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Hi Mark,
I guess you said something a lot of people should think about:
"i want to make money NOT be right."
Congratulations - that´s the mystery of trading, really.
But - to be frank, sounds soo simple, is it ?? :-)
Rgds Claus.
-----Ursprüngliche Nachricht-----
Von: Mark Brown <markbrown@xxxxxxxxxxxxx>
An: Phil Lane <patterntrader@xxxxxxxxxx>
Cc: Omega-List <omega-list@xxxxxxxxxx>
Gesendet: Donnerstag, 3. Februar 2000 21:01
Betreff: Re[5]: Rocket Science
> Hello Phil,
>
> PL> Hi Mark,
> PL> Can I assume you would REDUCE the size when the equity curve gets
volatile,
> PL> and not the other way around?
>
> very sharp phil, but just the opposite. the old saying when the going
> gets tough the tough get going applies. so rather than be scared of
> volatility i embrace it.
>
> PL> Also wondering if you would treat Upward volatility in the eq curve
> PL> differently than Downward.
>
> extensive test have shown that this is the most survivable way to
> trade it. however i don not personally like to back off that way.
> however because i am a fully mechanical system trader i obey and
> comply with what the computer tells me is the best method. i want to
> make money NOT be right.
>
> PL> a thousand questions,
> PL> phil
>
> I'm in an answering mood..
>
>
> --
> Best regards,
> Mark Brown mailto:markbrown@xxxxxxxxxxxxx
>
>
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