|
PureBytes Links
Trading Reference Links
|
if you dont like it, DELETE it! Half the crap and arguments and fighting on
this forum go that way on my computer! You must have too much time on your
hands to let it bother you that much!
----- Original Message -----
From: Alexander Levitin <alevitin@xxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, December 30, 1999 2:33 AM
Subject: [RT] Open letter to Dr. John Cappello
> Dear John,
>
> I would like to understand the benefits of your posting that predicts
> parameters for the tomorrow trading. The reason I write that letter
> "public" is that I am addressing the purpose of our forum "Real Traders"
> and would like to learn the opinion of others.
>
> In my understanding our forum should make the life of the real trader (one
> who is trying to make money trading) easier and better. Easier by
informing
> us about trading related issues that other wise would require more time
for
> research. And better by sharing experiences, understanding of trading
> methodology and discussing trading "theories". That may draw our attention
> to the new research field and inspire us to proceed with it. Another very
> important "function" is that our forum could offer "moral support" to the
> trader in need, be it being on the wrong side of the market or keeping
> someone from stepping into it.
>
> Back to the posting what SPX may do tomorrow. Let suppose that your
> prediction are accurate 100% (just for the discussion). So what I suppose
> to do?
>
> 1. To follow your signals and make money. That would be very noble of you.
> But I could not do it. Not knowing how you obtained your projection I can
> not incorporate them into my trading. So it would be more appropriate to
> post your projections on your web site. Then those of us (who are more
> advanced then I am) could follow the prediction without understanding what
> they are based on.
>
> 2. You are showing to the world that "holy grail" exist and I should not
> loose the hope to find it too. Looking at your predictions I should get
> inspired to continue my own research until I would find the methodology
> that is almost as good as yours. That is too very noble of you. But even
in
> this case, it may be sufficient to post projections on your web site and
> just inform us (let say monthly or quarterly) how accurate are your
> projections.
>
> The reason I recommend to keep that list "free" of the daily projection is
> my understanding (or misunderstanding) for the purpose of this list. Could
> you imagine that I will post my projection of tomorrow market actions (and
> belive me I do have a few of those)? What would happened if everyone would
> post his (her) opinion on this list? Is that we would like our Real
Traders
> forum to be?
>
> My best wishes to you in your life, trading and research.
>
> Very truly yours,
>
> Alex.
>
>
|