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<DIV><FONT size=2></FONT><FONT face=Arial size=2>Hello Rt's</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>A STORY...</FONT></DIV>
<DIV><FONT face=Arial size=2> </FONT></DIV>
<DIV><FONT face=Arial size=2> Forth of July barbeque , I'm
sitting on the deck engaged in casual conversation. The subject of Trading comes
up. As the conversation develops and goes through methods and techniques of
tradeing, I'm asked if and when I find my Holy Grail method will I teach it to
my sons. Of course...but not yet was my almost reflexive reply. My oldest son is
8 years old and the thought of handing over my account to an 8 year old was of
course funny...the comment was of course meant to be funny. However the thought
stuck with me for a few days. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial> A<FONT size=2> month earlier my
account had dropped suddenly, the victim of news on a particular stock I held. A
$10,000 loss in a matter of minutes...arrrgh!!! That ticklish tummy feeling you
get in a quickly desending elevator times a quadrillion. My mind raced about
what the loss meant and I regreted not haveing sold on open. $10,000 is two jet
skis, a small ski boat, Five big screen TV's, twice the value of my current car,
XX days work, XX months of mortgage etc......I'm sure some of you are familiar
with this experience. Luckily the stock recovered later in the week but the
feeling remained. I hadn't seen just numbers, I saw what those numbers meant to
me. Anyone who's drawn a salary or an hourly wage couldn't help but to do the
same, have the same reaction.</FONT></FONT></DIV>
<DIV><FONT face=Arial><FONT size=2></FONT></FONT> </DIV>
<DIV><FONT face=Arial><FONT size=2><FONT size=2>T</FONT>HE TWO THOUGHTS COME
TOGETHER</FONT></FONT></DIV>
<DIV><FONT face=Arial><FONT size=2></FONT></FONT> </DIV>
<DIV><FONT face=Arial><FONT size=2> As I sat a watched
my son play "Star Fox" (a video game), I wondered if he could play my
game "Stock Market" (also a video game) and do as well. His quick
reflexes and tolerance for mundane repetion, pattern recognition and attention
to detail learned from playing video games would be an advantage. At 8 his IQ is
already greater than mine (proud parent bragging). His inexperience though, I
thought, would actually be his greatest advantage. He could "pull the
trigger" and follow a preset tradeing methodology without second guessing,
hesitation, fear or greed. The numbers that have meaning to me would just be
numbers to him.</FONT></FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial><FONT size=2> Reading through
the past posts to RealTraders I get the impression that methodology is less
important to successful trading than confidence in one's methodology,
consistency of that methods application and the methodologys timely excecution.
The method could be based on market news, interest rates, momentum, relative
strength, earnings per share...phases of the moon or rubber ducks as long as
it's executed with confidence and consistency in a timely
manner.</FONT></FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial>THE ULTIMATE TEAM...PERHAPS?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial> Perhaps confident skill and
experience are difficult to put into one person. Those that have both, become
master traders. For the rest of us perhaps there would be value in, after having
found a methodology we can hang our hats on, turning over an account to an 8yr
old who could execute the plan without emotion. Just kidding...sort
of...</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Just a random thought I had. Hope it sparks some
response.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>I am by no means a master trader and I don't
pretend to any particular skill or knowlege. I'm a rank amateur at this game
trying to get better. I am however starting to get a feel for the psychology of
trading problems that more experience players have tried to express here on real
traders.</FONT></DIV>
<DIV> </DIV>Has anyone put together such a team?</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Wed Jul 07 19:53:37 1999
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Message-Id: <199907072318.TAA00016@xxxxxxxxxxxxxxxxxxxxxxx>
From: "Tom Alexander" <gta3@xxxxxxxxxxxxx>
To: <nwinski@xxxxxxxxxxxxxxx>, "charles meyer" <chmeyer@xxxxxxxx>
Cc: "REAL TRADERS" <realtraders@xxxxxxxxxxxx>
Subject: Re: GEN: DUCKS, ASTROLOGY, ETC......
Date: Wed, 7 Jul 1999 19:21:01 -0400
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From: nwinski <nwinski@xxxxxxxxxxxxxxx>
To: charles meyer <chmeyer@xxxxxxxx>
Cc: REAL TRADERS <realtraders@xxxxxxxxxxxx>
Subject: Re: GEN: DUCKS, ASTROLOGY, ETC......
Date: Wednesday, July 07, 1999 6:51 PM
> Charles,
Skeptical Inquirer is the same publication that was caught fudging the
numbers when critiquing the
proof for Astrology by Michel Gauquelin. S.I. put Drs. Abel and Bok, Nobel
Prize
winners, on the case as their attack dogs. Problem is that the case by
Gauquelin was too strong so they had to cheat on the numbers. When these
guys
got caught, it was a major stain on their careers. Now here is the best
part.
Abel and Bok were vehement opponents against Astrology, even though they
had
never studied it.
They were born just a few weeks apart, were life long friends, and followed
much
the same career path, including embarrassing themselves at the end of their
carreers with cheating trying to discredit Astrology. . They died a few
weeks
apart just as they had been been just a few weeks apart. Hmmmm? Jimi
Hendirx
and Janis Joplin were born 5 weeks apart and died 5 weeks apart. Both had
similar careers and died from drug overdose. Coincidence?
I was under the impression that even a couple of minutes could make a huge
difference in your natal chart, and therefore your traits and destiny as
well. Much less 5 weeks which would put them in different signs (or even a
"few" as in Abel and Bok)? If you have different personality traits or
propensities according to your sign and/or the place you were born, what is
the above or disproving?
Curiously a lot, skeptically quite a bit, and not quite dismissingly,
Tom Alexander
ps. I know you know my sign! Don't know if this fits. Hope all's well.
Perhaps.
Coincidentally,
Norman
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