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Strategies & Market Trends : Mechanical Methods -- Ignore unavailable to you. Want to Upgrade?

To: MechanicalMethod who wrote (9)	3/2/2003 2:02:30 PM
From: Sojourner Smith	Respond to of 18

I have studying everyday various systems and I think my roulette analogy comparrison my be more correct than I thought. This is from a gambling site: "Whenever we compare playing Roulette to investing in the stock market, we find that your brokerage fees are like the house advantage. Without paying your broker a commission, you are not allowed to play the stock market game. On that same token you are not allowed to play the Roulette game, if you are unwilling to pay the house its commission, i.e. the house edge." I becoming more and more convinced that indicators are not the important thing, but money management. With correct money management, one could even pick by flipping a coin. I have had no experience at casinos, but I am currently studying gambling techniques to see if that can help. One example, is stock experts say never average down and put tight stops, but I have spent hundreds of hours testing programs and the opposite is true. The caveat to that individual stocks often have surprise that can foul up a perfect string of winners. I have systems that are right 80%+ but gain little because of surprises. Stop limits garrantees losses, price targets garantees missing winners, and averaging down improves the chance of winning dramatically. And I can prove that. Again the secrect is conservative money management. THe other element is hedging that I am working on. My attempts at this are still protecting against drawdown in a way I would like.

To: MechanicalMethod who wrote (9)	3/2/2003 2:08:53 PM
From: Sojourner Smith	Respond to of 18

interesting reading here: roulettebucks.com The reason I am looking at a gambling approach to markets now, is because I really believe anything could happen now. Oil could go to $80 or $20, Naz could rally or go off the edge, gold $400+ or down she goes? Who knows. The fundamentals could change in an hour.

To: MechanicalMethod who wrote (9)	3/4/2003 8:37:12 AM
From: Eddy Blinker	Respond to of 18

Repetition is the grail MechanicalMethod, here is a repetitive data challenge for you. When opening the virus free zip file you find a real time recording of yesterday`s (03.03.03) Media Babble." The Babble Ticker " will correlate to any equity or index listed in the USA.(ref.next hour(s) predictable trading price performance) Challenge because " I am only a 3Monte salesman and I know nothing ". I will refresh the same URL-until Friday. That should be enough to find enough clues. If you are interested in real time "trial" broadcast please PM.me. dow-jones.via.t-online.de Enjoy, $ED