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I don't care where the methods came from or anything about anyone's
biography, if the methods work. Best thing to do is apply those methods to
the markets you watch. The Ross methods do work in the markets I follow. His
later books (TNT series) were co-written with someone else and are very clear
and easy to follow, not to mention cheaper. They are geared to the stock
market.
In a message dated 9/18/99 8:40:50 AM Pacific Daylight Time,
rossrk@xxxxxxxxxxxxxx writes:
> To all on the list that have been posting and reading about the Ross Hook,
> may I offer my opinions (they're only opinions, but at least they are all
> mine learned from the school of hard knocks).
>
> Many traders start out by reading and/or following many different authors.
> Joe Ross was one I started with. Joe's writings are not easy for me to
> follow... Joe is dyslexic and writing is not his forte.
>
> Early on, I got several items from him (Optures and Futions, Trading the
> Ross Hook, Tapes and manual on placing orders). All of these are available
> for very cheap prices compared to what I paid for them.
>
> I now consider Joe Ross to be a sly scamster making his money off of books
> and any other publications or seminars that he can push on to the public.
> His biography is quite open to question. He claims that he is selling
> trading methods that were handed down through his family. More than one
> source has called his biography and claims in question.
>
> If you can or have made money by following his methods, then I wish you the
> best now and in the future. I personally do not believe that Joe Ross
could
> profitably manage money for an extended period. To my knowledge, he has
> never revealed his trading successes or failures. And when asked to show
> his record, he has gotten irate and refused (reference: Club 3000
> newsletter).
>
> I don't agree that every method developer, analyst or whatever needs to
have
> a profitable trading record to make valuable contributions to real traders.
> However, when a person DOES claim that he has been "highly successful"
using
> his methods, then that person should be willing to back up his claim with
> documentation. Joe Ross will not do this.
>
> Disclaimer: No relation with Joe Ross other than I consider myself a
fleeced
> lamb that has grown into ram.
>
>
> Ross Kovacs
>
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