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Re: FreeMarkets post# 17225

Saturday, 11/17/2007 5:51:50 AM

Saturday, November 17, 2007 5:51:50 AM

Post# of 17625
Yeah, 2000 was the largesst and most painful lesson of my financial life and the fault was mine. I totally disagree with all the people who blame 'market manipulation' and 'da boyz' for anything which happens to them.

Mvp is my response to correcting my own mistakes or flawed approach.

Mvp made its largest profits during those horrible bear years.

I think your idea is sound. A friend of mine told me recently he has a hard time blindly executing trades per the signals and I said thats easy for me to understand. Its one thing for me to sit here with 10 years of past tradelists and crosscheck every signal. Its another thing entirely to just get some email.

I told him to do the same as you, just try this with a portion of his money but do it straight as per signal. If that yields an increased comfort level for him, then do what he wants later on.

I also try to emphasize known loser and drawdown rates on any signal which has had them in the past. I thin all people, including me, can do better if the possible downside is clearly presented upfront.

You CAN time the market!

But only after you trash the big 3 myths.

Myth 1 - its possible to get every point of every move
...Myth 2 - you'll never have a drawdown
......Myth 3 - you'll never have a loss

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