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Its an interesting point. Most of these guys started out small. It took them
20 to 30 years to get to where they are.
I also got caught up in 5 min. bars/tick bars / stochastics / missing ticks
etc.
Lynch (in his book) mentions that if houses were sold on daily / intra day
prices, we would all be paupers.
Again, I am neither a proponent of / or against all this stuff... when when
too much time is spent arguing about memory leakage, missing ticks , the
main mission of this list seems to lost.
All my profits have been buy & hold ; or long & long exit of daily bars;
All my losses were of intra-day bars.
And BTY, I have never used stochastics, RSI etc.
I have heard a lot of tutors / gurus/ etc. Murrey Math, Ulrich, RS Houston
advertise their $ 3 k courses etc. I doubt if they will show me their
statements. A prominent "cycles" guy at a local club drives a shabby car and
doesnt pay his bills; but he has a newsletter & opinions of the market.
But why go to them when you can listen to Lynch, Buffet for free (Barrons ).
and these guys have a track record.
I use excel / lotus / windows a lot. They have a lot of flaws, but I guess
I have to live with it.
Just my 2 cents.
Mike
>
> I thought about it. They are smart, and I am stupid. Twenty years ago I
> should have bought stocks for about 100 million and keep them till now.
> Opps, I did not have 100 mil (but it is minor detail). My starting trading
>
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