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I did not say she doesn't use these. I believe she uses these. I am saying if
you use use them as such, you lose money. As was said, these are not meant to
be a mechanical system, these are meant to be triggers. You use triggers in
combination with the correct setup. The setups are not discussed there, and
they are up to you to figure out.
Gwenn
| -----Ursprungliche Nachricht-----
| Von: The Torch [SMTP:iceman_nrg@xxxxxxxxx]
| Gesendet am: Tuesday, August 31, 1999 3:58 PM
| An: ggautier@xxxxxxxxxxx; 'Tom Alexander'; Realtraders
| Betreff: Re: AW: Street Smarts
|
| 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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