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Good for you Norm you have your sea legs on
--- In realtraders@xxxx, "Norman Winski" <nwinski@xxxx> wrote:
> Reinar,
>
> From one sailor to another, when one's sailboat hits a sand bar,
that's
> called running a ground and that's not a good thing.
>
> I know it's time for me to take a vacation. Your sailing metaphor
is
> starting to make sense to me.<G> Seriously, I agree that sailing
is a good
> analogy for trading, but not for the reasons you have stated. I
think
> sailing is a good analogy for trading because in order to be
successful, one
> must join with the huge natural forces at work. If one tries to
fight these
> forces they will be destroyed. If one can unite and redirect these
forces to
> ones advantage, one should be able to progress quite swiftly.
>
> Gann fans - the ideal position to attain maximum speed is to have
the sail
> at a 45 degree angle to the wind.
>
> Nautically,
>
> Norman
>
>
>
> ----- Original Message -----
> From: "reinar2020" <reinar2020@xxxx>
> To: <realtraders@xxxx>
> Sent: Sunday, July 07, 2002 12:33 AM
> Subject: Re: [RT] forecasting-track record
>
>
> > Elk
> >
> > Not only will I continue to use sailing as a metaphor but I will
> > expand the use. There are several reasons. Selling to "the
traders"
> > market is too limiting and more imortant.... If you can think
like a
> > sailor you can think like a profitable trader......
> >
> >
> > If you have ever been sailing you would know that it is kind of a
> > zen like experience where you have a very specific focus. All
the BS
> > that is provided by the media etc is gone.
> >
> > There are other advantages. Any monkey can draw an Andrews line
and
> > if you read his totally incomplete "free" 60 page lit.... at any
> > time there are at least 20 or so that come in tomorrow. So which
> > ones do you use? Rather than take the standard approach of here
are
> > the lines .....let get overwhelmed with stuff that is
useless.....
> >
> > I will focus upon about 3 kinds of sand bars and a marker.
> > I did something similar in Vienna seminars and the sucess rate of
> > the students over a long time period was very high.
> >
> > Focus upon the chicken ( the end result.. you really want ) not
on
> > the eggs.
> >
> > We look for 4 things...
> >
> > 1) sand bars (support and resistance lines) where prices stop
for a
> > bar or 2 and then go through
> >
> > 2) sand bars where prices go through and then go back to it to
touch
> > it before continuing in the proper direction
> >
> > (the above are very handy for adding on positions or getting in
with
> > definable risk....the other side of the sand bar line)
> >
> > 3) and finally sand bars that are likely to produce a tradeable
> > pivot ....like i pointed out on thursday in an email I sent out.
> >
> > 4) and then how to find markers (probable future pivot points)
> >
> > Now instead of learning how to draw all of those silly lines you
> > learned how to draw lines that produced the above .......wouldn't
> > Andrews really work .....and very easily at that?
> >
> > Oh by the way did you ever learn what the Andrews "ROS" line was?
> > Hint....its a sand bar.
> >
> >
> > Regards
> > R
> >
> >
> >
> > --- In realtraders@xxxx, Infernal Elk <infernalelk@xxxx> wrote:
> > >
> > > >> John either you are blind or you faded the forecast.
> > > >> ...or does north mean go short to you?
> > >
> > > >> R
> > >
> > > maybe if you spoke in market terms rather than cryptic pseudo-
> > poetic
> > > "nautical" terms, people would understand you.
> > >
> > > if your desire is to communicate, then do so CLEARLY. if your
> > desire
> > > is to tease and to draw people in to buy your product you'll do
> > better
> > > to speak clearly as well.
> > >
> > > we're not sailors. we're traders.
> > >
> > > - *lk
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
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