a reprint for those who missed it a few years back
The KR System
I thought I’d pass on to all the great folk at Aussie Stock Forums a fantastic winning strategy so that everybody can become a millionaire this year. I’ve been using the KR system now for a year and, beginning with a stake of just one hundred dollars, Treefrog now has his own GulfStream V jet, palatial homes on seven continents and am dating seven separate former Miss World winners.
Of course, Treefrog now has such unspeakable wealth that he has no need at all to keep this system a secret any longer.
The KR system has long been available on the underground network and, unlike other systems, has been cunningly sold on audio CD through a network of music stores. This unusual distribution strategy has limited the secrets of the KR system to a small elite band of traders.
Treefrog stumbled onto the KR system on a warm summer’s evening when taking a train journey to a small town enigmatically named “Nowhere”. He had a chance meeting with an old trader who, unbelievably, passed on his system for the price of a drink of whisky and a cigarette.
The trader assured Treefrog that the secret of successful trading is having a good strategy and recalls his exact words were: “if you’re gonna play the game, boy, ya gotta learn to play it right”… Very very wise words indeed as 20/20hindsight would attest.
It wouldn’t be fair to disclose the entire system, as system distributors are already out there and the audio CD is very cheap, but here’s the gist of it :-
First of all, Treefrog advises that you let your profits run and cut your losses quickly. In the old trader’s own words :-
“You got to know when to hold ’em, know when to fold ’em, Know when to walk away and know when to run.”
You also shouldn’t focus too much your account balance. Focus on each trade instead. Only account for your cash profit once the trade is closed. In the old trader’s own words:-
“You never count your money when you’re sittin’ at the table. There’ll be time enough for countin’ when the dealin’s done”.
Treefrog also emphasises that every trade is, potentially, a winner but can produce losses if not handled correctly. Closing the trade at the right time is essential. In the old trader’s own words :-
“Now ev’ry trader knows that the secret to survivin’ Is knowin’ what to throw away and knowing what to keep. ’cause ev’ry hand’s a winner and ev’ry hand’s a loser, And the best that you can hope for is to die in your sleep.”
In Summary, here’s the key elements of the KR system :-
“You got to know when to hold ’em, know when to fold ’em, Know when to walk away and know when to run. You never count your money when you’re sittin’ at the table. There’ll be time enough for countin’ when the dealin’s done.”
Good luck with trading the KR system and hope to see you all in Barbados.