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Hello ,
Recently on another Trading List Trading_Systems@xxxxxxxxxxxxxxx
a few people were making some assumptions about markets and systems. I
figured this was applicable here as well since this list has been
frequented by some of these people. Especially Larry Williams.
I have a few assumptions of my own. One is what's out there and
generally touted as a good trading ideas are in fact not.
The Guru's who hold live trading demonstrations and share their
profits with you are a scam cause if they loose they will send you
some money in the mail and tell you that they kept trading and got it
all back afterwards. In fact what they did was just to give you some
of your own 5000.00 back that you paid them.
That systems like CatScam and Abortion were specifically targeted to
weak minded people looking for a short cut. When in fact it would
take me or anyone I know who knows about systems longer to un educate
and explain why things fail then to lay out what works and why. It's
like an unspoken understanding amongst a small peer group, in which a
look at each other can say "This thing is Junk" they have no clue.
So if I were to start all over gain I would belive nothing and start
fresh and assume that anything known was something I would not pursue.
At the very least if it has a cost applied to it forget it. I have
made a very powerful statement here. I was once told by a guy I
respect that he heard a guy who I do not respect say. The value of a
system is directly inverse of it's cost. Supposedly that statement
was made by John Hill of Futures Truth. Go figure.
So you can thank me for eliminating at least 90 percent of you wasted
time looking for a good trading method, Right?
--
Best regards,
Mark mailto:markbrown@xxxxxxxxxxxxx
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