Jack Hershey's Methodologies (SCT & PVT)-Good Bad or Ugly

Discussion in 'Chit Chat' started by sappjason, Feb 28, 2010.

Do Jack Hershey's Methodologies warrant serious study?

  1. Fantastic-Jack's methodologies warrant the full attention of all traders (both new and professionals

    26 vote(s)
    10.9%
  2. Good-Jack's methodologies are good and should be studied to enhance trader profitability.

    10 vote(s)
    4.2%
  3. Average-Jack's methodolgies are really no better or worse than any other methodology.

    13 vote(s)
    5.5%
  4. Poor-Jack's methodologies are poor (or inferior) and really do not provide the means for a trader to

    18 vote(s)
    7.6%
  5. Horrible-Jack's methodologies are potentially damaging and a waste of time and money to even conside

    171 vote(s)
    71.8%
  1. There is nothing mysterious in JH Method :)
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    #91     Mar 9, 2010
  2. The trader can draw RTL/LTL in advance..... note the gray lines...this is context for the P/V relationship action
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    #92     Mar 9, 2010
  3. The trader can use LTL for target practice and for taking profits...RTL is for entry
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    #93     Mar 9, 2010
  4. 45% of the voters don't share Jason's opinion, and this number is lower than it should be since the 'weirdo' has voted a bunch of times, skewing the data.

    This Jack is polarizing, that's for sure

    :)
     
    #94     Mar 9, 2010
  5. nkhoi

    nkhoi

    y what with this me pm you stuff? you are not going reach a critical mass anytime soon with this one pm at a time method.
     
    #95     Mar 9, 2010
  6. NK,
    I don't feel right sharing what I've found publicly. For those that are interested enough, they can PM me.

    Jason

     
    #96     Mar 10, 2010
  7. For the record, Jack has never said that you can routinely make 3x the daily range. It is a propaganda technique of continuously repeating the same lie.

    Jack has stated that one can obtain UP TO 3 x the daily range in a market. The market has to behave perfectly which it often does not.
    At any rate, the information that Jack and Spyder have provided is more than enough to make one profitable if they are willing to do just a little work and read the market without any external bias.

    Best Regards
    Oddi
     
    #97     Mar 10, 2010
  8. YOUR propaganda is the lie.

    What really happened is Jack said that he routinely makes 3X daily range in ES:

    I do reach my goal of 3x H-L in ES as a practice.
    http://www.elitetrader.com/vb/showthread.php?s=&postid=912447&highlight=#post912447
     
    #98     Mar 10, 2010
  9. "I have had my million dollar plus best single day as well. And I do reach my goal of 3x H-L in ES as a practice."

    I've also seen him say 3-6x H-L, so he's even stretched the 3x limit in a post or two in the past.


     
    #99     Mar 10, 2010
  10. Interesting.

    If that is the case then I admire that effort. I do not put too much into the claims of anyone. I simple look at what is offered, especially if it is free.
     
    #100     Mar 10, 2010