/08/2005 16/08/2005 0 NGPS 1000 25.32 1000 24.99 ($330) 1% $100,206 16/08/2005 16/08/2005 0 HANS 1000 44.75 1000 44.11 ($640) 1% $99,566 19/08/2005 19/08/2005 0 NGPS 1000 24.94 1000 25.35 $410 1.60% $99,976 22/08/2005 22/08/2005 4 FORD 1000 25.65 1000 25.49 ($160) 0.50% $99,816 22/08/2005 22/08/2005 7 HANS 1000 44.87 1000 45.8 $930 2% $100,746 23/08/2005 23/08/2005 0 DCAI 1000 18.62 1000 19.15 $530 3% $101,276 23/08/2005 24/08/2005 2 RTSX 1000 26.3 1000 26.85 $550 2% $101,826 24/08/2005 25/08/2005 5 NGPS 1000 26.75 500 28.36 $805 6% $102,631 24/08/2005 25/08/2005 5 NGPS 500 27.13 $190 1.5% $102,821 24/08/2005 24/08/2005 0 NFLX 1000 21.55 1000 21.12 ($430) 2% $102,391 29/08/2005 29/08/2005 0 TRGL 400 30.75 400 30.13 ($248) 2% $102,143 30/08/2005 30/08/2005 2 JMDT 1000 23.1 1000 23.71 $610 2.60% $102,753 30/08/2005 30/08/2005 2 IIG 1000 8.07 1000 7.99 ($80) -1% $102,673 30/08/2005 30/08/2005 0 FORD 1000 25.23 1000 25.8 $570 2.20% $103,243 30/08/2005 30/08/2005 0 RADS 1000 11.85 1000 11.83 ($20) <1% $103,223 01/09/2005 01/09/2005 5 CMT 1000 6.91 1000 6.81 ($100) 1.50% $103,123 01/09/2005 01/09/2005 0 IIG 1000 8.07 1000 8.035 ($35) <1% $103,088 07/09/2005 07/09/2005 7 IIG 1000 8.42 1000 8.43 $10 wash $103,098 08/09/2005 08/09/2005 7 FORD 1000 27.48 500 28.8 $660 5% $103,758 08/09/2005 09/09/2005 7 FORD 500 29.5 $1,010 7% $104,768 08/09/2005 08/09/2005 1 SNHY 1000 20.67 1000 20.69 $20 wash $104,788 09/09/2005 13/09/2005 5 IRIS 1000 18.02 1000 18.25 $230 1% $105,018 13/09/2005 13/09/2005 2 CKCM 1000 18.33 1000 18.05 ($280) -1.50% $104,738 14/09/2005 14/09/2005 0 VDSI 1000 10.26 1000 10.13 ($130) 1.20% $104,608 16/09/2005 19/09/2005 0 ELOS 1000 38.2 1000 38.55 $350 1% $104,958 16/09/2005 19/09/2005 0 IRIS 1000 18.17 1000 18.4 $230 1% $105,188 16/09/2005 16/09/2005 0 SNHY 1000 21.98 1000 22.24 $260 1.20% $105,448 26/09/2005 26/09/2005 5 CKCM 1000 19.89 1000 19.09 $190 1% $105,638 26/09/2005 26/09/2005 0 ELOS 1000 36.38 1000 36.68 $300 1% $105,938 29/09/2005 04/10/2005 0 VPHM 1000 20.66 1000 21.07 $410 2% $106,348 30/09/2005 30/09/2005 0 CTHR 1000 24.69 1000 25.01 $320 1.30% $106,668
It's called the MARKET RHYTHM. Once you get the "vibe" down, you can then begin to dance in step with the market.
Would that be because the trades you posted are from 2004 to 2005 ? Irrelevant and selective BS maybe, like Hershey.