THE JACK POLICE ARE DOING A RAID.... MANDELBROTSET, TRADER666 AND ALMOST 20 YEARS WORTH OF JACK BASHING DATA .
A professional protfolio manager (who does trade for a living, btw) opines on jack hershey: Link "Do you do parties?" ... ROTFLMAO!!
It is better to let them alone and to let folks make up their own mind as to whether Jacks teachings are valuable or not. Some will not find them to be of value.... But some will.
Of course, rational people like yourself and 99% of the members on this site can think and act that way. But T666 and Mandel are mentally disturbed in such a way that they need to justify their existence and they cannot find any other way to do so. They came this far and they have amassed a motherload of information... even though they do not benefit in anyway nor does anyone else, they will keep going.
ROTF ... we all know Trader666 doesn't daytrade, which requires: a) an extremely narrow focus for short time periods b) high execution costs vs. profit margin, and c) low probability of success T666 has a life and is smarter than ... well, your average Hershey Stooge, so "T" does the position trading game which requires: a) a wide general focus b) extremely low execution costs vs. profit margin, and c) relatively high probability of success. When trading leveraged products, you just need to make sure you have sufficient equity and ability to sustain adverse overnight price movement. Cheers
Who's really lost their marbles? 1. Track Record a. Jack Hershey: -24% in trading contest b. William Eckhardt: Eckhardt Trading Company Standard Fund +15,345.06% 2. Mentorship a. Jack Hershey: Notable proteges include nwbprop and neoxx b. William Eckhardt: Co-founded Turtles with Richard Dennis 3. Profiled In a. Jack Hershey: ET b. William Eckhardt: Market Wizards, numerous newspapers and magazines, etc. http://www.elitetrader.com/vb/showthread.php?s=&postid=2445881#post2445881 http://www.elitetrader.com/vb/showthread.php?s=&postid=2444508&highlight=eckhardt#post2444508
The argument acutally sounds very cogent ... except for the fact that anyone who was rationale wouldn't be following jack hershey in the first place! :eek: And when it comes to amassing information, believe me, we've been trading our assess off. (hint PRICE ACTION) is the key to successful trading, not this price/volume algo that you keep going on about!
You follow Jack Hershey, you post links to what he has said time and again. Are we to believe that YOU aren't rational? Cause...that's basically what you are saying chief.
... and here comes Hershey Stooge #2. Nah, here is an example of a guy who follows jack hershey: Trust me folks, you don't want to be "that guy". :eek: