Questions to Jack Hershey

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

  1. He did release a trading version of it that Trader666 and anybody else who backtests it knows isn't profitable.

    PVT is a myth. And I don't know why whenever anybody talks about Jack's method that they always have less than 1000 posts when they do mention in the affirmative to have traded it.
     
    #711     Dec 26, 2011
  2. Depending on where that is in the thread, there were later versions I modified, removing particularly the exit on close. So I'd made modifications for it to work.

    I don't care how many people have downloaded it, because that is the exact method Scottd wanted to forward test but couldn't because Tradestation's datafeed does not support the ticker symbol it is intended for, and since many probably read that thread, even less understand that that is Jack's method.

    They'd understand more if they downloaded that, stuck it into wealth lab, but most traders don't use that product, so my suggestion to them is to take Scottd's cash cow last version and take the Ascii datafiles for the real symbol .SPX 5 minute then analyze whether the backtest is profitable.

    This isn't complicated to test a 100% objective method, and as I've tried to emphasize, Fidelity Investments is the only place you can get Wealth Lab, and the only place that has index options data in a continuous form, so if that sounds too hard for you, nothing less should be expected from Hersheyites sticking their heads into the sand whenever evidence to the contrary rears up.

    And that is as Scientific as evidence can get. There's no reason to read all the drivel on these message boards. That is the method, and if you aren't convinced, then read my perl code, compare it to scottd's, modify one of the two, and make sure you load the data from an ascii formatted dataset and see if it doesn't reach out to you, because there isn't anyone on here that has ever posted performance statistics data therefore it is out of public domain in the realm of faith based trading, and faith based trading cannot ever be profitable until proven otherwise.

    To deny this is to deny the scientific method, and unless kpwrmixer comes up with backtests it's still useless to even debate whether Jack Hershey's method works or not.

    You are a useless defender of a senile old man, nkhoi, and since you like to delete evidence what would have made your contribution much better as a moderator is to actually post the link to that thread.
     
    #712     Dec 26, 2011
  3. nkhoi

    nkhoi

    clear evident of you don't understand how ET works
     
    #713     Dec 26, 2011
  4. No, there are heavy handed moderators, and when it comes to Hershey, you are one of them.

    The post I made on Christmas Eve was very explicit, not that I used cuss words, but that it got under your skin that I know so much about his method that I can't stand hearing Jack misleading other people.

    I'm still waiting on backtests and tradeslists. Without those, this is all fake, except for what I've done and referenced in these threads.
     
    #714     Dec 26, 2011
  5. Let's talk shop Jack ... This isn't a sleepy shop, no time for siesta.
    We are open for business ... then fiesta.
    Look in the Windows of the shop, everything on display
    This is a cool place to window shop.



    [​IMG]
     
    #715     Dec 26, 2011
  6. baro-san

    baro-san

    Would you mind to summarize it here? It really seems that you don't know what you're talking about.
     
    #716     Dec 27, 2011
  7. v34rm

    v34rm

    Please notice the Up/Down words , where are the left right .....hahahahaha..... Snake oil salesmen:D
     
    #717     Dec 27, 2011
  8. I keep looking for sideways. Is it on the flip side of the cheatsheet?
     
    #718     Dec 27, 2011
  9. its a two headed coin. Keep flipping
     
    #719     Dec 27, 2011
  10. If it would have said increasing and decreasing the secret
    would have been given out. Next time bring your secret decoder flashlight to class
     
    #720     Dec 27, 2011