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Re: FUTR GEN: RR and the TTC / Dali Landscape



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Hi Walt,

I find this spat between you and Rick distressing for several reasons:
First, both of you share a great deal on this forum which is comprised
primarily of beginning traders. They are eager to examine various
approaches to trading and you and Rick must spend hours posting indicators,
observations, trades, etc, for which others in this industry charge
ridiculous amounts of money. Secondly, since I am Rick's broker I have
gotten to know him and I can unequivocally state that he is one of the good
guys. And yes, he does trade his own work, but more importantly, he spends
hours on the phone and in correspondence with his FDATE and TTC customers.
I have been in this industry for 13 years and have seen enough of the
charlatans to be able to recognize one now. No one I have met in this
industry works harder for his customers than Rick. He constantly strives to
improve his services and product. His services are the best bargains out
there! The true test of Rick's work doesn't rest on whether or not you (or
any other single trader) find it useful, but rather whether or not there
are others who do. And believe me, there are.

Lastly, it appears that BOTH of you have something useful to add to those
willing to learn. What's to gain by engaging in silly pettiness?

Regards,

Tom Alexander

----------
> From: Walt Downs <knight@xxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: FUTR GEN: RR and  the TTC  / Dali Landscape
> Date: Wednesday, October 22, 1997 12:13 AM
> 
> Rick,
> 
> As far as my private e-mails go, I will say what I like.
> 
> On this forum, I will confine myself to questions about trading.
> 
> And I will continue to question closely any methodology that can not
> offer practical trading application.
> 
> This isn't a Dali dreamworld Rick. The things all of us RT'ers write
> MUST be tradeable in practical terms.
> 
> You keep talking "time", but at some point, that must also equate to
> money. We are trying to take profits in one of the hardest 
> proffessions in the world, and that is why we are here. To find the
> best ways to do that, in the least amount of time.
> 
> You talked about some of your Hog trades. GREAT. Tell us about it.
> Walk us through the trade from beginning to end. From the first
> formative FDATE, to the entry, to the exit. The why's and
> wherefores.
> 
> You have said that I simply don't understand what you are doing. OK,
> fair enough, maybe I don't. Rick the real mark of a teacher, is the
> ability to convey his concepts in understandable and PRACTICAL 
> terms. SHOW me how you are applying your concepts in actual trading.
> You aren't giving "trading advice", if you simply run through a 
> trade you did using your concepts. You are simply illustrating
> your ideas in real terms. 
> 
> I don't even care if it's a winning trade or not. You might be
> suprised Rick, at how sympathetic I can be when the mouth stops
> talking, and the money starts walking. I KNOW how tough trading is.
> 
> Whatever you post, I promise, I won't criticize it. Fair enough?
> 
> Finally, If you Don't plan to respond in concrete or constructive
> TRADING terms, then don't respond at all.
> 
> Walt Downs
> CIS TRADING