|
PureBytes Links
Trading Reference Links
|
Hi
----------
> From: tomgo <tomgo@xxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: Stock of the Day et. al.
> Date: Friday, October 24, 1997 10:04 PM
> Finally we learn that all of the trades are "GUT PLAYS"
> I wish the player well but must remind all that gut plays are only for
> the rich. I have been involved in the debt markets for 33 years and have
seen a
> lot. This guy is what we commonly refer to as a gunslinger. A brokers
dream,
> a commission generating machine and usually not much else.
> His style is not for everyone to try.
While Don's approach may not be for everyone, aren't you being somewhat
harsh to describe him as a gunslinger? I take that term to mean without
discipline
and not all 'gut traders' are without discipline. Their discipline usually
lies in
following their 'gut' and in their money management.
regards
ray
R Barros
101/25 Market Street
Sydney NSW 2000
Australia
e-mail: ramon@xxxxxxxxx
tel: 61 2 92673470
fax: 61 2 92673478
|