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Hi Ric,
Yesterday you had written about the merits of being a service provider.
In a private email I had requested your guidance on how to determine when
to provide what service i.e. when to buy and when to sell. I have still not
received your valued advices. Perhaps you would like to enlighten the group
on the practical application of the service provider concept?
Thanks in advance
Rakesh
At 01:58 PM 2/26/02 +0000, you wrote:
>Hi,
>
>As usual, there appears to be more emotion expressed on this group than
>most, particularly on the subject of trading by computers.
>
>As in most areas, it is relatively simple to differentiate those who speak
>from experience and those who speak from emotion. I know the emotional
>probably cannot see this - they are blinded by emotion, but the rest of us
>can.
>
>The emotional:
> - often attack the person not the topic,
> - often use vehemence as a means of denial of personal change,
> - are not in learning mode,
> - "Never let the facts get in the way of a good emote.",
> - rarely let their experience tell, for they have little
> experience they
>value.
>
>In the early 1990's, I made extensive use of 'Neural Ware' software using
>back-propagation and other techniques.
>
>I did not make money with the neural network but I did learn many things -
>from experience:
>
> - I learned how to further reduce my trading losses,
> - I learned about transfer functions including sine waves
> and so
>learned more about cycles.
>
>It seems likely that as I have grown in experience and knowledge and
>trading success, so have neural networks and other computer based trading
>approaches - probably more effectively.
>
>I accept they have improved as a trading tool or even trader replacement as
>I have improved as a trader.
>
>Computer based trading is now probably, for some traders, taking money off
>the usual emotional losers and putting it in the account of those who value
>experience over emotion. The fact that it is not widely advertised says
>nothing about its existence or non-existence.
>
>But the emotional like to get most of the excitement and get to vent their
>anger more - and is this what they call success. This is why they
>repeatedly lose and come back for more - for they get out of the markets
>that which they seek - exercise of emotions.
>
>Speak from experience, not from emotion, and you will learn more. And so
>will everyone else.
>
>Experience or emotion, it is your choice.
>
>But of course the emotional may find this talk of experience enraging and
>so...
>
>Unconditional regards, Ric.
>www.traderscalm.com
>
>
>To unsubscribe from this group, send an email to:
>realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
>Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
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