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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (3842)	12/30/1999 12:10:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 9427

That contest was too hard for someone like me. For example, here I am trying to do real trades; then I have to post a paper trade. There have been real trades where I was in and out on the same one-minute bar. So I have to adjust my thinking for the contest, as well as spend time posting this or that. So instead of making money I'm fiddling around with this contest. By the time I left it I was just about out of my mind; it was driving me nuts. I suppose it's fun if you are positioning or just trying to paper trade to see what your results might be. Of course, paper trading and real trading are worlds apart. No one in their right mind is going to throw 20, 30 contracts around like I was doing. It had no appearance of reality at all. The most real contracts I ever had on at a time was no more than 14, perhaps 15 contracts and even that is nuts; for an individual like me anyway. Then you factor in the fact that the trades are suspect from the point of view of T&S and your real life results won't approach what you might accomplish while paper trading. And of course pulling the trigger is the over-riding issue in the end. But it's good practice though. I just don't think many people who really day trade the SnP could deal with it. It's too much work for gain no better than a ego-boost. I'm sure if you stick with it you shall develop some system that works and then you might try it out for real. I find Atin's program has a lot of potential; I suppose Ben's may be helpful as well. Perhaps if you could find a correlation using one of them it would lend you a significant edge.