You know the more I hear that I don't understand Jack Hershey's method the more insulted I get. <b>I completely understand his method, but it's not as robust as he claims. There might be refinements I would have to make to get it to those levels, but 6 month backtests on double leveraged products netted $90,000 off $10,000 and if that's what Jack calls a "jump in networth", I do have that method, but I don't like how it is implemented, and if you think I don't understand him, you're completely mistaken, because there is only one thread that debates his methods with the actual performance statistics required to avoid being just another imbecile who takes what that madman says at face value.</b>
Maybe you can claim to make 5x's daily range with no loss. If you never have to produce anything to make the claim, why not?
Hey, I wish everyone, trolls and cult, Merry Christmas and Happy New Year. Want to see something very common? Context: Prior bar sentiment B, forming bar: SYM (V down) >> SYM (V up) >> FTP (V up) >> XB (V up) >> Spike down (V accelerate decelerate) >> XB (V down) till close. Figure out the rest. Nevermind if it does not make sense to you. Tikitrader, this is specially for you. Don't try above if you are a beginner. Drill on MADA end of bar with nested parallelograms and Jokari Window and IBGS first. If it is still too hard and confusing, try PVT's stock selection and cross trading using quote sheet with 30-min Unusual Volume Correlation Table where all of the trading rules are clearly stated. SCT has no rules if you do not know. TYVM, JH.
Jingle bell, jingle bell, Santa Claus IS coming to your house on Christmas Eve! Pause...I think you prefer Jack Hershey instead. Jingle bell, jingle bell, Jack Hershey IS coming to your house on Christmas Eve!
As I was reading your post the overwhelming stench of poop became unbearable... I must have stepped in shit as my shoes appeared to be covered In it. Or maybe I just stepped in your post. Merry Christmas to you too Keep the change you filthy animal
I guess you're strictly referring to swing trading quality stocks using Hershey's tweaked MACD and STO. Anyway, one should avoid being so definitive. It may not be the teacher's limitation, but the pupil's.
I have the method, coded the logic and backtested his theories on the only thing it works on: .SPX index options for s&p 500 only available at Fidelity in wealth lab pro. There's no other symbol that can make anywhere near the level of profit jhfm people claim. Jhfm: Jack Hershey Fraud method.
Did you ever code the stock method as taught by Spyder? Hard to imagine an unprofitable variation of that simple system...