[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

RE: Manasco



PureBytes Links

Trading Reference Links

John, thanks for the reply.  I have been at this 3 years or so now, and use
mainly Advanced GET and MSWIN.  I also have AIQ and tried OT for a while.  I
am one of the guys who started the new Gann group on the Australian site,
and am just embarking on learning Gann trader 2.1..

While I am adept at much of what MetaStock and GET can do, I am still a
beginner.  I say this because while I can manage a trade well once I have
entered it [I trade off weekly and daily bars, and may stay in for a year or
more- my only active issue right now id CSCO which I have held for well over
a year], so long as the time horizon is relatively long, I have nothing like
a "trading system."  I can scan and explore and come up with candidates
based on TA alone or TA and FA [I used ProSearch quite a bit and liked it],
and I can select exit criteria.  But I cannot do well with entry criteria
when I am looking at a lot of issues as candidates, I don't pay attention to
reward-risk except very imperfectly, and I have other faults too numerous to
mention.  One big one is a lack of practical understanding of options.

What I see on this thread, and why I commented to you, is people who know
how to trade day in and day out-  who have trading systems annealed and
tempered by experience and market savvy.  This is the level I aspire to.
I've got my head down and am facing into the wind.  people like you and many
others will help keep me on the right course.

Al Stephens

> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of John Manasco
> Sent: Saturday, August 22, 1998 3:06 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Manasco
>
>
> Alton Stephens wrote:
> >
> > John, thanks quite a bit for this.  I have been following your
> posts, and
> > those of several other clear market veterans for quite a while.
>
>
> Alton
>
> I don't think of myself as a clear market veteran as much as just a
> loudmouth. I am trying to stir up some discussion here and my reasons
> are selfish -  I want to make more money than I'm making now. I also
> want to have more fun doing it, and this is fun.
>
> If you don't think you have anything to contribute because you're new
> you're wrong. A good contribution would be to ask someone why they use a
> certain indicator you're interested in. Maybe they see someting in that
> indicator that I or you don't. I know lots of people on this list are
> using indicators that I don't understand in ways that I don't
> understand. You're questions might just pry some useful information out
> of someone.
>
> Good trading
>
> John Manasco
>