Re: [RT] in search of the grail

["Pete Hallock" <phallock@xxxxxxxxxxxx>]

John,

 

I'm sure I don't need to tell you that the results you indicated underscore the importance of good "money management."  And that, as we all know, is easier said than done.

 

Pete Hallock

----- Original Message -----

From: JSGallagher

To: realtraders@xxxxxxxxxxxxxxx

Sent: Tuesday, March 01, 2005 10:05 AM

Subject: [RT] in search of the grail

Just for amusement, I have been trying to see if I can guess the market close.  Not the exact price, just will it close higher or lower than yesterday.  As I sit here with my three computers, ten monitors, and several years experience trading for a living, I am amazed that I cannot seem to do it with any consistency.  I figure it's about a fifty-fifty shot and by trying everything I can think of, I might get as high as fifty three percent.  I've been using the E-mini close to try it. Honestly, I figured with my experience and technology I would be able to get it right in the high seventy percent range.

 

 

 

Anybody on the list care to try it, post their results, and give some clues as to how they do it?

 

 

 

Prosper

 

 

 

John Gallagher

 

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