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Re: [RT] Ernie's System



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Hi Ernie,
 
    Personally I have been away from the RT 
list for a couple of years for similar reasons to what you 
described.
However, time has given me the perspective to know that 
you are completely right, that in public forums we should
expect to be belittled for everything we say regardless of 
its intent or value. But at the same time there will also be those lurking who 
never respond who see your post, appreciate it, and benefit from it. I guess it 
is just like the market where we can't just throw trades out there without 
expecting the prospect that at least half of the market will disagree with 
us. Upon my return I also immediately remembered 
people like Ira and Bob and wondered where I had been all this time. I believe 
that if the smartest and best trader in the world agreed to give seminars and 
give away all that he knew for free that most of the recipients would not value 
what they had received for free, would not do the work to understand it, and 
would turn on and attack their benefactor. This appears to be to just be how 
people are. If we can accept that and post for the few people that we do reach, 
regardless of whether we receive their acknowledgement or not, life can be a 
whole lot easier. 
 
    Just an outlook that works for me. 

 
Darrin
 
 
<BLOCKQUOTE 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Hill, 
  Ernie 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:'realtraders@xxxxxxxxxxxxxxx'">'realtraders@xxxxxxxxxxxxxxx' 
  
  Sent: Monday, January 06, 2003 8:46 
  PM
  Subject: RE: [RT] Ernie's System
  
  <FONT face=Arial color=#0000ff 
  size=2>Bob,
  <FONT face=Arial color=#0000ff 
  size=2> 
  I 
  must apologize to you. I remember the last scathing you took. I thought it was 
  a bit unfair. If I had realized it was you I would have kept my mouth 
  shut. It's just that I am tired of some of the persons here who act as if they 
  have all of the answers yet all they provide are criticism with veiled 
  hints.
  <FONT face=Arial color=#0000ff 
  size=2> 
  Heck 
  I am not even the Ernie to whom this thread was even initially directed 
  toward, but the other Ernie is working hard at his system and tossed a little 
  bit of it out there for some comment and he was 
criticized.
  <FONT face=Arial color=#0000ff 
  size=2> 
  I 
  have all but stopped posting here because even when I have made dead accurate 
  forecasts I have been belittled. Who needs it.
  <FONT face=Arial color=#0000ff 
  size=2> 
  <FONT face=Arial color=#0000ff 
  size=2>Anyway I am sincerely sorry for responding to your post the way 
  that I did. One of those wrong place at the right time kinda 
  things.
  <FONT face=Arial color=#0000ff 
  size=2> 
  <FONT face=Arial color=#0000ff 
  size=2>E
  
    
    <FONT 
    face=Tahoma size=2>-----Original Message-----From: Bobh 
    [mailto:BHEISLER@xxxxxxxxx] Sent: Monday, January 06, 2003 7:38 
    PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] 
    Ernie's System
    I should also add that I was not criticizing 
    either.  And I have attempted to share ideas on both methods and the 
    trading of them on this forum and others.  However since I don't use 
    squiggly lines or try to predict what the market is going to do my ideas are 
    generally pooh pooh'd on the premise that you can't trade using just price 
    or without predicting.
     
    Or they discovered or knew that I offered a 
    service which then branded me as being one step above a child molester and 
    the ideas were then discredited on that premise.  Part of a New Year's 
    resolution was to discontinue offering any kind of services so I'm not in 
    violation of any forum protocols here.
     
    Trading for me has been a 3 step process - 
    Learn to see the trades.....Take the trades....Manage the trades, and each 
    step is progressively harder and much less cerebral.  It's also been my 
    experience that the first step is by far the easiest since markets only have 
    two modes - trend and congestion, and within a trend there can be congestion 
    periods which are just continuation patterns.  I have little 
    interest in congestion periods but absolutely love and thrive on trending 
    periods (like today on the indexes).  But getting from step 1 to being 
    proficient at step 3 is one heck of a journey.
     
     
    Bob
    <BLOCKQUOTE 
    style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
      ----- Original Message ----- 
      <DIV 
      style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
      Hill, 
      Ernie 
      To: <A 
      title=realtraders@xxxxxxxxxxxxxxx 
      href="mailto:'realtraders@xxxxxxxxxxxxxxx'">'realtraders@xxxxxxxxxxxxxxx' 
      
      Sent: Monday, January 06, 2003 6:56 
      PM
      Subject: RE: [RT] Ernie's 
System
      
      <FONT face=Arial color=#0000ff 
      size=2>Perhaps if those of you who claim that making money in the markets 
      is so SIMPLE would merely enlighten those who are trying to "re-invent" 
      the wheel, as opposed to offering only criticism, then maybe you would 
      have the answer to your own question.
      <FONT face=Arial color=#0000ff 
      size=2> 
      <FONT face=Arial color=#0000ff 
      size=2>One who has no wheel must either walk or make his 
      own.
      <FONT face=Arial color=#0000ff 
      size=2> 
      <FONT face=Arial color=#0000ff 
      size=2>E
      
        
        <FONT 
        face=Tahoma size=2>-----Original Message-----From: Bobh 
        [mailto:BHEISLER@xxxxxxxxx] Sent: Monday, January 06, 2003 
        5:59 PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: 
        [RT] Ernie's System
        That sounds good but the markets have 
        been moving the same way since there have been markets.  If you 
        look at "bare" charts from 50+ years ago (any market) and 
        compare them to recent charts you couldn't tell them 
        apart.  The only thing that changes is volatility/liquidity.  
        
         
        What never seems to change though 
        is the endless quest to make the simple complicated, along 
        with the failure to recognize the distinction between methods 
        & trading them.
         
        B
         
         
        ----- Original Message ----- 
        From: "RB" <<A 
        href="mailto:rhodes@xxxxxxxxxxxxxx";><FONT face=Verdana 
        size=2>rhodes@xxxxxxxxxxxxxx<FONT face=Verdana 
        size=2>>
        To: <<A 
        href="mailto:realtraders@xxxxxxxxxxxxxxx";><FONT face=Verdana 
        size=2>realtraders@xxxxxxxxxxxxxxx<FONT face=Verdana 
        size=2>>
        Sent: Monday, January 06, 2003 8:17 
        PM
        Subject: Re: [RT] Ernie's 
        System
        <FONT 
        face=Verdana size=2>> Because it is what keeps things moving and 
        hopefully better.  The wheel> will hopefully always get 
        better and be reinvented over and over.  I am so> glad they 
        are now rubber.  Maybe next will be, never go flat and almost 
        last> forever.  Or another material that is softer but 
        better than rubber?   The> flintstones are funny to 
        watch but those stone wheels probably don't ride to> 
        good.> > ----- Original Message -----> From: "ira" 
        <<FONT face=Verdana 
        size=2>mr.ira@xxxxxxxxxxxxx<FONT face=Verdana 
        size=2>>> To: <<A 
        href="mailto:realtraders@xxxxxxxxxxxxxxx";><FONT face=Verdana 
        size=2>realtraders@xxxxxxxxxxxxxxx<FONT face=Verdana 
        size=2>>> Sent: Sunday, January 05, 2003 10:24 PM> 
        Subject: Re: [RT] Ernie's System> > > > why does 
        everyone want to reinvent the wheel?> > ----- Original Message 
        -----> > From: "John Cappello" <<A 
        href="mailto:jvc689@xxxxxxx";><FONT face=Verdana 
        size=2>jvc689@xxxxxxx>> 
        > To: <<FONT 
        face=Verdana size=2>realtraders@xxxxxxxxxxxxxxx<FONT 
        face=Verdana size=2>>> > Sent: Sunday, January 05, 2003 
        11:42 AM> > Subject: [RT] Ernie's System> >> 
        >> > > Dear Ernie,> > >> > > I 
        never consider these "show-offs" but rather sharing successes 
        and> > > or failures. I hope it walks forward for you. I 
        can not tell you the> > > number of times I have had faulty 
        walk forwards.> > >> > > I once thought that I 
        had the ultimate. Backtested and trained on 4> > > years of 
        back data where it was quite profitable...and a flop in the> > 
        > walk forward...even the logic still seems sound.> > 
        >> > > I have recently taken a different approach and 
        trained a system on 3> > > years back data and then 
        successfully saw it perform on the year> > > prior with 
        success. Now it is walking forward and we shall see.> > 
        >> > > Such are the vagaries of system development 
        especially with the S&P.> > >> > > 
        John> > >> > >> > >> > 
        > ------------------ Reply Separator --------------------> 
        > > Originally From: Ernie Bonugli <<A 
        href="mailto:ebonugli@xxxxxxxx";><FONT face=Verdana 
        size=2>ebonugli@xxxxxxxx<FONT face=Verdana 
        size=2>>> > > Subject: Re: [RT] I-Master Mechanical 
        Trading System 2002 S&P 500> > > Date: 01/05/2003 
        12:45pm> > >> > >> > > 
        list,> > >> > > Let me show off the private 
        system that I am working on?  I could not> > > resist. 
        Time will tell whether the logic its may be curve> > > 
        fitted to the data?!> > >> > >> > 
        > Regards,> > > Ernie> > > <A 
        href="mailto:ebonugli@xxxxxxxx";><FONT face=Verdana 
        size=2>ebonugli@xxxxxxxx> 
        > >> > > To unsubscribe from this group, send an 
        email to:> > > <A 
        href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";><FONT face=Verdana 
        size=2>realtraders-unsubscribe@xxxxxxxxxxxxxxx<FONT 
        face=Verdana size=2>> > >> > >> > 
        >> > > Your use of Yahoo! Groups is subject to> 
        > > <FONT 
        face=Verdana 
        size=2>http://docs.yahoo.com/info/terms/<FONT 
        face=Verdana size=2>> > >> > >> > 
        >> > >> > > To unsubscribe from this group, 
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        href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";><FONT face=Verdana 
        size=2>realtraders-unsubscribe@xxxxxxxxxxxxxxx<FONT 
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