[isatrader]

Ok thank you, i understand, but i don't understand why his newsletter doesn't provide the exact trading plan and positions to take, just like he does for himself, if his performance is really good. I work for a compagny in that field, it is exactly what we do.

I don't find it boring at all, i find it extremely interesting, i'm not kiding, i would love to have the time doing it everyday, actually i hope one day with my associate we can start a blog about investing, we have a plan to do it, that's why we are looking for proof that a method really work, we don't want to give to people bad advices.

I have studied this methode and i'm not a newby without pacience shooting trades randomly, i have myself a very low trading frequency, i'm more a long term investor actually, and i only look at weekly sharts, the daily shart is used only for confirmation signal.

There is a differance between "spending my time trying to discredit it" and simply asking proofs that it works (or not). It's just a fact most trading systems that can be readed in a book don't work, while the very successfull traders and investors don't waste time writing a book, since they don't need to. For now, based on my researches, Peter Lynch is the only one who wrote a book to explain his method and has a proven track record of very hight returns.

If think when it comes to any trading method, including methods like lynch's that have reported great returns, that 99.9999% of people couldn't replicate it even if they were trading the same method, as any discretionary method involves humans, and we are are emotional, impulsive, greedy, fearful etc. And so only a few elite people will ever return truly great returns, as the majority of people sit within the middle of bell curve, and only the truly gifted will have dramatic success over the long term. So take the example of the Olympics which is coming up in the summer. Those athletes have trained most of their lives, and most importantly have natural talent, as well as being at the peak of their abilities, and will do things that few others ever will except in their dreams.

So my point is, that there are elite athletes in the trading world like Lynch, but there's little chance that the rest of us will ever reach those heights. And so we try to our best to outperform the market, and with Weinstein's method I've managed to do that for the last few years. There are others that haven't, but all I can say is that it's helped me become a more disciplined investor, and is working for me to increase my pension.

Any method you choose to use can only take you so far. But natural talent can't be learned, you either have it or you don't, but if you have it, it can be improved...