Questions to Jack Hershey

Discussion in 'Technical Analysis' started by BenzMercedesSL, Oct 27, 2011.

  1. I'm tired after the rant. The data is on a silver platter, but I think the system is laid out in a cross-platinum, diamond encrusted, gold plate.

    If loading ascii data is too difficult, you're not even qualified to be a trader and you should immediately quit and seek professional help...<b><i><u>Now!</b></i></u>
     
    #341     Nov 16, 2011

  2. I WANT EVERY ONE OF THOSE TOO!! (Ok, not particularly. Maybe just the babes :D )

    Will Jack Hershey's system get them for me? I am eager to learn!!

    BTW bwolinsky, what do you REALLY think?
     
    #342     Nov 16, 2011
  3. nkhoi

    nkhoi

    yes, it sure did, backtesting didn't work it drove you nut.
     
    #343     Nov 16, 2011
  4. At least nkhoi,unlike many of u hear,keep staying supportive and polite at all times.You are all led by tamas where ignorance=anxiety .
     
    #344     Nov 17, 2011
  5. ammo

    ammo

    (still didn't answer the why question)you are the biggest follower/detractor,i can't figure out why a guy of your iq would spend so much time changing handles and chasing jack,again,tell the world why you are saving us from jack,in plain english or hieroglyphics if you want
     
    #345     Nov 17, 2011
  6. Non-resident things that don't contain any real value.Maybe you'll find out someday,that there is no big difference,if you have them on your laptop or in reality.
     
    #346     Nov 17, 2011
  7. bwolinsky says he ran a backtest on specific rules from an old system.

    But I don't understand anyone's claim that a current system (whatever form it is currently in) can't be backtested.

    To say that is to basically say there is a profitable system that has rules that are not definable. If so, that would be a "faith-based" system, or like telling Luke to use the Force.

    If a system has vague rules, it can't be taught, let alone learned.

    Woodie's CCI used to get around that with something called "nuances" to rules. But WTF is a "nuance" except a sub-rule to a rule? The term is just used as an obfuscation technique.

    Walk-forward testing is always necessary. Backtesting is necessary but not sufficient in itself. But not sufficient does not mean "useless". To say that a system can't be backtested is a cop-out and the first sign of a charlatan.
     
    #347     Nov 17, 2011
  8. Vienna

    Vienna

    Hello Jack,

    it seems you sure bring out the crazies lol....(to the crazies: Please! Go away...I have not done anything to you...most of you are invisible but one of you forces me to drop another sock puppet in the ignore bin every time I log on, which is mildly irritating. Perhaps you want to open another thread called "Questions to the crazies").


    To Jack: am drilling..did almost 4 months of charts, drawing price from Vol bars only. This definitely helps! Now I am trying to see the tells that foreshadow WHICH vol peak will be the real FTT... I do not see that this decision can be done by Volume alone, it seems to be a combination of the price bar and the gaussians/ pace.

    Here is a refinement question if you can find the time:

    I understand that formations straddling the RTL cause the RTL to fan. Was wondering if you could perhaps give some guidance as to WHICH RTL the formation/pennant causes to fan.
    Sometimes this can be seen to apply to 2 nestled containers, a traverse and a channel for example. A formation cand straddle both.
    Please see attached today's chart for an example.

    I am trying to find a systematic way of dealing with this... like much about this method, I am sure it is context-dependent.
    "FFF" does not seem to solve the issue in this case...?

    TYVM as always for your help!

    Best,

    Vienna
     
    #348     Nov 17, 2011
  9. I still can't get the purpose of fanning.Vienna,do you realize the purpose of doing the fan drills??
     
    #349     Nov 17, 2011
  10. Just put em on ignore. It's easier.
     
    #350     Nov 17, 2011