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Strategies & Market Trends : Befriend the Trend Trading
SPY 687.01-0.1%Dec 30 4:00 PM EST

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To: Dr. Stoxx who wrote (26179)9/13/2002 10:35:52 AM
From: Ken Adams  Read Replies (2) of 39683
 
Do the book. You'll sell a bunch of 'em and by the time we all start using the ideas, the market will make chumps of us and we'll need you to write a second one that matches the market at that time.

Years ago I spent months developing a trading system for the OEX. It was incredible. I shared it with my brother, who had never trade anything but marbles. We both make great trades... for about 2 months, as I recall. Then, the market complexion took just enough of a change that the system went to hell. My brother quickly lost $2000 before he called me to see what was going on. I felt like crap for not warning him about this possibility earlier.

Moral... nothing is forever. Have fun! Write the book.

Ken
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