Questions to Jack Hershey

Paddllurker, what is it that brings you to ' questions for the master'
When it is answers that of which you provide ?

 

I always figured the Hershey foule watched five minutes because it took them that long to figure out what the market is doing. As to subleties, there is only time, bid, ask, last and size. Anything more is fevered imagination. What is hard about that?

 

Great to see ET back to normal

 

Thanks for that.

Just relax....... I buy weakness after it starts to get strong and sell strength after it starts to get weak.

I've been thinking of averaging down long calls when the underlying is getting less volatile, sitting on a moving average, while another moving average curls up into a certain shape, along with a certain momentum indicator........ It's worked great in the past but I had no way of backtesting the price of callz

 

Or there is no secret but the code Scottd and I created, with mine having the only profitable backtest.

A 50 line method is not anything but a curve fit even if you do get profitable results. There is no method outlined in this thread, therefore you couldn't derive anything related to the profitability of his system here.

These diagrams and chicken scratch do not provide any quantitative logic and if you're into being mislead have on with the Hen's Writings.

 

ME is still the central point in the majority of your post's,no matter what system you come up with, this ME weakness takes all traders down,you need to work on it now,not someday

 

Jack Hershey's method has already been backtested and brought to light for over 3 years now.

Reference the thread from the rant, gather the data in the thread, backtest his method using that data, and then come talk to me.

Someday? It's been over 3 years now.

And, yes, me, because I have done more to test his strategies than all these other nothing aliases ever have. If you want the method, it's there, and if you don't understand why data plays such a vital role in determining profitability it's how I know who the clueless in the Jack Hershey threads are, which is nearly all of them that haven't outputted performance metrics like mine in those threads, or anything like win percentage, profit factors, APR's, or the typical performance chartscript wealth lab has including APD stats. If you're not finding those statistics here it's because I'm the only one who ever did them, and, thus, having not seen anybody else with anything resembling profitable backtests of his method the poor souls who get attached to Hershey by reading his mumbo jumbo really need to get a life, and just read the thread that actually has already debated and put to rest the Jack Hershey Fraud Method, which includes rampant obfuscation and practically no substance or even anything with what every trader wants to know which is how profitable his system is.

It's not profitable enough for me to want to use it, and as far as it paying off the national debt a trader must earn enough money to make it worth their time to earn that much, not depending on the government to lose money with worthless pieces and snippets of bullshit code.

 

you wear your ego like a pimp hat,your making a fool of yourself http://www.youtube.com/watch?v=tB2ZZgbmZ2U

 

A one second chart evolves at the rate of a normal fat old man's heartbeat. The only problem occurs when the market is slow and skips a beat. When that happens I pretend that it is a really good orgasm. As to Jack's point direction, it is straight out of the screen and into the blue. Smart money? On the linesides.

 

All right, ammo.

Please tell me how your Jack Hershey backtests are. I know you don't have any forward tests with it, and until you output data that has any remote similarity to what I've already produced, then you don't know anything about the method and though I feel you're a knowledgable trader hanging onto Jack Herhsey's Fraud Method just to get into an argument with someone who has already backtested it I don't really understand your motivations.

If you'd like to use the method, or can produce performance statistics about it, please do. Until then this thread is another grasp for attention by people wanting to hear Jack Herhsey speak who has no ability to give you straight answers.

I have those answers, and I had those straight answers since 2008. Go look them up, and do your own backtests using the data out of Wealth Lab Pro. When you have done so, only then will you cease to be clueless, because I've done those backtests expecting lunatics attracted to Hershey's pedantic idiosyncracies to learn what actually can produce any evidence of what he's trying to present, and also produce evidence that's entirely scientifically based and in a format most people would expect such a trading strategy to be in.