not trading it,not trying to start an argument,just pointing out a huge character flaw that's behind 99.9% of traders blowing out,you can get rid of it on your own or let the market kick it out of you,final answer,the wall listens better
These things come with getting closer the expert / 10,000 hour mark. I know how bwolinsky trades, as he is an adherent to another one of my mentors. If he in fact does average down, he is breaking a cardinal rule, he will reap the appropriate reward. Then, just be there to pick up the pieces, if he chooses to come here and share.
C min D is "CCD". D max C is "DDC". It should be the dom leg of the trading fractal, but I found "DDC" could be non-dom. Did I misunderstand D max C and C min D? Are they triad cases? 28 Sept 2011 chart showed the ideal case of D max C (the FTT of the up TF) 26 Oct 2011 chart showed the non-ideal case of D max C (the D max C was non dom)
Am I the only one that can't get through one of Mr. Hershey's posts without litterally laughing out loud...?
The feeling is mutual. As far as this thread's concerned I have his strategy, and have backtested it. It will not ever pay off the national debt or profit anything close, because it is a mediocre excuse for a trading system that if you want to test why Jack's strategies only work on .SPX data and have never worked on ES data then you know where to find the data that does work, and you'll also find his system with more than verbose ranting needed to shut Hershey down with his fraud method of obfuscation.
Whatever! I am thinking strongly about posting his system here, but I'd rather people work harder than realizing the rant is all you'd ever need to determine Jack Hershey's Fraud Method's validity. Seek and you shall find. You won't ever get through to Jack Hershey because he is sly and cunning just like the Devil, and if the Devil's in the details you'd be shocked at how simplistic his method of trading is, and even if you don't want to recognize that I have produced backtests already on his method, I also know that it is out there for people to test themselves but they must do so with the right data and only the data in that epitaph.