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What is your agenda?
Mr. Steinitz,
Many of us here are looking for something more profitable than what we now employ; we come here with perhaps a bit of naivete, no street savvy of these forums and tend to believe more than we should. In this case we see Mr Steinitz proclaiming a near "holy grail" method and after some initial investigation we become hopeful that maybe we have finally found a simple method that we could put to use with a fitting MM strategy and achieve our goals.
I see two of these same kind of people expressing a concern over contradictory trading practice by Mr Steinitz. For followers who hang on every letter of his direction, they must feel a sense of incredulity that some of his trades are taken in direct conflict to the rules that he so vociferously explained and punctuated in post 68 about "blindly following the rules...."
Then you have that kind of a response to legitimate questions, and yes Mr Stienetz it was rude and seemingly arrogant and leads one to wonder if that isnt the reason you're no longer moderating.
And just for the record, whether you know it or not, a black jack player does employ stops - he has the luxury of asking himself each hand if he's in or out and for what amount of risk. We all know markets are not that forgiving and once you're around long enough to be hammered by a BOJ buy down or a Bill Clinton sellout ('97), you'll realize the very basic reason for having a stop.
I personally have found your method very tradable from my perspective and simple to follow and would like to continue to follow the results of your efforts and your generosity in sharing this with fellow traders. But whatever the reason, I would respectfully request that members here be treated with respect and courtesy.
I wish you luck and much success in the development and implementation of your method.
WT
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