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In a message dated 7/18/99 7:18:46 AM Pacific Daylight Time, phoon@xxxxxxx
writes:
> I would urge you to completely reconsider the idea of selling systems,
> and instead direct your energies to the free exchange of trading ideas
> on this list, Markbrown's code list, and traderclub.com, etc. You do
> not have to divulge a complete trading system, but you can share bits
> and pieces of your ideas with other extremely sophisticated traders,
> coders and thinkers. Yes, you will have to give up some of your ideas.
I agree with most of what you say, but if you've built a better mousetrap
(and you happen to have a warehouse filled with them), and people want to buy
them...why not sell them? Indeed, I've given systems to clients to use as
they wish. They feel it has saved them money compared to what they bought
commercially and relative to their own discretionary performance. If you sell
something to an inexperienced trader, and it helps him make money, or even
just survive a little longer, is that bad?
I've been happily sharing ideas and code for years. I find it ironic that a
prominent member of the list told me just the opposite as you: don't give out
your best ideas. Keep them to yourself.
You mention Mark Brown. Doesn't Mark Brown himself SELL (that evil word)
trading tools? http://markbrown.com/
Thanks for the input, and I do plan on sharing with the lists you mention.
Bill Wynne
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