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All,
Does anyone have any thoughts on whether sharing, or even selling a
working, profitable system to the "masses" helps or hinders the system's
performance? I think a lot of traders and investors would be willing to
share (read: brag a little <g>) IF they were certain that doing so would
not dilute the effectiveness of their system. Comments?
Ken
On Thu, 18 Sep 1997 11:49:14 -0700 David_Radtke@xxxxxxxxxxxxxx writes:
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>Read the book "Reminiscences of a Stock Operator" by Edwin Lefevere.
>Trading is a one man operation, and by no means do you tell anyone
>about
>your position in the market. That's the way the game is played. If you
>don't like it, find another game.
>
>
On Thu, 18 Sep 1997 13:51:17 -0400 (EDT) Frank B. Gaylord:
>Andrew -
> Wishing it were not so, I'm afraid that it is common for our genre
>to
>*not* share their strategies. Jim Greening, who is very open in what
>he
>does and how he does it, is a bright exception to that dark hole.
>There
>are others here who, less frequently, tell us what they are doing and
>why
>they are doing it. I used to update my web site on a daily basis with
>full
>details of my strategy, but that has fallen by the way due to more
>pressing
>areas in my life.
> In my opinion, it is a basic fact that there are givers and there
>are
>takers, with far more of the latter. That is life. We all know of
>THMurrey and the various complaints he sourced. Whatever distraction
>he
>caused this listserve, he *gave* of himself, something I consider of
>great
>value.
> I'm glad that you brought this up and shared your strategy.
>Hopefully
>others will follow suit and give of themselves, even if that be a
>beginner's question, one that all of us who already know the answer
>asked
>at some point in the past.
>
>-- Frank :-)
>High Return on Investment using Technical Analysis
>http://www.usinternet.com/users/fbg/
>Minnesota Long Distance Canoe Racing
>http://www.usinternet.com/users/fbg/mnlong/
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