FredBloggs
Guest
Quote from Thunderdog:
I have two questions in response to this thread.
First, I cannot imagine for the life of me why anyone would disclose the manner in which they trade to others, especially anonymous others. Given the enormity of effort and personal commitment required to design a superior trading strategy, what possible motivation would anyone have to begin diluting it?
Second, what, specifically, have you learned from these traders? Did they disclose their methods of trading? And if so, have those methods actually already made money for you consistently, or will they begin to yield results any day now? And if it was not their entire methods that they disclosed, was it a few odds and ends; tidbits that helped you along the way? If so, please share what those tidbits are. Surely they are not secret, since you picked them up on these forums. I'm just curious to know what kind of information you picked up here that you could not have picked up on your own just by studying the markets. Really.
(As for me, I have found ET to be most helpful when it comes to matters of software and hardware. Period.)
my sentiments too.
however.....
i think many of the 'elite posters' dont necessarily have to reveal their methods. market knowledge of how the actual markets function is way more valuable than any method - which will have only a limited exposure of profitability anyhow.
so the real value comes from market knowledge/experience, and also the mental sides of trading - self-control/awareness. this is something i think jack is good at.
the truth is though, that few people, and i mean VERY FEW people actually have full acknowledgement of the FUNCTIONS of an exchange v say an otc market, the structure of trading, and the goals and income streams of those who adept in the markets. those that do know aint giving it away easily. why should they? most people could figure it out in a few weeks if they applied themselves properly (but then there is still the mental issues to deal with).
also.....
if i were to reveal a method that reliably gave an average return of say 2% per day, this does not mean any of you could make 2% just by following the simple steps.
also....
tidbits you ask! how about this.....
discipline & positive thought.
something we have all read a 10000 times. it aint new. yet most chose not to practice it. instead, it is more fun, and seemingly more gratifying in the short term to take the piss out of eachother. in the long term, it is counterproductive (as profturf kept reminding us) and mostly unprofitable.
yours,
pissfest