Jack Hershey Method Since 2008

Discussion in 'Chit Chat' started by bwolinsky, Apr 28, 2012.

  1. All Trades Long Trades
    Starting Capital $100,000.00 $100,000.00
    Ending Capital $243,049.27 $243,049.27
    Net Profit $143,049.27 $143,049.27
    Net Profit % 143.05% 143.05%
    Annualized Gain % 27.05% 27.05%
    Exposure 4.84% 4.84%
    Total Commission ($1,303.80) ($1,303.80)
    Return on Cash $0.00 $0.00
    Margin Interest Paid $0.00 $0.00
    Dividends Received $0.00 $0.00

    Number of Trades 82 82
    Average Profit $1,744.50 $1,744.50
    Average Profit % 1.19% 1.19%
    Average Bars Held 17.54 17.54

    Winning Trades 48 48
    Win Rate 58.54% 58.54%
    Gross Profit $232,345.85 $232,345.85
    Average Profit $4,840.54 $4,840.54
    Average Profit % 3.00% 3.00%
    Average Bars Held 18.4 18.4
    Max Consecutive Winners 8 8

    Losing Trades 34 34
    Loss Rate 41.46% 41.46%
    Gross Loss ($89,296.59) ($89,296.59)
    Average Loss ($2,626.37) ($2,626.37)
    Average Loss % -1.36% -1.36%
    Average Bars Held 16.32 16.32
    Max Consecutive Losses 6 6

    Maximum Drawdown ($28,816.68) ($28,816.68)
    Maximum Drawdown Date 11/21/2008 11/21/2008
    Maximum Drawdown % -18.26% -18.26%
    Maximum Drawdown % Date 11/21/2008 11/21/2008

    Wealth-Lab Score 456.41 456.41
    Sharpe Ratio 1.12 1.12
    Profit Factor 2.6 2.6
    Recovery Factor 4.96 4.96
    Payoff Ratio 2.21 2.21

    So I was looking to see how the alias Scottd's chartscript has done since September 2008 to present.

    No trades since April 2011. The system watches the correct JHM symbol .SPX and trades SDS and SSO.

    The equity curve, tradeslist, and performance summaries and curve data are in the spreadsheet.
     
  2.  
  3. They're not off. It's the same code I used two years ago, maybe 3 years now.

    I re-collected the data and posted the results out of Wealth Lab .NET.
     
  4. Are you suggesting you are profitable using the JH method?
     
  5. Not in it's pure sense, as I do not trade ES, but if you study SCT, you will at some point dispense with charts. I can tell you that.
     
  6. what's sct?
     
  7. Research.
     
  8. wilddog

    wilddog

    What is your ES trading results like?
     
  9. Not sure who you're addressing, but this is the one pager that forms the core of Jack Hershey's theory, but I'd never trade it, because I have better models than this. If you add an exit on close the results are marginally profitable, whereas I let the indicators hold overnight to make it more robust.
     
  10. TraderZz

    TraderZz

    Decent results, but I'm wondering if you used all the rules introduced in spider's journal applied to the volume rules on jack's 1 page, I havn't traded the method all those years, but I think the return would be higher.

    There are other simple methods out there trading higher liquidity issues that have done better than 28% annualized/18% max DD.
     
    #10     May 5, 2012