I find it somewhat HILARIOUS, in that Rick Ratchford CAN'T follow his
own Trading rules!!!
How many times has Rick been asked these SAME QUESTIONS...then you sit
back and watch the RAT, SPAM and OBFUSCATE his answers!!!!
Why does Rick Ratchford, DUCK and RUN when HE is asked about these
SAME questions? You NEVER do get and honest answer from the RAT!!!!
Why does the RAT, NOT give us his fill numbers, or the dates and times
of his orders, or the number of contracts, or the fill prices, or his
closing out a contract price, etc....and the REASON WHY IS, these are
FANTASY Trades, put out by Rick Ratchford, in order to DUPE the
newbies into his web of DECEIT!!!
Ricky says:
Things you should record for each trade (at least).
1) DATE and TIME of the order.
2) Buy or Sell.
3) Quantity.
4) Market.
5) Price.
6) Type of order (STOP, MIT, etc.)
7) Chicago or New York time. (Makes it easy to talk
their time than ours here in the West.)
8) Who took the order. (Bob, Joe, etc.)
IF THE ORDER IS FILLED
9) Price filled at.
10) Time they called.
SUGGESTED EXTRAS
11) What price was the market at when the order was place.
So why does the RAT, NOT FOLLOW HIS OWN RULES?
Buyer BEWARE, if the RAT is there!!!
Sincerely,
gerillio.
######
######
RJ Ratchford View profile
More options May 21 1997, 3:00 am
Newsgroups: misc.invest.stocks
From: RJ Ratchford <ric...@[EMAIL PROTECTED]
>
Date: 1997/05/21
Subject: Write It Down!
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=======================================
Write It Down and Keep It!
=======================================
What a wake up call this morning when I called to check my account
status to find I was long contracts in July Soybeans at 856! WHAT!?!
Out of the blue, I'm long a market going down hard! I'm glad I asked,
but now I have to make a decision.
"I SHOULD BE FLAT EXCEPT FOR 7 CONTRACTS IN HOGS."
"What is the ticket number?"
"WAIT, I HAVE IT HERE SOMEWHERE."
"What day was it placed?"
"I DUNNO, LAST WEEK SOMETIME. CHECK YOUR TAPE"
"What time and what day should I check the tape?"
"CHECK THE DAY OF THE TRADE AND THE NEXT DAY."
"Hold on....." <on hold for an endless amount of time and here comes
my train as I stand in a cold phone booth at the station.>
<click!>
I call back via my cell phone on the train, and come to find out that
they found the order and I did go flat on that trade last week.
Whew! Thousands of dollars on the line because of a piece of paper
floating somewhere in my train bag, or in one of my offices!
Well, turns out the error was theirs and I was flat. But, a big
lesson
was learned here.
Keep all your trades in one notebook, keeping it in a safe place. If
you travel as I do, make sure when you return home, you transfer your
information onto the master ledger. Since I can't remember trade
details
from several days or weeks ago, I was beginning to think that maybe I
made the mistake, and fortunately when I was calling back to make an
exit order (just get out and solve later, don't try to trade back
in),
I learned they discovered their error.
Then, I got this big lecture on making sure to have the ticket number
and the day available next time. "...yessir...".
Their error, my hand slapped, and heart pumping wildly. I don't like
that feeling one bit. Always have to know what is going on.
Things you should record for each trade (at least).
1) DATE and TIME of the order.
2) Buy or Sell.
3) Quantity.
4) Market.
5) Price.
6) Type of order (STOP, MIT, etc.)
7) Chicago or New York time. (Makes it easy to talk
their time than ours here in the West.)
8) Who took the order. (Bob, Joe, etc.)
IF THE ORDER IS FILLED
9) Price filled at.
10) Time they called.
SUGGESTED EXTRAS
11) What price was the market at when the order was place.
If you keep a record like this on your orders, you won't fall into
the
kind of situation I did this morning. Funny thing, this is not the
first time I have done this. I would keep a record as above, and all
would be really fine for a long time. Then, I get laxed and have them
written on everything I can find, and then the floor drops out.
Good thing they found that order on their tape before I made an
opposite order to cover.
A lesson learned....
cheers!
:)
rick
--
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Rick J. Ratchford
http://FSoftPubli****ng.com
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