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. Someone get foxunt a tissue please........anyone??

    :p
     
    #221     May 27, 2010
  2. Isn't it interesting that there's so much documentation of Jack's failures, yet none of his claims like 3X daily range :p
     
    #222     Jun 2, 2010
  3. Jack Hershey "success stories."

    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


    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2871255>
     
    #223     Jun 14, 2010
  4. Man, this dude is completely unhinged. :D :D :D

    They have medication for OCD you know. It doesn't have to be this way for you.
     
    #224     Jun 14, 2010
  5. There is no medication for what these guys have!

    :D

    :cool:

     
    #225     Jun 14, 2010
  6. Google "Jack Hershey" and the very first link is to:

    Jack Hershey’s Incomprehensible Method
    http://www.tradersnarrative.com/jack-hersheys-incomprehensible-method-971.html

    Here's an interesting excerpt :p

    I’ll never forget the time a few years ago that I found him on a thread of mine on elitetrader. I decided to respond in his “language”. I wrote a bunch of nonsensical words, phrases and threw in a few Gaussians, and voila! He replied positively. I couldn’t stop laughing for the next hour or so due to a very bad case of the giggles.
     
    #226     Jun 14, 2010
  7. Here's Jack in his own words :p

    For a while I participated with a multidisciplinary team at a learning hospital at the invitation of my psychiatrist who is also a Native American shaman.
    http://www.elitetrader.com/vb/showthread.php?s=&postid=1555191&#post1555191

    Even Jiminy Cricket has his old fashioned neck tie off or loose. this is a real treat for the mind.
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2106468&#post2106468

    This is THE place in THE world to be when I post. If you are so stupid to not have 3m micorpore tape to tape your mouth shut, then use the stupid person's painful type tape.
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2111426#post2111426

    what distinguishes me from Forbes 400 people is that they are greedy and selfish and I am not
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2610703#post2610703

    Losses are not part of SCT trading on any level of skill.
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2836455#post2836455
     
    #227     Jun 14, 2010
  8. Will somebody please get Trader666 a tissue....anyone?

    :p

    :cool:

    :D
     
    #228     Jun 14, 2010
  9. The only known positive Hershey equity curve :p

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2874141>
     
    #229     Jun 17, 2010
  10. Where did Trader666's 'buddy' go?

    :confused:

    Could it be the new 'restrictions' have put an end to his silly game?

    :p
     
    #230     Jun 17, 2010