Questions to Jack Hershey

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

  1. sigh

    backtest r2r and b2b.....

    be sure to include pace in your backtests......

    if you do not know what I am talking about, all else is everywhere else, so look it up.
     
    #371     Nov 20, 2011
  2. Can you post a Performance Report so I can see if I am going in the right direction?
     
    #372     Nov 20, 2011
  3. That WILL BE THE DAY.

    I'm still the only one that posts performance summaries. RCG doesn't have any backtests, or else he would have posted them by now, but if he does then the next question is which interval?
     
    #373     Nov 20, 2011
  4. Do you love America? Home of the Brave. Land of the Free....

    Such a system that gets 3x's ATR daily compounded can save America from the financial disaster of crushing debt!

    Will someone step forward and save America?

    Picture this - his picture on the cover of TIME with the caption - "A Committee of One To Save The World"

    It would be epic. :D
     
    #374     Nov 20, 2011
  5. Listen to me, I'll put this succinctly:

    Jack Hershey is a fraud, and the name of his system is really Jack Hershey Fraud Methods. There are only two people in this world with systems that can do that, and JACK IS NOT ONE OF THEM.

    Quit dreaming and posting these stupid replies that arguably have absolutely NOTHING to do with determining the validity of Jack Hershey's Fraud.

    Fraud? Does fraud sound like it's something worth pursuing? Quit bringing the dreamliner out already, it's taken WAY TOO LONG to see the light of day.

    Now that it has seen the light of day, for more than 3 years now I might add, if nobody's posting accurately reported results then <b><i>IT'S STILL A FRAUD.</b></i> The fraud isn't so much that he's lying about it being profitable it's a fraud in the sense that it is absolutely, completely NOT CAPABLE OF PRODUCING THAT LEVEL OF PERFORMANCE... EVER....EVER... EVER...EVER...AND...EVER...NEVER...EVER...Ever.

    If you're ignoring me and the pm I sent you then I'm considering ignoring you because you're just as clueless as anybody who thinks his method is anything else BUT A FRAUD. He has violated every rule with regard to what you can say about profitable trading methods and if you don't know why exaggeration and overstating performance is bad, then you ARE CLUELESS.

    You don't have to be clueless. The data and the program. Go test it, and when you have your results you'll find them only marginally profitable if it's even still profitable. Most likely I'm still the only one that was able to turn a profitable backtest from all the worthless coding behind a less than 50 line program.
     
    #375     Nov 20, 2011
  6. No.

    If you are going the right direction, your trading account will reflect that.

    That is all that should matter to you.
     
    #376     Nov 20, 2011
  7. Dude, relax.

    You seem like a sincere sort, but I'm not taking any orders today. Probably not tomorrow either. No offense.

    RCG Trader has declined to help. That's enough.
     
    #377     Nov 20, 2011
  8. I did not decline to help, I did tell you what to backtest.

    If someone gives you something for free, then it is up to you to determine the value of it.

    If you cannot determine the value of it, then it is not valuable to you, and you should move on to other strats that can help you. The only thing JH cost you is a little bit of time.
     
    #378     Nov 20, 2011
  9. I tried on some recent data but my curve doesn't look right.

    http://imageshack.us/photo/my-images/97/try01.png/

    Shouldn't the curve go parabolic and then stay vertical?

    Can you post your successful implementation so I can see?
     
    #379     Nov 20, 2011
  10. The curve you posted will suffice. Now go turn that theory into actuality.
     
    #380     Nov 20, 2011