|
PureBytes Links
Trading Reference Links
|
Hi Gila,
Thanks for your e-mail. I trade like you. One or two stocks at a time.
Please see my post to Rick just put up.
Good luck to you.
Doc
Gila Brock wrote:
>
> David Walton wrote:
>
> "You actually posted a POSSIBLE scenario where a person MIGHT have made a
> butt load of money.
> But you didn't say that YOU did this and you CERTAINLY did not post
> anything CLOSE to "proof of trades"
> as you assert."
>
> Here, here. As a daytrader, I concentrate on one trade at a time. While
> that trade is unfolding, I am not watching all the thousands of other
> charts unfold. Inevitable, I notice better trades that I "should have"
> taken had I even seen the chart! But this is the experience of every
> daytrader I think. Many "famous" daytraders have talked about the "trade
> you weren't in" being the great one. There's are just some human
> limitations in real time trading. In hindsight, however, one can really
> pick out the great trades!
>
> "I am going to assume you are well intentioned and not trying to raise
> business for this not-so-reputable web site.
> (I say that because it is most DEFINITELY NOT reasonable to take someones
> credit card number for a "FREE" trial.
> As a matter of fact I think it smacks of fraud and might be enough to
> attract legal scrutiny. anyway...) Assuming you
> are a good guy may I point out that trading as you do IS VERY RISKY and
> that 2 months of trading that way IN NO WAY
> PROVES ANYTHING, except that you most certainly have been LUCKY. Maybe
> you ARE on to something, TIME WILL
> BE THE JUDGE. I strongly urge you (a good guy) to tone down; you might
> be due for a few bad trades next, like we ALL
> hit from time to time. Will you come back to this list telling us of
> your losers then?"
>
> There was recently a similar incident on the RealTraders list, as those
> of you on both lists will recognize. A person, claiming to be a 16-year
> old boy, wrote in that he turned $3000 into $21000 in one month, and now
> knows "the secret" to making tons of money. In fact, he wanted to quit
> high school since he obviously didn't need any more education. Anyway,
> the list didn't react too kindly. They attacked his credibility, wanted
> proof, etc. etc.
> Personally, I don't care if this kid or Doc did it or not. That's their
> business. What I completely agree with is that the tone of Doc's
> presentation is what generated this whole thread, not his information.
>
> "Guy Tann and JimG and Steve Karnish and Richard Estes (where did he go
> folks?) have EARNED RESPECT on this list."
>
> 100% agreement on this one too. These guys make a living trading, and not
> just over two months. And they have been very generous with their time
> and knowledge on this list. Why would Doc assume that they don't know
> about Edwards and McGee and candlesticks?
>
> I am always interested in learning new things. I, for one, have not found
> the "secret" to making millions of dollars per month. I still work hard
> to improve my trading. I would hope that we won't scare away people who
> truly have discoveries to share with this thread. Perhaps Doc's website
> is really great. I don't know. But I vote for not attacking other members
> of this list just because you think you have had some success in the
> market. Those four guys mentioned have had their share of "great trades"
> also and they're not insulting every one else.
>
> So, Doc, thanks for sharing. But do it without assuming that everyone
> here is ignorant of basic charting methods. Better yet, don't assume
> anything. Just share information.
>
> Gila
>
> --------------------------------------------------------------------------
> "Who is rich? He who is happy with what he has." -- Ethics of the Fathers
> --------------------------------------------------------------------------
|