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I've found that most indicators/systems are simply either one or a combination
of stochastics, momentum of various indicators, RSI, MACD, std. dev, fibinacci
numbers/ratios, or even just varied length moving averages. All freely
available.
The difference is if you spend 3K+ on something, you'll swear that it's better
-- and who knows, maybe you'll even follow the signals too!
Every time I get junk mail about some new indicator/system/"you can't lose"
method, the old saying comes to mind: "If it really was this good, why are they
selling it?"
Maybe I'm crazy, but it would seem alot more profitable and easier to avoid all
of the tech support, new version bells and whistles, marketing, advertising,
trade show appearances, etc, and just kick back and trade this system from a
beach on Tahiti.
The bottom line is that the product is more profitable when it's being sold!
-- Roy
Bill Wynne wrote:
> >From: "Sean O'Toole" <sean@xxxxxxxxxxxxxxxxxxxx>
> >To: "JCS / NC" <efocus@xxxxxxxxxxx>, <omega-list@xxxxxxxxxx>
> >Subject: RE: News for : ASC Trend 3.03 crack (or dll) needed
> >Date: Tue, 6 Feb 2001 22:17:16 -0600
>
> >Come on... They have enough money to buy Tradestation, pay for a datafeed,
> >and fund a trading account but they cannot afford this add-on? Something
> >is wrong with this picture.
>
> I hear the price is near 7K.
> I am totally against any form of piracy, but OTOH I wouldn't pay 7K for MACD
> paintbars and Highest High / Lowest Low show me's. Not to say that is what
> it is, I really wouldn't know.
>
> >If this is such a good add-on then why begrudge the programmer his due?
>
> I agree.
>
> >Its people that give the stuff
> >away that keep the costs up for the rest of us.
>
> Or maybe they just figure the more they charge the better
> folks will think it is. I mean, no one would charge/pay 7K for a MACD,
> right? It must be much more than a simple public indicator if you charge 7K
> for it. Remember the "Delta Secret?" Wasn't that 35K?
>
> BW
>
> >
> >Sean
> >
> >
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