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Guy,
You miss the point. I do not have a system. I trade with the market,
which has no system.
Lose your mind and come to your senses. Contrary to your "belief
system" you can buy low and sell high with unbelievable consistency.
Unbelievable because it isn't a belief "system". It's simply what's
there in front of you, if you learn to recognize it.
Doc
Guy Tann wrote:
>
> Rick
>
> I was being kind. I wanted to see what this wonderful system was. I mean
> 2600% in one month! Wow! That post sounds like the time my dad called me
> all excited. He was jabbering on about how he had found the perfect system.
> Worked great. No losses! I, naturally, asked him what it was, and his
> response was: "Buy Low, Sell High!" Then he cracked up. My response was to
> ask him to wait a minute while I found my pencil, so that could write it
> down before I forgot it. :) I guess you needed to be there.
>
> Makes my Mickey mouse trading system look puny in comparison. I can't ever
> imagine how even I could screw up that trading system (that's not a trading
> system). :) Well, by pyramiding, I probably could.
>
> I remember what my dad told me as a young child. If someone comes up to you
> on the street with a sealed deck of cards. And he wants to bet you that the
> Jack of Diamonds will jump out of that deck and spit in your eye, don't take
> the bet. Regardless of how impossible it sounds, he knows something you
> don't know. Reminds me of the old adage about if it sounds too good to be
> true, it probably is...
>
> And yes, I do play poker and bridge, but haven't for several years because I
> couldn't get my wife interested in the bridge part. My dad's a life master.
> I played a lot of side tournaments as a kid with my mother when he was
> playing in the big room with the likes of Sheinwold, etc. I can't remember
> his name, but as a kid, watching the guy in the iron lung play always amazed
> me. Before I got 5 black points in local competition, I had 25 red points
> from all of those national tournaments.
>
> By the way, I dug out your old post to me about money management and shipped
> it onto my brother to see if I could get him to do something productive for
> a change. His last contribution was to suggest, the day before the big up
> day, that we should follow this 'special signal' of his that said we should
> go short. What a trade that would have been. I decided that since our
> intermediate trade was to the long side, and our short term trade was also,
> it didn't make a lot of sense to go against our other two signals. If I had
> listened to him, we would have lost almost 40% of our capital in one day...
> No wonder we're always starting over again. :)
>
> We are going to aggressively take control over this aspect of our trading.
> While we don't make anywhere near the 2600% a month, we do fairly well, so
> we'll just stick with our trading system.
>
> Regards
>
> Guy
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Rick Mortellra
> Sent: Wednesday, February 24, 1999 1:17 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: AOL, CSCO, & WMT
>
> -----Original Message-----
> From: Docteur <docteur@xxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> Date: Wednesday, February 24, 1999 2:12 PM
> Subject: Re: AOL, CSCO, & WMT
>
> >Don't get me wrong here but probabilities are for gamblers.
>
> I would say they serve Steve Wynn quite well.
>
> >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!
>
> Tell that to the Japanese. They need the encouragement, trust me. ;-)
>
> >I earned 2600% on my account in November and 1200% in
> >January (I took December off).
>
> Pray tell, exactly what securites provided you with these roulette-type
> odds? And what leverage, if any, did you use?
>
> >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.
>
> Why Tickle Me Elmo! That's a good one! Tell me another!
>
> >Listen, I'm an educated man and have made millions in other businesses.
>
> On a roll now. Somebody stop this guy!
>
> >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.
>
> Punchline!
>
> >I gotta go eat now. You're about the 100th e-mail I have answered
> >today.
>
> I get it, this is the "skill" you've been honing during your month off.
>
> >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...
>
> Yeah, free to hit the DELETE button.
>
> >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
>
> Great traders/investors/whatever tend to be great high stakes poker/bridge
> players. They also tend to be great at math and fairly secretive regarding
> their trading business.
>
> On the other hand, I would suspect YOU tend to be a great carnival hawker in
> the greatest show of the century.
>
> bye,
> Rick
> Tokyo, JAPAN
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