|
PureBytes Links
Trading Reference Links
|
Steve:
The archives on the website show market projections made at various points along the way. Many of them turned out to be good. Of course, he may be cherry picking the best. However, I like th idea of dynamism, of being free to change one's opinion of the market based on the latest evidence.
I picked up the threads from last week praising Mark Douglas' book, "The Disciplined Trader" and ran out to the McGraw Hill bookstore to buy a copy. One chapter is entitled, "The Market is Always Right", with the point that traders fail by trying to impose their will on market action.
Miner's point throughout the Dynamic Trading material that I read is that you are not trying to project an exact price time and price target. Nor are you trying to prove your worth as a seer. You are attempting to quantify the probability of a move one way or another based on the evidence that the market is presenting to you. As that evidence changes, so must your trading plan.
Seems to make sense to me.
- Stuart
>>> "Steve McGuire" <netvest@xxxxxxxxxxxxxxxx> 06/01 11:51 AM >>>
If Miner's stuff is so great, does he offer real time trading results?
-----Original Message-----
From: Stuart Hazlewood <shazlewood@xxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Monday, June 01, 1998 11:45 AM
Subject: Robert Miner
>I spent the weekend reviewing Robert Miner's "Dynamic Traders" website. A
lot of interesting stuff, some of it somewhat controversial. For example:
>
> "Not long ago I challenged all of the readers of the Club 3000 newsletter
to provide any evidence of ever having had a single, profitable year from
taking every signal of a system that they had purchased. The Club 3000
newsletter was originally begun to provide comments and reviews by system
purchasers. Not a single system purchaser was able to provide any evidence
of having had a profitable year trading a purchased system."
>
>Robert is an Elliotician who combines pice, time and "rhythm" with 20
entry setups.
>
>Has anyone had any experince with, opinions of Robert's Dynamic Trading
software or Newsletter? Has anyone had any success with a purchased system?
The world needs to know.
>
>Pip Pip.
>
> - Stuart
>
>
>
|