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Read the book "Reminiscences of a Stock Operator" by Edwin Lefevere.
Trading is a one man operation, and by no means do you tell anyone about
your position in the market. That's the way the game is played. If you
don't like it, find another game.
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image moved metastock-list @ metastock.com
to file: 09/18/97 10:39 AM
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To: kornberg @ cryptic.rch.unimelb.edu.au, metastock-list @ metastock.com
cc: (bcc: David Radtke)
Subject: Re: Trading Education For Me
At 11:40 PM 9/18/97 +1000, Andrew J. Kornberg wrote:
>Hi,
>
>I wonder whether the contributors to this list can step out their routines
>in preparation for trades, and identifying possible stocks.
>
>I love the explorations put up, but actually want to go back a step.
>
>My steps are as follows:
>1. I download the end of day data
>2. I run the "Brady Exploration" on all the stocks.
>3. I look at the hits.
>4. Most of the time, there are few hits so I run an exploration where
there
>are higher highers, higher lows, and increased volumes.
>5. I look at the charts, and make a short list
>6. Trade.
>
>Is this what the majority do?
>
>If not, what do you do? What initial explorations do you use? What other
>advice do you have for the wanna bees!!
>
>I'm just trying to learn different strategies, anything that can me trade
>better.
>
>Thanks.
>
>Andrew
>
>
>Andrew
>_______________________________________________________________________
>Phone: +61 3 9532 7714
>Fax: +61 3 9822 0955
>email: kornberg@xxxxxxxxxxxxxxxxxxxxxxxxxx
>_______________________________________________________________________
>
>
Andrew -
Wishing it were not so, I'm afraid that it is common for our genre to
*not* share their strategies. Jim Greening, who is very open in what he
does and how he does it, is a bright exception to that dark hole. There
are others here who, less frequently, tell us what they are doing and why
they are doing it. I used to update my web site on a daily basis with full
details of my strategy, but that has fallen by the way due to more pressing
areas in my life.
In my opinion, it is a basic fact that there are givers and there are
takers, with far more of the latter. That is life. We all know of
THMurrey and the various complaints he sourced. Whatever distraction he
caused this listserve, he *gave* of himself, something I consider of great
value.
I'm glad that you brought this up and shared your strategy. Hopefully
others will follow suit and give of themselves, even if that be a
beginner's question, one that all of us who already know the answer asked
at some point in the past.
-- Frank :-)
High Return on Investment using Technical Analysis
http://www.usinternet.com/users/fbg/
Minnesota Long Distance Canoe Racing
http://www.usinternet.com/users/fbg/mnlong/
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