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What a kick ... by the time I was half way through reading that missive, the
ringers were going off (vaguely familiar writing style) and by time I
reached the end, I had arrived at exactly the same conclusion!
Earl
----- Original Message -----
From: "DanC" <danc@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, June 29, 2002 2:36 AM
Subject: Re: [RT] Re: Oddball System Trading
> You're back Mark?
>
> tradingmonster wrote:
>
> > Hi Mr. Cappello,
> >
> > > 2.You say you increased contracts with each $50,000 increase in
> > equity. That would mean that you blindly started this system in
> > Dec '00 and made $59,000. You thus would be trading 2 contracts by
> > Jan '01 without many people even knowing this site existed.
> >
> > Actually the way it was. I was introduced to trading at Junior
> > College by a room mate, who's father is a trader. He dad furnished
> > her a computer to do her studies on and it was loaded with
> > TradeStation (a popular program at the time) as well as more boring
> > stuff Word, Excel and the like. For a long time I hung out on several
> > trading chat rooms, until I discovered a group for users of TS.
> >
> > Admitted looking back I must have seemed pretty foolish and naive to
> > many in that group. But I was not afraid to tango with anyone, feeling
> > I would rise to any occasion. From that group I discovered another
> > called Systems or Management something where I met other very helpful
> > female traders. To try an make a long story short now.
> >
> > I knew about several systems off that list prior to any publication. I
> > figured out it would be allot of work to participate on any level and
> > a girl has social responsibilities to tend to. I figured that just
> > about anyone who was on that list who threw out anything, pretty much
> > had to have something worth while. Because it was a tough place to
> > post anything without getting your head chopped off, lady or not.
> >
> > Promise trying to make this as short as possible. I don't typically
> > just follow anything blindly, though it might be argued that to some
> > small percentage this case "it was true". When the site went up it
> > originally was running on the futures, not that it matters. Other
> > than that numbers (to me) seem more sedate now than what I actually
> > experienced first trading it.
> >
> > I started out using a broker who I met off the TS users group, and
> > that was a big mistake. That mistake made me a boat load of money,
> > because I opened an account with fifty thousand dollars in it. That
> > was what I was told by the broker would be "more" than sufficient to
> > trade with. I started out trading one lot and using profits gained of
> > twenty thousand dollars I added two more contracts to my trading.
> > Since I was never contacted by my supposed broker I never knew I was
> > trading to large for my account size. I figured now every ten thousand
> > dollars I gained I would add another and another and so on.
> >
> > Little did I know that my fun was going to be upset by the brokers
> > home office. Who of all the nerve demanded I deposit with them
> > another one hundred thousand dollars that my folks were not about to
> > do in spite of the gains I had made. It was a good thing this all
> > happened though, because my parents never believed that I made any
> > money until I was forced to close the account and have the monies
> > wired to my personal bank account. By now my original sum was up
> > over one hundred percent.
> >
> > I found another broker at a very large firm who my fathers employees
> > retirement accounts are at. My dad being all excited, let me keep the
> > profits I made to buy a car and refunded a new account with one
> > hundred and fifty thousand dollars. I instructed the broker to trade
> > 3 contracts, and shortly latter I had to add some monies (about forty
> > five thousand dollars) to maintain the size being traded due to a
> > drawdown margin thingy.
> >
> > So from there on the firm has been strait in trading my account
> > which brings me to the next level of investing in stocks for the
> > longer term, with a small portion of capital. Beats opening a
> > restaurant?
> >
> > > By Mar '01 you would be trading 3 contracts. By May '01 you would
> > have been trading 4 contracts. And by Oct '01 you would be trading >
> > contracts.
> >
> > > In hindsight to date, these are all excellent decisions. But are
> > you for real to have just jumped into this without watching it first?
> >
> > I examined my possibilities and made a educated decision to take a
> > calculated risk. Besides, I needed a new car desperately and driving
> > around mom's four door crap brown diesel Mercedes Benz is not
> > conducive to a girl's panache.
> >
> > > I mean you no disrespect but just seek some honest answers as to
> > how anyone could have the knowledge and wherewithall to have
> > accomplished what you say.
> >
> > Admittedly, I may have had some breaks. But I made the decision to do
> > this and I took the risk. I feel I have paid my dues. From what I
> > see, many people are thinking too hard and will not just let it
> > happen. I wish each one a good night, yes Friday and no place to go.
> >
> > thanks, tradergirl
> >
> > PS Anyone here know about, if the TS users group is still around?
> > Are there other (higher risk) stock investment groups around?
> >
> > >
> > > Sincerely,
> > >
> > > John
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
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>
>
>
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>
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>
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>
>
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