|
PureBytes Links
Trading Reference Links
|
<TD id=INCREDITEXTREGION style="PADDING-RIGHT: 7px; PADDING-LEFT: 7px; FONT-SIZE: 12pt" vAlign=top
width="100%">
I think Ira is talking about NY commodities markets.
Look what they did in Coffee the last few days
and you will see what he means.
Warmest
Regards
David
Hunt________________________________
<A
href="http://www.adest.com.au";>www.adest.com.au
Phone:
Australia: (02) 9527
4690
Int: +
61 2 9527 4690
<FONT
face=Verdana>
USA : + 1 312 577
0491________________________________
-------Original Message-------
From: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Date: Friday, July 05,
2002 09:33:10 AM
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Digest
Number 994
So Ira, are you talking E-mini futures here, QQQ's, or what ?All
have good liquidity.> -----Original Message-----> From:
ira [mailto:irat@xxxxxxxxx]>
Sent: Thursday, July 04, 2002 2:37 PM> To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx>
Subject: Re: HOLDING PERIOD...was RE: [RT] What happened to the
Hurst> cycle?>>> My system has an 80%
probability for 1/1 return, 70% for 2/1 and> 60% for 3/1>
and it works in any time frame so commissions and operating costs
become> negligible. As for slippage I have found very little in
highly liquid> markets when trading shorter time frames. I very
seldom trade the NY> markets so rip offs aren't a factor. Of course
there is always that 3%> factor and only a hedge can cover that. If
you don't carry over> night, then> gap openings don't become
a factor and if one carries overnight and uses> options then the
risk is defined and there is no slippage. Ira> ----- Original
Message -----> From: "Norman Winski" <<A
href="mailto:nwinski@xxxxxxxxxxxxxxx";>nwinski@xxxxxxxxxxxxxxx>>
To: <<A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx>>
Sent: Thursday, July 04, 2002 7:32 AM> Subject: Re: HOLDING
PERIOD...was RE: [RT] What happened to the> Hurst
cycle?>>> > Ira,> >> >
Commisions aren't the only factor in calculating transaction>
costs. There> > is slippage and various overhead charges such as
office, computer, data,> all> > of which go up in cost
with the shorter time frame.> >> > One way to look at
this is profitability frequency. Let's say you are> > trading
S&P.> > If you can make $10 more than five time more often
that you can> make $50,> > then it is probably better to
shoot for the $10. On the other> hand, if $!0> > occurs
less than 1/5 of the time that $50 does, then you should> shoot
for> > the $50. Ideally, one could put this on a distribution
curve> and then one> > should strive to get to the middle
of the curve where the frequency of> > dollars earned is
highest.> >> > Cheers,> >> >
Norman Your use of Yahoo! Groups is subject to> > >
> > > > <A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/>
> > > > > >> > > > > >
>> > > > > >> > > > >
>> > > > > >> > > > > > To
unsubscribe from this group, send an email to:> > > > >
> <A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxx>
> > > > >> > > > > >> >
> > > >> > > > > > Your use of Yahoo!
Groups is subject to> > > > <A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/>
> > > > >> > > > > >> >
> > >> > > > >> > > >
>> > > > > To unsubscribe from this group, send an
email to:> > > > > <A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxx>
> > > >> > > > >> > > >
>> > > > > Your use of Yahoo! Groups is subject
to> > > <A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/>
> > > >> > > > >> > >
>> > > >> > > >> > > >
To unsubscribe from this group, send an email to:> > > >
<A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxx>
> > >> > > >> > > >> >
> > Your use of Yahoo! Groups is subject to> > <A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/>
> > >> > > >> > >> >
>> > >> > > To unsubscribe from this group,
send an email to:> > > <A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxx>
> >> > >> > >> > > Your use
of Yahoo! Groups is subject to> <A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/>
> >> > >> >> >> >>
> To unsubscribe from this group, send an email to:> > <A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxx>
>> >> >> > Your use of Yahoo! Groups is
subject to<A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/>>To
unsubscribe from this group, send an email to:<A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to <A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/________________________________________________________________________________________________________________________________________________Message:
2Date: Thu, 4 Jul 2002 18:23:14 -0400It's Phenomenal
to me that Smith Barney did not "coach" him beforehand.....knowing FULL
WELL that an investigation by reports would be likely.More poor
management in the investment biz.-----Original Message-----From:
Ray Raffurty [<A
href="mailto:r.raffurty@xxxxxxxx";>mailto:r.raffurty@xxxxxxxx]Sent:
Thursday, July 04, 2002 10:39 AMTo: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxxSubject:
Re: [RT] Jack Grubman of Smith Barney - as seen on CNBC...The
moral to that is: If anyone ever sticks a microphone in your face, stand
there and answer all their questions even if the answer is "I can't answer
that". Basically bore them to death and they will go away.Good
luck and good trading,Ray Raffurty----- Original
Message ----- From: M. Simms To: RealtradersList Sent:
Wednesday, July 03, 2002 11:20 AMSubject: [RT] Jack Grubman of Smith
Barney - as seen on CNBC...OMIGOSH - CNBC keeps playing that
street interview over and over again...and man, does it ever make
Grubman look bad...I mean the guy actually LOOKS sleezy !!It's not
going to help his chances in court...I understand jail-time is likely
for him !!!What was amazing, is that he did not portray himself as
very intelligent,nor polished.If this gets viewed much, *ALL*
Wallstreet analysts are now in "dirt" statuswith the investing
public.Jack's done more to discredit analysts in that 5 minute
interview as anyanalyst has done in the past 5
years.To unsubscribe from this group, send an
email to:<A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
To unsubscribe from this group, send an email to:<A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
Yahoo! Groups Sponsor To unsubscribe from this
group, send an email to:<A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
[This message contained
attachments]________________________________________________________________________________________________________________________________________________Message:
3Date: Thu, 4 Jul 2002 18:25:49 -0400From: "Norman Winski" <<A
href="mailto:nwinski@xxxxxxxxxxxxxxx";>nwinski@xxxxxxxxxxxxxxx>Subject:
Re: What happened to the Hurst cycle?M,Which LW big
winnings are you referring? Is this the how I made a millionbeing long
in one account and short in the other and only reporting thewinning
trades episode? The NFA found this so hilarious they gave him a
lifetime vacation.Cheers,Norman----- Original
Message -----From: "M. Simms" <<A
href="mailto:prosys@xxxxxxxxxxxxxxxx";>prosys@xxxxxxxxxxxxxxxx>To:
<<A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx>Sent:
Thursday, July 04, 2002 6:15 PMSubject: RE: [RT] What happened to the
Hurst cycle?> Funny you should mention that:>
"Theoretically your best bet (apart from not betting) is to bet your
whole> bank in the first bet then walk away. Pretty boring
eh"> Two famous traders have done this, but did not walk
away:> Larry Williams and Louis Borsellino.>> Larry's
big winnings took over 1 year.> Louis's big winnings took about 1
HOUR.>>> > -----Original Message-----> >
From: Adrian Pitt [<A
href="mailto:apitt@xxxxxxxxxxxxx";>mailto:apitt@xxxxxxxxxxxxx]>
> Sent: Thursday, July 04, 2002 9:24 AM> > T > Subject:
RE: [RT] What happened to the Hurst cycle?> >>
>> >> > Norman,> >> > Your
right on all counts :-) I've encountered very few people who truly>
>> > Understand risk in the total sense. There are so many
aspects and> > nuances >> > > Norman>
> >> > > P.S. I started trading in 1972. I ain't smart
enought to> > > figure out how many years that is. Maybe you
can?> > > >
<SPAN
id=IncrediStamp><FONT face="Arial, Helvetica, sans-serif"
size=2>____________________________________________________<FONT
face="Comic Sans MS" size=2><A
href="http://www.incredimail.com/redir.asp?ad_id=309&lang=9";><IMG alt=""
hspace=0 src="gif00699.gif" align=baseline
border=0> IncrediMail - Email has finally evolved -
<FONT
face="Times New Roman" size=3>Click
Here
Yahoo! Groups Sponsor
ADVERTISEMENT
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Attachment:
Description: ""
Attachment:
Description: ""
Attachment:
Description: "Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service."
Attachment:
Description: ""
|