[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: LBR



PureBytes Links

Trading Reference Links



Thats total B.S. P

Robert





At 11:00 AM 6/11/00 -0700, pedro alianzo wrote:
>Tom was very clear: if you have a profession aside from trading you are 
>not a pro trader. If you are not a pro trader you should not post to the 
>list. I guess that would include stock brokers Bob.
>
>P
>
>
>>From: robert.cummings@xxxxxxxxxxxxxxxx
>>To: editorial@xxxxxxxxxxxxx
>>CC: "Tom Bowen" <trbowen@xxxxxxxxxxxxxx>, Omega List <omega-list@xxxxxxxxxx>
>>Subject: Re: LBR
>>Date: Sun, 11 Jun 2000 12:09:14 -0500
>>
>>
>>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...
>>> > >
>>> > >
>>> >




  • References: