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Hi Bill
Thanks a lot for the detailed reply, I really
appreciate it. I've seen the geniuses you mentioned -
they also hang around at EliteTrader and waste a lot
of people's time.
Believe it or not, last night I had the same thought
you did, that a subscription to Roy's letter might be
a good idea, even though I am using Amibroker these
days. I got a nice reply from Roy this morning and I
will seriously consider a subscription. At $119 or
whatever it is, it will undoubtedly pay for itself
many times over. Also interesting that you mention
Mark Oryhon. I had an opportunity to talk with Mark a
couple of times; I had sent him a PM at Elite re:
futures trading theory and he responded and told me I
could call him with my questions. He is the only
futures broker I have ever spoken to who did not at
some point ask me how much money I had to trade or
whether I was interested in opening an account at his
firm. He just talked trading with me for about 40
minutes and then bid me adieu. It was great to read
your suggestion that these two might have something in
common - I couldn't agree more.
Tell superfrag that you talked to someone who holds
him in high regard and misses his contributions to the
thread. There is one post in particular that
completely changed the way I was going about systems
development and made me feel ok about the fact that
the simplest stuff I was creating was working better
than all the complicated stuff put together. It's
almost like I had to have someone tell me 'It's all
right - don't feel like you are missing the boat - the
simple stuff IS the boat'.
If anyone needs it just let me know (assuming, Bill,
that you think it's ok that I send the post to anyone
who is interested - it is still sitting in the MS
archives, I'm sure).
Nikku
--- johndoetrader18 <no_reply@xxxxxxxxxxxxxxx> wrote:
> Hi Nik,
>
> I'm a friend of Super's. He stopped posting on this
> board for a
> variety of reasons including personal attacks by a
> couple of real
> genius's.
>
> He's still trading full time (probably will until
> they bury him), and
> he continues to write a magazine article now and
> then. Since he
> doesn't have anything to sell, he doesn't need to
> promote his methods
> and strategy. He says his business is trading, not
> selling trading
> material to those who think trading is an easy way
> to make money. He
> says those are two different businesses.
>
> Super says reading most trading material is like
> going to a carnival
> and listening to the pitch man tell you how easy it
> is to win the
> giant teddy bear. (I've seen Super's library and
> I've never seen more
> trading books in one place all the way back to the
> 1940's.)
>
> There's an article in this month's Active Trader
> Magazine interviewing
> Mark Oryhon. His quote on trading books is
> interesting and so is his
> approach to trading. Super and Oryhon have a few
> overlapping brain
> cells, I think.
>
> Here's a couple of things you can share with your
> new group that might
> work for you. Super likes both of these, and has
> recommended them on
> here before.
>
> http://www.elitetrader.com/tr/index.cfm?s=17
>
> This is the link to Charlie Wright's articles on
> trading as a business.
>
> He also likes a series of trading articles that Roy
> Larsen published
> in his metastock newsletter. You have to have a
> subscription to Roy's
> newsletter to get the articles. For a few bucks,
> you'll be surprised
> at what you'll learn.
>
> When you combine the Wright articles with the
> articles from Roy's
> newsletter, the two provide a very clear
> understanding of how to make
> money trading using a well defined trading strategy
> rather than a
> black box or the best rocket science indicator.
>
> I have read the material many times and while both
> Super and I agree
> that not everyone can, will or should trade the way
> the articles
> describe, they do give a really good insight into
> how someone survives
> and prospers long term in the trading business. That
> understanding
> alone will increase the odds of anyone's success
> significantly.
>
> The newsletter has several trading articles that are
> good. You can
> contact Roy at WWW.MetaStockTips.co.nz
>
> I know it sounds a bit off to buy a subscription to
> something just to
> get a few articles, but in my opinion they're well
> worth it. I've
> loaned mine to several friends who don't use
> MetaStock, or even trade,
> and they've told me they've improved their returns
> with the strategy
> in the articles using nothing more complex than
> BigCharts and Yahoo.
>
> Bill
>
>
>
>
>
>
>
>
>
>
>
>
>
>
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