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<DIV><FONT color=#000000 size=2>The following site was brought to my attention
by fellow RT Wayne Moody. I would like to encourage all RTs to take the
time to read through it and give it some thought. The site gives information
regarding the CFTC and the publisher of <EM>The SuperTraders Almanac. </EM>
I will warn you that it is not light nor enjoyable reading, but I do believe it
is important reading and worth your time. It contains information that has
the potential to impact many of us on this forum directly or indirectly.
</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT><FONT size=2>The site is:</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT><FONT color=#000000
size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2><A
href="http://www.busprod.com/censorship/response.html";>WWW.busprod.com/censorship/response.html</A>
</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>On a lighter note, let me say that I have
enjoyed the input, ideas and debate from everyone on this forum and am looking
forward to more in the upcoming year. May everyone have a very enjoyable
holiday season, and a very profitable trading year in 1998.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>All the Best !</FONT></DIV>
<DIV><FONT color=#000000 size=2>Bill Shumake</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Wed Dec 24 08:47:32 1997
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Paris Wed, 24 Dec 1997 11:01:22 +0100 (MET)
Message-Id: <34A0DD30.2777@xxxxxxxxxx>
Date: Wed, 24 Dec 1997 11:00:16 +0100
Reply-To: Gw.Gautier@xxxxxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: GwGautier <Gw.Gautier@xxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: GEN: Comments on History
References: <3.0.5.32.19971224114652.00998bc0@xxxxxxxxxxxx>
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X-To: Visavis@xxxxxxx
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Status:
Visavis wrote:
>
> Quoting from the book "The New Money Master" by John Train on page
> 246:
>
> Andrew Tobias offers a pleasant "technical analysis" story. There was
> a $600 seminar on such matters in New York's Waldorf Astoria Hotel on
> Dec 6-7, 1986. One of the most promising gurus was "Norman Winski"
> described in the invitation as follows: "In 1975, he became a member
> and market maker on the floor of CBOE. During an 18 month period,
> 1976-1977, he successfully parlayed $500 into nearly $1,000,000."
> (Tobias observes that one could scarcely do that unsuccessfully). The
> invitation forgot to mention a little problem: In September 1977 -
> still ten years before the famous seminar - Winski went bust.
>
> This information is not intended to constitute as an act of insult,
> embarrassment or downgrade a certain person/methodology but rather to
> inform and help us all to learn to be more succesfully in terms of
> trading.
>
> If this above was correct, we could ask for more opinion from Mr.
> Winski on what had happen? And what changes & mistakes does he observe
> and brought him back to today as a NEW CONFIDENT TRADER at present.
>
> Hope Mr. Winski will put this in constructive comment to help us
> traders on our won wrong doing and fault.
>
> Glad by the long years of Mr. Winski experience as a trader would
> serve as a good lessons in life as a trader.
>
> I don't know about Mr. Winski, either then, or today, but I do know most
if not all successful traders go bust at one time or the other. That is
usually a strong incentive to learn risk and money management... which
stick allthemore thereafter! I believe this is partly a reason for their
success.
Happy trading to all
Gwenn
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