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For you items 1 and 2 ....I will answer 'True'. I am not 14 years of age
anymore (I'm at the other end of that Rainbow)....so I have to quickly move to
any next level. In my case the 'vendors' got their money....and I got a
lesson. Some of my purchased 'code' never worked from day one.
In all fairness, I did get a chance to look at their code, made some
modifications and am still using some of it to-day. They did get me
interested in 'code'. I now look at any combination of code, sometimes you see
some very interesting routines.
In another post it was mentioned that the vendor's old 'code' is usually posted
and the newer more market tailored is sold. I question that....one of my
'vendor friends' has been selling the same basic indicators since 1994.....the
core group is identical....only the names are slightly altered.
Maybe some vendors are unknowingly instrumental in getting us to move to a new
area of study?
John
Ron Augustine wrote:
> John,
>
> I had similar experiences to those you describe with "respected" and
> well-known vendors, authors, etc. -- but it was back in the mid '80s. I
> discovered that there are two driving principles that allow these people to
> survive and prosper.
>
> 1. They know that most people may initially get upset but they will
> eventually deal personally with being conned-- They also know that people
> generally don't want anyone else to find out how stupid they were, so they
> won't tell anyone what happened.
>
> 2. Most people will just move on from a bad experience or con-job and not
> bother to seek a refund.
>
> _____________________________________
> At 01:57 PM 5/27/98 -0700, you wrote:
> >I'm relatively new to trading
> >and program writing. When I started about a year ago....I bought several
> >indicators and systems from vendors. So my experience is quite recent.
> You know
> >what I found? The systems and indictors I paid for were mediocre to poor.
> What
> >amazes me is that these highly respected author vendors had some nerve
> hyping and
> >charging for this material.......their books were just the hype for their
> >products.
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