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Group:
I sent this in response to an e-mail from a friend who alerted me
that Dr. Elder and a 'Bill' will be doing a seminar from June 5-12
in Cancun. This Bill is supposed to be considered the finest
TS programmer in the Northeast.
Charles
-Subject: ELDER ETC. ON SYSTEMS
>
>Some interesting afterthoughts on this idea to wit: "Method traders
>often use advanced software and ask Bill to help them design the
>best combination of indicators for their buy and sell signals, or
>develop better money management rules for their accounts."
>Now, I would think that it is the TRADERS who are bringing the
>CUSTOM PROPRIETARY INDICATORS to Bill. It is not Bill who
>is bringing this info to the table.
>
>Now listen to this: "Bill promises to bring his computer to our Camp
>and program those systems that CAMPERS want to discuss in
>class. He'll test their profitabliity, and discuss their strengths and
>weaknesses the following morning, helping us all learn the do's and
>don't of system design."
>
>Now, Charlie, looks to me like he is going to be showing all these
>campers everything that DOESN'T WORK. If he or Elder had the
>right combo of information they wouldn't be doing a camp. Looks
>like the campers better be careful just what's in those woods! This
>dovetails with my ideas I had about paying a solution provider for
>the very best of ideas. It either wouldn't be for sale because of
>something he had signed promising not to ever reveal the code or
the solution provider would be trading the ideas.
>
>Reminds me of my favorite saying by someone on one of the
>discussion lists: "Those who know don't tell and those who tell
>don't know.
>
>Regards,
>Chas
>
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