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Hello Erich :
Interesting.
Please look at my TL remark(s).
----- Original Message -----
From: "Erich Kohlhofer" <KohlhoEG@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Thursday, October 18, 2001 8:44 AM
Subject: Newbes and trading systems
> Hi everyone
>
> I always enjoy a bit of implied aggression on the list. "I will rip
> your tongue out." Mark was being a bit tongue in cheek.
>
> Anyway as trading systems go, he is quite correct in stating that very
> few mechanical systems really work. e.g. only one of the MS experts work
> without discretion. I hope this frightens the shit out of some of you. I
> mean if they all worked, we would not need this forum.
>
> As for Steve Karnish, I believe he is a very clued up trader. His
> version of Bollinger bands is successful.
>
> Actually, I should have kept this to myself, as most of the traders who
> have passed the holy grail stage do.
TL: good friends in this forum are here to share there hard-working
(or better : smart-working !) thoughts.
BTW do yourself a favour and get
> Van Tharp's book. Here he quite clearly states that it is system
> expectancy that counts and not what looks right on a chart.
TL : His money management principles are valuable.
but what exactly does he want to tell us ?
(of course he is the first to question ) but have YOU any idea ?
i f.i. have no expectancy for my system for now and only trying
my utmost to follow my system without emotions.
Greetings from belgium.
btw any RFMD "longers" had a very bad day, yesterday ......
i am short BVF for a week now : any comments welcome.
Greetings
Theo Lockefeer.
.......ADSL surfing with a W2K prof LAN.............
>
> Enough for now, cheers
>
> Erich
>
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