Jack is dead and gone. RIP. I never understood his concepts when I looked at them. Although I have to admit I really didn’t study them. At my age I don’t have too many more years myself. But look at it this way themickey at least you will have my posts to mull over! ROFL. And poke fun at! It will keep that brain of yours nimble as you sip on coffee waiting for your stock to arise from the ash heap of history. Patience ole boy patience! Your boat will be coming in, or sinking, nobody knows which. LOL
You’ve lost nothing. I’ve read something by ‘jack hershey’. Although he represented himself like elderly man, his speech is very good known for everybody, who has or had children of teen age. Zero tolerance to criticism, absolute assurance in self rightness, graph mania, etc. And of course guruism, desire to attract the attention of beginning traders promising the power of indicator, that lead the PA. Classical set. So I doubt that he passed away, more probably he tired from ET and switched his ill-poisoned ego to another online community, not necessarily trading one.
KISS is what to aim for in trading, not complication. When it takes multiple posts and pages to explain trading methods, then it's too complicated. JH went down that rabbit hole. There's actually an interesting thread going atm, 'Price action , support resistance does not work in ES', where VSTScalper makes some interesting comments: And
ET member Jack Hershey died November 3, 2014. He was 81. Fwiw, IRL, his first name was John. I am a practitioner of Hershey methodologies every trading day. Thank you Jack! RIP.
with all respect, Sir, have you visited the funeral? have you seen by your eyes or just read message on board? BTW, such kind of discussion is clear offtopic in this awesome thread, so you can answer via PM if you want...
YOU are the one that brought up YOUR bullshit about Jack, his work, and his death. YOU are now challenging the very simple fact of his death? I have no interest in PM'ing you. You have made YOUR failure with JH methods and YOUR dislike with JH known in other threads. I suggest you get over it.
Everyone, no matter whom, makes a contribution to life in one way or another. But taking an example of trading, bar by bar analysis imo is time consuming, detailed, over complicated. But simple for some is not easy. Not saying you guys are noobs, but it's a very common mistake to think more complicated means better results. You see it in the charts some display, hundreds of lines. "Bollocks" to that. When all you want to do is go from A to B, why design a complicated bycycle?
My suggestion, learn to trade from data, not charts. I own zero charting software (no longer look at Amibroker which I once owned). I use zero indicators, never ever plot a line on a single chart. I glance at charts briefly to confirm my data, that's all. My trading displays are data only, numbers and letters, far quicker, easier, greater depth.