Well I figure
that the loss of one metaphorical hand during the 3-5 year learning curve that
was referred to recently was worth it. I can now proudly say that I’ve
gained enough experience to progress from “village idiot” to “town
dunce” level and, what’s more, progress from moving averages to
something a bit more sophis…ummm…oh dear, what happened to that
second foot I had?!
As for
anonymity…no.2 on the list looks strangely familiar also? Got something
to tell us MG…? And I’m sorry to hear you died in 2000 Jose. How does it feel? Well, you will go bandying
your real name about in public… I’ve no sympathy I’m afraid!
I tell you in
all seriousness though…privacy is the last refuge of the little guy,
retain it whenever and wherever you can.
Mind you, I’m
not trying to sell anything, so I don’t need to tell anyone my real name
is Phuc Minh
(and that’s
pronounced Foook, OK?!!!)
From:
equismetastock@xxxxxxxxxxxxxxx
[mailto:equismetastock@xxxxxxxxxxxxxxx]
On Behalf Of Jose Silva
Sent: Tuesday, May 10, 2005 11:29
PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group]
Re: optimize--MG's question
> 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!!
>
> _____
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