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To: fut_trade who wrote (155)2/15/2000 3:27:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 797
 
Those should be actual trades.

<the trade results shown were not from actual trades?>

It would seem ridiculous to post ficticious trades. I watched many of them as he did them, viewing them on his website, so I have to reason to think they aren't real trades.

What he does is posit a roadmap and an alternate roadmap each day and attempts to trade it. You can "watch" him as he trades, because he posts his thoughts as he goes. I don't trade his style, so for the most part I just glance at the roadmap in the morning to see if it's anything like mine. Having several computers, I keep his site up on one and refer to it occasionally but I don't mirror his trades. Often he trades counter to me anyway. I would guess many people would have a hard time trying to mirror his trades if they wanted to.

I could not say what the expected or acceptable % win rate would be for a scalper. His site is the only one I know of that posts the trade record.

One funny thing I have noticed about his trades from time to time. When he takes a Position Trade he takes his worst losses, it appears. I can only recall one or two, I think one was in June or July of 1998.

Some people do one better than the other, I suppose.