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Re: S&P Day-Trading Systems



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At 03:08 PM 8/26/98 -0700, David Powell wrote:
>Anyone familiar with an S&P Day-Trading system that is worth it's price?
>Any to definitely stay away from?
>
>
David

S&P Day Trading System that was at or very close to 70 to 80 per cent and
had a real 10 year history
track record and showed minimal draw downs would be worth a lot of money.
If I had such a system it would never be sold just traded for me. Any S&P
day trading system that somebody is willing to sell at $2000 bucks or what
ever price in that range is not worth it and could cost you a lot more than
that if used. Second even if you found a decent system that's only have the
deal you have to learn to trade it and I do mean learn. The notion of plug
and play get rich from S&P Day Trading Systems is all myth. Mark Jurik has
a web page that does a good job of describing how to develop a trading
system for yourself. I have no affiliation with him just its the best
explanation I have seen.
Good luck and good trading.

Robert