As anyone on here who has read the posts I've made about shocking stuff to loosen them will know I'm a big fan for applying shocking forces intelligently. However simply hitting things very hard, or failing to appreciate damage may be caused to other parts from transferred forces, will often end in tears. If you're going to apply useful forces to the track rod locking nut then I suggest you place a large and heavy object on the other side of the nut before hitting it - Like this for instance:
View attachment 448615
On the left is my 4lb club hammer and on the right is my 1lb ball pein. Rest the club hammer against one of the flats of the nut and clout the opposite flat with the smaller hammer. This has two advantages over just hitting the unsupported nut:
1. Much less destructive force will be transmitted into the track rod end, the inner ball joint on the end of the rack and the steering rod itself as the force will be concentrated in the nut and absorbed by the club hammer rather than the side rod, track rod end and rack.
2. Much more beneficially, the nut will be slightly, temporarily, deformed with every hit which will greatly assist in breaking the rust and helping releasing oil to penetrate.
I find it very helpful to move the hammers around so you're not always hitting on the same two flats only - of course you need the club hammer to be directly opposite the striking hammer at all times. Also you don't need to hit the nut "stupidly" hard. Just hit it "smartly" and often. Repeated moderately hard tapping is much better than hitting it very hard but only a few times.
PS - The nut and bolt in the illustration is there just to illustrate what I mean, it's not actually a steering component!
@portland_bill - Nigel, you may recognize the big bolt? - or maybe not, there's nothing particularly unique about it. It's a Daf variomatic belt tensioning bolt, the one you tightened up to adjust the belts, don't think I've ever come across anything as long on any other vehicle? The nut is just one I found lying about. Would you believe I've got 4 of those adjusting bolts? The only parts left from the extensive stock of used stuff I had when I owned my 33 van.