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Norman,
I'll propose my definition of a successful trader,
FYI.
If the balance on my account statement this month
is larger than the balance last month then I am doing better than 85% of the
traders out there.
My account statements are the only scorecard that
matters to me.
Tom
<BLOCKQUOTE
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Norman
Winski
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, February 12, 2002 4:05
PM
Subject: Re: [RT] Any experience with
Michael Ryan and his NICT?
Brent,I would ask for a definition of "successful"
trades. Is it worthwhile tomake a few ticks 80% of the time and then get
wacked big time on the other20%? As you can see, it is easy to be
right 80% of the time and still losemoney. One should concentrate on
the big picture of what the total approachis rather than each
trade. Anyone who guarantees 80% is suspect to me. In
fact, there are noguarntees in the markets. Every trading approach
has its cycles of ups anddowns. My personal goal is to break even during
the bad periods and reaplarge rewards during the good
times.Cheers,Normanin 7 1/8
lines.Norman----- Original Message -----From: "Brent"
<brente@xxxxxxxxxxxx>To: "Real Traders"
<realtraders@xxxxxxxxxxxxxxx>Sent: Tuesday, February 12, 2002 10:34
AMSubject: [RT] Any experience with Michael Ryan and his
NICT?> There is a guy traveling around giving classes for his
Natinal Instituteof> 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.
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