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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (26179)9/13/2002 9:51:12 AM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
Market not happy here...consumer sentiment numbers out???

TC



To: Dr. Stoxx who wrote (26179)9/13/2002 10:02:18 AM
From: MeDroogies  Read Replies (1) | Respond to of 39683
 
The key is to not try to be big and over saturate. Pristine is bad because they want everyone to use their system, which is bad for the system itself.

Once your website is up, you can pretty much put it on auto pilot, because the system you've devised will take care of itself. Your job would simply be daily/weekly updates...or tweaks.
Depends on how you look at it. A book can make you alot of money quickly, but dilute the system. A website can provide an annuity, if managed properly.



To: Dr. Stoxx who wrote (26179)9/13/2002 10:35:52 AM
From: Ken Adams  Read Replies (2) | Respond to of 39683
 
Do the book. You'll sell a bunch of 'em and by the time we all start using the ideas, the market will make chumps of us and we'll need you to write a second one that matches the market at that time.

Years ago I spent months developing a trading system for the OEX. It was incredible. I shared it with my brother, who had never trade anything but marbles. We both make great trades... for about 2 months, as I recall. Then, the market complexion took just enough of a change that the system went to hell. My brother quickly lost $2000 before he called me to see what was going on. I felt like crap for not warning him about this possibility earlier.

Moral... nothing is forever. Have fun! Write the book.

Ken