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Phil,
I've must have been missing those post, talk about all the $$ they're making.
But people on this list do give, just many take and don't give back anything.
With about 1000 members, only ~20 people post on a regular basis.
I could also understand folks, not wanting to give away their system, for it
took them lots of time and money, to develop. Can't blame them, can you?
One trick I learned while reading about futures traders, the floor traders would
send people out to libraries to look at newsletters, then report back to the
floor trader and inform him on where stops are or when they are taken a
position. With the internet, its a lot faster. I don't trade futures, but the
same happens with stocks.
And Yes, I was WRONG on a major CIT , I said March 15 would start a downward
trend. Everyone bought. I wasn't short because I wait for things to happen.
But still , I was wrong.
TradeWell,
Joe Frabosilio
Phil Lane wrote:
> several people have come on here lately talking about all the $$ they're
> making - but of course they won't share their system or anything - so what's
> the point????????
>
> And by the way, once, just once I'd like to hear about somebody being WRONG
> on something.
>
> respectfully,
> phil
>
> p.s. don't ask about yesterday's daytrading attempt! Evidently there are
> thousands of people watching this thing and probably there were several
> hundred stop orders all at the same prices. So on a directionless day like
> yesterday it's a sitting duck. I guess I was aware of this but did not fully
> appreciate the implications! Live (survive) and learn...
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