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FWIW, I've kicked around the trading business for 15 years, the last 5 years
full time trading futures. With the exception of a six month period trading
OEX options full time in the late 80's (I blew out the account buying
premium), I spent most of 10 years building and testing systems which never
seemed to hold up in thorough testing. It was when I moved from systems
trading to discretionary trading and from study of indicators to study of
price and market behavior that I began to make the headway which allowed me
to begin trading full time. If there is one book which I wish I had found
when I started, it is Robert Miner's Dynamic Trading - costs $100 (with one
year money back guarantee) at www.dynamictraders.com - which sets forth very
practical techniques for discretionary trading. All authors will try to sell
you their custom trading software - not needed for trading.
Earl
----- Original Message -----
From: <jsessi5941@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, May 06, 2001 3:14 PM
Subject: Re: [RT] WHY...Trading Profession?
> I total agree with you as I said I have a closet full of books and soft
ware
> I have attempted to trade oex options (long calls and puts) for the last 8
> years
> and never had a winning year most were loss or brake even. Ihave stop
trading
> and look at what I am doing wrong and what i am doing right.
>
> most of you all are professions at trading and have worked hard to get
there
> . I am not asking you give me the golden goose that you have worked so
hard
> for.
> I am looking for a little direction which is what Stephen had in his
e-mail
>
>
> that e-mail told me that I have a lot of work ahead of me. and now i have
a
> starting point.
>
>
> you see if you gave me the goose I would not know how to use it because
its
> your goose, I understand that I have to find and grow my own.
>
> I learn a long time ago there are no free lunches.
>
> Thanks very much for your input
> James.
>
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