what's your Jack Hershey trading system win/loss ratio ?

Maybe Jack Hershey mannequins? I think there are only a few hundred in existence.

 

....says the oh wise and great obi wan kinobe

 

hurry before the tape burns up ...





<param name="movie" value="http://embed.break.com/MjA0NDIxNA=="></param><param name="allowScriptAccess" value="always"></param><embed src="http://embed.break.com/MjA0NDIxNA==" type="application/x-shockwave-flash" allowScriptAccess=always width="464" height="376"></embed></object><br><font size=1><a href="http://www.break.com/usercontent/2011/4/15/mission-impossible-squirrel-2044214"

 

I don't trade the ES.

Optimizing ones trading doesn't mean getting greedy. I make as much money as I need as safely as possible. There is more money in my system per chart but I don't need it. If I don't need it why extract it. I know that has to wax your ass but that is why each trader, like each person in this industry is an individual and different. Some of us have been trading for years and will continue to many more years to come. Some come and go in the blink of an eye. Some have respect for others, some have none. Look at some of the posts following yours for examples of that.

I do donate lots to charity.

 

I see explaining chart size is a loosing battle so . . . yes, it's nonsense.
No one makes 8 points a day.
All of us day traders that have been trading for 15 years or more are the reason the economy is in such a mess. It is all of our collective borrowing to feed our habits.

(Not everyone trades the ES. I can think of 25 other charts I would rather day trade)

 

It isn't what I am trading it is the chart size that effects my lot size.

 

To Pekelo - Dear Pekelo, You are one of the few good contributors on ET and I completely agree with applying a bit of positive skepticism to things you read on web. However, the fact remains that Colyn is the only guy who got us some hard stats about JH's methods. So, lets not get too forceful in raising doubts, even though capturing 8 points per day over a 3 yr period does seem very very improbable!

Cheers

 

Holdon, what do you mean by 'chart size' ? Are you referring that you are trading high frequency sub minute/tick based charts and thats why you restrict yourself to 3 cars per trade, and additionally (and I am implying this) you trade a large number of times during the day ?

 

.... but its his turn to ask the same question.

 

I agree but NoDoji is someone in this forum you could look to for patiently showing you what is possible in SCT.

I repeat, for the English challenged in this thread. I DO NOT TRADE SCT BECAUSE IT MAKES MY HEAD HURT! I don't use Gann, Fibs, Bands, Sto's, MACD's, Moving Averages or any other of a hundred other pieces of crap indicators most of you use either.