|
PureBytes Links
Trading Reference Links
|
> Thanks Jose..if that really is your name?!
Anonymous poster #45387, I've had no reason to hide my identity for
the past seven years' posting on the Net, and still find no reason to
hide behind a pseudonym now, specially since they've moved me from the
#1 spot on the list:
http://www.foplodge75.org/wanted.html
> It did take me time to type all that with just the one hand though.
> Man, that divergence indicator is sharp!
Stick to your moving averages - trust me, it's safer for you.
Jose Silva
--- In equismetastock@xxxxxxxxxxxxxxx, "TecloGeo" <teclogeo@xxxx>
wrote:
> Thanks Jose..if that really is your name?!
>
> It did take me time to type all that with just the one hand though.
> Man, that divergence indicator is sharp!
>
> _____
>
> From: equismetastock@xxxxxxxxxxxxxxx [mailto:
> equismetastock@xxxxxxxxxxxxxxx]
> On Behalf Of Jose Silva
> Sent: Tuesday, May 10, 2005 7:31 PM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: optimize--MG's question
>
>
> Well said - not bad for an anonymous poster. ;)
>
> I was told that instead of all that "a successful trader today needs
> sharp trading tools".
>
> A successful trader needs both. A trader with sharp tools and no
> skills will just cut their trading account to pieces.
>
> It's the application of trading tools *and* skills, and not the
> tools themselves that make the difference. This is the main reason
> I provide trading tools and not complete mechanical trading systems.
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "TecloGeo" <teclogeo@xxxx>
> wrote:
> Super,
>
> Interesting analogy you use with sports athletes of past eras not
> being able to cut in the modern age. Here's my take on that for what
> it's worth.
>
> Whatever situation you take, it has always been, and will always be,
> that in order for a certain group of traders to make money then the
> majority must lose. That's basic stuff and applies directly to the
> althetic analogy - how many athletes do history remember out of all
> those that have ever taken part? Not many.
>
> I think that to say that "Babe Ruth and Jim Thorpe probably wouldn't
> have been much of a force in today's world" is actually probably
> incorrect. Yes, there were different techiques, training and
> technology in the old days. But what if.what if, we had a teleport
> machine at our disposal and zapped those old guys forward to our day
> and zapped modern day heros like Johnny Wilkinson and Steve Redgrave
> back to their days? Sorry if you don't know who they are but I'm a
> Limey and I have to give honourable mention to our own legends!
>
> If you compare apples with apples on a level playing field and
> remove all the external influences on a participant, be they in the
> sporting or trading arena, I think you will find that legends will
> still be legends. Give Babe Ruth access to all the modern day
> techniques, etc and I bet you he would still have been a hero.it's
> just he would have whipped everyone's ass with even more skill !!
> Take away Johnny Wilkinson's modern day training ground and he STILL
> would have drop-goaled the Aussies in the rugby World Cup final.!
> Why? Because at any given time, the techniques available to one are
> generally available to all.it's the application of those techniques
> and skills that counts, not the details of the techniques
> themselves. Getting one up on your current competitors is all that
> matters.tomorrows competitors are not relevant.
>
> It may be a bit pedantic of me to take issue with your simple
> analogy, but it does actually re-inforce what you seem to suggest.
> The real danger now is in the OVER-use of technology. What sets a
> successful trader or sportsman apart from the crowd is mainly
> comprised of self-disipline, guts, instinct, sheer determination and
> an unstoppable will to succeed. These are all things that lie
> within and can be found neither on a training ground nor a computer
> screen, no matter how good the algorithm.
>
> I got (politely) taken to task recently for voicing an opinion on a
> strategy that I have found reasonably successful.one that involves
> "traditional" methods of multi-time frame analysis, basic trend
> recognition, indicator divergence and an appreciation of the overall
> macro-economic situation. I was told that instead of all that "a
> successful trader today needs sharp trading tools". Well I disagree
> with that statement.what a successful trader needs today is exactly
> the same as what a successful trader has always needed - a sharp
> mind, not sharp tools. You can give sharp tools to the village idiot
> and he will eventually cut his hand off!
>
> In summary.it seems to me that the "crowd" is doing exactly as you
> say - they are moving to products like MS in the search for a holy
> grail and ending up with indicator fascination/paralysis. Just like
> they trusted their fund managers in the 80's and 90's, now they are
> moving instead to trust that buy signal on the latest black box
> plug-in they bought. Well rather than follow the crowd I would
> rather stick with simple tools that I understand inside-out and
> spend most of my time focussing on how I can use them the way they
> were meant to be used.
>
> So I think we agree with each other?!
>
> PS, no responses from Aussies about the present day state of the
> English rugby team please!!
>
> _____
------------------------ Yahoo! Groups Sponsor --------------------~-->
Has someone you know been affected by illness or disease?
Network for Good is THE place to support health awareness efforts!
http://us.click.yahoo.com/Rcy2bD/UOnJAA/cosFAA/BefplB/TM
--------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|