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[EquisMetaStock Group] Re: Huge System Test Profits



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Dave,
Your comment was
"Then I developed Elixir, which came after the Holy Grail.
 Market has been good to me."

If I were to wager a guess and considering the name you've used, I 
would think you have a mix of some sort.

Lot of things could go into the mix. I would think that it at least 
started with selection, then focused on entry, followed by money 
management and exit strategy. I also would not guess a purely 
mechanical system. 

Just thought that some of the other members might gain from some of 
your thoughts on a profitable system if you don't mind sharing them. 

As far as a Grail of any sort, I've come to believe there is no one 
single Grail but rather a combination of winning philosophies that 
when put together are highly successful.


Preston 


--- In equismetastock@xxxx, dave3003 <no_reply@xxxx> wrote:
> 
> Now Preston, just what would you expect
> to find in the Holy Grail?
> 
> Dave
> ========= 
> > Elixir?
> > 
> > 
> > --- In equismetastock@xxxx, dave3003 <no_reply@xxxx> wrote:
> > > Preston,
> > > 
> > > Ah yes the good ole DOS Daze.
> > > 
> > > Someone recently branded me a Cynic!  Sad but true, a 
> > > little.  Rarely made a dime using brokers and their canned
> > > advice.  Along the way to the poor house I discovered 
> > > moving averages and mutual funds.  After that I never lost
> > > again -- Until I met Prechter and follwed him right over the 
> > > precipice for a 40% loss of my entire portfolio on the
> > > great October day in 1987.
> > > At least from there things could not have gotten worse.
> > > 
> > > Then I subscribed to many many TRIAL subscriptions of 
> > > all sorts of letters.  Some made good sense and most not.
> > > 
> > > Then I formed the Atlanta MetaStock and TA group and 
> > > learned lots of good stuff.
> > > 
> > > Then I developed Elixir, which came after the Holy Grail.
> > > Market has been good to me.
> > > 
> > > Dave
> > > 
> > > --- In equismetastock@xxxx, pumrysh <no_reply@xxxx> wrote:
> > > > Dave,
> > > > 
> > > > Correct me if I'm wrong but I seem to remember a website that 
> you 
> > > had 
> > > > some years ago that discussed your trading ideas. 
> > > > 
> > > > Your inference to being wealthier now leads me to believe 
that 
> > your 
> > > > ideas were successful. I wonder if you would mind sharing 
some 
> of 
> > > > those ideas with us?
> > > > 
> > > > Preston
> > > > 
> > > > 
> > > > --- In equismetastock@xxxx, dave3003 <no_reply@xxxx> wrote:
> > > > > Grizz, Roy, Preston, Praktikus, Bob, Anthony,
> > > > > 
> > > > > Way back in time, a little after we were completing the 
> > > > > pyramids, using DOS version 4.5 of MetaStock - I too 
> > > > > discovered this or a similar formula.  I eagerly presented 
> > > > > charts and lovely profits to our Atlanta MetaStock 
> > > > > group.   But then to my dismay, there was a thundering
> > > > > chorus of "ya gotta be kidding".
> > > > > Everyone there was one and a half light years better than 
> > > > > me in math and formulary.
> > > > > 
> > > > > In tears I rushed out of our high class board meeting 
> > > > > room, never to look at this brilliant concept again.
> > > > > 
> > > > > Now older and wiser, and a good deal wealthier I shall 
> > > > > revisit this concept.   Ok so driving with only my 
> > > > > rearview mirror as a guide beats having NO guide at all.
> > > > > 
> > > > > 
> > > > > Dave


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