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Re: [RT] Futures-EOD or RT



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> One can understand why if you have priced meat at the local 
>supermarket lately.

Huh?  I've never seen meat so cheap in my life.  Boneless skinless 
chicken breasts at $1.70/lb, top sirloin $1.90/lb, salmon fillets 
$3.00/lb.  I don't even bother to stock up anymore because the prices 
keep falling.  Bad karma to kill animals.  You might wind up a 
brightly colored deer in your next life.


--- In realtraders@xxxx, "Tom Bowen" <kenoor@xxxx> wrote:
> Now this I like.  We're communicating openly about trading.  This 
is good for everyone especially any new traders who may have joined 
this list and are "lurking" out there trying to learn.  We accomplish 
nothing when we bicker amongst ourselves.
> My sincerest, Thank You.
> 
> We are all different and we must allow one another to exist while 
maintaining our individualism.  There is nothing wrong with 
disagreement, in fact it is a healthy state, as long as we agree to 
disagree and continue to coexist in tolerance of one another.
> 
> You and I agree on fishing but we disagree on hunting.  BTW, I do 
not hunt (nor would I kill an animal) for sport, I hunt for the 
meat.  I fill my freezer with a good winters supply of meat every 
hunting season.  One can understand why if you have priced meat at 
the local supermarket lately.
> 
> We disagree on working nights and our approach to trading but that 
is okay as long as we agree to disagree.  I could have a mechanical 
trading system.  After 30 years in the computer industry and several 
million lines of code I am a fairly competent programmer in C, C++, 
PC Assembler, Visual Basic, etc, etc, etc.   I am retired now so my 
days, nights and weekends all kind of run together.  If I were going 
to trade with a mechanical system I would just open a managed Futures 
account and let it go at that.  I love the trading business for what 
it is and I love to trade.  The thrill of winning and the agony of 
defeat and all that stuff.  I enjoy challenging the market place, 
doing the analysis, deciding which markets to trade, calculating 
entry and exit points, testing new trading ideas/concepts and all the 
other work that goes along with being in control of ones destiny.  I 
do not and will not insult my intelligence by watching television so 
trading is my profession, hobby and entertainment.  When most people 
are sitting down in front of the stupid tube after dinner I go to my 
computer room and trade.  Different strokes for different folks.  
After spending all day with me I think my wife is glad to get rid of 
me for a while in the evening :-).
> 
> It appears that we do agree on the most important and vital aspect 
of our existence however.  In 1967 the good Lord saw fit to touch my 
life and turn me around.  I maintain a very strong and ever growing 
relationship with God the father and my savior Jesus Christ.  In the 
final accounting at judgement day we are all going to be held 
accountable for the way we lived our lives and that is all that is 
going to matter.
> 
> God bless everyone who reads this message and I sincerely wish you 
all the very best life has to offer,
> Tom
> 
> 
> ----- Original Message ----- 
>   From: TheQuant 
>   To: Tom Bowen 
>   Sent: Tuesday, February 26, 2002 7:38 PM
>   Subject: Re[2]: [RT] Futures-EOD or RT
> 
> 
>   Hello Tom,
> 
>   TB> I  am  a  position  trader  and  leave day trading to those 
better
>   TB> suited for it.
> 
>   Yes, it's best to find a method that suit's ones self, I agree.
> 
>   TB> I  can not or will not day trade because I know I do not make 
good
>   TB> decision  under  pressure.  I  need time to analyze and 
select the
>   TB> best opportunities from a variety of different markets so 
position
>   TB> trading is my strong suit.
> 
>   Yes, good point! The exact reason I would suggest anyone who 
wishes to
>   day trade use computer generated systems.  As humans we are very 
week
>   under pressure.  We make all the wrong decisions under pressure.
> 
>   TB> For  a  lot of other reasons position trading makes more 
sense for
>   TB> me because I do not want to be tied to a computer or quote 
machine
>   TB> all day. I make my trading decisions at night when the 
pressure is
>   TB> off, email my orders to my broker for the next morning and 
then go
>   TB> fishing.
> 
>   Yes,  a  very  good  point! Not only do I go fishing I often 
travel to
>   Chicago  just  to  eat  pizza  with a broker friend. I can do all 
this
>   because  I have my trading completely mechanical. My redundant 
trading
>   platforms  send  out  signals  to  a  secure  site where my 
broker the
>   trades.
> 
>   TB> Position  trading provides me with the best of both worlds. I 
love
>   TB> trading and make my living at it. My work day starts at about 
5 pm
>   TB> and  runs  until  about 10 pm at which point I email my 
broker and
>   TB> call  it  quits  for  the day. The next day up until 5 pm I 
can do
>   TB> whatever  seems appropriate with my time.
> 
>   This  is  sad,  I  hate  to  see  anyone  work at night like that 
when
>   normally  we  would  want to spend time with our families. Even 
though
>   you  are  a  end  of  day trader with your days free. It seems 
you are
>   having  to  work  the night shift and missing out on some things. 
As a
>   good  will  jester I would be glad to fully program what you do 
into a
>   fully  mechanical model for you which could reduce your work time 
from
>   hours to minutes.
> 
>   TB> If  it's  hunting season I go hunting, if it's fishing season 
I go
>   TB> fishing,  etc, etc etc. My way is not for everyone but that 
is why
>   TB> God made us all different.
> 
>   Although  I  would  personally "NEVER" kill something for the 
sport of
>   it.  I  am  glad  to  hear that God has touched your hardened 
heart to
>   realize that we must all try and get along.
> 
>   TB> God bless and best of wishes in all your future endeavors, Tom
> 
>   Oh,  and  may  the  lord,  God be with you also and bless you and 
your
>   family.
> 
>   -- 
>   Best regards,
>   TheQuant     
> 
> 
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