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Yuki,
thank you for the interesting [as usual] reply.
In my opinion, B&H is for investments, else does not exist more than
a theoretical number.
I never invested any money, waiting to see them more without doing
anything. Consequently, for me B&H does not exist.
If I make a +10% and the market, for the same period, makes +20%, I
am so happy for my +10%, since I could NEVER get the 20% from the
moment I do not invest money.
The whole story is to make another +10% when the market makes a -20%.
For this simple reason I need simple [or sophisticated] analysis
[technical or not].
My smoothed RSI goes to the same direction and this is the main
reason for the respective message.
Dimitris Tsokakis
--- In amibroker@xxxxxxxxxxxxxxx, Yuki Taga <yukitaga@xxxx> wrote:
> Hi DIMITRIS,
>
> Tuesday, January 13, 2004, 10:16:31 PM, you wrote:
>
> DT> "IMO, if you can't beat B&H, why subject yourself to the
> DT> emotional stress of trading?"
>
> DT> Yuki, do you really mean it ? I would be more than happy if I
was
> DT> following B&H from 1997-2000 and then make a double from
> DT> 2000-2003, when B&H went fishing. Take a closer look at
> DT> http://groups.yahoo.com/group/amibroker/message/56593 and,
> DT> perhaps, you will agree. It is obvious that we never know when
> DT> the B&H will turn against us. This is a great reason to expose
> DT> ourselves to the "emotional stress of trading" and I think you
> DT> know it very well... Dimitris Tsokakis
>
> What I know very well, I think, is that one needs to beat B&H over a
> substantially lengthy time period to justify trading. If B&H beats
> you over the long haul, you're wasting your time, and maybe your
> money. The problem is that one person's long haul is someone else's
> something else. Sure, we never know when the market is going to
take
> off on a tear. But if we can't beat the market over ten years, what
> are we doing.
>
> Yes, I meant it.
>
> Yuki
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