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Brian,
You're obviously not a discretionary daytrader working on 5 min. bars, so
you can be excused for insisting on real time results.
As a daytrader (S&P, not Bonds), using methods not unlike Bill Eykyn's, I
can attest to the difficulty in providing real time signals. Based upon
what I have seen from the various gif's posted by him, his is not a system
like those sold by most of the vendors that lurk within this list, but a
method that involves some degree of subjectivity and is near to impossible
to computerize. Like mine, his method of trading would involve reacting
instantly to a particular price action, be it a trendline break, pattern
breakout, double bottom, whatever. Likely, the next 5 to 30 minutes would
be spent managing the trade in an extremely intense fashion, involving
input from a number of sources, including measured objectives, support and
resistance areas, elapsed time, risk to reward ratios, fear and greed.
All of the above leads me to believe that no one, trading the way that he
does, has the time to post real time results. And posting those results a
few minutes after the start of the trade, even if he had the time, would
likely bring a deluge of accusations of fraud and manipulation from some of
the knee-jerkers on this list (present company excepted)!
If you want to hang the man, do so for his alleged spamming, not for his
lack of real time results.
No affiliation, etc.........
Andrew Nopper
-----Original Message-----
From: Brian Massey [SMTP:bnm03@xxxxxxx]
Sent: Thursday, November 12, 1998 1:33 AM
To: List, Omega
Subject: RE: Spammers Taking Over Omega List
...snip...
The Bill Elkyn incident is a perfect example. He has posted for months
about his prfitable approach to bond trading yet when invited to post real
time results to prove the effectiveness of his methods, he has yet to
accept. How reliable can his method be if he is unwilling to demonstrate
to others the effectivenes of his approach?
...snip...
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