|
PureBytes Links
Trading Reference Links
|
Optimal word here is professional. One of many definitions of the word
professional but fits this discussion or debate. PROFESSIONAL:
participating for gain or livelihood in an activity or field of endeavor
often engaged in by amateurs. Other than that I think we all on this list
understand both positions made by Tom and OM.
Robert
At 12:43 PM 6/11/00 -0400, editorial@xxxxxxxxxxxxx wrote:
>Sorry, Charlie... You said that LBR was not a trader, that she had taken
>on another profession, by virtue of the fact that she charged for access
>to her chat service. That is ridiculous on a variety of counts. Most
>ridiculous is the assertion that by charging a fee for her services she
>somehow becomes less of a "trader". What I am suggesting is that by
>charging a fee for her services she becomes *more* of a trader. The only
>thing that would stop her from being a trader is doing what you
>suggest: "freely exchanging information".
>
>Let me be very clear: By definition, traders do not give their labor
>except in exchange for material values.
>
>
>The Omega Man
>
>
>
>
> ---- you wrote:
> > You misinterpreted my comment.
> > If you reread my comment included below you will notice that I did not say
> > "give" relative to anything. What I said was "freely exchange information
> > about trading". This means that all involved learn something of value.
> > Expand your horizons and realize that everything of value is not monetary.
> > An exchange of information is a win/win situation for all in that it means
> > all parties are freely conversing and sharing their knowledge. Those of us
> > who are able to capture profits from the markets on a regular basis should
> > be willing to "freely exchange" our knowledge and techniques with others.
> > Mature professionals in our society do not expect to be compensated
> > monetarily for every act they perform. You may find that helping someone
> > else without the expectancy of reward is a very rewarding act in and of
> > itself.
> >
> > ----- Original Message -----
> > From: <editorial@xxxxxxxxxxxxx>
> > To: "Omega List" <omega-list@xxxxxxxxxx>
> > Sent: Saturday, June 10, 2000 10:25 PM
> > Subject: Re: LBR
> >
> >
> > >
> > > By definition, one who gives his work for free is not a trader. A trader
> > gives value for value - neither giving nor receiving anything for free.
> > >
> > >
> > > The Omega Man
> > >
> > >
> > >
> > >
> > > ---- Tom wrote:
> > >
> > > > ... We should reserve our respect for traders who make their profits
> > from
> > > > trading the markets and who are willing to freely exchange information
> > about
> > > > trading with other traders regardless of the platform involved. If
> > someone
> > > > wants to be a chat room administrator, list administrator, newsletter
> > writer
> > > > or whatever and charge a fee for that service then, by definition, that
> > is
> > > > their chosen profession. If they have chosen an alternate profession
> > other
> > > > than trading they should not profess to be professional traders...
> > >
> > >
> >
|