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Terry,
Pardon the misunderstanding. I understood your intent completely. I was
suggesting some discussion of the example that you so generously provided.
It would be counter productive for all of us to say what we think is a high
probability trade every day. What would be of interest is a discussion of
the reasons for making a trade and for getting out of a trade etc. I think
that many traders are ashamed to say that they made(only) $150.00 in
Canadian Dollar because of the "big money expectations", but if their
reasons are sound then it's nothing to be ashamed of. Our losses usually
teach us the most or they should be teaching us something. Some of us will
be high flyers(like Steve Faucett) others will be steady but consistent.
Maybe it's just the summer heat that is making everyone drowsy.
Best Regards,
Brent
----------
> From: TQuinn211@xxxxxxx
> To: brente@xxxxxxxxxxxx; realtraders@xxxxxxxxxxxxxx
> Subject: Re: Disappointment with forum
> Date: Thursday, August 20, 1998 2:08 PM
>
> In a message dated 98-08-20 15:13:46 EDT, brente@xxxxxxxxxxxx writes:
>
> <<
> The OEX options discussion is good but how about some discussion about
> greed, or since Mr. khanitha isn't forthcoming some discussion about Mr.
> Quinn' s example, or about Mr. Downs sugar suggestion. Except for Mr.
> khanitha no one has been talking about their trades even after they are
> competed. Personally, I'm going back to the digest format until there is
a
> reason.
>
> Brent >>
>
>
> Brent,
>
> I for one will not typically give a specific buy or sell recommendation
to
> this forum other than in a general sense like I did this A.M. before the
> market opened, and in other postings where I indicated price targets.
>
> The primary intent of my posts are provide insight in the best direction
to
> trade a market. The entry prices will be dependent on price action of the
> index and the option during the day.
>
> It may not be your intent but it almost sounds that it is an expectation
that
> a trade with a "high degree" of reliability be posted daily by various
members
> of this forum.
>
> Personally I am more than willing to provide the fishing equipment, but
not
> the fish.
>
> If I misinterpreted your remarks, accept my apology in advance.
>
> I was just trying to provide a market view based on indicators i had
> previously provided to the group, so they could have a better idea how to
use
> them.
>
> For all I know nobody is using them and my post was a waste of time, but
if
> one person closed their call option at a higher price as a result of my
post
> then it was worth the effort.
>
> In addition, it is never expected that anyone respond to my posts.
>
> All the best,
>
> Terry Quinn
>
>
>
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