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Hi Steve,
I read your message (below) with a great deal of
interest. Being new to the list, I was wondering if I
could take you up on the previous offer that you made
previously (below). Namely, "I've tried to give away
my most guarded secrets and people ignore the offer".
My only assurance to you is that I will not ignore the
offer.
Thank you in advance,
Betty
--- Steve Karnish <kernish@xxxxxxxxxxxx> wrote:
> Ryan wrote:
> "give me a simple insight to what u mean by your
> method of trading"
>
> Ryan,
>
> I closed out three long positions this morning in
> the Dec contract:
>
>
http://www.abbracadabra.com/cybercast/cgi-bin/comchrt.asp?chart=bonds
>
> Since Jan 1, '99, I've closed out 26 "long bond"
> positions. My mechanical approach is 20-5-1 this
> year. I use momentum oscillators and break all the
> trading rules (I average losers, don't use stops,
> etc.).
>
> I have posted the guts of my systematic approach for
> all to trade and examine and have shared formulae
> during the past two years on this and many other
> forums. It has become easier to maintain a website
> than answer numerous emails everyday.
>
> Human nature tells me that most folks believe my
> information is worth what its priced at: $zero. I
> promise to attach a big fat price to my mechanical
> approaches and charting service in the year 2000, so
> that people will think they are getting credible
> products. It seems to me that the HIGHER I price
> the information, the more CREDIBILITY will be
> associated with the product.
>
> Enjoy the free information while you can ... it's
> just a 2+ year plot to "entice and entrap" mindless
> traders from around the world and bring them under
> my control, so I can eventually dominate the world.
>
>
> Steve Karnish
> Cedar Creek Trading
> http://www.abbracadabra.com/cybercast/
> ----- Original Message -----
> From: Ryan Yeo
> To: metastock@xxxxxxxxxxxxx
> Sent: Wednesday, December 08, 1999 7:20 AM
> Subject: Re: winning systems for losers
>
>
> Hi Steve,
> Just curious if you would give me a simple
> insight to what u mean by your method of trading
> that people ignores. I trade interest rates
> contracts.
> Steve Karnish wrote:
>
> List, Alexander wrote:"Here is the most
> important consideration why the winning system would
> never
> be sold. The goal of the market is to defeat all
> predictions (or market
> would cease to exist). So every knowledge
> discovered about the market
> either has to be kept "secret" (and used on very
> small scale and in very
> conning manner as to not attract an attention of
> other market participants,
> remember old times pool manipulators?) or when
> known it is "negated" by the
> market." I agree with Richard Dennis. He once
> was quoted that he could publish his "Turtle" rules
> in the Chicago Tribune and absolutely nobody would
> pay any attention to it. I've tried to give away my
> most guarded secrets and people ignore the offer.
> I've also traded for many clients, using time tested
> mechanical systems, when after accruing 6 or 7
> winning trades in a row, the system incurs a small
> loss ... only to hear them comment: "Gee, I guess
> the "system" isn't working any more". I'm always
> amazed and amused that 90% of all traders are
> looking for the "holy grail" and yet, less than 5%
> (wildly high estimate) of those have the discipline
> or patience to perpetrate any mechanical plan.
> Argue the point if you must; this is my simple,
> subjective view, formulated after "way too many
> years" observing self-destruction by the Amerikan
> trading public.Steve Karnish
> Cedar Creek Trading
> http://www.abbracadabra.com/cybercast/
>
>
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