Jack Hershey Method Since 2008

It is simple, you did not understand what I posted.

100,000 share trade had an average partial fill of about 3000 shares. Market orders were placed periodically at the existing level of block trades.

Are you keeping up? Is it reasonable when trading out of a stock and using my specific instructions to keep bleeding out the trade at about 10% of cummulative volume and to not exceed the block size currently going through.

Are you keeping up? The day of my exit, there was a cummulative total of 1.1 million shares traded.

the broker did not keep up with the cummulative 10% rule. So the stock peaked before she made it out. Some trades were past the peak.

Are you keeping up? How is your bullshit meter doing?

The net effect of this inefficiency was that I left about 200K on the table and only got the net you may have calculated.

For you, what I did is bullshit. That is very cool for the public to know how you feel. I empathize with you.

The POA's on that trade (11) did not feel the way you will always feel. If collectively these people had their accounts enhanced the way they did, then they were looking forward to their next trades. That was the fact at that time.

I did not criticize the broker or offer any comments except that I wanted her to keep up with the cummulative volume. We discussed what peaking price meant to me and how I determined when to take profits. This conversation took place (parts of it) almost daily for a while. Training brokers is a continuous experience.

There were 31 partial fills. On the T&S that day, they occurred on separate pages. A 3000 share block was about the top size block that she used. Count the lines on a computer output. Think about what it is like to have a personal trade appear on the T&S 31 times during a day.

For commodities it is very different. Most trades in commodities are chicken feed trades. I have 9 linked in accounts to one main account. None of the accounts are near the minimum chicken feed trading size. So there are groups of partial fills that are consecutive (one after another with no intervening other trader's trades) in these accounts for each account. The screen only shows me one account of the prints since I do not clutter my displays. After hours I can skim accounts.

All I look at during the day is the advancing capital in the accounts and I adjust contract levels by using a percent of capital. Usually it is 94% across the board.

So you need to adjust your bullshit meter; it, as usual, it out of whack.

Learn that people who have significant holdings, have to use a strategy to not affect market prices.

Do you still think a person has to use stops? Stops are not a possibility beyond the chicken feed level.

The reason you posted is that you find my trading commentary "unbelievable". I empathize with your problems.

Consider this as well. It is very possible to fake being an "insider trader". Get past Wikipedia. Think about what all those chapters in Larry Harris really mean. He is depicting, in detail, the whole nine yards of over 30 trading methods that make up the vast majority of the market. Try to find me. My very specific profile is "insider trader".

You have a bullshit meter that doesn't work at all. Your meter keeps bullshitting you all the time.

This is a humorous post and I am empathizing with you and your problems. There are a lot of people such as you.

Are you still just trading chicken feed?

 

Don't change the subject. We are not talking about stock trades. We are talking SCT here trading ES. Master of obfusfuckingscation and misfuckingdirection. And you give yourself oyveh with that quick response. No fucking way you could have typed or Dragooned that much bullshit so fast. Fucking random buzzphrase concatenator. I post in real time. You post in non real time. Like your trades.

 

Well, obfuscation can be a challenge to decipher.

Based on that average that's 33 fills. Why would it take 31 pages to report 33 fills?

Are YOU?

Are YOU?

You just broke the needle.

Only if you're exagerating or lying, as I suspect you are.

The "public" tell you that themselves did they?

I must admit I don't empathize with you.

LOL
Life's a bitch isn't?

really? cause I've traded more than that in a single day and it all appeared on the SAME page.

What font size?

Just 31?

Funny, I think much the same of odd lot traders in securities.

I'm going to need a new BS meter

I can't adjust it, you BROKE it asshole.

Actually most of what I've read of your posts for years is unbelievable.

That I can believe, in fact I think you're faking now

Their insider trading article?

Not anymore, you broke it asshole. LOL

Uh actually YOU are the one bull shitting me.

Oh I agree there, just not humorous in the way you'd like to think.

Is there a futures contract on chicken feed?
CBOT corn contract?

 

You're almost funny.

I am a jack of all trades as they say.

SCT trading ES MEANS use PEP. PEP is the PATTERN. PEP has four applications. PVT, SCT, and some others.

Now adays there is a stand in for volume on markets that do not transmit volume info.

As always volume or its standin always leads price.

Your posts and charts always say "I do not get it" (you speaking).

Everything is cool; I empthasize with your problems.

If you have market information feeds, consider checking the volume box.

Friday ended with a reversal on bar 78 using a rule. Bar 79 Used a rule to assign P1 of the pattern. P1 of volume is coincident with Pt1 of price.

Bar 80 was a wait bar since it followed the OOE rule set for the 10 cases and ,inparticular, the internals (the yellow boxes on any useful platform).

T1 in volume occurred on the last bar (81). T1 in volume is coincident with BO of RTL in price.

Astute commodities traders are in commodities markets that are short on the open of Monday the 25th. The trend can end on bar 1 only if a never before occurring miracle happens.

By looking at the specific and unchanging trend OOE's, a person knows his context and he knows what the other four OOE's can hold for him.

On every bar and during that bar, from a given second onward nothing new can happen on that bar. You coast through the remainder of the bar. In this paragraph what is what is determined by looking at volume when there is no yellow box with a red border. There is NO possibility of a "lateral" internal on bars 1 and 2, since as always the last bar of the prior day has less volume (and therefore price volatility) than the first several opening bars.

So now we are ready to call the first second and third trades of the day. Use the schedule of the 20th to make it easy.

We are in a Global Depression. It is going to last for 10 to 12 more years. I stated this in JUN/JUL of 2006.

your first step towards learning about how markets work is to start using volume. If a person is not using volume, he has not taken his first step in learning how markets work. I empathize with your proiblems.

 

Tell ya whut ah'm gonner dew, Jack. I just ape-lied my one minnit NQ code to ES. Untuned. Untested. I'll shew yew what it perrodicks as the morning perrogresses. Eggsample attached running now. I'll eggsplain as we go. And it will allow me to concentrate on trading NQ and not waste time fucking with your fantasies. You should like it. Always in. No stops.

 

Actually, it is you who has not been keeping up with me. I DO use volume, but not in any way envisaged in your canon. I run five wholly oraginal volume analyses. And I am not so stupid as to base my trades on arcane predictions made before the open. Since my best studies run on one second data, I have more than enough time to see what is really happening without being committed to a prediction that might be sluggishly proved invalid at the pace of your snail chart.

As to what will happen Monday, have you ever heard of news? Your perrodickshun can be unvalidated in a fucking flash by unexpected news affecting 6E. All TA bends over for an ass-fucking when massive flow of funds kicks in.

But sorry I am teaching you something, which I swore years ago I would quit doing.

 

You are always bragging about magic. Take a look at the green bar in the attached study to the right of the price axis. You see anything in the corresponding price bar that suggests the coming price rise?

 

Hi Jack,

Hope to had a good weekend. How about posting your trades on this thread? As you said few posts ago, you make decisions 5, 10 or 15 min in advance. Would you mind posting something like Short ES at 1305 or Short ES in 5 min, plus if it is Ok mention SCT for example.

Regards,
redduke

 

Hi Jack,

could you please ask the host to send me the log-in details? Or should I ask redduke?

Thanks.

 

Thanks for shortening my “workday” Jack. Less than 12 minutes to collect five ES points-but it was a harrowing first 30 seconds!

Could you give those of us following along any insight on why Friday, June 22, started “long” AND stayed “long” until bar 15? Sometime during bar 2 on Friday wouldn’t the Price/Volume relationship indicate that “short” is the right side of the market?

Looking forward to your response. Off to the park to ride bikes…

-river