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Re: [RT] CORN UPDATE - NW



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Norman,
My but signal on corn was 10/20, eliminating most of the 
drawdown. I agree with your exit, actually I would have exited 
yesterday.
Jim
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Norman 
  Winski 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Tuesday, October 28, 2003 11:57 
  PM
  Subject: [RT] CORN UPDATE - NW
  
  RT,
   
   Please see my Oct. 10, Dec. Corn trade below in my P.S 
  and the trading plan in the preceding paragraph.  I am now exiting 
  on Wed. opening, should yield over $1,000 per contract, 
  using simple cycle, a $200 max. drawdown, and less than $500 
  margin.
   
   
  Regards
   
  Norman
   
   
  ----- Original Message ----- 
  From: <A 
  title=nwinski@xxxxxxxxxxxxx href="">Norman 
  Winski 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Sunday, October 12, 2003 3:00 PM
  Subject: Re: [RT] OK....which market???
  <FONT 
  size=2>
   
    With $2,000, you should restrict your trading to 
  paper trading, put the money in the bank,
  and keep saving until you are sufficiently capitalized to 
  treat trading like a business and not
  a lottery ticket.  Trading with insufficient capital, 
  in other words trading from a position of weakness,
  is a sure way to be nickle and dime yourself  into 
  financial oblivion.  Once you can accumulate about
  $10-15,000 in risk capital, you can consider trading a low 
  volatility market such as Corn 1-2, turning
  it 1-2 times per month for an average of 10-20 cents = $500 
  to $1,000.  If you can average 
  $500 per month for 12 months, that's $6,000, which would 
  represent a very handsome return
  on the above recommended capital. 
   
  Regards,
   
  Norman
   
  P.S. Disclosure: I went long Dec. Corn at 217 on Oct. 
  10.  My current target is 246 or I will buy more
  at 187.  
  <BLOCKQUOTE 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    Sean 
    Cassidy 
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="">realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Sunday, October 12, 2003 3:05 
    PM
    Subject: Re: [RT] OK....which 
    market???
    
    <TABLE id=INCREDIMAINTABLE cellSpacing=0 cellPadding=2 width="100%" 
border=0>
      
      
        <TD id=INCREDITEXTREGION 
         
          width="100%">I understand and appreciate that this is a very 
          difficult scenario with such limited cash. I have watched my guy call 
          the market in live trading for 4 months and believe in it. 
           
          With that being said, I accept resposnibility for the risk 
          involved. I just sent the post but still havent seen any specific 
          suggestions, other than to trade options on the QQQs.
           
          SMC
           
          -------Original 
          Message-------
           
          
          From: <A 
          href="">realtraders@xxxxxxxxxxxxxxx
          Date: Sunday, 
          October 12, 2003 14:40:52
          To: <A 
          href="">realtraders@xxxxxxxxxxxxxxx
          Subject: Re: [RT] 
          OK....which market???
           
          I think that this is the wrong approach.  It 
          has nothing to do with the mentors ability to trade and everthing to 
          do with the results of past students that he is currently 
          mentoring.   If the system works for them it should work for 
          you.  
          <BLOCKQUOTE 
          >
            ----- Original Message ----- 
            <DIV 
            >From: 
            <A title=rhodes@xxxxxxxxxxxxxx 
            href="">RB 
            To: <A 
            title=realtraders@xxxxxxxxxxxxxxx 
            href="">realtraders@xxxxxxxxxxxxxxx 
            
            Sent: Sunday, October 12, 2003 
            2:13 PM
            Subject: Re: [RT] OK....which 
            market???
            
             Has this mentor should you his brokerage 
            statements for the last 3 to 5 years?  Or just the 
            charts.  Also remember.  It is not the win rate.  It 
            is the money made!  You need to remember that.   You 
            can be shown charts showing all kinds of, what you could of or 
            should of done.  It is the money made-brokerage statements that 
            count.
             
            <BLOCKQUOTE 
            >
              ----- Original Message ----- 
              <DIV 
              >From: 
              Sean 
              Cassidy 
              To: <A 
              title=realtraders@xxxxxxxxxxxxxxx 
              href="">realtraders@xxxxxxxxxxxxxxx 
              
              Sent: Sunday, October 12, 
              2003 10:59 AM
              Subject: [RT] OK....which 
              market???
              
              <TABLE id=rem_INCREDIMAINTABLE cellSpacing=0 cellPadding=2 
              width="100%" border=0>
                
                
                  <TD id=rem_INCREDITEXTREGION 
                   
                  width="100%">Since there appears to be a consensus out there 
                    that the S&P is a very difficult market to trade, and we 
                    all know what not to do, could I get an idea what is exactly 
                    the best market to trade? 
                     
                    I am working for a company that has just been bought 
                    and may be losing my job in a few days. I have very limited 
                    cash to do this, probably about $2000. 
                     
                    What has been frustrateing me is that I have a trading 
                    mentor who is using the best most accurate method I have 
                    ever seen.It has an 80% win rate or so and uses a 1 point 
                    stop on the S&P (yes, 1 point). It is a very subtle 
                    method that uses boliinger bands and multiple time frame 
                    analysis. 
                     
                    Again with such limited capital, I am looking for 
                    opinions as to which is the most "tradeable", consistent 
                    market to trade.
                     
                    SMC
                
                  
                    
                      
                      
                        
                        
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