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>Subject: Re: Price shocks and money management
> Date: Sun, 25 Jul 1999 08:07:46 -0500
> From: Robert W Cummings <robert.cummings@xxxxxxxxxxxxxxxx>
> To: "Andrew Dykes" <koad@xxxxxxxxxx>
> CC: <CRLeBeau@xxxxxxx>, <editorial@xxxxxxxxxxxxx>, <omega-list@xxxxxxxxxx>
>
>I agree you can't call it a system if personal discretion is used. If you
>use historical results then to repeat those results you must take every
>trade no excuses. No crashes, no medical reasons nothing should prevent you
>from taking every trade. Your example about a diet is very good example and
>the real reason to have a system. I don't have a system I use price
>patterns and indicators to trade using my discretion. Two reason for that
>one I can't program well enough and to I use fundamentals in my trading
>decisions. What ever a trader does to trade is okay it's his money. The
>term SYSTEM means automation absent human decisions all the time and any
>time. The rest of the examples here need a new definition like semi-system
>trading.
>
>Robert
Only when talking with you, Robert.
don
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