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Brent,
I would ask for a definition of "successful" trades. Is it worthwhile to
make a few ticks 80% of the time and then get wacked big time on the other
20%? As you can see, it is easy to be right 80% of the time and still lose
money. One should concentrate on the big picture of what the total approach
is rather than each trade.
Anyone who guarantees 80% is suspect to me. In fact, there are no
guarntees in the markets. Every trading approach has its cycles of ups and
downs. My personal goal is to break even during the bad periods and reap
large rewards during the good times.
Cheers,
Norman
in 7 1/8 lines.
Norman
----- Original Message -----
From: "Brent" <brente@xxxxxxxxxxxx>
To: "Real Traders" <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, February 12, 2002 10:34 AM
Subject: [RT] Any experience with Michael Ryan and his NICT?
> There is a guy traveling around giving classes for his Natinal Institute
of
> Commodity Training from Lexington, Kentucky. He promises 80% successful
> trades. He charges about $2000 for a class. Can anyone say what this guys
> system is or what his 10 conditions are. Thanks
>
>
>
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