[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Day trading success / second hand review .



PureBytes Links

Trading Reference Links

Ira makes some good points and is obviously in the camp of "buyer beware".
Still I will not say that vendors have no responsibility to be above board
in their dealings and representations. There are a good many ripoff artists
in the "speculative arts". That's at least partly why we are members of Real
Traders. To get a second opinion on these various products.

So lets hear from some of Bills, Bobs, or other vendors users. I'll get
things started with the following.

I write to one person that has gotten Bills manual he's not on the list So I
will represent what he has said to me as well as I can.

The manual is a good beginners guide to day trading the bonds. It gives you
some structure as well as some signals to trade by. It also gives you some
guidance about when to be in and when not to be in the market.

He said it was fairly readable unlike some technical guids that read like a
dictionary. It is quite short on details about when to enter and exit a
trade. Also many of the signals go contrary, leaving you to distrust them.
The cometary from Bill is all hindsight, so it's always right-on. There is
no detail on how Bill actually traded the market that day. The person I know
feels that the manual helped him but he has yet to break even on all that
was involved in doing Bill's thing, although he is closer now. He had one
very good day so far. He has had much trouble with his broker and the order
placing software, to compound the problems. Broker problems are however,
part of trading.

We (he and I) have a joke about Lbub days (lovely bubbly as described by
Bill) which happen about once or twice a week, the other days are usually
hard to trade profitably.

I want to take a moment to comend Bill for stating, "I make no bones about
my status as an ordinary trader." That's all it takes to be forthright with
people, as he has made no claims to the contrary.

Anyone care to go next?

Brent

*****************************************************




>I have seen so much discussion about people selling things and other
>people screaming fraud, spam and show me your bank book.