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-----Original Message-----
From: charles meyer <chmeyer@xxxxxxxx>
To: tj <tradejacker@xxxxxxxxx>
Date: Wednesday, June 02, 1999 6:16 PM
Subject: Re: Advanced Get
>TJ:
>
>Thanks for your words of wisdom. Can I infer that to the list with
>Golden Box and Advanced Get we can add Fibonacci Trader,
>Dynamic Trader, Nature's Pulse and Pattern Smasher? Regards
>the idea of a 'vendor that promises turning points in advance' I am
>awfully curious to know how often these different software packages,
>which I assume use different calculation methodologies, agree as
>to a future price and time for a turning point. If not, how would one
>know which program to believe at any given time. That is to say, if each
is
>giving a different answer which is to be believed? I wonder if anyone has
>done any comparative analysis of which one, if any, does
>the better job of 'working consistetly'? Perhaps you have already
>answered the question and here I am thinking 'say it ain't so tj',
>'say it aint's so'..............
>
>Charles
>
>
>
>-----Original Message-----
>From: tj <tradejacker@xxxxxxxxx>
>To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
>Date: Wednesday, June 02, 1999 4:32 PM
>Subject: Re: Advanced Get
>
>
>>nothing you might buy from a vendor that promises turning points in
>>advance (ala golden box and compass :))and riches beyond the dreams of
>>advarice. the only stuff that works "consistently" is the stuff you
>>figure out for yourself. the rest are empty promises and busted dreams.
>>
>>if i were starting out now as a day trader, i'd get a cheap quote
>>system (quote.com), pick a couple of markets that i'd like to trade,
>>and study them tick by tick for 6 months before placing a single trade.
>>
>>forget system vendors, forget seminars, forget website services, forget
>>newsletters, forget ts, forget books (except for one); forget all this
>>stuff, it gets in the way of the learning process. the only book i'd
>>read during this time of exploration and discovery is perry kaufman's
>>"trading systems and methods", a good one for either a discretionary or
>>system trader.
>>
>>once you get a feel for the markets, then develop some simple trading
>>methods if you want to trade with discretion or some simple systems if
>>you have a systematic bent. this is critical, no two traders are alike,
>>the trading system/methodology needs to be tailor made for your own
>>psychology. i've seen many eod traders blow out trying to day trade,
>>and vice versa.
>>
>>the point is that you've got to work yer friggin ass off to
>>consistently take money out of the markets. this shit called trading
>>ain't easy. if it were, then anyone could throw a wad of money at the
>>indicator/system de jour, and get filthy rich. like aberration :)) it's
>>best in the long run to develop your own stuff. then you'll have the
>>confidence to trade it thru thick and thin, richer or poorer, til debt
>>do us part :))
>>
>>the truth is most people are lazy. they approach the markets like a
>>crap shoot rather than a business. that gambler mentality kills most
>>day traders. they have no plan, so they're here in the morning, and
>>gone in the afternoon:)) the pit boyz eat these guys for lunch. most
>>would get fired if they worked as little in their jobs as they do in
>>trying to learn the markets.
>>
>>TJ
>>
>>oh yeah, the "golden" freebies won't last for long; these guys ain't in
>>it for the trading, but for selling
>>
>>--- Dick Webb wrote:
>>> I've never sent these goldenbox folks a nickel.
>>> Nor have they ever asked for money. Since you have 20
>>> years of experience perhaps you could share your
>>> wisdom as to what really works.
>>
>
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