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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
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----- 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
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----- 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
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>> > > Your use of Yahoo! Groups is subject to>
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>> > >> > > To unsubscribe from this group,
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Your use of Yahoo! Groups is subject to <A
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