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


To: Tom Trader who wrote (8522)11/13/1998 2:10:00 PM
From: flickerful  Read Replies (1) | Respond to of 44573
 
<<Please excuse the philosophizing!!:)>>

absolutely not...
i enjoyed your post very much, tom.
in fact, it is a keeper.

thank you,

flick



To: Tom Trader who wrote (8522)11/13/1998 2:17:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
I sold 29.20

Working on the half of Mohan's thought about making a lot of money.

I'll worry about keeping it once I close the trade and cash a check.



To: Tom Trader who wrote (8522)11/15/1998 11:48:00 AM
From: Edwarda  Read Replies (1) | Respond to of 44573
 
Dear TT, please philosophize away. Those of us who have been in the market in one way or another for more than 30 years hear what you are saying and agree wholeheartedly. We are the ones who are still above ground and have something to show for it.

I'm with flick, this one is a keeper! Best of luck to you.



To: Tom Trader who wrote (8522)11/15/1998 12:41:00 PM
From: jjs_ynot  Respond to of 44573
 
I couldn't agree more. You will win a baseball game every time if you have a consistent series of singles and doubles vs. a team that swings for the seats and hits several home runs punctuated by a number of spectacular misses.

The laws of compounding work against you in the drawdown unless you can get a high win percentage, measured in dollars.