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<x-html><html><div>Hi Realtraders,</div>
<br>
<div> I recently bought Mark Douglas's book, "The Disciplined
Trader". I am curious as to whether any of you have an opinion of
this book. One thing he says that caught my attention is that deep down
inside, many traders like to avoid taking responsibility for their
trading decisions. If that be so, I was thinking, that may be a factor in
our great interest in systems. If the system says buy or sell, and I do,
then I don't have to take responsibility for that trade in my internal
thought processes.</div>
<br>
<div>What do you think?</div>
<br>
<div>Cordially,</div>
<br>
<div>Jerry Brunet</div>
<br>
<br>
-------------------------------------------------------------------------------<br>
Jerry Brunet
jbrunet@xxxxxxxxxx<br>
Brunet Computer Systems
jbrunet@xxxxxxxxxxxxxxxxxx<br>
Canfield, Ohio U.S.A. <br>
Business:<a href="http://www.brunetcomputer.com/"; eudora="autourl">
http://www.brunetcomputer.com<br>
</a>Personal:
http://www.cisnet.com/jbrunet/<br>
Jesus is the only One Who can run my life without destroying me in the
process. <br>
-------------------------------------------------------------------------------
</html>
</x-html>From ???@??? Sun Aug 09 13:36:35 1998
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To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Fut:POP's rule #1
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In a message dated 98-08-09 10:52:11 EDT, you write:
<< If you are daytrading, especially S&P's, and you are afraid of moving your
stops via a c/r order because of the fear of incurring the wrath of some
surly jerk on the floor, 1) you will never make money and 2) you need to do
some research and find another brokerage arrangement. There are
significantly better alternatives to that once highly prized privilege of
calling the floor to have your orders arbed into the pit. >>
Tom,
Perhaps I am a dinosaur in using direct floor access, resisting the tidal
movement toward interneting orders. The notion of relinquishing human contact
is a tad unnerving to me, but, again, this may be the Pleistocene in me. I
C/R with 3-5 contracts and have not generated ill will. The fact that I
generate 200-300 roundturns per month is not lost on them either, I'm sure.
But keeping the floor happy or tolerant because I am a cash cow is not my
primary intention. If there are other reasons for making the switch to
mouse/keyboard trading, I'd appreciate your thoughts in this regard. I
presume this is your implication by alternatives.
Dave Austin
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