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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Eric P who wrote (2792)	2/2/1998 9:43:00 PM
From: dpl	Read Replies (2) \| Respond to of 12617

>My intended point is that trading abilities such as "talent" are best identified in hindsight. ==> Those who succeed must have had it, those whom are now broke, clearly didn't! Unfortuneately, by then it is too late.< I agree. >My suggestion... He or she should spend a very disciplined period of time backtesting and/or papertrading to assess their ability and/or validity of their 'method'. < A lot of paper trading followed with a lot of trading real money in as small amounts as possible.It is different with real money.The size can be increased little by little. David

To: Eric P who wrote (2792)	2/2/1998 11:05:00 PM
From: Richard Estes	Read Replies (2) \| Respond to of 12617

and if you find the holy grail, even if it is gold-plated, you can hire someone to push the buttons. Since it is not his money, he will push buttons as told - no fear,no emotion. In fact no talent except finding the holy grail. Can the holy grail be put on a 3X5 card? Interesting to hear mechanical systems being mentioned. Hard to get a system that always says sell at 4:00est. But it beats "that certain feeling" type of trade. The holy grail comes in a different form for everyone. Reminds me of a trinket, I paid $5 for in Iran - an ashtray. I thought it was beautifully done, a work of art. I wanted my mother to have it. On my return to the states, I found it at Walmart for $2.95.