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Gwenn,
This is Superb. It's about as good a recipe for failure that I have ever
seen, and some of it looks kinda familiar(like my novice years). Very
funny, especially the part about borrowing from your closest friends(soon
to be what friends). Maybe we should call it the random walk system.
Still smiling,
Brent
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> From: Gwenn Ael Gautier <Gw.Gautier@xxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: worst stock system
> Date: Sunday, July 12, 1998 6:38 AM
>
> How about:
> 0 - Start with $20.000, borrowed from your best friends, and promise a
40% yearly
> return, paid out on your own funds.
>
> 1 - Buy randomly.
> 1 - 1 - Exit with $500 profit
> 1 - 2 - Buy one more with $1000 loss
> 1 - 3 - Buy yet another one for each further $1000 loss
> 1 - 4 - Exit when you drawdown 50%.
>
> 2 - when no longer in position: Sell randomly
> 2 - 1 - Exit with $500 profit
> 2 - 2 - Sell one more with $1000 loss
> 2 - 3 - Sell yet another one for each further $1000 loss
> 2 - 4 - Exit when you drawdown 50%.
>
> 3 - Trade bigger size after a loss, but sometimes, trade smaller.
> 4 - Whenever you think you should not take this trade, don't. Or take it
tomorrow.
>
> 5 - Whenever you believe you should do the opposite, do. Or maybe don't
> 6 - Once in a while, exit randomly
> 7 - Once in a while, don't trade
>
> If you withstand more than 6 months, that is not bad at all.
>
> :-))
>
> Gwenn
>
>
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