|
PureBytes Links
Trading Reference Links
|
This group is for the discussion of opinions on trading, trading psychology and
market prognostication. Earl expressed an opinion on market direction. He changed
his opinion. What is the big deal? If you are a trader and don't change your
opinion you will soon be broke. I try to trade without any opinion. I always have
an entry to the upside and one to the downside. If the numbers are hit and the other
parameters concur, I have a trade. Many times you will be in a trade and something
doesn't look right. You can't put your finger on what the problem is, then get out
of the trade and take another look. It looks different when you are not trying to
defend a position you have taken. Earl saw something that said, "hey, in my
opinion, conditions have changed" and he was nice enough to let every one know. To
castigate is wrong, to look and analyze his reasoning is what should take place. If
the reasoning is correct, in your opinion, you have the choice to act upon it or
not. If you feel that the reasoning is flawed, then reply with a reasonable
argument. We can all benefit in that manner. Didn't mean to lecture. Ira.
Iqbal Sajanlal wrote:
> Edelina,
> The percentage of people you talk about falling into a trap, my guess is less
> than 1%. The discussion on the RTDG is meant to enhance and learn from
> experienced traders like Earl. I am not an active trader but will read some of
> the posts on this RTDG when I have time. I second what Randy wrote on the RTDG.
> Earl is just sharing his view point, as he see the market presently. If you dont
> have an interest in reading his view point, dont do it but let others understand
> and learn from his experience. I with some others here on the RTDG appreciates
> what Earl's contribution have been. Please dont misunderstand me. I am seeking
> knowledge to be a better trader some day.
> Thanks.
>
> Edelina wrote:
>
> > once you are a shrt time trader .
> > you have to be able to switch every day from BUY/SELL or every hour.
> > BUT I am sorry to tell you that in a laps of 7 days you cannot change your
> > point of view from the market explosion to 1500-1600
> > to the market now @top.!
> >
> > Extremists are not aloud to give previsions .
> > such extremists previsions can let fall peoples in attrap.
> > if a stupid innocent ( perhaps also poor ) investor read the message from
> > earl adamy.
> > last week ... this investor will buy the market@xxxx exactly at the top.
> >
> > and if this ( medium poor investor ) has probleme to log with his computer
> > to
> > read again earl adamy... and abby cohany this poor guy might loose money
> > from
> > 1379... and it is more probable that he will loose ......
> >
> > I been loosing money exactly because of such extremes previsions.
> > because those who brings those extremes previsions have also
> > the capability to write things extremely influencing.
> >
> > so what do you think?
> >
> > Must be able to change your point of view
> > ----- Original Message -----
> > From: swp <swp@xxxxxxxxxx>
> > To: <duis.abn@xxxxxxxxx>
> > Sent: Mittwoch, 5. Mai 1999 14:55
> > Subject: Re: I refere to earl adamy "june bonds " message
> >
> > >Edelina -
> > >
> > >Gotta disagree w/what you wrote. The way to trade the market is to let
> > >the market tell you what it is going to do. If the market changes, you
> > >must change your opinion. I've flip-flopped in the same day.
> > >
> > >Steve
> > >
> > >> Edelina wrote:
> > >>
> > >> dear earl adamy,
> > >>
> > >> I respect your work.
> > >> but it is better you send few messages and specially those which not
> > >> contrary
> > >> one the other in a laps of 7 days.
> > >>
> > >> one week ago the sp500 was 1372 and you were prevising an explosion to
> > >> the 1400-1600
> > >> area..... now in your last message . you telling that you see a top in
> > >> equities.
> > >> and as a good politician you keep changing from equity to the bond
> > >> market.
> > >>
> > >> My GOD if only I have the courage to tell peoples my previsions
> > >> all of them will become rich .
> > >> but I am still without courage.
> > >> and I am keeping to wonder peoples like you who have even the courage
> > >> to
> > >> write contrarian messages.
> > >>
> > >> I understand that every one has and is free to express his prevision
> > >> on the market.
> > >> BUT he must take care of contrarian previsions very often.
> > >>
> > >> PLEASE refere to the message with title JUNE BONDS.
> > >
> > >--
> > >Steven W. Poser, President
> > >Poser Global Market Strategies Inc.
> > >http://www.poserglobal.com
> > >
> > >Tel: 201-995-0845
> > >Fax: 201-995-0846
> > >Email: swp@xxxxxxxxxxxxxxx
> > >
> >
> > ----- Original Message -----
> > From: Randall Reed <TickerRLR@xxxxxxxxxxxxxx>
> > To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> > Sent: Mittwoch, 5. Mai 1999 14:43
> > Subject: I refere to earl adamy "june bonds " message
> >
> > >Message text written by INTERNET:duis.abn@xxxxxxxxx
> > >>one the other in a laps of 7 days.
> > >
> > >one week ago the sp500 was 1372 and you were prevising an explosion to the
> > >1400-1600
> > >area..... now in your last message . you telling that you see a top in
> > >equities.
> > >and as a good politician you keep changing from equity to the bond market.
> > >
> > >My GOD if only I have the courage to tell peoples my previsions
> > >all of them will become rich .
> > >but I am still without courage.
> > >and I am keeping to wonder peoples like you who have even the courage to
> > >write contrarian messages.
> > >
> > >I understand that every one has and is free to express his prevision on the
> > >market.
> > >BUT he must take care of contrarian previsions very often.
> > >
> > >PLEASE refere to the message with title JUNE BONDS.
> > ><
> > >
> > >_________________________________________________________
> > >
> > >The markets dynamics can change on a heartbeat. Earl is wise enough to
> > >change his outlook just as quickly. It's called "split-second flexiblity"
> > >.........something all good traders aquire. Earl and others are kind
> > >enough to share each change as they see it develope. Don't limit yourself
> > >to "one thought - one direction". Watch instead, the multitude of
> > >"previsions" and the reversals that take place in these posted messages.
> > >You learn to appreciate those who have the guts to react to change and post
> > >their new "prevision".
> > >
> > >Just my thoughts.
> > >
> > >Randy
> > >
|