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At 01:09 PM 5/28/98 -0500, charles meyer wrote:
>The major problem not addressed by Mark Douglas which keeps
>most traders in an unsuccessful loop is the concept of trading
>a mechanical system, following all the rules, until one can
>evolve into the intuitive stage. That implies that one already
>has developed a successful system that has an edge. And
>he doesn't tell you how to do that......If one is trying to develop
>discipline and trust with an unsuccessful system the end
>result will be further psychological damage.
>
>Charles.
>
>
>----------
>> From: narayan c.k. <ckn58@xxxxxxxxxxx>
>> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>> Subject: Re: Gen: Mark Douglas Book
>> Date: Thursday, May 28, 1998 11:02 AM
>>
>> >The Disciplined Trader."
>>
>> >This suggestion is worth reinforcing - the book is also enjoyable!
>>
>>
>> >Regards, Ric.
>>
>>
>> Ric,
>>
>> You are almost being facetious here ! Enjoyable ? That is being
>> extraordinarily mild about it. This book is AWESOME- there is no other
>> word for it!!
>>
>> It changed my whole damned life- converted me from a major loser to , I
>> can actually admit it here, a winner in the markets. I haven't had any
>> sustained losing period ever since I got on to what Mark was trying to
>> say.
>>
>> If ever there was a book which was a MUST read, this is it.
>>
>> Dr. Narayan
>> Mumbai, India.
>>
>> ______________________________________________________
>> Get Your Private, Free Email at http://www.hotmail.com
>
There are plenty of techniques, some are mentioned in Douglas' book, on how
to find out whether a system can be trusted. No mechanical system is
perfect. Six successes out of ten trades is good.
We should not expect everything in one book.
petena9090@xxxxxxxxxxxxxx
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