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I don't get it. If you believe that you can TRADE! then what do you want to
join a management firm for? If you can TRADE then TRADE. People have
started with less than $2600 and succeeded, you just might be one of those
naturals. Catch a plane for Chicago lease a seat and go for it.
Brent
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> From: khanitha <charlie@xxxxxxxxxx>
> To: realtraders@xxxxxxxxxxxxxx
> Subject: NOT hindsight: $2,600 to over $21,000 in 3 weeks.....
> Date: Monday, August 31, 1998 11:14 PM
>
> Hi all rt's, got your attention yet?
>
> This will probably be my last post for quite some time, if not my last.
> If you have been following me since i joined this thing (rt's) about a
> month ago, i have made serveral observations/comments:
>
> # 1 - I have given you "some" of my "secrets"....."NOT Hindsight".
> # 2 - It's NOT bragging if you can do it.
> # 3 - If you never lie, then you will never have to worry about what you
> said, or,
> If you always tell the truth, you will never have to remember what
> you said.
> # 4 - which is #3 - "Honesty"
> # 5 - o.k. We have established that i am honest, and actually Very
> "humble".
> # 6 - 2 weeks ago, BEFORE the markets opened i spelled out what i was
> going to do.
> I then went to 7/11 to get my money orders and 4:30 monday morning
> went
> down to the local brokerage and deposited $1,200, bought a call
for
> 11.50, and
> sold it 2 days later for 24. or so (based on "sell the rumor, buy the
> fact"), then deposited $1,400 later that week and NEVER added anymore,
for
> a total "investment"
> of "$2,600. Do you all recall those old BEFORE the fact posts?
> keep in mind the 4 sep 515's that i bought for "7" went to 16 that same
> first week,
> then down to "5", and i did NOT touch them! oh, and i also got that 1 sep
> 500,
> all documented BEFORE, right here on rt's, remember?!
> # 7 - Because i am still holding all 5 puts that raises a very obvious
> question: When do i dump them, I think the 4 sep 515's closed around 45
> because the oex closed
> around 471. Ya, i lost the premium, who cares!!! Please, no more
pathetic
> posts about how premium times the inverse quadratic bla, bla, bla, bla,
> bla.....SORRY, but i'm a Trader, NOT a ..........oh, that leaves us to #8
> # 8 - Do NOT "nickel and dime" over such things that don't matter, ever
> wonder why
> most people can't trade? I can already see an indepth conversation from
> some guy called the "Doctor", about premium bla, bla, bla, who reads
those
> things???
> My "Delete" finger hurts from all of those. PLEASE, don't take offense
if
> you love learning and reading, but if that's what you want, go to school.
> If you want to "trade",
> talk to me. I went to U-Mass for economics, then quit in 1989 (9 years
> ago?, wow, time fly's), and took the "road less traveled" ever since.
> # 9 - Besides this oex trade i only mentioned 3 other trades on this
forum.
> cocoa, japanese yen,
> and now o.j. I actually used nice wide stops in cocoa, made some and
lost
> some $,
> and yen obviously never tanked. Oh, and i'm currently up a little in
those
> oex's.
> # 10 - I hope what follows here, you truly believe me....Here goes:
> BEFORE i joined this rt's thing about a month ago, i called the big break
> in canadian dollar from about the 69's (hint, just look at the "monthly"
> charts , and the weekly, and the daily when we finally broke), the S+p's
> break out above "1000" for the first time (that was an easy one, go back
> and look at the charts...) and many, many more. You can believe me or
not,
> i'll still be trading, and i hope my posts over the last month have
proved
> that i can trade. Oh, even if some of you trader's did exactly what i
did,
> would you still be holding once your "7" got in to the 20's???
> # 11 - Again, NOT bragging, but, I have the mind, vision, stomach,
health,
> experience,
> guts, need i go on? To PROVE that i can trade very well . With some of
> your support maybe the next "market wizard"............now for the whole
> reason i joined this thing a month ago."NOT hindsight"...........#12
> # 12 - I want to manage money.......maybe a "limited
partnership"......I
> heard it has to be less than 15 people or $500,000 ? to keep it simple.
> Remember, "KISS"...
> I do NOT know any of the legal aspects so PLEASE, anyone who does, let me
> know so i can get this started as soon as possible. If anyone is
> interested in starting something to this effect, let me say this: I want
> NO "management/incentive fee",
> I want NO commission cut. I will invest my money with yours. All i ask
is
> for me to make all the trading decisions, maybe we make it last 6 months
> then redeem?
> What ever you think is fair. Oh, All i want i a fair % of our NET
profits,
> fair and honest enough. goodbye real traders for a while. Anyone
> interested in this, please contact me by private e-mail, i think it's
> charlie@xxxxxxxxxx . Again, i know nothing of the legal aspects so we
need
> to clear that up first, then work on a good relationship and agree upon a
> fair % of the net profits.
> take care and aloha,
> gary
> hawaii
>
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