LOL, you're questioning spydertraders 40 contract trade where he caught the high and low of the move? Hey, if he said he did it, he did it. If those trading results are questioned by any of the readers here who bring them to the attention of the SEC and they are found to not be true, I'm sure it would shut the Jack Hershey Starship Trading Bootcamp down for good here at Elite Trader. I don't think they would take such an irresponsible action on these threads. :eek:
Oh shit. LMAO ... if were them I'd seriously be trying to prove us wrong, because all of the empirical evidence says you are correct.
<a href="http://tinypic.com" target="_blank"><img src="http://i37.tinypic.com/w0has.png" border="0" alt="Image and video hosting by TinyPic" width=800></a> Do I have your permission to download this chart so I can mount it on the dashboard of my '78 AMC Pacer?? That is way too cool. Thanks in advance.
A very concise summary of SCT from someone whose rants remind me of Jack's posts. http://www.youtube.com/watch?v=XREnvJRkif0
I think Spyder has a system on C2. Let me see if I can find it.... OK, it is mildly profitable, Sharpe is 5.6 and winning ratio is 66%... Not bad. There are better systems there than that, but for proof it should be enough, that at least someone can make Jack's system work...
Oh please... after 7 1/2 weeks and 263 trades it's made a whopping $1264 BEFORE COMMISSIONS. What a ringing endorsement. ROTFLMAO!!! http://www.collective2.com/cgi-perl...863&session=138827226218746148631782013364241 Click on the "see all" link in the system developer section where it says: Vendor has created 3 other systems. (See all) And you'll see 3 more great systems -- NOT! P.S. The system's called spyder and it claims to use "Jack Hershey's method" but the developer calls itself Pedro Pannon. Probably an alias for deniability when it blows up like the other systems.
DO YOU SEE ALL THE PRETTY COLORS ON THE CHART PRIVATE? Sir, yes sir! DO YOU KNOW WHAT THOSE COLORS MEAN PRIVATE? Sir, those are the gaussians sir! BULLSHIT PRIVATE!, YOU WILL DROP AND GIVE ME TWENTY! AND THAT GOES THE SAME FOR THE REST OF YOU MAGGOTS! WHEN YOU LEAVE MY BOOT CAMP YOU WILL BE REAL LEAN MEAN SCT TRADERS! http://www.youtube.com/watch?v=t8Nf1MK7lts
That is probably $1264 more than what you made. But anyway, according to the vendor, the system was rescaled, thus the statistical discrepancy. According to C2, it still wins 2 out of 3 times with a higher than 5 Sharpe..... It might not be a very good system, but so far it has been profitable. That's what you guys wanted from Jack, right?