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Re: "Systems" & Money Management



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<P>Al Taglavore wrote:
<BLOCKQUOTE TYPE=CITE>Robert,
<BR>Blackjack is the one casino game by which the odds can shift to your
favor.
<BR><FONT COLOR="#CC0000">&nbsp;As cards are played from the deck, the
composition of the deck changes,</FONT>
<BR><FONT COLOR="#CC0000">and thus the odds change.</FONT>&nbsp; As opposed
to dice, where the odds remain the
<BR>same with each roll because the numbers are always the same on each
die.
<BR>Yes, we have four riverboat casino's in the Shreveport/Bossier area,
and my
<BR>office is only 5 minutes from three of them.

<P>Al Taglavore
<BR>&nbsp;</BLOCKQUOTE>
Hi Al, the highlighted portion of your message is what I am suggesting.&nbsp;
As the odds change, one can calculate based on knowledge of the remaining
deck.&nbsp; But I am still trying to understand how this might apply in
context of "money management"&nbsp; to which Rick referred.

<P>Just for kicks, proximate to the gaming industry that you are, do you
think most securities "traders" would also engage in casino gambling or
not?&nbsp; How about "investors?"
<BR>&nbsp;
<BR>&nbsp;</HTML>
</x-html>From ???@??? Wed Feb 11 07:49:33 1998
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Vance, Harvey,

> Does anyone see a way around this? Any help will be much appreciated.

Having had the same problem, I am using a trailing stop instead.
Hope this helps.
-- 

Alberto Torchio
 Torino, Italy