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As it happens I'm currently commisioning a similar yacht on which I wish to
spend some of my trading hours, both at anchor and in coastal areas. If
anyone has any marine experiences with similar voice and data communications
I would be keen to hear them.
Kindly respond privately.
Thanks.
>From: MikeSuesserott@xxxxxxxxxxx (MikeSuesserott)
>To: "Thomas Alexander" <alexander_enterprises@xxxxxxxxx>
>CC: <omega-list@xxxxxxxxxx>
>Subject: AW: Drummond Market Geometry: Personal update
>Date: Fri, 10 Aug 2001 01:14:46 +0200
>
>Thomas,
>
>thanks much for posting your experiences with Drummond Geometry. Do you
>feel
>that the effort spent in learning this theory gives the trader a definite
>advantage over, say, the simple but successful trading of, say, flag and
>pennant patterns, or of trend line breaks?
>
>Of course I wish for your 45' yacht to become a reality, but let me relate
>to you what I heard a German friend say about this topic. This gentleman
>had for years been a captain of an even larger yacht, with a crew of about
>seventy sailors under his command. The vessel was owned by and exclusively
>operated for the sole benefit of a Saudi man and his family of four! This
>rich man also had two jet planes and a few helicopters for the private use
>of the family. But, my friend said, the amazing thing was that even the
>poorest members of the ship's crew seemed to be much happier than its owner
>who was suffering from constant depression, as did his wife. Though they
>could afford almost anything that money can buy, my friend is of the
>opinion
>that they lacked, and possibly painfully missed, some purpose and structure
>in their lives.
>
>Thanks again, and best regards,
>
>Michael Suesserott
>
>
>
> > -----Ursprungliche Nachricht-----
> > Von: Thomas Alexander [mailto:alexander_enterprises@xxxxxxxxx]
> > Gesendet: Thursday, August 09, 2001 20:55
> > An: MikeSuesserott
> > Cc: omega-list@xxxxxxxxxx
> > Betreff: Re: Drummond Market Geometry: Personal update
> >
> >
> > Thank you Mike for the question as it has engaged me to step back from
>the
> > trees to reasses the forest. As a reminder, I stand to neither
> > gain nor lose by
> > my responses here.
> >
> > It took me several months to get through the Drummond Geometry
> > (DG) lessons.
> > Thirty comprehensive, compelling, detailed, chock full of
> > examples almost to
> > obesity lessons. I then paper traded several futures markets on
> > an EOD basis
> > for several months with some small success. Though my %win's were
> > considerably
> > lower than average among DG traders they were in line for beginners and
>my
> > paper account was up.
> >
> > My "day job (ugh)" changed and I was unexpectably able to work
> > from home. That
> > combined with wanting to reduce my risk profiles, I switched to
> > day trading and
> > began actual trading, electronic 10yr Treasury Notes. I only
> > trade one contract
> > at a time as I am still a beginner. I use a daily, 100 tick bar
> > and 20 tick bar
> > charts.
> >
> > In short, DG works great! I don't <:-o) Reviewing my trades I
> > find I suffer all
> > the afflications of a neophyte: overtrading, chasing trades,
> > trading outside
> > the guidelines of the DG plan. My account is down 17%, my
> > win/loss ratio about
> > 1 and I am only correct 30% of the time. In my defense I must say
> > that I have
> > experienced intense data issues with ESignal and most of my
> > trading has been
> > done using only half the available ticks and inaccurate data.
> > Needless to say,
> > this whacks all of the DG indicators and the plan guidelines. (I
> > am currently
> > testing and using TSPro.) Because of serious data issues, I feel
> > that I have
> > been running in 3 foot mud with salt water in my eyes and I will be
> > recalculating my performance from this new baseline.
> >
> > Nevertheless, looking at what I now believe to be more complete
> > and accurate
> > data and my EOD paper trading experiences, I am shocked at how
> > often the DG
> > methods and indicators are correct almost to the tick. (Please do
> > not misread
> > me here. If you had just the indicators you would not be able to
> > trade DG. The
> > methods are an absolute requirement!) Of course nothing works all
> > the time but
> > looking at the charts I would take DG bets any day, every day. And, the
> > methodology, view and training offered by DG certainly plays out
> > over and over
> > again in the charts. As soon as Thomas Alexander gets his fear,
> > greed and wild
> > mind gently corralled I am certain he will achieve his goals of
>consistent
> > profitability.
> >
> > In conclusion, I would still highly recommend Drummond Geometry.
> > Even more so
> > now than before! Please feel free to ask again in a few months
> > and though I may
> > not be answering from my 45' Island Packet cutter off the coast
> > of Tahiti, I
> > will hopefully be wearing that coveted mantle of independence and
>success
> > called "professional trader."
> >
> > Thomas "That Boy Can Type Something Fierce" Alexander
> > PS. While I certainly enjoy all the emails of mathematical precision,
>back
> > testing, gathering 20 years of data, statistical analysis, I feel
> > very happy to
> > be unshackled from it. DG is not a mechanical system (the
> > emotionally relaxed
> > mind is much more powerful) and it only uses the previous few bars for
>its
> > calculations. Of course it helps to have accurate and complete
> > data for those
> > few bars :) If anyone has any specific questions, please feel
> > free to write.
> > ta
> >
> >
> >
> >
> >
> >
> >
> > Mike Suesserott wrote:
> >
> > Tom,about half a year ago you gave a description of your first
> > impressionsregarding the Drummond course. If you're still here,
> > may I ask if
> > you tradedthe method, and what your experiences were?Thanks and best
> > regards,Michael Suesserott
> >
> > __________________________________________________
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>
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