|
PureBytes Links
Trading Reference Links
|
I should add one other element to my earlier diatribe which is related to
factors that will determine your success, or lack thereof.
If you look you will notice that most folks are primarily focused on
Entries. I would submit that while important, entries are by far NOT the
most important element to trading well. It is what you do while IN THE
MARKET, i.e. exits/trade management that is considerably more important than
how/where you originally entered.
This also relates to the mentoring section in my previous email. Anyone who
only teaches you how to enter the market while focusing little (or no) time
or attention on what to do once in the market is doing you a tremendous
disservice. This is akin to teaching you how to dive into the lake without
first teaching you how to swim (or at least giving you a life jacket).
Again, this is something that most take for granted (I sure did), but will
eventually discover is quite important.
I realize that my entire diatribe in response to your post is likely not
what you wanted to hear or receive. But hopefully someday you will come to
appreciate its contents.
Bob
"Experience is a tough teacher; first you get the test, then you get the
lesson".
----- Original Message -----
From: "Robin Willaims" <robinwilliams15@xxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Sunday, July 29, 2001 3:49 AM
Subject: Bruce Gagnard Trading System - Got a question for everyone
> Hey All
>
> Calm down!
> All of you were beginners at one point or other so what's the problem?
>
> Up to now I have been a slient reader, I am newbie to TS but not to
> investing. Soon after I joined this list I was approached in respect of
> trading systems costing $$$.
> I entered into correspondence, not because I was looking for an easy way
to
> make money, or become a millioniare over night, I wanted to find out what
> was available out there. I am not naive,I know there is no such thing as
> "holy grail". Easy Language is not so easy and TS is
> a beast. Those of you who are more experienced what support do you offer
to
> newbies?????????????????????????other than rip them apart. No one has a
> right to slam anyone.
> Now let us have some positive comments and do something constructive, like
> some of you posting your successful trading systems ( I am interested in
> futures) here and generating a discussion as to why the success, what
makes
> it tick etc.
> We "newbies" need support and guidance and I for one ask for it!!
>
> Thanks
>
> Robin
>
|