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Jean Jacques
You're right about no such thing as paper losses, but they can still put you
off your feed just because I hate giving anything back. I learned that my
first day or two trading in 1956 or 1957. :) My dad probably learned that
same lesson in 1933 or 1934 when he started trading. And guess what? As
ignorant as we are, we're still trading, and believe it or not, we actually
make real money at this, and sometimes really big money. :) And we don't
trade OPM, raise money from investors or look for people to come along for
the ride. We're private traders who trade our own accounts, and if my
brother would quit buying stuff, we would be trading an even bigger
portfolio. :) I guess that after 45 to 65 years of trading, you can put it
down as beginner's luck if it makes you feel better. :)
On the other hand, with all of the work we've put into our system, we feel
that luck has absolutely nothing to do with it. If I felt luck was
involved, I'd spend more time in Vegas and less time trading. We feel we
have a very substantual edge trading futures (and now equities and options
as we further define our trading approach with those instruments). :) We'll
just keep plodding along and muddle our way to the bank.
Regards,
Guy
Never be afraid to try something new. Remember, amateurs built the ark,
professionals built the Titanic.
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Macromnt@xxxxxxx
Sent: Wednesday, August 09, 2000 10:03 PM
To: metastock@xxxxxxxxxxxxx
Subject: Re: MARK BROWN BANNED FOR LIFE FROM REALTRADERS FORUM!
In a message dated 8/9/00 7:34:55 PM Eastern Daylight Time, grt@xxxxxxxxxxxx
writes:
<< I'll tell you privately about our paper losses. >>
There is no such things as paper losses.
I guess that I learned that the second day I was trading the markets in 1971
or 1972.
Good luck any way.
Jean Jacques
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