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Earl,
This has nothing to do with trading. This is a test of my proposition that
the price of a reversal cannot be predicted. Trading is a personnal thing
and subject to many more variables than the ability to predict a markets
behavior.
Jim
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, April 13, 2002 7:40 PM
Subject: Re: [RT] $1000.00 CHALLANGE
> Let's boil this down to its essence ... you are offering to pay a trader
> $10.00 per trade for 100 trades if the trader predicts price reversals 80%
> of the time. I submit that any trader able to meet your challenge will
laugh
> at the idea of taking the time to post trades for $10.00 a pop. Thus your
> challenge is structured in a manner which is sure to yield no takers, thus
> "proving" you correct. Make the reward per trade worthwhile and I suspect
> you might find some takers ... of course you'll need a much larger piggy
> bank or a much smaller sample.
>
> Earl
>
> ----- Original Message -----
> From: "Jim White" <jwhite43@xxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, April 13, 2002 7:36 PM
> Subject: [RT] $1000.00 CHALLANGE
>
>
> Perhaps my challenge went unnoticed. I believe that predicting the price
of
> a reversal is not possible. If anyone can prove a method that will predict
> the reversal price of a market within 50% of the five day average range,
80%
> % of the time . I will pay you $1000.00. The rules are simple. Predict
ahead
> of time by this list the reversal price for 100 observations and have 80 %
> or more within actual reversal price +/- 25% of average daily range. Are
> there any takers?
> Jim White
>
>
>
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>
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>
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