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If you insist on altering the content of what I said it is now your forum.
Good Luck.
----- Original Message -----
From: "Bob Heisler" <bheisler@xxxxxxxxxx>
To: "Tom Bowen" <trbowen@xxxxxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Sunday, June 11, 2000 12:46 PM
Subject: Re: Linda Radish
> Let me see if I understand your position correctly:
>
> If a profitable and successful trader decides to offer training or other
> services to other traders for a fee, this trader becomes less of a trader,
> or in fact is no longer a "trader" at all and should not be respected as
> such...
>
> If a trader is profitable and successful, then it is his/her obligation to
> "freely share" their ideas/methods with other traders...with "freely
> sharing" meaning just out of the goodness of their heart with no fees or
> other charges for their services...
>
> If my understanding is correct, then this is ludicrous and sounds like
it's
> right out of the liberal entitlement playbook. There are many reasons for
a
> successful trader to offer services to other traders - desire to help
> others, desire to derive additional income for their expertise, or
possibly
> most important is the fact that teaching can improve your own trading.
And
> fortunately for me there are a few traders who do just this.
>
> I realize there are many charlatans who couldn't trade their way out of a
> shoe box who offer worthless services, but to paint everyone with the same
> brush is as ludicrous as the above mentioned position you took on this
> topic.
>
> As for your other stated reasons which claim that doing both intraday is
> logistically impossible, I once again beg to differ. Unless you are
trying
> to follow 1000 stocks or every futures market there is, I see no problem
as
> far as time is concerned. I trade the indexes primarily and do my
homework
> each night and then trade the price action each day. No further time is
> required for "market analysis/research, trading plan
> >development/enhancement, risk reward analysis, money/account management,
> >personal trading system development/enhancement, trade entry/exit, stop
> >analysis/placement, chart analysis and related activities".
>
> You do have a valid point as far as order entry is concerned, but there
are
> ways to deal with this issue as well.
>
> I will close by saying that just because I can't do something, it doesn't
> mean that someone else cannot. Unless you happen to be Michael Jordan,
> Michael Shumacher, Pete Sampras, etc., there will always be numerous
people
> who are better than you at whatever it is you are trying to do. And if
one
> of those accomplished people is willing to share their ideas or
experience,
> for free or for a FEE, I am all ears.
>
> Bob
>
>
> -----Original Message-----
> From: Tom Bowen <trbowen@xxxxxxxxxxxxxx>
> To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
> Date: Saturday, June 10, 2000 9:00 PM
> Subject: Re: Linda Radish
>
>
> >I strongly agree with Paul's comments. It makes one wonder where these
> >people, who claim to be professional traders, find the time to indulge in
> >these extraneous activities. As a professional trader my time is totally
> >reserved for and consumed by market analysis/research, trading plan
> >development/enhancement, risk reward analysis, money/account management,
> >personal trading system development/enhancement, trade entry/exit, stop
> >analysis/placement, chart analysis and related activities that will
enhance
> >my abilities/skills in trading the markets.
> >
> >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. Life
> >offers us the opportunity to achieve above average excellence in one
> >profession at a time. Those of us who consider ourselves to be
> professional
> >traders reserve the right to withhold our participation in the activities
> of
> >non-professional traders. We must exercise that right and ignore the
> >unprofessional behavior of those who wish to extract their profits from
the
> >labors of honest hard working professional traders.
> >
> >Omega-list is supposed to be a platform for professional traders to
freely
> >exchange trading information, ideas and concepts with other professional
> >traders and to freely assist new folks entering the trading arena. It
> would
> >be greatly appreciated if the folks indulging in non-trading professions
> >would restrict their activities to non-trading platforms. You would not
> use
> >the family automobile to transport large appliances great distances so
> >please do not use our professional trading communications platforms to
> >advertise your non-trading activities.
> >
> >----- Original Message -----
> >From: "Paul Newton" <paluap@xxxxxxxxxxx>
> >To: <omega-list@xxxxxxxxxx>
> >Sent: Saturday, June 10, 2000 7:11 PM
> >Subject: Linda Radish
> >
> >
> >> I have a feeling that Linda and her buddy are good traders, but I have
> >never
> >> understood how they can watch a bunch of markets, keep their chat stuff
> >> alive, and manage orders at the same time. Makes me feel inadequate I
> >guess.
> >> The thing that gets me is the number of people who show up for the once
a
> >> month free chat (there I have advertised for them!). We are talking
> >> hundreds, of which a few will subscribe...........yes the chat income
has
> >to
> >> be a big, and nice, consideration for them. I too have noticed some
> >> discrepancies between their monitoring of the "news" and its effect on
> the
> >> market, and that makes me wonder how much trading is going on vs. chat
> >list
> >> maintenance.
> >>
> >>
> >>
> >>
> >>
> >
>
>
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