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It's like everything else in this business....you could show the world the
"Holy Grail" to trading and MAYBE 1% would even be able to trade it
profitably....The rest would either stop or change it so they could lose
money...LOSE MONEY!!!!! Yep...most people who trade do not have enough
self-discipline to actually make money at it.....Hard to believe, but
true...I also believe that most losers are not honest enough with themselves
to admit that the reason they lose is because they lack
discipline....therefore...they just keep on losin'....
Some sobering thoughts.....Tom Stein comfut@xxxxxxx
-----Original Message-----
From: yorker@xxxxxxx <yorker@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, December 16, 1997 6:35 AM
Subject: Fibonacci Numbers
>
>Re: Fib. Numbers
>
>The thought occured to me that when "everyone" starts to use a "system" --
>that system ceases to be effective. At least I believe that is the general
>consensus of opinion.
>
>It also appears to me that the use of these numbers are used by large and
>small investors and traders alike which should reder them ineffective.
>However, it also appears that these numbers are effective.
>
>So can anyone explain the above dilemma?
>
>Kind regards,
>
>Yorker
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