To my knowledge, he didn't ever charge a dime. He did charge you for plenty of your time, though. Arguably, the only thing that's in short supply for all of us.
Kahneman's "Thinking Fast and Slow" comes to mind. One could replace volume with liquidity, volatility, venue, and/or information asymmetry. The basic market generated information is Timestamped OHLCV, and by extension; one's observation and interpretation thereof. To leave any factor off-the table, while some would consider simplifing, others sampling and yet others would consider an incomplete observation.
Agree, almost all of the time, volume leads price and haven't a clue what JH is all about, nor do I care to find out. Gaps and volatile news related movements not confirmed by volume get quickly retraced are some of the exceptions to the "rule".
Hello Laissez Faire, Then JH trading methods is aTrading Scam and Holds no value and a waste of time for any person to try. It's dumb and stupid for a trader to follow another trader trading method with out proof of real Live cash account the trading method makes real money from 1 to 3 years. I would never trade a trading method from another ET member and waste time from a trader who doesn't MAKE REAL money trading. That's stupid. The ET member should go make money with his/her beliefs then come back with facts and empirical proof the trading idea makes money if he SERIOUSLY wants to help other ET members make money. Key word SERIOUSLY. I don't give a damn how much sense the trading method makes in theory. My time and energy is far more valuable to be trading another traders idea and belief and trading theory on how to make money trading. Fuck theory trading. It's about making money Only.
Are you getting positive results with what you have already developed? I think I may I have all the audio recordings that Ezzy (if I remember the moniker correctly) posted on Trader Laboratory. If you are still missing any of them, let me know via PM.
all was free and he spent insane amount of time posting things. He never traded live, there were few times it was promised but never done. I recall 1 years master thread by Spyder where last steps was supposed to be live trading. It never happened.
Here's some fuel for this fire. Say what you will, but he was legit. Live Trading with Jack Hershey and SypderTrader from Tucson Meetup 2007 It's great to see some of the OGs showing up in this thread. Wasnt sure how many were still around.