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. Trader666's 'unhappy' meter is through the roof!

    :cool:

    Can 666 BE any more transparent??

    :p
     
    #201     May 6, 2010
  2. Jack Hershey from Tucson AZ
    Pied pipered to noobs on ET
    But in spite of his claims
    They all went down in flames
    As penniless market debris

    nwbprop -- flamed out under Jack's direct tutelage and hasn't posted since Jan 2007. Unfortunately, that thread was deleted but there are some who remember it.
    http://www.elitetrader.com/vb/showthread.php?s=&postid=1109633&highlight=nwbprop#post1109633

    Neoxx -- Jack said Neoxx was doubling his money every three days when he was actually losing money. Hasn't posted since July 2009.

    ScottD -- hasn't posted since March 2009 when he said "Cash Cow" (as certified by Jack) isn't profitable.
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2462769&#post2462769

    RoughTrader -- Jack's claims about his trading deflated each time I called him on it and he hasn't posted since May 2009.

    04-23-09 01:26 PM
    "For SCT like trading, rough trader takes 1500 dollars to 94,000 dollars"
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2399521&#post2399521

    04-26-09 06:51 PM
    "Bottom line: looks like roughtrader makes 20,000 a month on two contracts average while scaling out of entries on his ATS"
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2403231#post2403231

    05-22-09 07:28 PM
    "Rough trader is only making a couple thousand a month on a couple of contracts. He needs to make one adjustment to make 20,000 a month. He needs to add 18 contracts to his trading cars"
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2437715#post2437715
     
    #202     May 6, 2010
  3. pwrtrdr

    pwrtrdr

    All quiet on the Western front given the calmity in the markets ???
     
    #203     May 6, 2010
  4. Jack has a long history of playing pied piper on the internet.

    For example... some guys from Harvard came up empty handed after trying to decipher Jack's "teachings" for more than a year, starting in 1999.
    Look at posts # 1 and 2 here:
    http://groups.google.com/group/misc..._frm/thread/e21428336d0962ed/4088dacd0b5143e7

    Now see how they felt over a year later:

    ...I don't understand why it's not possible to verify such a successful futures trading system if it is based on objective rules. My own attempts to automate the system have been frustrated at every turn by an enormous problem that is apparently only resolvable by gut instinct... I have spent a great deal of time respectfully reading and thinking about what you have written, but mostly what I feel now is frustration.
    http://groups.google.com/group/misc..._frm/thread/ccc785d53a418f8a/ad6210f80809669d

    Here Jack tried to obfuscate his way out of his sinking stock picks that lost $22,000:
    http://groups.google.com/group/misc...d/thread/981513b3a003f259/2db2e88d1407af42?hl
     
    #204     May 8, 2010
  5. ET should create a 'Whining' forum and let either Gobshot28 or Trader666 be the lead moderator. They 'both' (cough cough) have great resumes for the job!

    :)

    :D
     
    #205     May 11, 2010
  6. ET should create a stalker thread about you sending people your puny PMs :p

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2829185>
     
    #206     May 11, 2010
  7. nkhoi

    nkhoi

    'ball of yarn' ? that sounds kind cute actually. hm.. how about a rag doll ?
     
    #207     May 11, 2010
  8. Rag doll works too

    :)

     
    #208     May 11, 2010
  9. 'Weirdo' keeps posting and his post count keeps going backwards!

    :D

    Very funny stuff

    :cool:
     
    #209     May 11, 2010
  10. Firefly, you're not in a position to call anyone "weirdo."

    Why the slowdown on the PMs? :( Too busy studying Jack's teachings? :p
     
    #210     May 11, 2010