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Re: There's Less to Trading . . .



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Phillip.......

I believe any successful trader will tell you that.........."There's less
>to trading than meets the eye."

What does it mean???????????

It means the market is always right and as a trader....your only goal is to
get "right" the market.....to put it another way??????

All of the other indicators etc.... are just derivatives of the market
action itself....so why not follow the real thing??????

I look at most of the 20 million plus indicators on Trade Station etc.....as
magicians......
they misdirect your eye, so the real thing(the market) can do it's thing and
leave most wondering "How'd they do that?"

Where would all of these vendors be if they didn't have something to sell
you that really didn't  work?????  They'd be going back and forth to the
bank with all of the money they'd be making trading the
markets................


Tom Stein
comfut@xxxxxxx


-----Original Message-----
From: Philip Schmitz <pschmi02@xxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Thursday, June 25, 1998 8:07 AM
Subject: GEN: There's Less to Trading . . .


>Some pundit or famous trader, I can't recall who,
>made a remark that stuck with me:  "There's less
>to trading than meets the eye."  Can anybody give
>me the guy's name?  It's driving me nuts.  What's
>it supposed to mean?
>