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Re[4]: Risk of Ruin



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Hello  Joe,

Tuesday, July 11, 2000, 9:15:14 PM, you wrote:


>>
>> I  tell  you  what  Guy - you post on this list your trades beforehand
>> publicly  here  on  this list one hundred trades and if you win 75% of
>> the time I will give you a million dollars.
>>

JD> Last year on another list a guy (actually an astute guy, who makes very
JD> valuable contributions) posted several times that if anyone could prove they
JD> made money day trading he would give them $50K. After this went on several
JD> times I sent him monthly statements with the brokers phone number to verify.

It  was  500K  not  50K  and  you had to be a CTA with a audited track
record.    Sorry   if  I  didn't  get back with you, needlessly to say
there was certain criteria that had to be met.

JD> Never heard from him again. Lets see your million in trading profits first,
JD> then  maybe the criticism means something. If you have been paying
JD> attention, Guy is one of the very, very few guys who ever posts trades
JD> beforehand on any list I have ever seen. It ain't bragging if you can do it,
JD> and so far Guy has walked the talk. The guys who really need to pony up and
JD> show something, are the guys who claim their fit to critisize those who
JD> trade.

In  order  to  keep  my  head from appearing too big I will decline the
opportunity  to  brag.   Rather I will iterate I have yet to see any
real time trades from these guys.  I have seen,I did this this morning
yadda  ya  and smoke and mirrors - the offer stands firm and so do the
conditions.   What  do  they have to loose except pride, which if they
wait  long  enough they can come right back here in a year or less and
continue  bull crapping as usual.  Because by then most of you on this
list  will  be back full time at the ole day job and a new crop of Guy
worshiping newbies will be here giving me crap.

JD>  BTW, I don't know Guy except when I joined this list.

ooh  -  smart  edge trading hummmm, i feel better now knowing a vendor
jumped   on  the  dog  pile.   it doesn't make it seem so heavy knowing
there  is  no  substance.   i'm  sure  you  and  guy  have no business
together.   if it quacks - i'm paranoid like guy says you only have to
be right once and i have been right much more than once.  mb


--
Best regards,
  Mark Brown   mailto:markbrown@xxxxxxxxxxxxx
  Y = Offset + Amplitude * sin(Frequency * X)