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Re: [RT] "I ain't no Richard Dennis...but"



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"Yes" would have been fine...

Regards,

Tom Alexander

----- Original Message -----
From: Steve Karnish <kernish@xxxxxxxxxxxx>
To: <Metastockusers@xxxxxxxxxxxxxxx>; <metastock@xxxxxxxxxxxxx>;
<realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, May 23, 2001 6:35 PM
Subject: [RT] "I ain't no Richard Dennis...but"


> "Re: [RT] question for systems traders"
>
> Tom,
>
> I know that you trade the grains, so I will limit my comments to only the
> wheat market.   I have used a mechanical system, for the majority of my
> customers, for the last four years.
>
> Last year, we traded wheat 24 times and with 22 winners, 2 losses.  I
wanted
> to publish the account statements, but was informed that the statements
were
> not enough, they had to be independently audited.  So, currently, they are
> being audited.
>
> With $6 round turns becoming an everyday occurrence, I have filed a
> disclosure doc to allow my CTA status to be elevated, allowing me to
manage
> money (it's what I've been doing since 1975, but currently, as you know,
> without the "d doc" you must obtain permission from the customer for all
> trades).  The commission business has been a "dying dog" for many years
and
> I noticed last week that the NFA decided to "double" our fees...because
they
> can.
>
> I used to try to contribute to realtraders, but considering the negative
> tone of most posts...who really has the time to get into a "pissing match"
> with a bunch of "non-traders".   Don't get me wrong, and whoa, don't be
> offended if you (in the second person, plural) actually trade...but, many
> posters DON'T (not you Tom)..
>
> There isn't one holy grail...there's bunches of them.  I use  momentum
> oscillators (StoRSI, CMO & Bollinger Band Oscillators) to swing trade in
> daily and 5 minute time frames.  The exact same indicators work on the 50
> stocks that I have provided, to the public (absolutely free), for the last
> two years.
>
> And, it was sooooo easy ... 25 years in the industry, 10,000+ hours of
> research, craters to equity and brain cells, etc.  Many list members
> continue to challenge each other to publicly post their approaches ... I
> guess so they can sling even more shit in the direction of the brave few.
>
> Well, take your best shots.  Every trade, in futures or equities, that I
> have made in the past two years has been posted, the day before, for
public
> scrutiny.  Please, I don't want any business from anyone on this forum.
My
> god, who would want most of these whiners in their book?  I'd much rather
> double money for a wheat farmer, who I can sit down and have a beer with,
> than some jerk who doesn't trade and hangs around the forum, only to
> criticize and whine.
>
> I would say that the Equis forum is producing about 100 times the value
that
> this forum produces.  Exchanges of formulae, approaches, conversions from
MS
> to EasyLang and back again, are common occurrences.  Sure, like all
product
> forums, there are people who bitch everyday about what the product doesn't
> do.  But hey, guess what?  The bitchers don't trade...surprise!  They
spend
> all their time investing in negative energy.  They soon become morally
> bankrupt and folks, it helps to bring a positive attitude to the trading
> table.  Does the word Karma ring a bell?
>
> On a final note, the regulatory "gods" have decided that it's OK for me to
> broadcast "live", provided I hum my disclaimer every few minutes.  Anyone,
> who might have an interest in their own internet radio show, on my
> intergalactic, internet radio network, please contact me privately.  I
know
> that means that many of the people that I disdain will probably be the
first
> ones to respond...so, if you don't hear back...it means I don't like you.
>
> And as Richard Dennis used to be found of saying (paraphrasing):  "I could
> publish my exact approach in the Chicago Trib and no one would ever pay
> attention".  Most folks wouldn't know a great trading system if it sat on
> their face...and if they actually recognized and tried to use it, they
would
> find a way to "abuse and lose" the system and money...simply because they
> would allow their large brains to "out think" what could be so simple.
>
> Thanks Tom...I've been tempted to ask your same question.
>
> Steve Karnish, CTA
> Cedar Creek Trading
> http://www.cedarcreektrading.com
>
> ----- Original Message -----
> From: "Tom Alexander" <gta3@xxxxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, May 23, 2001 10:48 AM
> Subject: [RT] question for systems traders
>
>
> > Have any of you that trade a mechanical system traded the same system
for
> 12
> > months, taken every signal, and been profitable at the end of the
period?
> >
> > Regards,
> >
> > Tom Alexander
> >
> >
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> >
> >
> >
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http://docs.yahoo.com/info/terms/
> >
> >
>
>
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>


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