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It's really simple.
The reason is account size!
If a system writer has $100,000 to trade with then sure
they don't need to sell their system or set up a trading
fund using it etc. But, those who don't have 100K trading
accounts to start, well, another source of income is needed
till the account size is large enough to support one.
Either that or marry well :)
ta
--- Don Roos <rosewood@xxxxxxxxxxxx> wrote:
> Sylvia:
>
> Why would you compromise your system for the goal of
> testing it. You can
> easily do that yourself or hire an individual you can
> trust. So I assume
> there must be another goal related to publicity. And
> that goes to the heart
> of why most experienced traders consider systems that are
> being sold for
> profit as snake oil: if someone has such a good system,
> the thinking goes,
> why would you compromise it so that you can sell it to
> inexperienced traders
> rather than trade it yourself. One would expect the
> profits can be much
> better if you trade it yourself over a longer period
> rather than a short
> period of snake oil sales. Thus, I will continue to be
> very suspicious of
> systems sold for profit. Similarly indicators. So if
> you have something
> that good, why not keep it that way?
>
> Don
>
>
> ----- Original Message -----
> From: "William Brower" <1000mileman@xxxxxxxxxxxxxx>
> To: "Sylvain Bergfeld" <zfrench@xxxxxxxxxxxxx>;
> <omega-list@xxxxxxxxxx>
> Sent: Wednesday, March 28, 2001 7:40 AM
> Subject: Re: ELA files
>
>
> You will need to disclose the rules so they can program
> it into
> Excaliber. They may also add it to their portfolio of
> systems that they
> will trade when managing money. You will not get
> anything from them if
> they do.
>
> At 09:08 AM 3/27/01 -0500, you wrote:
>
> >Hello,
> >I would like to submit my system for independent testing
> with Futuretruth.
> >
> >I have 2 questions:
> > a.. Does anybody have an opinion about Futuretruth
> and would you
> recommend
> >another service?
> > b.. How safe is it to send my system in the ELA
> format (is it possible
> for
> >them to open it and see my formula)?
> >
> >Thank you,
> >Sylvain Bergfeld
> >www.alterama.com
>
> Bill Brower
> Email: 1000mileman@xxxxxxxxxxxxxx
> Web Site: insideedge.net
>
>
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