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


To: Patrick Slevin who wrote (2791)8/29/1998 2:03:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
"Why don't you just do what you are doing and learn for yourself. Just my thought on the matter."

Nothing against that guy who wrote that or any of the other two million minions that speak as if they know the truth....somewhere I am probably included in that mix as well. I included his post here because I thought it was fairly well thought out and well written. I know that the last two days I have only made one trade because of the volatility. However, that being said I did not know whether or not this guy really knew what he was talking about and it is good to see a difference of opinion.

Your statement above speaks volumes.

I know that I have almost decided to not read the omega list any longer because every time I read something that is the opposite of what I am doing it tends to un-nerve me a bit. In this business the last thing that is needed is any negative BS that causes mental frameworks to either start to question or become off kilter. That being stated however, a good solid counterpoint is crucial as well so that one does not miss anything that might be sound thinking.

I know that what I am doing is working for me. My only challenge it appears is making the switch from computer based paper trading to the real kahuna with real dollars. That at this point seems to be the only challenge to overcome.

It also appears to me that there are a million ways to trade the SPOOs and that some of the methods won't work for some people. It is those methods that those people will put down as nonsense and tell others to not try it. I hope that I am able to rise above that. For example, right now there is no way I could trade like Tom. There are a variety of reasons for that, but that is inconsequential. For me that won't work...right now. Many on these lists appear then to conclude that that won't work for anyone. That simply is hogwash. Tom's methods work fantastic for him and shame on anyone that would say otherwise.

Sorry to use you as an example Tom, but it came to mind simply because I don't believe I could trade like you do at this point in my development. That does not negate any of the respect I have for your calls or your methods. I wish I had 1/10 of the ability that you have garnered over the years and maybe some day I will. The difference is that many on these lists would put it down, whereas I hope that I am above that as I refuse to do that and instead would wish to learn more from you.

The trouble at the beginning of any business is that there is so much to know that anything might sound plausible or possible, even the negative advice.

I was going to throw out a couple of things that I hear over and over and over and dispute them right now. However, I decided the better course is to wait on that. If and when I am able to dispute them for real after trading with real dollars I will do so. Until then, I think the best course is to take Patrick's advice above and keep doing what I am doing as it appears to be working for me.

Thanks for the thoughts.

-Scott