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I can state from personal knowledge that it is not
worth a couple of hundred a month to write a news letter. After I retired
I wrote a news letter for some professional traders, market makers and fund
traders, at their request. What I thought would be a part time amusement
became a full time job. The more they got the more they wanted. The calls
were accurate, detailed and to the point. If any change occurred, the
parties were emailed. Then I said to myself, I just retired and now
I am working harder then I ever did as a market maker for substantially less
money. I closed down the letter after one year. $100 a month is
cheap if information is accurate. You can make 10 times that on one
trade. $100 is excessive if the information doesn't produce any
profits. The lack of profits could be the traders fault as well as
the newsletters. If you can trade, it is a lot easier way to make a
living. If you can't trade and you can market, try a news letter.
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Bob Heisler
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, October 12, 2002 8:34
AM
Subject: Re: [RT] does anyone Know (chat
room quest.)
Hi Todd,
That's certainly one way to look at it, and if
you ran a pure signal-only service that would be a viable model. It's
not as easy or simple in real life as it appears though.
I'm more in the "teach a person to fish, feed
them for life" camp though versus some form of
welfare. You also have security issues with this approach
since you have no idea where your signals are actually going. And there
are other ways to do something like that which do not have the security issues
and would also allow you to more fully participate. Or you could simply
increase the size you trade by 1-2 ES contracts and accomplish the same thing
with no headaches or other responsibilities.
Bob
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Todd
Horton
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Friday, October 11, 2002 10:55
PM
Subject: Re: [RT] does anyone Know
(chat room quest.)
>>>>If you're looking for a
signal service that feeds you trades I think your journey towards this goal
is going to be a very long and unfulfilling one. I can only speak for
myself, but I've worked unbelievably hard to gain the expertise and
experience that I have, and if you think I'm going to charge a couple
hundred bucks a month and feed people trades, well, you're nuts.
thank you for the comments, do you really feel the above is
true whenyou can multiply your couple hundred times x number of
internetpeople? And when your just telling people to do what your
sittingthere doing anyway with them or without them? Not
that I am goinginto the business, I just
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