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Gwenael;
I heard from a reliable source that Linda "uses" the
techniques in Street Smarts actively, and you can see
this on her chat page (live time).
I was on the phone with an aquaintance of hers and he
asked me if I saw her trade on Cotton (a few months
back). I of course said "no", but he later on went to
say it was a Holy Grail set up etc.
So Linda does use the methods she does write about in
the Street Smarts book real time. I actually sat in
on her sessions and saw her taking some setups on
line.
I personally have traded her Anti setup and it has
worked very well.
JS
--- Gwenael Gautier <ggautier@xxxxxxxxxxx> wrote:
> In her book, there is an extensive description of
> the various entries. Nice,
> although they didn't make much sense to me. By that,
> I mean 1 hour later I had
> to look up again to remember what it was all about.
> Nevertheless between the
> lines one can see it doesn't really matter how she
> enters, she seems to have an
> excellent feeling for flow. Ie, if she senses the
> flow of the market, she'll
> use her patterns, which she probably knows by heart
> to get in, and then time
> stop or trail stop on lower time frame swing breaks
> or so.
>
> The systems sold with the book test poorly at best,
> but I believe she doesn't
> use these techniques as systems but as triggers. The
> flow is determinant for
> the entry setup, the pattern for the trigger, the
> position management
> thereafter for generating the profits.
>
> Might be wrong, but don't think to be far off.
>
> FWIW
>
> Gwenn
>
> | -----Ursprungliche Nachricht-----
> | Von: Tom Alexander [SMTP:gta3@xxxxxxxxxxxxx]
> | Gesendet am: Tuesday, August 31, 1999 2:30 PM
> | An: ggautier@xxxxxxxxxxx; Realtraders
> | Betreff: Re: Street Smarts
> |
> | Hi Gwenn,
> |
> | What do you mean, "her edge is in the exits not in
> the entries"? Either
> | their is an edge or there isn't, right? Perhaps a
> little timing technique
> | applied to the setups might improve their
> performance. I do not have the
> | book but I'm familiar with some of the setups. I'd
> like to hear more from
> | you on your experience.
> |
> | Regards,
> |
> | Tom Alexander
> |
> |
> |
> | ----------
> | > From: GAUTIER <ggautier@xxxxxxxxxxx>
> | > To: 'Randy Burns (TCG, Inc.)'
> <rburns@xxxxxxxxxxx>; Realtraders
> | <realtraders@xxxxxxxxxxxx>
> | > Subject: AW: Street Smarts
> | > Date: Tuesday, August 31, 1999 4:42 AM
> | >
> | > Frankly, I'd save the money. None of them tested
> positive in TS
> | backtesting...
> | > Her edge is in the exits not in the entries.
> | >
>
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