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Re: The Warren Challenge



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>Subject: The Warren Challenge
>
>Warren since you wont go into detail, and I understand why. And Since 
you
>have given our group some hope for a trading tool, can you give us just 
one
>of your turning points so we can all see how well it performs???
>
>Thanks,
>Rob

Rob,
   Trading is all about probabilities. If I told you that there was a 
90% chance that there were no cars coming, would you cross the road 
blindfolded? Seems that is what you are asking Warren to do with his 
reputation. And if this point were "right" or "wrong", what would a 
sample of one tell you? I've watched Warren plan trades for over a year, 
and can attest that in the way he uses them, as part of his overall 
system described earlier, they are extremely effective. No, I have not 
used them as effectively as he has, mostly from being too lazy to 
complete the last portion of effort required. Go figure. A trader's 
biggest obstacle is often himself. My apologies to Warren for jumping in 
here, but Delta is the one topic that really flips my switch. 

                                           Darrin



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