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Re: [RT] 5/18 & 5/22 NASDAQ Turning Points



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Joe:
  You said it all with this:
  "His "predictions" weren't great, but they were good enough to allow a
profitable trade. That's all you can really ever hope to get. I have never
heard of anyone successful at trading whose "predictions" are anywhere close
to perfect. The goal is to take something reasonbly okay and then learn to
manage the trade to make a profit over the bigger picture."


jerry










>Dom, not sure if your being sarcastic? (My apologies for not being clear).
>HA posted his analysis and then he managed the trade. "Predictions" are just
>the framework. They are about 50% of the equation. If Haytham didn't know
>how to trade, I seriously doubt he would have walked through this trade the
>way he did. Thats the other 50%.
>
>His "predictions" weren't great, but they were good enough to allow a
>profitable trade. That's all you can really ever hope to get. I have never
>heard of anyone successful at trading whose "predictions" are anywhere close
>to perfect. The goal is to take something reasonbly okay and then learn to
>manage the trade to make a profit over the bigger picture.
>
>If you think Marty Swartz and Paul Jones are great "predictors", I'll bet
>your wrong.
>
>
>
>----- Original Message -----
>From: Dom Perrino <domenick@xxxxxxxxxxxx>
>To: <realtraders@xxxxxxxxxxxxxxx>
>Sent: Tuesday, May 15, 2001 11:14 PM
>Subject: Re: [RT] 5/18 & 5/22 NASDAQ Turning Points
>
>
>>  Haytham,
>>      Is this 5/18 and 5/22 turns up/down in that order?
>>  Please let me know this evening as i am still short on previous turning
>>  point.
>>  Thanks
>>  Dom
>>  ----- Original Message -----
>>  From: <H.Albizem@xxxxxxxxxxxxxxxx>
>>  To: <realtraders@xxxxxxxxxxxxxxx>
>>  Sent: Tuesday, May 15, 2001 8:21 PM
>>  Subject: Re: [RT] 5/18 & 5/22 NASDAQ Turning Points
>>
>>
>>  > --- In realtraders@xxxx, H.Albizem@xxxx wrote:
>>  >
>>  > Hi to all,
>>  >
>>  > Honestly I lost any interest in posting anything meaningfull on this
>>  > list, I am a member of several discussion groups and I have posted my
>>  > messages at the same time including a new group(I was asked to join)
>>  > which is currently closed to any new traders. Here I got personal
>>  > attacks and cercastic comments and over there I got constructive
>>  > comments without any personal attack and cercastic comments(although
>>  > a lot don't know me).
>>  >
>>  > The question arised in my mind why should I post here, let Dennis-
>>  > like peoples post their stuff here.
>>  >
>>  > If anyone need any help or want to know my analysis contact me
>>  > privately and I will do the best I can to help.
>>  >
>>  > Good luck everyone in your trading and my best wishes.
>>  >
>>  > Haytham
>>  >
>>  >
>>  > To unsubscribe from this group, send an email to:
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>>  >
>>  >
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>>  >
>>  >
>>  >
>>
>>
>>  To unsubscribe from this group, send an email to:
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>>
>
>
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