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Saturday, February 04, 2006

Malfunction?

There seems to be a malfunction in the Google system. I received this e-mail from fortitude, apparently his post was erased.

Juan,

Thanks for the reply.

RE: "In your sample, you have 9 Stocks using the PCCRCs, total value to start with of $100,000. Is that too much invested in one single trade? What about 20?"

You interpreted my comments "Juan: I suppose you mean one strategy (PCCRC) only."

I was not being completely clear with my thoughts. You are putting sums of $10,000 into a trade. Why not a smaller amount, but more trades? Again, I am just thinking about risk, that is all.

RE: "Juan: You have shown the trades which have made money and have done well. What about the trades you might have picked and didn't do well?
Thanks for your input. This is the kind of questioning that we need so help me think abou the things I did not thought about."

To me that is the most important point to consider "What about the trades you might have picked and didn't do well?" I am speaking generally here, but most sellers of systems or trading techniques always show the winning trades, they don't mention the failures. They speak in general terms about cutting losses and letting the profits run.

RE: "I have showed you something to start with, I will be posting more real trades and continue to keep track of them. DO keep a tally on my successes and failures."

You have provided a starting point and some useful advice. I am just playing devils advocate... **Smiles**


Here is my reply to him:

1. In this blog I want to share with other traders what I have learned and create a forum where we can all exchange ideas.
2. This is not a business, I am a trader, and have spend a lot of time trading and experimenting on strategies. I don't intend to take your money and run.
3. What I am sharing has been supported with details in written and audiovisual material. You can make up your own mind as to whether it is useful to you or not.
4. I am ready to answer any questions clearly and thouroughly based on my experience. Since I am not trying to protect some Guru status, I have nothing to fear when I answer your questions.
5. I expect that you will bring your own ideas to the table, so I can learn from you as much as you learn from me. I am ready to use what I think would be worthwhile.
6. I expect you to test my ideas and see how you do. It is a hard and arduos process, so you must not give in easily.
7. I am posting my own real life trades so you know exactly how I adjust my trades.

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EWI