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Why not post some of your daily transactions and let us see in reality the
validity of the claims you are making?
-----Original Message-----
From: Docteur <docteur@xxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Wednesday, February 24, 1999 12:25 AM
Subject: Re: AOL, CSCO, & WMT
>Hi Guy,
>
>Don't get me wrong here but probabilities are for gamblers. If you
>would learn candlestick patterns and technical analysis per those two
>books I recommended you study, you could learn to trade profitably every
>day.
>
>Managing money is no more than learning to read patterns and setting
>your entry and exit points in the right spot. I buy bottoms and sell
>tops all the time. My mentor does it almost 100% of the time.
>Impossible? Nope. Gospel truth.
>
>Program trading is a waste of time. Keep going double or nothing and
>pretty soon it'll be nothing.
>
>You said you have the knack for picking the absolute wrong time to
>increase your positions. Well, so do most other people! But that's
>when those of us who know what we are doing short or put that stock you
>are buying (or vice versa).
>
>Again, it's not rocket science. Just tried and true patterns that have
>been working for centuries. Japanese candlesticks have been successful
>for more than 250 years!
>
>Guy, the truth never changes. It just is. What works then, works now
>because it's based on human psychology and crowd behavior. And we both
>know those never change. Just learn the patterns. Again the best place
>to start is www.securitytrader.com and those two books I recommended.
>
>The head trader at Securitytrader, Ryan Thomas, is nothing short of a
>trading genius. He grabs tops and bottoms with so much regularity you'd
>think he was psychic. He has taught me SO much in the last six months I
>can't even begin to tell you about it.
>
>I used to be like you. Selling bottoms and buying tops and then I got
>really angry about that and set out to find a way to make money everyday
>in the market. I knew there were people out there doing that and I was
>going to find them, hell or high water. And I did. They're at
>Securitytrader.
>
>Trust me on this. I earned 2600% on my account in November and 1200% in
>January (I took December off). I'm not trading this month so I can just
>focus on reviewing what I've learned to date and hone my skill even
>more.
>I know I can make money anytime I want, up or down because I don't have
>a system, I have what works.
>
>Listen, I'm an educated man and have made millions in other businesses.
>This stuff works. Don't take my word for it, go to the website listed
>above and just watch their picks for a week (that's thelength of a free
>trial). You'll be amazed at how often we take profits!
>
>I'm not an owner of the website but a paying member. But Ryan and his
>partner have taught me so much I could never repay them. So I tell
>everyone I can to check it out.
>
>I gotta go eat now. You're about the 100th e-mail I have answered
>today.
>Go for excellence and quit wasting your time with bullshit timing and
>probability programs. What we do works! Prove it to yourself.
>
>And remember, the truth will set you free...free to work when you want
>and how you want as often as you want. Remember, you can trade from
>anywhere in the world and if you're good at it, you can trade from your
>yacht anywhere in the world.
>
>Continued success.
>
>Bye,
>
>Doc
>
>Now darn it, check out what I'm saying and quit wasting your time with
>probabilities. I mean are you a trader or a speculator/gambler?
>
>Doc
>
>
>
>Guy Tann wrote:
>>
>> Doc
>>
>> Our trading methodology is a little different. We play probabilities and
>> try to stay in the market all the time. Either long or short the S&Ps.
>>
>> We have a 75% rate of profitable trades and generally do fairly well.
What
>> happens is that we start to feel omnipotent after making several
successful
>> trades in a row, and we start to double up on our positions as soon as we
>> could afford them. ALWAYS bites us in the rear. :) We seem to have the
>> knack for picking the absolute wrong time to increase our positions. I'm
>> going to start spending a lot more time studying the money management
using
>> our trading techniques.
>>
>> Guy
>>
>> -----Original Message-----
>> From: owner-metastock@xxxxxxxxxxxxx
>> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Docteur
>> Sent: Tuesday, February 23, 1999 7:55 AM
>> To: metastock@xxxxxxxxxxxxx
>> Subject: Re: AOL, CSCO, & WMT
>>
>> Hi Guy,
>>
>> Yes, the hardest part of trading is money management. With enough
>> effort anyone can learn to read patterns and trends but it's the
>> disipline and the managing of those trades (take small losses, keep to
>> your plan, set those stops {both profit and loss} that's the real part
>> of trading.
>>
>> Doc
>>
>> Guy Tann wrote:
>> >
>> > Doc
>> >
>> > I'm trying to just make the trades and not do the stupid things I
usually
>> > do, like doubling the size of our investments as we make more and
money.
>> I
>> > really need to work on money management. The system will take care of
>> > itself.
>> >
>> > Guy
>> >
>> > -----Original Message-----
>> > From: owner-metastock@xxxxxxxxxxxxx
>> > [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Docteur
>> > Sent: Monday, February 22, 1999 8:18 PM
>> > To: metastock@xxxxxxxxxxxxx
>> > Subject: Re: AOL, CSCO, & WMT
>> >
>> > Guy,
>> >
>> > The trick is not to be a bear or a bull but to ride the horse in the
>> > direction it's going.
>> >
>> > Ride the trend my friend and make money both ways.
>> >
>> > It's not wise to "be" something when that something isn't profitable.
>> >
>> > Proverbial is for philosophers, not traders...
>> >
>> > Doc
>> >
>> > Guy Tann wrote:
>> > >
>> > > Congrats
>> > >
>> > > Being the proverbial bear, I'm constantly amazed when my longs
>> > > continue to make money at these levels. Can't quite believe the move
>> > > today, but it's better than a sharp stick in the eye. :)
>> > >
>> > > Guy
>> > >
>> > > -----Original Message-----
>> > > From: owner-metastock@xxxxxxxxxxxxx
>> > > [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Greening
>> > > Sent: Monday, February 22, 1999 7:49 PM
>> > > To: Metastock
>> > > Subject: AOL, CSCO, & WMT
>> > >
>> > > All,
>> > > Not a bad day <G>. I wasn't surprised when my buy stop for CSCO
>> > > was hit at 98 5/8, but I was definitely surprised when my buy stop on
>> > > AOL was hit at 165 1/8. That was 5 points above Friday's close so I
>> > > didn't even send the AOL chart out Saturday. Then it went on and
>> > > gained another 8 points after it hit my buy stop. Talk about
>> > > momentum!
>> > > HD didn't hit my buy stop, but WMT barely closed at a new all
>> > > time high. Therefore, I'm going to cancel my GTC buy stop on HD and
>> > > buy WMT in the morning instead.
>> > >
>> > > JimG
>
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