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When you say that many take and return nothing, that may be.
Or, as in my case, some people may not have the time to read all the
posts and so I'm only now responding to a post from 2 weeks ago.
When a RT message comes out, my filter sends the messages to a R/T
folder. This folder has 1245 messages in it. A month or so back we were
getting multiple posts off the listserver, so triples and quadruple
posts were coming in. Those are gone now, yet my folder has 1245 posts,
mostly from the last two weeks.
It may be that some glean info and give nothing back; it also may be
that there are so many posts that it's not practical to keep up.
I keep the "membership" because I like to read but I'm certainly not
trying to take without giving back. If I had something I would tell but
I'm one of those undercapitalized daytraders, so by the time I mentioned
it the trade would be over.
Just kidding, I happened to just finish off the string of messages on daytrading.
---Slevin
Joe Frabosilio wrote:
>
> 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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