I STRONGLY warn anyone who is even slightly curious of Hershey or even if you accidentally stumbled upon a post of his... you may be under surveillance. Trader666 and Mandelbrotset stop at nothing to uncover and expose anything or anyone that crosses Hershey's path!!!!!!!!!!!! So I would urge anyone who may be in question to get this book now!!! Just gonna pull a Trader666 here and repeat this one cause it got lost behind all of the usual t666 bullshit
What others say about Jack: http://www.elitetrader.com/vb/showthread.php?s=&postid=2416646&highlight=jack#post2416646 http://www.elitetrader.com/vb/showthread.php?s=&threadid=113310&perpage=6&pagenumber=2009 http://www.elitetrader.com/vb/showthread.php?s=&threadid=163744&perpage=6&pagenumber=3 http://www.elitetrader.com/vb/showthread.php?s=&postid=1608274&highlight=annoying+bore#post1608274
Roughtrader started his journal 03-25-09 11:07 PM and since then Jack Hershey's claims about his performance have gone from: 04-23-09 01:26 PM "For SCT like trading, rough trader takes 1500 dollars to 94,000 dollars" http://www.elitetrader.com/vb/showthread.php?s=&postid=2399521&#post2399521 To: 04-26-09 06:51 PM "Bottom line: looks like roughtrader makes 20,000 a month on two contracts average while scaling out of entries on his ATS" http://www.elitetrader.com/vb/showthread.php?s=&postid=2403231#post2403231 To: 05-22-09 07:28 PM "Rough trader is only making a couple thousand a month on a couple of contracts. He needs to make one adjustment to make 20,000 a month. He needs to add 18 contracts to his trading cars" http://www.elitetrader.com/vb/showthread.php?s=&postid=2437715#post2437715 You can try to spin that any way you want but it just goes to show how detached from reality your posts are.
I submitted Jack Hershey's system to Futurestruth.com after a mod to the volume for ES contracts. I also believe some mods to the buytocover calls and the sellatmarket calls are needed. Jack would have been well served by just posting his system a long time ago. At the time it had only made 26k in the last three years on 1 contract. So it's very doubtful that it even came close to 20k a month. Maybe on 20 contracts in a good month. I also took the liberty of removing the sell on close, that doesn't help.
What a GOOD DOG you are suma66!!! <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2448689>
Good dog, ratshit, good dog! Now post some desperate psychobabble in a lame attempt to make the B Team stop in your obsession to protect your master, Jack. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2448515>
Yes, because Jack's current version didn't work, but had periods that looked amazing. Mostly they'd have a couple large drawdowns and that's it for the profit. Removing the sell on close was the first step. Optimizing the volume for ES contracts was the next, and now I'm at the point where I have enough data to optimize a couple of the stochastic exit conditions. We'll know tomorrow whether it worked or not with just the sell on close and the optimized volume conditions modified. So, yeah, with mods it works, without them in its current form not a chance in hell of working.