Jack Hershey methods

Discussion in 'Technical Analysis' started by OddTrader, May 28, 2008.

  1. Even when Jack quotes someone it's long and boring :p
     
    #261     Jun 3, 2008
  2. So, did you learn anything from mandelbrotset today?
     
    #262     Jun 3, 2008
  3. Heh heh.. so after months of calling Mandelbrotset a moron you are calling him as a witness :p
     
    #263     Jun 3, 2008
  4. Did you get your 3x H-L in ES today?
     
    #264     Jun 3, 2008
  5. I learnt that Spydie takes over an hour to photoshop

    I mean really Jack, that was just pathetic, trying to convince us he sold 40 cars when he was looking to go long :p

    And rather than post his execution report when Duref did he tried to steer us to someone that sold 40 cars

    Then a full hour later he finally posts "his proof" yeah right.. it was pathetically transparent :D
     
    #265     Jun 3, 2008
  6. Tums

    Tums

    On an anonymous internet forum, everybody can be somebody.
     
    #266     Jun 3, 2008
  7. For a minute there I thought you were going to break into Dean Martin's everybody loves somebody sometime :p
     
    #267     Jun 3, 2008
  8. Mandelbrotset worked through somethings today. It is tough for any person at any time to reconsider his orientation.

    He is a business person and he did reflect on his relationship to the market.

    Holding for a turn is tough for anyone as they view their displays. He trades small and takes a daily net with relatively brief holds it looks like. Today he had a choice to learn and reflect based on what he requires as dilligence.

    So now he is in a very very good place because he sees a a hold for a part of a day makes money when timing and a routine (MADA) is at play. Anyone who is holding a short is looking for a long. We all thank you for pointing that out. My machine shows that after Mandelbrotset posted, Todd was responsive to him in an unique and unprecedented manner and in a matter of minutes. Todd posted a trade that showed good timing and a profit in a given ATR range. It was 1/12th of what mandelbrotset makes in a year with about 20,000 bucks of capital. Both Todd and mandelbrotset wanted to move ahead. They did.

    I am very very glad mandelbrotset is going to shift his trading upward in two ways: he is going to do more cars and he is going to accept doing longer holds by using the info Todd will impart to him as time passes. He will run 40 cars someday and do five digits every day and be quite comfortable doing it and having capital to help others out occassionally. I think he will teach others in time as well. That is the way of life and people do help each other as they discover the opportunities to be helpful.

    Probably, others will observe what happened. I like the idea that Todd is going through his fifth anniversary and especially that I am alive to see it as he said I would a while back. What an example Todd is to the world. What a tremendous example.

    You may want to try to consider what it is like to put years and years in on learning as Todd has done and then turn to help others who are following your (Todd's) path.

    When I suggested to you to change the defualts on SPM a couple of years ago, I did it because that is what a lot of the world did long ago. I failed to suggest something that would have been helpful.

    Todd is the one who taught me to not care about people who aren't able to do the work to learn purposefully. I did not like giving up on people five years ago.

    Mandelbrotset and Todd are a good example of how traders and gentlemen can work through understanding what is on the table. So I asked you if you learned anything from Mandelbrotset. A lot of people learned a lot today. You have a choice at hand and it is not to change your handle once again.

    The market offers a lot to anyone who wants to learn to take the offer. today for 40 contracts over two hours, the market offered a trader over 40,000 dollars who had 20,000 dollars of margin with his broker. Obviously the account has to be swept weekly to put the surplus into position trading stocks (See the list Todd posted).

    A few more people may begin to follow Todd's journals, we can hope that they do and we will see. It's now a new ballgame in ET.
     
    #268     Jun 3, 2008
  9. yes I've been getting his PM's for weeks now.. he certainly needs to work through a few things

    The fact you have to hold a loser up as your justification merely reinforces your dementia :p
     
    #269     Jun 3, 2008
  10. Man, I bet Mandel puts that on his resume tonight, especially the the "business person" part.

    All I want to know is if he gets a free ride on the space ship with you and Spydie now. If he does I am going to be totally pissed.

    p.s. Hey Jack, where do u dispose of those adult "nappies" in outer space?
     
    #270     Jun 3, 2008