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Tom was very clear: if you have a profession aside from trading you are not
a pro trader. If you are not a pro trader you should not post to the list. I
guess that would include stock brokers Bob.
P
>From: robert.cummings@xxxxxxxxxxxxxxxx
>To: editorial@xxxxxxxxxxxxx
>CC: "Tom Bowen" <trbowen@xxxxxxxxxxxxxx>, Omega List
><omega-list@xxxxxxxxxx>
>Subject: Re: LBR
>Date: Sun, 11 Jun 2000 12:09:14 -0500
>
>
>Optimal word here is professional. One of many definitions of the word
>professional but fits this discussion or debate. PROFESSIONAL:
>participating for gain or livelihood in an activity or field of endeavor
>often engaged in by amateurs. Other than that I think we all on this list
>understand both positions made by Tom and OM.
>
>Robert
>
>
>
>
>
>
>At 12:43 PM 6/11/00 -0400, editorial@xxxxxxxxxxxxx wrote:
>
>>Sorry, Charlie... You said that LBR was not a trader, that she had taken
>>on another profession, by virtue of the fact that she charged for access
>>to her chat service. That is ridiculous on a variety of counts. Most
>>ridiculous is the assertion that by charging a fee for her services she
>>somehow becomes less of a "trader". What I am suggesting is that by
>>charging a fee for her services she becomes *more* of a trader. The only
>>thing that would stop her from being a trader is doing what you
>>suggest: "freely exchanging information".
>>
>>Let me be very clear: By definition, traders do not give their labor
>>except in exchange for material values.
>>
>>
>>The Omega Man
>>
>>
>>
>>
>> ---- you wrote:
>> > You misinterpreted my comment.
>> > If you reread my comment included below you will notice that I did not
>>say
>> > "give" relative to anything. What I said was "freely exchange
>>information
>> > about trading". This means that all involved learn something of value.
>> > Expand your horizons and realize that everything of value is not
>>monetary.
>> > An exchange of information is a win/win situation for all in that it
>>means
>> > all parties are freely conversing and sharing their knowledge. Those
>>of us
>> > who are able to capture profits from the markets on a regular basis
>>should
>> > be willing to "freely exchange" our knowledge and techniques with
>>others.
>> > Mature professionals in our society do not expect to be compensated
>> > monetarily for every act they perform. You may find that helping
>>someone
>> > else without the expectancy of reward is a very rewarding act in and of
>> > itself.
>> >
>> > ----- Original Message -----
>> > From: <editorial@xxxxxxxxxxxxx>
>> > To: "Omega List" <omega-list@xxxxxxxxxx>
>> > Sent: Saturday, June 10, 2000 10:25 PM
>> > Subject: Re: LBR
>> >
>> >
>> > >
>> > > By definition, one who gives his work for free is not a trader. A
>>trader
>> > gives value for value - neither giving nor receiving anything for free.
>> > >
>> > >
>> > > The Omega Man
>> > >
>> > >
>> > >
>> > >
>> > > ---- Tom wrote:
>> > >
>> > > > ... We should reserve our respect for traders who make their
>>profits
>> > from
>> > > > trading the markets and who are willing to freely exchange
>>information
>> > about
>> > > > trading with other traders regardless of the platform involved. If
>> > someone
>> > > > wants to be a chat room administrator, list administrator,
>>newsletter
>> > writer
>> > > > or whatever and charge a fee for that service then, by definition,
>>that
>> > is
>> > > > their chosen profession. If they have chosen an alternate
>>profession
>> > other
>> > > > than trading they should not profess to be professional traders...
>> > >
>> > >
>> >
>
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