Re: [RT] Seeking a Mentor to Take Me Higher

["Norman Winski" <nwinski@xxxxxxxxxxxxxxx>]

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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  <A title=mandrews@xxxxxxxxxxx 
  href="mailto:mandrews@xxxxxxxxxxx";>mandrews@xxxxxxxxxxx 
  To: <A title=nwinski@xxxxxxxxxxxxxxx 
  href="mailto:nwinski@xxxxxxxxxxxxxxx";>Norman Winski 
  Sent: Monday, December 16, 2002 8:11 
  PM
  Subject: Re: [RT] Seeking a Mentor to 
  Take Me Higher
  <FONT 
  face=Arial size=2>
  Norman,Well said. I've always enjoyed reading your posts. The last 
  time we spoke via e-mail, you mentioned that trading with Astrology one has to 
  trade a particular market only if it happens to play the right tune on that 
  specific date. If it doesn't happen to play the right tune when the date 
  comes, then you stand aside. I realize it's not easy to make money in the 
  market, if it were then everyone would be doing it, but how do you know a 
  particular market has played the right tune until it's already finished it's 
  song?
   
  NW: Mat, one doesn't have to hear the entire song 
  in order to "name that tune:" Most people can identify Beethoven's Fifth 
  Symphony  after hearing the first four notes.  Same is true for the 
  market.
  If my analysis and forecast say to expect  A 
  A B AA  and the market plays BB B CC  I know my forecast is not in 
  tune with the market. If the market shows signs of matching what I expect, 
  then there is a good chance my analysis is in tune with the market and I 
  should consider entering the market.  MatP.S. I've 
  always felt that if one could trade the markets successfully for a living, 
  then they wouldn't need to sell books/systems/courses/indicators, etc...
   
  NW: I say, why not do both?  I trade and I 
  enjoy meeting and helping people.  Each brings me satisfaction that 
  only doing one wouldn't do. ------- Forwarded Message 
  Follows -------To: 
  <realtraders@xxxxxxxxxxxxxxx>From: 
"Norman Winski" 
  <nwinski@xxxxxxxxxxxxxxx>Date sent: Mon, 16 Dec 2002 14:31:39 
  -0500Subject: Re: [RT] Seeking 
  a Mentor to Take Me HigherSend reply to: realtraders@xxxxxxxxxxxxxxx[ 
  Double-click this line for list subscription options 
  ]DN,Per your question below, trigger shyness can 
  be fixed with practice. First start with paper trading your system exactly to 
  the rules, assuming you have rules or a system. Hopefully, after seeing your 
  system successfully work on paper for at least six months, you may decide you 
  are ready to trade real money. Now trade the same system using such a minimal 
  amount of money that if all went wrong, it wouldn't phase you. You should 
  grade your performance as much by how well you followed your rules as you 
  judge the system. Making money on a trade where you didn't follow the rules is 
  a bad trade. Losing money while following the rules is a good trade. If your 
  system works and you follow it, you will make money in the long run. If you 
  had trouble following your rules, you either need a different system or 
  consider changing to a non financial venture such as Parchesi where you won't 
  hNext patient! <G>Regards,Dr. Norm Your 
  Trading DocP.S. I sense with all the books and software you have, you 
  may be suffering fromanalysis paralysis. The answer of course is to 
  simplify!! Get a simple system written down on paper that you can follow 
  like a robot. You should not be making any decisionsduring market hours. 
  All strategies should be determined in advance. Just follow what youhave 
  laid out in advance just as you were a robot. No thinking allowed. ----- 
  Original Message ----- From: XINOS@xxxxxxx To: nwinski@xxxxxxxxxxxxxxx 
  Sent: Monday, December 16, 2002 1:35 PMSubject: Re: [RT] Seeking a 
  Mentor to Take Me HigherNorm,Great advice to Brian.Can you 
  recommend any books/gurus/courses on EOD trading in the Stock Market?I 
  have accumulated about $5,000 worth of books and about $10,000 worth of 
  software ((now u sing AIQ mostly) Advanced Get occasionally). I'm a 
  reluctant "trigger-puller." I've been a "student" for about six years.Any 
  advice will be greatly appreciated.Dan Nicholas; San 
  Diego






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