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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (35341)	10/7/1999 7:13:00 AM
From: Tom Trader	Read Replies (1) \| Respond to of 44573

>>I'll trade very aggressively because that's what the contest is all about, having fun and nothing is at risk.....<g><< I was being facetious about the minimal trading aspect as a strategy. However, I will admit that I have approached this contest as not wholly different than I would if I were trading with real money -- though my inactivity over the past couple of days has been more to do with a corrupted file that affected my ability to generate day trade signals and also ISP problems. However, the contest is still in early days and we shall doubtless see many swings before it is all over. I already have an idea for the next contest -- after this one is over. How about the next group of contestants opening an account expressly for the purpose of a contest at a brokerage firm who we can mutually agree on -- and then giving it 6-9 months to see who comes out ahead in that period. It would be an evolution from "funny money" contests and would change the dynamics quite a bit -- after all, there is a world of difference between losing funny money and losing the real thing; come to think of it, there is a big difference between making real money as opposed to funny money:) The only position trade that I missed in this contest was when SI was down and I had a signal to go long at 1304.50 --that would have been a nice trade. But I really should not gripe too much because after the Fed announcement I had a chance to enter the trade at sub 1300 and did not take it --so I guess, it is a case of fortune favoring the brave. Anyway, some nice trading on your part -- well done!