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But is his methodology sound? Does it work? In his book and at his web
site he throws figures of 80-90% accuracy around concerning his time and
price predictions. Have any realtraders had experieince to verify these?
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> From: RL2946 <RL2946@xxxxxxx>
> To: realtraders@xxxxxxxxxxxxxx
> Cc: btwj@xxxxxxxxxxx
> Subject: Re: GEN: Robert Miner's "Dynamic Trading" Book
> Date: Saturday, January 17, 1998 5:32 PM
>
> Brad,
> and RT,
>
> "Dynamic Trading" is at least as comprehensive
> as the website description promises.
> The author addressed trading as it is approached as a business:
trade
> management,
> money management, consistent review of the
> market(s) to be traded.
> Robert Miner has some important Elliott Wave
> views, and general rules of interpreting the trend
> position of a market; and how the understanding of
> the probable trend position of a market should help
> the trader decide when, whether, and in which
> direction a trade should be contemplated.
> He does utilize his Dynamic Trader software
> program heavily in the presentation of the time and
> price projection procedures presented in the book.
> There is something unique about being able to predict a probable change
in
> trend, and RM shows
> how he does it.
> Additionally, there is an expose on the market
> action which enhances the probability of entering
> at the near onset of a change in trend: specific
> trade set-ups to be on the watch for. Conversely, continuation trade
set-ups
> to look for, when the trend is in force.
> Of all the information presented, the most
> important is the use of a Stop-Loss, and how
> it relates to the overall business of the probabilities
> speculation.
> The book does come with a money back guarantee, but I will be
surprised
> if many copies
> go back to Oracle Road. On a personal note,
> I met Robert Miner in Chicago at the 10'th Annual
> Astro-Economic Conference, and found him lively
> and personable. (I don't think he uses Astrology
> in his trading, but those Fibonacci concepts do
> correlate nicely with the movements of the planets).
> RM is an Elliott Wave guy, but there is more
> in this book, and his trading methodology, than
> just EW. I agree with Larry Pesavento, this will
> be a standard for traders' libraries.
> My copy is not for sale.
>
> Sincerely,
>
> Rory Lewellen RL2946@xxxxxxx
>
> Anyone have any comments on Robert Miner's "Dynamic Trading" book? Based
> on the description at his web site (www.dynamictraders.com), it looks
> pretty comprehensive. I've seen some charts using his software posted
> here in the past few weeks, so I bet there's at least a few RTers using
> his methods. Thanks.
>
> Brad
> >>
> Robert Miner is an Elliott Wave guy. He is also a winner of the
> "Robbins Trading Cup".
>
> Tim
>
>
>
>
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