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Re: Bruce Gagnard Trading System Update



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I fully expect to get a thousand knifes thrown my way. I don't really give a
hang one way or the other. I posted the information for those who might be
searching for a better way. It's up to each person to make their own
judgement call. As for myself, it seems to meet my needs at this point in my
life. I want to trade this way. Am I 100% sure it's going to work, nope. I
do know I traded away a lot of my own money in trying to develop a similar
approach. So I'm no worse off and truly believe that there is an opportunity
here that's worth taking the chance on.

But again that's me...

Thanks for the kind words!
Fred

----- Original Message -----
From: "Pang, Eddie" <epang@xxxxxxx>
To: "Fred Finch" <ffinch@xxxxxxxxxx>; "Eskimo Omega List (E-mail)"
<omega-list@xxxxxxxxxx>
Sent: Thursday, July 26, 2001 8:27 PM
Subject: RE: Bruce Gagnard Trading System Update


> Thanks for the input and follow-up regarding potential systems out
> there.
> Please keep us posted...  Fortunately you haven't received a unwarranted
> backlash from a mr. brown as i have.
>
> I also will keep everyone posted to my inquires with the system i
> previous posted,  there is always some who don't give a rip.  Then
> again, there are some who are open always interested in improving their
> own personal style by taking and replacing what doesn't work with
> someones observation and incorporating it into their style.  Even if
> it was a stupid idea...
>
> cheers!
> eddie :)
>
> -----Original Message-----
> From: Fred Finch [mailto:ffinch@xxxxxxxxxx]
> Sent: Thursday, July 26, 2001 2:53 PM
> To: Omega List
> Subject: Bruce Gagnard Trading System Update
>
>
> Hello List,
>
> A couple days ago I posted a question whether anyone knew Bruce Gagnard
> and
> had anyone traded his system. Well I got a lot of comments about
> purchasing
> a trading system from someone not well known. All the way from I want to
> take a look to your a fool for even considering such a gamble.
>
> Well I have done a fair amount of research on Bruce and his trading
> technique and I want to tell you that I am very impressed with what I
> found.
> So much so that I ordered his system today.
>
> I did not make this decision just on his or anyone else's say so. I
> spoke
> with Bruce on Wednesday and he agreed to email me for two days, today
> and
> tomorrow, his entry and exit points as they occurred. So starting this
> morning as he took a trade he sent me the time and the price of the
> entry or
> exit. I received each email within 1 to 2 minutes of him sending it. I
> was
> able to verify the price with the price at my computer.
>
> Bruce made 8 trades, 7 winners and 1 loser.
>
> With his system you go in on a limit order and exit when you have a 3
> point
> gain. You exit if you have a 3 point loss or you get a reversal signal.
>
> As I mentioned he had 7 winners for a total of 21.25 e-mini S&P points
> and 1
> loser for 0.50, on a reversal.
>
> If I were you I might have a hard time believing it but I sit here all
> day
> and watched it happen. Now he admitted today was a very good day but it
> wasn't that unusual to see this kind of day 1 or 2 times a week.
>
> Between speaking with a couple of his current students and today's
> action I
> was convinced.
>
> Like today, Bruce has agreed to send me his trades signals as the occur
> tomorrow ,so, we'll see a different kind of day I suspect. As for the
> first
> part of the week, which I can't verify but believe, Monday:7.25,
> Tuesday:7.75, Wednesday:14, Today:21.25 (can verify) points. I will post
> his
> results tomorrow as well.
>
> I want to be perfectly clear. I have NO affiliation with Bruce Gagnard
> other
> than as a person interested in his trading method. I have no stake in
> his
> system and don't care whether you believe me or him.
>
> I found Bruce to be an exceptionally nice person and more than willing
> to
> give what he can to help a trader using his technique be as successful
> as
> possible. This really come across from his current students.
>
> If you are interested you can contact Bruce at: s_p_trainer@xxxxxxxxxxxx
>
> Thanks,
> Fred
>