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<DIV><FONT color=#000000 size=2>Hi RTs,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>Thanks to all who took the time to respond to my questions. I
should have pointed out that since I trade commodities, exchange fees are the
greatest part of realtime data expenses. It was with this in mind that I
considered a web-based data service that could be an affordable alternative to
what currently exists. There are already free and inexpensive real-time services
on the internet for stocks (<A
href="http://www.freerealtime.com";>www.freerealtime.com</A>), so it would serve
no useful purpose to try to compete in that arena. As far as providing real-time
data and charting for futures, there's no legal way around those exchange fees
(and the cost for data which could be redistributed is prohibitive, at least
initially - hence, not much chance of providing an affordable quality service.
It would appear that the idea was stillborn - not much of a surprise,
really.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Regards,</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Dennis C.</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Tue Jan 12 12:08:43 1999
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From: "Gary Kramer" <gmkramer@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Scalping Help!
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<DIV><EM><FONT color=#000000 size=2>I have been day trading Spoos for about 5.5
months now and have a dilemma. When I first started out, I scalped the
market and made 1-2 points per trade and was making money consistently. I
was using retracements as the basis for my trades. Everything I read and
everyone I listened to suggested that in order to succeed, i needed to let
profits run. I noticed that I left a lot on the table so I investigated a
whole bunch of other systems. Nonetheless, even though the systems worked,
they did not work for me. I just couldnt let my profits run and I wasnt
good at implementing the strategies. My confidence soured and I reverted
back to the scalping to get my equity and confidence back. Again, I tried
other strategies and failed. I am back to scalping and feel real
good about it. I have a friend who guarantees that I will fail if i
scalp. I have looked back at hundreds of charts and recognize that based
on my strategy of buying or selling pullbacks, the success rate is near 80% with
objectives of 1.5-2 points. The question is: can I make money?
I have done so, am doing so now, but its bothering me that this buddy of mine
insists that it cant be done. </FONT></EM></DIV>
<DIV><EM><FONT color=#000000 size=2></FONT></EM><EM><FONT color=#000000
size=2> BTW, I always have a 2 point stop in!</FONT></EM></DIV>
<DIV><EM><FONT color=#000000 size=2></FONT></EM> </DIV>
<DIV><EM><FONT size=2>Any words of wisdom would be most
appreciated!</FONT></EM></DIV>
<DIV><EM><FONT size=2></FONT></EM> </DIV>
<DIV><EM><FONT size=2>Thanks</FONT></EM></DIV>
<DIV><EM><FONT color=#000000 size=2></FONT></EM> </DIV>
<DIV><EM><FONT color=#000000 size=2></FONT></EM> </DIV>
<DIV><EM><FONT color=#000000 size=2><BR>Gary
Kramer<BR></FONT></EM></DIV></BODY></HTML>
</x-html>From ???@??? Tue Jan 12 12:12:24 1999
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From: "Gary Kramer" <gmkramer@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: NASDAQ INDEX
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Rydex has a fund that tracks the Nasdaq 100
-----Original Message-----
From: Ruth Alexander <harlequin.stone@xxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, January 12, 1999 1:54 PM
Subject: NASDAQ INDEX
>Would anyone know of a mutual fund that follows the NASDAQ?
>
>Thanks,
>Ruth
>
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