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It's this kind of arrogant crap which sends the pro's scurrying for their
fox holes - no wonder it took a repeat request from the original poster to
elicit comments. None of us have any obligation to prove anything to anyone
on this list - if you think a poster has nothing to contribute, hit the
<delete> key and move on. A member of this list asked a question and no one
came forward to answer it. He asked again, and a few came forward, not with
swagger and braggadocio, but personal experience. If that's not good enough,
then hit the <delete> key and move on.
I'm a pro and I trade my own money. I'm not looking for OPM to trade and
never will. I'm not going to share my statements with you or anyone else, on
this, or any other list. Nor am I going to spill my trading methods in
detail. Within those bounds, I attempted to provide some factual and useful
information for those contemplating/attempting a career in day trading i.e.
it is not easy, it takes long hours, it takes dedication, it takes capital,
it takes the right psychology, it takes the right tools, it takes quick
resolution of losers. So when you see stuff from me, just hit the <delete>
key and move on.
Earl
-----Original Message-----
From: William Heinz <wheinz@xxxxxxx>
To: sptradr@xxxxxxxxx <sptradr@xxxxxxxxx>; Jeff Caplan <jeffwcbs@xxxxxxxxx>
Cc: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Saturday, October 24, 1998 6:55 PM
Subject: Re: Who makes money?
>You should post just one of your "ATM" year end Brokerage reports to prove
>your big successes. I have yet to see anything but verbage and boosts from
>you so called successful traders. "Show me the money"!!!
>Bill
>-----Original Message-----
>From: sptradr@xxxxxxxxx <sptradr@xxxxxxxxx>
>To: Jeff Caplan <jeffwcbs@xxxxxxxxx>
>Cc: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
>Date: Saturday, October 24, 1998 1:48 PM
>Subject: Re: Who makes money?
>
>
>>Yes, I do, and have, since '84, in the s&p's. My trading method consists
>>of discretionary trigger pulls with indicators, pivots, systems, etc.
>>delineating market structure. I was successful right off at bat because I
>>took the time to research the markets in great depth without relying on a
>>lot of the "conventional wisdom" before placing a single trade. I
continue
>>to be successful because I do a lot of research and reading, especially
>>unrelated market topics such as signal processing, fractal geometry, and
>>nonlinear systems. It also helps to like science and math too.
>>
>>Those of us who are successful are banging out trading profits like an ATM
>>machine spits out money. Unfortunately, since must we trade during the
>>day, and do market research and bookkeeping at night, so we don't have a
>>lot of time on weekdays to respond to email or to participate in flame
>>wars. I know that I have little time until the weekend to even think
>>coherently because I must remain focused on the markets 24 hours per day,
>>Sunday evening through Friday afternoon.
>>
>>I use software the way a carpenter uses a hammer or saw. I build
indicators
>>or systems with those tools. I was successful long before I heard of Omega
>>or the Cruz brothers. TS is simply a tool, no more, no less. If another
>>tool comes along that's better, then I'll get it. But I could still
>>survive as trader with nothing more than a quote screen, pencil, paper,
and
>>calculator. If you have nothing more than these, and a willingness to
work
>>hard and sacrifice your free time, then it is possible for anyone to
>>succeed at trading. Lazy bastards or get rich quick guys need not apply.
>>
>>Hope this helps...
>>
>>-Tony Haas
>>
>>Jeff Caplan wrote:
>>>Is anybody making their *primary* living daytrading? (Not
>designing/selling
>>> futures related products/services while trading)
>>>How do you pass the time during the day while trading?
>>>To what do you attribute your success?
>>>Is your trading mechanical or discretionary?
>>>Do you think you're one-in-a-million, or can your success be emulated?
>>>
>>>Thanks for any responses. They're greatly appreciated...
>>
>>
>
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