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Re: Mechanical System Evaluation Guidelines, evolved from Re: Sheriff's (part one)



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>>I would NEVER buy a system from a non-trader!!!   This is first of my
>>TRADING commandments...THOU SHALL NOT BUY TRADING SYSTEMS FROM
>>NON-TRADERS...PERIOD!!!  Etched in stone.  

Hey, this is good, I can tell you've been there. Yeah, after thinking about
it I realized that, when trading equities every day, intraday and very
short term, I gain a feel for how the mkts are behaving right now, but more
specifically, I gain an insight into the characteristics of the issues I
trade. INTC trades this way, NETA is more like that. Each is unique and has
a personality which can be profitable if understood. A non-trader cannot
possibly provide the system I need for the current situation, no matter how
academic or experienced they may have been in the past. Only I can really
provide the system I need because the universe of possibilities is just too
large and constantly changing. For any equity trading system to be
constantly productive, it must change, as the mkts change and as the trader
changes. Everything else is for educational purposes only. What really
counts is when it's my money on the line.