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:Can anyone tell me why when anyone gets close to mentioning a method or
:market view he gets dumped on?
That's not always the case. It's when a vendor tries to slide underneath the
door (closed to prevent spamming) and try subtlely to advertise his/her
methods that some of us find objectionable. Some of the stuff they peddle
are not that good anyway. And most of them are not the smartest people or
market saavy people to begin with.
See the previous post comaring Phil Lane's system with TD_Sequential. And
sometimes some of these people steal ideas released on this list for free
and sell them as their own (and this is something I don't want to get into,
again. I'm not accusing Tom Demark of doing this because this is something
he would not do. Besides, his ideas are just too weird so it has to be his.
But there are others out there who shall be nameless who do.).
:What is the point? Are we all too smart for that stuff for beginners?
If you want to spend $3-5K for systems that will eventually destroy your
bank account, go ahead. Better yet, send that money to me and I'll send you
a simple MACD system or Stochastic with my initials on it and not give
credit to Gerald Appel or George Lane (originators of these
indicators/systems, respectively).;-) This is what some of these people do.
The only original stuff that I've seen that is not rehashed but quite
revolutionary is Mark Jurik's AMA and CFB. Those might just be worth buying.
What you have to do is develop your own stuff, fitted to suit your tolerance
for risk and based on your concepts of trading. Once in a while, people on
this list who feel generous will release a idea that is a diamond in the
rough where you'll have to do some facing in order to get at the core.
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