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Hi Steve,
<BR> Just curious if you would give me a simple insight
to what u mean by your method of trading that people ignores. I trade interest
rates contracts.
<P>Steve Karnish wrote:
<BLOCKQUOTE TYPE=CITE> <STYLE></STYLE>
<FONT FACE="Arial"><FONT SIZE=-1>List,</FONT></FONT> <FONT FACE="Arial"><FONT SIZE=-1>Alexander
wrote:</FONT></FONT><FONT FACE="Arial"><FONT SIZE=-1>"Here is the most
important consideration why the winning system would never</FONT></FONT>
<BR><FONT FACE="Arial"><FONT SIZE=-1>be sold. The goal of the market is
to defeat all predictions (or market</FONT></FONT>
<BR><FONT FACE="Arial"><FONT SIZE=-1>would cease to exist). So every knowledge
discovered about the market</FONT></FONT>
<BR><FONT FACE="Arial"><FONT SIZE=-1>either has to be kept "secret" (and
used on very small scale and in very</FONT></FONT>
<BR><FONT FACE="Arial"><FONT SIZE=-1>conning manner as to not attract an
attention of other market participants,</FONT></FONT>
<BR><FONT FACE="Arial"><FONT SIZE=-1>remember old times pool manipulators?)
or when known it is "negated" by the</FONT></FONT>
<BR><FONT FACE="Arial"><FONT SIZE=-1>market."</FONT></FONT> <FONT FACE="Arial"><FONT SIZE=-1>I
agree with Richard Dennis. He once was quoted that he could publish
his "Turtle" rules in the Chicago Tribune and absolutely nobody would pay
any attention to it. I've tried to give away my most guarded secrets
and people ignore the offer. I've also traded for many clients, using
time tested mechanical systems, when after accruing 6 or 7 winning trades
in a row, the system incurs a small loss ... only to hear them comment:
"Gee, I guess the "system" isn't working any more".</FONT></FONT> <FONT FACE="Arial"><FONT SIZE=-1>I'm
always amazed and amused that 90% of all traders are looking for the "holy
grail" and yet, less than 5% (wildly high estimate) of those have the discipline
or patience to perpetrate any mechanical plan. Argue the point if
you must; this is my simple, subjective view, formulated after "way too
many years" observing self-destruction by the Amerikan trading public.</FONT></FONT><FONT FACE="Arial"><FONT SIZE=-1>Steve
Karnish</FONT></FONT>
<BR><FONT FACE="Arial"><FONT SIZE=-1>Cedar Creek Trading</FONT></FONT>
<BR><FONT FACE="Arial"><FONT SIZE=-1>http://www.abbracadabra.com/cybercast/</FONT></FONT></BLOCKQUOTE>
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</x-html>From ???@??? Wed Dec 08 20:33:22 1999
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From: "Rick Jenson" <rsjenson@xxxxxxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
References: <001301bf419c$840e5a60$5f1c4118@xxxxxxxxxxxxxxxxxxxxxx> <00a101bf41ea$8a8e5680$726fa8c0@xxxxx>
Subject: Re: Gann Swings and Intraday Trading
Date: Wed, 8 Dec 1999 09:47:36 -0600
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Status:
Adam,
Is the Drummond Geometry the system with the PL dot?
Rick.
----- Original Message -----
From: Adam Hefner <vonhef@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, December 08, 1999 8:10 PM
Subject: Re: Gann Swings and Intraday Trading
> Glen,
> Thanks for the kind words about the "Gann Swing" code. I haven't worked
> on
> it much lately.......mainly because I kept finding myself using it to
> analyze the
> market rather than trading (I still like using it for analyzing though). I
> just couldn't
> devise a good trigger system to enter with......but I still saw great
merit
> in the
> multiple time frames. That's when I was introduced (by a very kind fella)
to
> a
> different method that also uses time frames. When I first read their
> literature
> and saw all the garbage about "Natures energy" I thought, what kind of
cult
> is this? It was like reading lines from a Star Wars movie or
> something.......
> "May the Force be with you"......... anywise, I almost didn't pursue it.
> But
> now I am excited about what I am learning! The mechanics of this method
> has opened my eyes to trading opportunities. I am still learning and am
not
> sure
> if all of it works....but the definitions they use for trend and
congestion
> are
> something I can use with MANY systems.....in fact I have so many new
> Idea's to test with these 2 definitions, I don't have enough hours in the
> day!
> Now your asking.....what is it? I am almost afraid to say, because of
> the obvious marketing hype, but I cant argue with the mechanics of how it
> works so here it is: "Drummond Geometry" If anyone on this list uses
> any of the Drummond stuff, please contact me.....I would really like to
> converse with you.
>
> Adam Hefner
> vonhef@xxxxxxxxxxxx
>
>
> P.S. I have never been a Gann astrologer, nor a cult follower............
> I just go with the math.
>
> ----- Original Message -----
> From: "Glen Wallace" <gcwallace@xxxxxxxx>
> To: "MetaStock listserver" <metastock@xxxxxxxxxxxxx>
> Sent: Wednesday, December 08, 1999 10:51 AM
> Subject: Gann Swings and Intraday Trading
>
>
> > I recall someone asking a while ago if anyone had written the MetaStock
> code
> > for the Oct99 TASC article "Gann Swings and Intraday Trading."
> >
> > I was poking around Daryl Guppy's site today and came across Adam
Hefner's
>
> > HiLo, Swing and Trend indicators and expert. You can find the code at
> > http://www.nt-tech.com.au/guppy/gup96.htm
> >
> > Looks like a lot of thought went into it. Adam deserves yet another pat
> on
> > the back.
> >
> >
>
>
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