Bob Buran Course

em...@soho.ios.com

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Jun 21, 1996, 3:00:00 AM6/21/96

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Would appreciate any comments or insights from anyone who has taken or
reviewed Bob Buran's system.

Brian Rogers

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Jun 22, 1996, 3:00:00 AM6/22/96

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On Fri, 21 Jun 1996 09:06:33 -0700, em...@soho.ios.com wrote:

>Would appreciate any comments or insights from anyone who has taken or
>reviewed Bob Buran's system.

Back in 1993, I bought the system he was promoting. It was called
TRABOS and the GRAND COMBO. The former is a range breakout system.
You take the true range of festerday, add it to the high of today and
subtract from the low of today. Tomorrow, you buy at the high plus
the true range, sell at the low minus the true range. Exit the trade
at the close of the entry day. The idea is to catch the market on a
gap day or an otherwise strong, short term move.

The GRAND COMBO was a collection of short term trades, some of which
struck me as quite bizarre. One signal ignored trading with the long
term trend and tried to catch the little hook retracements in the
trend. He presented a track record that showed profits, but he traded
13 markets at the same time and some were just awful. Like any
system, it had good and bad periods.

He also had a video and a manual that gave the impression he did not
follow the system exactly, but day traded the signals he got from the
main system.

All in all, I could not trade it. Too wierd for me, and a lot of
order placing every day with the TRABOS.

Harry Ploss

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Jul 4, 1996, 3:00:00 AM7/4/96

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em...@soho.ios.com wrote:
: Would appreciate any comments or insights from anyone who has taken or
: reviewed Bob Buran's system.

He is in the Business of Selling systems and courses, and using his fancy
names. Why does he not just get rich trading his system??

My guess is you will not either.
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Harry Ploss @ Dallas | Managed Futures Worldwide | hpl...@netcom.com
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David R. Olson

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Jul 7, 1996, 3:00:00 AM7/7/96

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Harry,

I purchased Bob Buran's "How I Quite My Job and Turned $6,000 into a
Half Million Trading Commodities" course. It came with two manuels
and eight video tapes. Bob is a former psychologist who traded on the
side, quit his job, and traded with his wife full time eventually making
over $500,000 in a period of about six years. The way I understand it,
Bob was using Trade Station and was "discovered" by Bill Cruse of Omega
Research. They entered into a business arrangement but eventually
parted ways. It was at that time that I bought his course.

I found his ideas original and somewhat innovative. I especially liked
his concept of "margin efficiency". He seemed to me totally honest and
open with what he was doing. He was basically a trader like many of us,
trading while holding down a "real" job, who had some original ideas,
the discipline to trade them, and the nerve to quit his job and trade
full time.

In the video he was somewhat overweight and his hair stuck out all over
the place. A year or two ago I got a brochure for a trading seminar
where he was one of the speakers. There was a picture of him and he
had lost his extra weight and looked like a different person. He also
moved his business from the northwest, Washington state I think, to
Flordia. I haven't seen him on the speaking circuit recently. Wondered
how/what he is doing now myself.

Dave