Pete,
You don't seem to understand. The markets represent a limited
opportunity for exploiting inefficiencies. You can not take "any"
amount of money out of the market without changing the market itself
and closing up the opportunity. Once the inefficiency and how to take
advantage of it becomes common knowledge, the ability to exploit it is
gone.
If someone blabs about their methods, they are taking the money out of
their own pocket and throwing it to the wind. It it is tough enough
to keep a system running profitably in an ever changing/evolving
market without shooting your self in in the foot.
The same thing would go for a favorite fishing hole. Tell to many
people and all the fish are gone in a flash.
So yes, you need to find your own market corner to take advantage of,
and then don't tell anybody. You can write a book about it when it
stops working --showing all the great examples from the past when it
did work. Then you can make your second fortune.
Don't worry about what others may or may not have done. Your job will
be to take what the market has to offer. There are tests that you
could run using a lookahead ZigZag system that will tell you the
maximum (im)possible return. If you can do 50% of that, then rejoice
that you are the best.
Best regards,
Dennis
On Jul 6, 2008, at 6:25 PM, Pete wrote:
> Ok, so it seems to me there are folks out there who have developed
> profitable systems and due to the blood sweat and tears involved in
> the process of building a system very few, if any, are willing to
> share their trade secrets. Fair enough. I will put in my time pay
my
> dues and build a profitable system and take your silent examples
as a
> 'word to the wise' to keep my mouth shut about anything I create.
>
> It's just that I am goal oriented and very competitive. If I knew
of
> some system that churned out cash at a specific percentage I would
not
> stop building until I exceeded that system's performance. Without
this
> feedback I am very likely to be satisfied with a much less
profitable
> system simply because I don't know of anything better. What better
> environment to develop a system than one in which everyone knows
what
> they have to compete against???
>
> --- In amibroker@xxxxxxxxxps.com,
"brian_z111" <brian_z111@...> wrote:
>>
>>
>>
>>
>>
>>
>>
>> --- In amibroker@xxxxxxxxxps.com,
"Mr. 21015" <mr_21015@> wrote:
>>>
>>> what, if any, formula in the AB library is anyone using to
>> consistently
>>> make money. *Please* don't tell me it's a combination of
things; I
>>> could do the same thing without using AB. thanks in
advance!
>>>
>>
>>
>> Referencing your 'question' (and also Petes)............
a 'long'
>> pysychological commentary on Fred's answer.
>>
>>> Perhaps a better question to ask is:
>>> "How many of you are actually using Amibroker to make the
kind of
>>> money
>>> to quit your day-job using a custom built or borrowed
system?"
>>
>>
>>
>> So you don't waste anymore of our time, or your time:
>>
>> You are really addressing this question to yourSELF.
>> It is an outward _expression_ of your own inner SELF DOUBT.
>>
>> In pragmatic terms:
>>
>> a) Set your own trading objectives (since they are your own it
>> follows that you must 'believe' in them?)
>> b) use the tools at your disposal to achieve your goals (AB is
one
>> such tool, albeit not the only one).
>> c) don't blame the tools
>>
>> What does 'what I am doing' have to do with 'what you are
doing'?
>>
>>
>> brian_z
>>
>
>
>
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