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Re: Indicators, daytrading and commentary advertising



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Steve et al,

Although I agree with most of what you said here, someone living in a glass
house came out throwing stones. The efficacy of either of these traders
methods has not been established, yet they are dispensing their ideas for
pay. That puts them in a situation where they should put up or shut up.

It doesn't matter if you go out and check the moss each morning for dew and
trade successfully by that, but if you start selling others your advise and
you can't make it work for yourself then we have a problem and we should
know that.

So far we haven't heard from either one which suggests to me that they
aren't successful at their own trading. Now Bill's motivation to keep us
from buying a lot of garbage out there is admirable except that he is
selling something too. I have suggested to several traders that wanted to
day trade that they contact Bill for a good starting point.

Poor Bob just had too many people take up his free offer and decided it was
taking too much of his time to do it for free as far as I can tell. I was on
Bob's list but asked to be removed when he decided to charge for it. He
probably has more time now and if he wants to send out his info to RT's
that's very nice of him.

I think both of these guys are good people but they have put themselves into
the commercial realm and are therefore open to critique.

Brent


-----Original Message-----
From: Steve80866@xxxxxxx <Steve80866@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Wednesday, March 17, 1999 9:06 AM
Subject: Re: Indicators, daytrading and commentary advertising


>My turn to spout off:
>
>What beginners don't know is that trading is an art that must be tailored
to
>one's own personality.  It takes years for us to learn this fact
>experientially (even those among us who were psychologically astute and
>thought we could handle it!)  Bill's technique nor Bob's technique will fit
>anyone perfectly except for Bill and Bob.
<snip>