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I popped off at you quickly and I'll tell you why. I had a similar
discussion on another list many, many years ago when I was asked to "prove"
that I could make what I had claimed. Well, I went one better than all the
guru nitwits and "big boys" who claimed 100% after the fact...I posted (on
the list) signals and exits for real s&p trades on one of my methods (yes,
I took them in my account) BEFORE THE FACT the night before the next day's
trading session. Anyone could follow along with me and make some serious
money. First week I was up $3K, and up $10K for the month, only trading 1
lots. That was in 1991. Then some pea brained moron said that all the
trades were faked and that noone could make $10K month daytrading the s&p.
To make a long story short, I told the jerk to f*** off, and essentially
kicked myself off the list.
And I vowed NEVER AGAIN...it ain't worth the hassle.
-Tony Haas
At 01:11 PM 10/25/98 -0500, William Heinz wrote:
>I didn't mean to strike a sour note. As a potential trader I was struck by a
>recent posting on this list by a broker who "confessed" that in his 18 years
>he had only seen a "handfull" of traders who were profitable. That doesn't
>even add up to 10% which is the advertised figure. Maybe some of us want
>somebody to provide some proof as to their success although I know it is
>certainly not required. After being to several "real time" S&P seminars and
>seeing the "big boys" trade "frantically and haphazardly" and also
>consistently lose on that particular day I'm naturally skeptical although
>still fascinated by the possibility that day trading S&P's could be a
>successfull venture. Somebody's winning in this zero sum game and I just
>guess I am wondering if it is the little guy. Maybe the whole secret is in
>money mangement or maybe the present market is just too volatile. Short term
>stock trading seems a less risky and a possible viable alternative although
>does require much more capital. Also stock trading doesn't get much ink on
>this list. Again I am not trying be controversial but rather just searching
>for the thruth. I certainly have nothing whatsoever to brag about and this
>is not about put down. And then even the "Big Boys" don't post their real
>track records so why should you? Pinhead Bill
>
>
>-----Original Message-----
>From: sptradr@xxxxxxxxx <sptradr@xxxxxxxxx>
>To: William Heinz <wheinz@xxxxxxx>
>Cc: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
>Date: Saturday, October 24, 1998 11:06 PM
>Subject: Re: Who makes money?
>
>
>>Why? To satify your over-inflated sense of superiority?
>>
>>I got nothing to prove and certainly nothing to sell, so "BITE ME"
>>
>>-Tony Haas
>>
>>PS to Jeff: this kind of reply is typical from narrow-minded pinheads who
>>are envious of the successful, and a major reason why more of us don't post
>>on these lists. The hassle is not worth it.
>>
>>William Heinz wrote:
>>>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"!!!
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