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Thanks for the nice comments... I used MER and EF Hutton...in Calif, when I
was in living in SF in the late 70's I specialized in trading brokerage
stocks for a long time.. I remember one MER broker years ago, who after I
had pick many winners with him, he asked if he could use my recommendations
for other clients... "When Don Green Talks Merrill Lynch listens...It was
really a rush for my ego at the time! But it was also when I realized that
if a broker or trader was so good, he wouldn't be working for Merrill Lynch
or any other broker... Many brokers I knew didn't even invest... I then
went to Schwab in the early 80's. I also had an account with Goldman Sachs
in the early 90's, which was very expensive to deal with.
Regards
Don Green
-----Original Message-----
From: Nicholas Pishvanov <srpish@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxx>
Date: Monday, October 20, 1997 11:16 AM
Subject: RE: Stock Traders Forum
>DON:
>
> You wrote:
> <But in the same way, I don't want to corrupt the basic
>technical theme of this forum, since I am really use very little technical
>data to trade.>
>
> Your comments and observations have been immensely useful to me. I would
>hate to see you leave this forum. It is not my intent to denigrate
>RealTraders, but if you do find a more suitable "stock traders" forum,
>please let us know. I, for one, would like to augment the RealTraders
>learning process.
>
> There is an expression that may apply to you: "You know more than you
>know". After following your messages, I feel you have a technical approach
>based on intuition and hard-won experience. Looking over your shoulder, I
>learn and benefit more from your methodology than you can imagine. It is
>not something you can quantify with "technical data". Don't sell yourself
>short!
>
> My investment experience and current activity is stocks. Period. I manage
>my own IRA Rollover derived from a 401K at Hutton the merged
>Hutton/Shearson firms. Activity in options and index-options is severely
>limited in this ERISA account. I had 20 years' stock experience when I was
>a fighter-pilot in the Air Force, and then 10 years with Hutton as a
>"Hutton Portfolio Manager" (discretionary fee-based portfolio management)
>while serving as a regional sales director (Mutual Funds). I don't want to
>bore you with details, but I did chafe a bit under the "Modern Portfolio
>Theory" sector-balanced approach. Other than that I was extremely happy
>with Hutton. Our corporate culture was destroyed by the merger, and after
>a couple of years I decided to retire, where I am just responsible for
>myself. What freedom!
>
> Although I participated in the markets of the 1950's, 60's and on up to
>the 90's, I felt that my weak point was in pure trading skills. (Especially
>in the markets of the '90s). My stock-picking and sector selection was
>fine, but I still had a lot to learn about trading. I have used charts and
>fundamentals for years, but a misapplied aggressive fighter-pilot approach
>can lead to trouble!
>
> Consequently, I learned a great deal from RealTraders. Based on my known
>limitations and personal/mental characterstics, I learned what would not
>work for me and I learned what would work best for me. I don't trade
>commodities, but, (for me) , many commodity trading techniques and
>methodologies have practical applications. Many RealTraders are very
>generous with their excellent advice. I am very grateful for the time
>they spend to help, educate and enlighten their fellow members. I
>believe you are included in this generous group of traders.
>
> After some 40 years' experience, I am still learning. Many of my own
>purely intuitive techniques have been reinforced and refined with the help
>of RealTraders. I shows in my bottom-line results.
>
> My thanks to all, and to you, Don.
>
>Best regards,
>Nick
>
>
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