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Hi,
I compleatly understand your position. However, as a contrasting point of
view, I figure that when I ask dumb questions or make a fool of myself on
the forum I have a greater chance of learning something than if I keep it to
myself. Sure there are a few people out there that don't know me and that I
will probably never meet that think I'm a fool. Big deal.
To me, I would be the greater fool if I were afraid to ask or risk the
embarsement of saying what I think. Better to be a fool on the forum than in
the market:-)
Prosper
> In response to to the stated perception about those who may be taking and
> giving nothing back, I can only say that I don't feel I have much to
> contribute to any discussion about trading. My limited experience is only
> useful to those just starting out, and would only parrot what is said by
> those with decades of experience in their warnings to newer traders. As is
> the case with this post, anything I have to offer would only serve to take
> up bandwidth.
>
> If someone has a request for specific info, I reply privately if I feel I
> can help them out. It's not my intention to be a leech - but I'm still
> struggling with applying the basics of self-discipline and methodology to
my
> own trading. What can someone like myself offer in return to the regulars
> here whose posts I print and save as a base of reference? I too am an
> under-funded daytrader, and I don't manage to even come close to following
> the rules I pass on to the people who ask me about trading. I may be
> improving, but I still have too far to go to be able to post anything of
> real value or interest to those like Poser, Karnish, Phair, Ira, Earl,
Ben,
> or Winski.
>
> There are many others I haven't named whose posts have been very helpful
to
> me, and I hope they don't feel slighted because I don't mean to ignore
> them. It's obvious to anyone on this list which folks have the trading
> experience to back them up - even if they disagree on certain points of
> methodology or price targets or seem to be a bit cocky occasionally, it's
> worth paying attention to their points simply because of their experience.
I
> hope they all continue to post, because I believe it's helping me to
shorten
> the time it takes to get through the learning process. That may be
selfish,
> but when I do finally get to the point of complete confidence in my
approach
> to trading, it'll be my turn to give - and I'll be happy to do what I can.
> Until then, best for me to not embarass myself too frequently by proving
> that I'm a fool!
>
> Have a good weekend all,
>
> DC
>
> ----- Original Message -----
> From: Patrick Slevin <pslevin@xxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Cc: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Thursday, April 06, 2000 10:59 PM
> Subject: [RT] Re: minor complaint
>
>
> > 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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