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Strategies & Market Trends : The Player's Club

SPY 662.72

+0.4%

4:00 PM EST

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To: Follies who wrote (14)	11/3/1999 12:58:00 AM
From: Bull RidaH	Read Replies (1) of 11513

Dale, I've thought long and hard about the "limits on # of trades" issue, and I believe we've got a contest where nature takes its course. If people over trade, the 1/2 commission/slippage will eventually wipe them out. Gersh paid over $500,000 in vig before slipping out last time...So he actually made good trades. Raising the floor to $150K creates a survival of the fittest attitude from the outset, and all trading errors included overtrading and trading without clear stops in mind will bring rapid extinction. You can only give GZ so many 5 day head starts before he's uncatchable!! <g> As for the real time status update... Time to call on Super Bot Man!! Anybody keeping up with Sid? Thanks, David

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