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It would be unfortunate in my opinion if many of the experienced traders on
this list were to leave.
I understand some have been vexed by the knee jerk reaction of the moderator.
Certainly some of the actions taken have not been moderate. However, as I am
constantly trying to get across to my management staff, "it's not what you
say it's how you say it."
Challenge what appears to be bogus claims, off the cuff statistics, vague
statements etc.--absolutely!
But it's the way these challenges are being expressed which some find
objectionable.
I know first hand because many find Delta a bunch of hogwash. But even after
I make a number of accurate projections, it's still hogwash. And g-d forbid
should I make an error in judgment or interpretation, that simply justifies
their position even more.
I don't recall who, or is it whom, but I was asked for some statistical
correlation of the Delta points. I posted them showing I believe a 79%
statistical correlation between the projected dates and actual turning
points. I never received any feedback regarding my analysis which anyone
could have verified that saved a chart I have posted?
I was not insulted by the challenge. I embraced it. I think it was healthy
for the list. It was good for me also. I have not gone through that excersize
in years and fortunately I was pleased with the results. But what ever
happened to the response to mine?
There are dozens of methodologies to analyze the markets. Each contributing
member on this list should be scrutinized, but dispassionately. Not by
stating or implying that their methodology is BS, but simply though query,
and done so appropriately.
If the end result is that you still disagree with their methodology and
analysis then so be it. Even if you show their methodology, application or
skill is not as accurate as yours. But don't criticize if you're not going to
teach. Do not state one's methodology is BS unless you offer to teach your
own. Don't belittle someone's efforts and then sit back with pompous
arrogance (not that anyone is doing this) exuding the air that your system is
better than theirs and you proved it in front of everyone.
I work with and manage about 200 adults....a term I use loosely. It never
ceases to amaze me how many adults display the same type of behavior as does
my 4 year old daughter. As a matter of fact, I wouldn't even make the
comparison to my 4 year old daughter. That's not fair to her.
She displays curiosity without criticism. If she doesn't understand
something, then I did not do my job properly to clarify and put in terms that
she can relate to. She does not tell her friends that her toys are better
than theirs. At 4 she understands her toys are different from her friends.
Different toys provide different types of entertainment and purpose. They're
not better or worse, they're just different.
But many covet their trading systems as they covet their religion.
Many have stated that they're trying to protect those less experienced and
that is a fine endeavour. But let's accomplish that task through the process
of query, and required proof. Not through criticism.
But in my opinion from what I have seen, many criticisms are from those who
have web sites and quietly try to promote their methodology. Gee, what's
their motivation. If there was none, then why would they put the address to
their site at the bottom of their posts. Don't get me wrong, I'm not against
that, but let's call it what it is.
Can't we all play together?
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