[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: MM & Psychology



PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>

<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<META content='"MSHTML 4.72.2106.6"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT color=#000000 size=2>Linda/Peter/Group:</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>Still doesn't explain exactly what LBR, Schwartz and 
Weinstein</FONT></DIV>
<DIV><FONT size=2>use/used to get 70%+ winners short term 
trading......</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>Chas</FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From: 
    </B>Peter M. Beckwith &lt;<A 
    href="mailto:capstone@xxxxxxxxxxxxxxx";>capstone@xxxxxxxxxxxxxxx</A>&gt;<BR><B>To: 
    </B>RealTraders Discussion Group &lt;<A 
    href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
    </B>Thursday, March 25, 1999 1:13 PM<BR><B>Subject: </B>Re: MM &amp; 
    Psychology<BR><BR></DIV></FONT>
    <DIV><FONT color=#000000 size=2>Linda:</FONT></DIV>
    <DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
    <DIV><FONT color=#000000 size=2>How about vice-versa as well?&nbsp; You 
    could have 20% winners and 80% losers but if you pyramid the 20% you could 
    do extremely well.&nbsp; Richard Dennis once said that the majority of his 
    profits came from just 5% of his trades.</FONT></DIV>
    <DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
    <DIV><FONT color=#000000 size=2>Everybody wants to have 80% winners, but I 
    think that is insignificant unless you are a scalper or a SOES trader and 
    then you also have to overcome the increased costs of slippage and execution 
    costs, makes it tough to beat the vig.</FONT></DIV>
    <DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
    <DIV><FONT color=#000000 size=2>Best Regards</FONT></DIV>
    <DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
    <DIV><FONT color=#000000 size=2>Peter 
Beckwith</FONT></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Thu Mar 25 12:27:46 1999
Received: from list.listserver.com (198.68.191.15)
	by mail02.rapidsite.net (RS ver 1.0.2) with SMTP id 21505
	for <neal@xxxxxxxxxxxxx>; Thu, 25 Mar 1999 14:32:49 -0500 (EST)
Received: from localhost (localhost [127.0.0.1])
	by accessone.com (8.8.5/8.8.5/PIH) with SMTP id LAA17200;
	Thu, 25 Mar 1999 11:26:26 -0800 (PST)
Received: from pop2-alterdial.uu.net (alterdial.UU.NET [192.48.96.22])
	by accessone.com (8.8.5/8.8.5/PIH) with ESMTP id LAA17022
	for <realtraders@xxxxxxxxxxxxxx>; Thu, 25 Mar 1999 11:24:19 -0800 (PST)
Received: from g6450 by pop2-alterdial.uu.net with SMTP 
	(peer crosschecked as: 1Cust228.tnt7.west-palm-beach.fl.da.uu.net [153.36.40.228])
	id QQgicj17077
	for <realtraders@xxxxxxxxxxxxxx>; Thu, 25 Mar 1999 19:24:13 GMT
Message-Id: <010c01be76f5$0d3cb520$e4282499@xxxxx>
Date: Thu, 25 Mar 1999 14:24:06 -0500
Reply-To: "Dtrader" <dan@xxxxxxxxxxxxxxxxx>
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: "Dtrader" <dan@xxxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: was [MM & Psychology]
MIME-Version: 1.0
Content-Type: multipart/alternative;
	boundary="----=_NextPart_000_0109_01BE76CB.23C7FC20"
X-To: <realtraders@xxxxxxxxxxxxxx>
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 4.72.3155.0
X-MimeOLE: Produced By Microsoft MimeOLE V4.72.3155.0
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
X-Loop-Detect: 1
X-UIDL: 2dc2b4f6bd46fbcd4e9983a28c03a23f.15

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>

<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN"><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<META content='"MSHTML 4.72.3612.1700"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#000000 face=Arial size=2>wow.&nbsp; that's a lot of 
winners.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From: 
    </B>charles meyer &lt;<A 
    href="mailto:chmeyer@xxxxxxxx";>chmeyer@xxxxxxxx</A>&gt;<BR><B>To: 
    </B>RealTraders Discussion Group &lt;<A 
    href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
    </B>Thursday, March 25, 1999 2:17 PM<BR><B>Subject: </B>Re: MM &amp; 
    Psychology<BR><BR></DIV></FONT>
    <DIV><FONT color=#000000 size=2>Linda/Peter/Group:</FONT></DIV>
    <DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
    <DIV><FONT size=2>Still doesn't explain exactly what LBR, Schwartz and 
    Weinstein</FONT></DIV>
    <DIV><FONT size=2>use/used to get 70%+ winners short term 
    trading......</FONT></DIV>
    <DIV><FONT size=2></FONT>&nbsp;</DIV>
    <DIV><FONT size=2>Chas</FONT></DIV>
    <BLOCKQUOTE 
    style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
        <DIV><FONT face=Arial size=2><B>-----Original 
        Message-----</B><BR><B>From: </B>Peter M. Beckwith &lt;<A 
        href="mailto:capstone@xxxxxxxxxxxxxxx";>capstone@xxxxxxxxxxxxxxx</A>&gt;<BR><B>To: 
        </B>RealTraders Discussion Group &lt;<A 
        href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
        </B>Thursday, March 25, 1999 1:13 PM<BR><B>Subject: </B>Re: MM &amp; 
        Psychology<BR><BR></DIV></FONT>
        <DIV><FONT color=#000000 size=2>Linda:</FONT></DIV>
        <DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
        <DIV><FONT color=#000000 size=2>How about vice-versa as well?&nbsp; You 
        could have 20% winners and 80% losers but if you pyramid the 20% you 
        could do extremely well.&nbsp; Richard Dennis once said that the 
        majority of his profits came from just 5% of his trades.</FONT></DIV>
        <DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
        <DIV><FONT color=#000000 size=2>Everybody wants to have 80% winners, but 
        I think that is insignificant unless you are a scalper or a SOES trader 
        and then you also have to overcome the increased costs of slippage and 
        execution costs, makes it tough to beat the vig.</FONT></DIV>
        <DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
        <DIV><FONT color=#000000 size=2>Best Regards</FONT></DIV>
        <DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
        <DIV><FONT color=#000000 size=2>Peter 
Beckwith</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Thu Mar 25 12:27:34 1999
Received: from list.listserver.com (198.68.191.15)
	by mail02.rapidsite.net (RS ver 1.0.2) with SMTP id 22323
	for <neal@xxxxxxxxxxxxx>; Thu, 25 Mar 1999 14:58:43 -0500 (EST)
Received: from localhost (localhost [127.0.0.1])
	by accessone.com (8.8.5/8.8.5/PIH) with SMTP id LAA18136;
	Thu, 25 Mar 1999 11:34:44 -0800 (PST)
Received: from mail-p.elnet.com (root@xxxxxxxxxxxxxxxx [206.148.64.15])
	by accessone.com (8.8.5/8.8.5/PIH) with ESMTP id LAA17844
	for <realtraders@xxxxxxxxxxxxxx>; Thu, 25 Mar 1999 11:32:06 -0800 (PST)
Received: from shell0.elnet.com (root@xxxxxxxxxxxxxxxx [206.148.64.13])
	by mail-p.elnet.com (8.8.5/8.8.5) with ESMTP id OAA01421
	for <realtraders@xxxxxxxxxxxxxx>; Thu, 25 Mar 1999 14:13:31 -0600
Received: from gc22l (pm422.elnet.com [206.148.66.151])
	by shell0.elnet.com (8.8.5/8.8.5) with SMTP id NAA17879
	for <realtraders@xxxxxxxxxxxxxx>; Thu, 25 Mar 1999 13:36:29 -0600
Message-Id: <199903251936.NAA17879@xxxxxxxxxxxxxxxx>
Date: Thu, 25 Mar 1999 13:34:03 -0600
Reply-To: gpeder@xxxxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: "Glenn Pederson" <gpeder@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: RT Help for the Newbie
In-Reply-To: <36FA72E8.62035957@xxxxxxxxxxxxx>
MIME-Version: 1.0
Content-type: text/enriched; charset=US-ASCII
Content-transfer-encoding: 7BIT
X-pmrqc: 1
X-mailer: Pegasus Mail for Win32 (v3.01b)
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
X-Loop-Detect: 1
X-UIDL: 451c17222166f3ebb550772f7bc15022.0e

<x-rich>On 25 Mar 99, at 11:31, Neil Kerr wrote:


<color><param>7F00,0000,0000</param>> Then why are you trading??


</color>I am trading in order to learn the business.  I have read many books 
on how to succeed in business and they all say to associate with 
others who are successful.  It seems to be much easier to track 
successful people down in other businesses.


I think by seeing others do it, sure helps one succeed.  Take the 

familiar mile run.  Once a runner breaks the world record then many 

do.  I feel if I knew that others were successful and was able to 

associate with them that this would speed up the process.


Despite the fact that I cannot find any other successful traders to 

associate with, I still desire to succeed in trading.  It is my dream 
and I've been working hard at it for well over ten years.


You seem to imply that, since I am unable to find others that are 

successful, that I should not pursue trading.  What would Neil 

Armstrong say about that!!  No one he knew had set foot on the 

moon but he pursued it and did it.  I think I just might be the first

person to succeed at trading!




<nofill>
Glenn Pederson
gpeder@xxxxxxxxx

</x-rich>