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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: robert b furman who wrote (12283)1/10/1999 2:07:00 PM
From: Stoctrash  Read Replies (1) of 44573
 
Robert,
I agree...but the fact that they were so STUPID to OVER leverage themselves shows the fact that they DID NOT have a system. Where were their stops? Why didn't they think about liquidity?

Another thing I want to point out is that this thread(IMO) is not about the Holy Grail...we know, you know that one MOST likely doesn't exist. Heck, I've thought I'd found it 4 or 5 times by now over the past 6+ years and I'm done searching for it!!! IMO, I just want to make some dough with out blowing up & keep the drawdowns small so I can sleep at night. I think there are VERY few people like Pat (even he has a pattern type system) that can go seat of the pants. If you can swing it....then more power to ya!!! I hope you can share with us some of your insights on what makes you sell this or buy that...as even though "we're" not attacking it from the same angle doesn't mean we can't learn something from one another...

happpy trading..
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