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Non-Tech : Raptor's Den

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To: Win-Lose-Draw who wrote (10083)5/3/2003 2:35:09 AM
From: _scar_face_   of 10157
 
No reason to delete it. If you're a subscriber, I sense that you're also new to this approach as there's nothing new to it. One of the reasons a trader fails in the long run is by freaking-out at the wrong time(s), destroying the capital of the weak. When he takes losses (and he does, in case you are a new subscriber), he does so and repositions them accordingly.

So if you are a subscriber you have a few options: 1) follow it as described 2) follow it with your own stops in mind 3) just use it for informational purposes 4) don't subscribe (bitching about it, instead of your own shortcomings and risk tolerance issues will get you nowhere except a place you'll be certain to regret).

As for '..not being honest about it', that's far from the truth, also. If these types of moves, and/or styles of trading bother someone that badly, to the point of blaming others or mocking their historically successful approach, they need a serious course in money management or they're entirely in the wrong binuz to begin with and will be cleaned out quicker than others. Suggesting dishonesty and having the audacity to do so, tells me that you are either new (as a subscriber and/or trader) and/or have completely confused him with someone else. If you can give an example of his dishonesty, instead of just saying it's so, I'd like to see it. If you want me to help you speed that process up a bit I will; don't bother, you can't.
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