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Jan ... Let me second that. If I am unable to derive something of value
from what you have to offer, than you will indeed be the first in this
category. Not likely.
-----Original Message-----
From: Robert Lambert <lambertb1@xxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Tuesday, March 14, 2000 3:38 AM
Subject: Re: A "Hierarchy" of Trendiness
>J.W.E
>
>Please post your "tactics"... I promise not to
>criticize.. if I don't like your post, I'm capable
>of deleting it without lambasting you and your family.
>
>
>--- "J.W.E. Roberts" <jan.roberts@xxxxxxxxxxxxxxxxx>
>wrote:
>> Hello Philip & All,
>> >I'm not trying to steal the bread off your table,
>> Jan.
>> Hah, you couldn't anyway because ever since I bought
>> a couple of
>> warrants (calls) on the Nasdaq & the Neue Markt I
>> never eat bread
>> anymore, just souffle (which as every cook will tell
>> you has a nasty
>> habit of suddenly collapsing when taken out of the
>> oven & put in the
>> cold ;-)
>>
>> > None of this stuff is the Holy Grail. Virtually
>> all of it's available
>> right here on the web. I just thought it would be
>> fun to chat >about
>> it. That goes for anybody with a relevant
>> observation, of course.
>> Right you are. One of the things I like most about
>> this group is that
>> there are a couple of guys (sorry, no gals) here
>> that have the guts to
>> put their cards on the table & tell evbody about
>> their actual trades -
>> the good the bad & the ugly. I think they deserve a
>> big raspberry for
>> that instead of a the "Family Rubbish" reactions
>> they got from some
>> lurkers!!! Btw. one of the people I learned very
>> much from (excuse my
>> English (dangling prepositions & the like)) is,
>> although he doesn't
>> know, Jim Greening.
>>
>> >So short term trends are your cup of tea.
>> Not quite. I guess I've really two strategies (a
>> souffle-kind of word):
>> 1. I follow the mid term trend by counter trading
>> the short term trend.
>> 2. I try to profit by bull/bear traps whenever I
>> can.
>> I do this by following/scrutinying just a few issues
>> I (think to) know
>> well & feel comfortable with.
>>
>> Tactics? I'm a linear regression fan (the line study
>> in MS); I use the
>> open of today vs. the yesterday's open as the
>> trigger; I start out with
>> a very, very narrow stop (if the trade doesn't
>> immediately show a profit
>> I've made a mistake in my market evaluation & I'm
>> out like a scalded
>> (hopefully only by my whiskers) cat) which I
>> gradually widen to
>> something like two to three ATRs from the lates
>> peak/trough (never ever
>> lowering/raising it).
>>
>> If you are or anyone else is interested in a
>> description (aka narrative)
>> of my trading style I'd be happy to write a few
>> words about it - as long
>> as I don't get too much flak about being a long
>> winded old fart ...
>> sorry, I meant chartist.
>>
>> Finally here's a - at least in this group I think -
>> heretic statement:
>> I've never seen or been able myself to design a
>> purely mechanical system
>> that
>> earns real money under real world conditions.
>> Reactions anyone?
>>
>> Happy Trading,
>> Jan Willem Roberts
>>
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