Poll: Is it humanly possible to capture 3x ATR everday?

Mark Douglas faces the same fate:"You will also have to learn how to grant yourself the mental freedom to shift your perspective to notice alternative possibilities to getting what you want in the trading arena, regardless of your expectations of how you are going to get it..." Another thinking bastard...

 

Yeah he writes books... Jack tried to tell us he was published too... turns out they were just internet pamphlets.. another Hershey success story

 

Yet another documented Jack Hershey success story (on top of -24% in a trading contest)!!!

In response to someone who followed his recommendations, Jack Hershey wrote on Aug 11, 2000:

"Thanks for taking the trouble to follow the stocks that I listed for 31July00 for the time in which an ordinary 1/2 cycle of trading occurs. The list was my best choices for buying 31JUL00. It was the list I made up the evening before. By considering the list as a groups to buy, then allocating 50,000 dollars to each of them as you did, at this point you would be in a loss position of about 22,000 dollars or about 6 plus percent loss."
http://groups.google.com/group/misc...l=en&lnk=st&q="jack+hershey"#2db2e88d1407af42

 

Thanks for posting the whole reference instead of just abstracting the initial comment.

 

You don't trade!

That's why Spydertrader turns up to functions dressed like a bum and has to be escorted to the coat room to be given a decent pair of shoes

That's why you wear a ponytail with a tuxedo like trailer trash with delusions of grandeur

That's why you failed as an insurance salesman and have to live off your partner and out of her house

That's why your entire track record consists of a 24% loss in a trading contest you didn't have the integrity to finish

Anything else fraud?

 

That Passat character is as deep as you are. His whole effort amounted to whooping 4 posts http://groups.google.com/groups?as_...81&as_maxd=17&as_maxm=6&as_maxy=2008&safe=off
He bought the stocks and held them for ten days. Did he forget something like an exit? Duhh

 

Are you sure you've interpreted my reply the right way?

 

LOL, what a feeble attempt at obfuscation. The point is that the stocks lost money. After 10 days, they should have been up quite a bit according to Jack's boasts:

For PVT it turns out that instruments like equities yield 2 1/2 % daily on the coarse level and run up to 15% or so on the highest levels.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1382217#post1382217

Yet another disconnect between claims and reality.

 

sorry to see this thread got assigned to Chit Chat...

 

It is even more interesting what happens as one begins to see the former becoming the latter.