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RE: GEN: Systems Are NOT Us


  • To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
  • Subject: RE: GEN: Systems Are NOT Us
  • From: TNkkkkkkkkkkkkkkkkkk (TNkkkk)
  • Date: Fri, 20 Mar 1998 07:57:39 -0800

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Ric Ingram wrote: "If any of you have a system that loses 75% or more of the
time - please
tell me about it.
I will thoroughly backtest it, decide on the appropriate trading vehicle(s)
and timeframe(s) and market(s) and consider if it is worth trading the
opposite of the systems signals - and give you an agreed share of any
profits.

If you have not guessed it - the purpose of this post is to suggest that
the system is not the source of profits, the trader is.

Think about it - your banker will appreciate it too."
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What I say to this is that almost every good trader has a system.

Regards,

Tom Nagle
Tullett & Tokyo Forex International,
Cable House,
54-62 New Broad Street,
London EC2M 1JJ.
Tel: +44 171 827 3409