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Re: Trading goals & Wade Cook



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<blockquote TYPE=CITE>
<blockquote TYPE=CITE><i></i>&nbsp;
<p><i>-----Original Message-----</i>
<br><i>From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On</i>
<br><i>Behalf Of URNMOR@xxxxxxx</i>
<br><i>Sent: Monday, February 14, 2000 7:01 PM</i>
<br><i>To: metastock@xxxxxxxxxxxxx</i>
<br><i>Subject: Trading goals</i>
<p><i>To be very successful as a trader what should one expect for a yearly
return</i>
<br><i>on their trades.&nbsp; I am not referring to a day trader or a florr
trader but</i>
<br><i>one whose philosophy is to buy and sell a position normally within
30 to 60</i>
<br><i>days.&nbsp; I am trying toestablish a goal but I am also looking
for a benchmark.</i>
<p><i>Thanks for any assistance</i></blockquote>
</blockquote>

<p><br>In my opinion you are making a two fold mistake. Seeking consensus
on what&nbsp; a sucessful trader should expect is like following the wallstreet
herd mentalitiy of "Relative Performance", (Comparing ones performance
to others.). This is in stark contrast to "Absolute Performance", (Comparing
your own performance to yourself) which pioneers of Hedge Funds follow.
<p>I would in your case purchase a software system that analyzes you (Rina
Management Systems for example), and actually do some TA work on your own
performance. From there you should be able to make reasonable predictioins
of what kind of performance to expect.
<p>And as to Wade Cook. Remember Livemore's words "IF there was any easy
money lying arround, no one will force it into your pocket." If this Guy
indeed has a system that works, why on earth is he making his money by
selling. (Maybe is the matyr or Phylanthropist from Wallstreet.) Chances
are he went broke, and is selling his new would be toy to the next suckers
for the slaughter house. less than 2 years ago he was under a bunch of
lawsuits from people who lost money.
<br>&nbsp;
<p>--
<br>"It is not how right or how wrong you are that matters,
<br>&nbsp;But how much money you make when right and how much
<br>&nbsp;money you do not lose when wrong" ....
<p>&nbsp;Quaerendo Invenietis
<br>&nbsp;</html>
</x-html>From ???@??? Tue Feb 15 15:32:16 2000
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From: "A.J. Maas" <anthmaas@xxxxxxxxx>
To: <technifilter@xxxxxxxxxxx>
Cc: "Metastock-List" <metastock@xxxxxxxxxxxxx>
References: <005d01bf7683$72b7ba60$eb593bcb@xxxxxxxx> <002b01bf7648$1ecae700$267fd2cc@xxxxxxxxxxxxx>
Subject: Re: [technifilter] Fibonachi Lines
Date: Tue, 15 Feb 2000 22:00:09 +0100
Organization: Ms-IRB
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<DIV><FONT size=2>All this Magician's Hocus Pocus stuff can be backtested <FONT 
size=2>in a program package like MetaStock.</FONT></FONT></DIV>
<DIV><FONT size=2>Just nearly missing out on the Head + Rabbit jumping 
out,&nbsp;all this&nbsp;Hocus Pocus&nbsp;</FONT><FONT 
size=2>stuff&nbsp;is&nbsp;</FONT><FONT size=2>in</FONT></DIV>
<DIV><FONT size=2>full ornate available to&nbsp;user</FONT><FONT 
size=2>.</FONT></DIV>
<DIV><FONT size=2>The program makers have never been fuzzy '</FONT><FONT 
size=2>bout including the full Pandora's Box set.</FONT></DIV>
<DIV><FONT size=2><FONT size=2></FONT></FONT>&nbsp;</DIV>
<DIV><FONT size=2><FONT size=2>A</FONT></FONT><FONT size=2>part from 
Murrey(?),&nbsp;t</FONT><FONT size=2>here are&nbsp;even more Jokers available 
than you can ever&nbsp;</FONT><FONT size=2>dream of, eg</FONT></DIV>
<DIV><FONT size=2>there are also the Kagi Lines, Cycle Lines, ODDS Cones, Raff 
Regression Channels, Tirone Lines etc.....</FONT></DIV>
<DIV><FONT size=2>Eg, enough is included for even an Arti-Farty Website 
creator/developer to confincively buy the package.</FONT></DIV>
<DIV><FONT size=2>
<DIV><FONT size=2><FONT size=2></FONT></FONT>&nbsp;</DIV>
<DIV><FONT size=2><FONT size=2>For that the MSK program is&nbsp;1/4 th the 
Pandora Box, 1/4 th an Art Design Studio and (only) the</FONT></FONT></DIV>
<DIV><FONT size=2><FONT size=2>other </FONT></FONT><FONT size=2><FONT 
size=2>half (1/2) </FONT></FONT><FONT size=2><FONT size=2>is serious and&nbsp;TA 
related :&nbsp;Tools that have (some) binding with the 
markets.</FONT></FONT></DIV></FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>For serious and true&nbsp;'technicians' there is </FONT><FONT 
size=2>also lots of good tools&nbsp;available as well,&nbsp;like found in 
any</FONT></DIV>
<DIV><FONT size=2>self-respecting </FONT><FONT size=2>TA package. </FONT><FONT 
size=2>As well&nbsp;that the program has the&nbsp;cleanest and smoothest 
apealing</FONT></DIV>
<DIV><FONT size=2>and apearing </FONT><FONT size=2>Charting interface ever found 
in a package/in the business.</FONT></DIV>
<DIV><FONT size=2>From&nbsp;this clean Charting, in the produced 
Charts,&nbsp;</FONT><FONT size=2>the mediocre jokers </FONT><FONT 
size=2>mentioned above </FONT><FONT size=2>will well</FONT></DIV>
<DIV><FONT size=2>fall true the ice directly, </FONT><FONT size=2>if not from 
</FONT><FONT size=2>just&nbsp;eye-balling them on the Charts, </FONT><FONT 
size=2>then from </FONT><FONT size=2>easely writing</FONT></DIV>
<DIV><FONT size=2>a customizer and&nbsp;have these </FONT><FONT size=2>dragged 
into the Charts&nbsp;and&nbsp;fall&nbsp;through the ice while&nbsp;they 
are</FONT></DIV>
<DIV><FONT size=2>being displayed.</FONT></DIV>
<DIV><FONT size=2>Else + too, the testing tools included with the package will 
have them soon revealed as being hoaxes.</FONT></DIV>
<DIV><FONT size=2>For that Microsoft is not the only centre point for 
hoax-attacks, eg the MSK-users gets them coming</FONT></DIV>
<DIV><FONT size=2>in free WITH the&nbsp;program.</FONT></DIV>
<DIV><BR>Regards,<BR>Ton Maas<BR><A 
href="mailto:ms-irb@xxxxxxxxxxxxxxxx";>ms-irb@xxxxxxxxxxxxxxxx</A><BR>Dismiss the 
".nospam" bit (including the dot) when replying.<BR>Homepage&nbsp; <A 
href="http://home.planet.nl/~anthmaas";>http://home.planet.nl/~anthmaas</A></DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  <STRONG>Dick Jurgens</STRONG> </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A 
  href="mailto:technifilter@xxxxxxxxxxx"; 
  title=technifilter@xxxxxxxxxxx>technifilter@xxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> zondag 13 februari 2000 18:31</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [technifilter] Fibonachi 
  Lines</DIV>
  <DIV><BR></DIV><TT>From:</TT> <TT>"Dick Jurgens" &lt;<A 
  href="mailto:Dick@xxxxxxxxxxxxx";>Dick@xxxxxxxxxxxxx</A>&gt;</TT> <BR><BR><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
  <META content="MSHTML 5.00.2919.6307" name=GENERATOR>
  <DIV><FONT face=Arial size=2>
  <DIV><FONT face=Arial size=2>Ton, how do you go about backtesting Fib numbers 
  and retracements, gann lines, murrey math, etc. ? Have you done it ? 
  </FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=Arial size=2>Thanks,</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=Arial size=2>Dick</FONT></DIV>
  <DIV>&nbsp;</DIV></FONT></DIV>
  <DIV>_| _| _| _| _| _| _| _| _| _| _|<BR>_| Mailto: Dick Jurgens<BR>_| <A 
  href="mailto:Dick@xxxxxxxxxxxxx";>Dick@xxxxxxxxxxxxx</A> <BR>_| _| _| _| _| _| 
  _| _| _| _| _|</DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Tue Feb 15 15:14:30 2000
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From: "Peter Christophersen" <christo@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: Metastock EOD - Storage Locations for Custom Formulas, Explorations, Systems etc
Date: Wed, 16 Feb 2000 09:09:15 +1100
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<DIV><FONT face=Arial size=2>Can someone out there please tell me the folder and 
the file name and extensions where this type of info. is stored?</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>regards </FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>Peter Christophersen</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Tue Feb 15 16:18:36 2000
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Date: Tue, 15 Feb 2000 18:25:12 -0500
From: Claud Baruch <ClaudB@xxxxxxxxxxxxx>
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Subject: Re: Metastock EOD - Storage Locations for Custom Formulas, Explorations, 
 Systems etc
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Look in C:\Equis\Mswin and you'll see:
<p>MS65Expl.dta
<br>MS65Form.dta
<p>That's assuming you have Metastock version 6.5
<br>If you have earlier version, then look for MS50Expl.dta.....etc. etc.
<p>Claud
<p>Peter Christophersen wrote:
<blockquote TYPE=CITE><style></style>
<font face="Arial"><font size=-1>Can
someone out there please tell me the folder and the file name and extensions
where this type of info. is stored?</font></font>&nbsp;<font face="Arial"><font size=-1>regards</font></font>&nbsp;<font face="Arial"><font size=-1>Peter
Christophersen</font></font></blockquote>

<p>--
<br>http://pw1.netcom.com/~claudb/
<br>&nbsp;
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