A number of good points have been brought up here , let me chip in if I may :
1) There is most definitely an undercurrent of jealousy , fear and ego on this and every other financial BB. This is not strange and this board is no worse than any other .
Human nature is such , and in the finance world , these traits are amplified more than in the real world. you can't change human nature
2) What can be do though is to encourage debate and counter debate - from vigourous debate can we learn more .
people can come and make whatever claim they want but it needs to be backed up with evidence of some sort otherwise it is hearsay and only that.
people will no doubt counter claims ( with good evidence hopefully ) which they feel are dubious and I think most of the board will want this - so they can make up their own mind as to what are the facts.
again what I said has been taken out of context & the point missed, I have had a negative vote & been labeled a ''pack dog'' for making an honest enquiry.
this is why I do not post on this website often & am beginning to regret this last one.
my question was asked because of a genuine reason & lack of understanding of the point u were trying to make, as i said 'I agree' with a lot of the points u made, but wanted clarication on the obvious strategy point u keep making...........this is no way intended as an insult..........just a question!......u r probably unaware of how some of your comments came across to some people ( me anyway) as I often make 'comments' that r misunderstood, but I am humble enough to accept that & clarify things when people ask me.
I find it a shame that u have considered this as an attack, it was not meant as one.
I believe if people open discussions & make statements ( nothing wrong with this) .......they should be at least willing to 'catch a few tomatoes' or answer genuine questions.
guess this is just my perspective, but I think the more enlightened we are , the more patient we should be with others & their questions...after all isn't this how we all learn at the end of the day & ' the only silly question is the one that isn't asked'
If u feel u do not wish to answer my initial question, I will understand, but still hope u can. I also hope we can exchange opinions without insult.
JayGE, with respect, you accused me of "dangling a carrot". And why should I (or anyone) be willing to catch a few tomatoes .. please! If some one wants to have a 'go' at me .. then if I choose I can and will give them both barrels - back. As it happens, like many other studious or serious players, I will discuss various aspects of trading strategies and disclose a lot of things I do; but I don't serve up the "holy grail".
I don't seek to know anyone else's own private system. Sure if they want to disclose all or part of it .. well its a free country. But I have no intention of revealing the "holy grail" .. save that I have already given the baseline answer: the Dow is a zero sum game. Let me say again that the term "holy grail" comes from Skimbleshanks - not from me!
There is a lot of "noise" on financial BB's. My advice to the level-headed curious: make you own contribution to a discussion and don't tell me or others what they can and can't say .. obvious manners of course. One of greatest pieces of nonsense - happens all the time - comes when someone demands that you back up what you say. By all means ask a question.. let the person asked decide if he wants to answer or not.
Best practice is to let contributors always decide to what extent, if at all, they want to back up what they say. Hell, you can have a feeling or an opinion without writing a treatise about it .. bottom line: life is too short to be jacking around bickering.
* One of greatest pieces of nonsense - happens all the time - comes when someone demands that you back up what you say. By all means ask a question.. let the person asked decide if he wants to answer or not. *
Actually it's called making good sense .
If I say to all - come on my course and you will for sure make 10 x your capital in a month , and I offer not one shred of evidence to back this up . people will rightly question my claim , and if I chose not to answer or give anything like a remotely honest reply , then they would be right not to take me seriously.
Give me 1 reason what's wrong with this ?
* Best practice is to let contributors always decide to what extent, if at all, they want to back up what they say. Hell, you can have a feeling or an opinion without writing a treatise about it .. bottom line: life is too short to be jacking around bickering *
And by the same token - you can back or not back up what you say , as long as you are willing to let others do the same - why cannot questions be asked of one's claims , I don't see anything wrong with that . surely you won't deny others the same laws of conversation as you would have ?
If it is a feeling or view about the market - why not say so ! I think very few would want to hear a treatise . a gut feel about market direction is a very valid reason , been done for years .
This is not directed at your system, which you have a right not to disclose , but at your comments highlighted.
yes I did say ''dangling a carrot''. & as this is how it appeared to come across, but I also said 'if I misunderstood'' ( as we all can sometimes) please forgive me.
I am not asking for claims to back up your system , nor do I want to know the details of your system, I work to my own strategy which I am happy with. what I was referring to was the way what u were saying appears to come across.
I put up the post because I would imagine there r many people searching these boards for info to help with their trading, so they can have a better quality of life for 'them & theirs'! & why shouldn't they. If u have found your '' holy grail'' I am pleased for u, but snippets of info like u posted could prove quite destructive for others searching for theirs. & as I said people who r more enlightened should have more patience & humility for those still searching.
I was just wanting u to clarify certain points, I was not 'having a go' !
I sometimes say things that are misunderstood & I am grateful when somebody points this out, who-ever it may be........then I know others understand me.
yes I know life is short, & I didn't join this site to bicker, just wanted a response to what I thought was a genuine & fair question.........I thought this was what open discussion boards were all about
JayGE, "snippets of info like u posted could prove quite destructive," you say. Come on, please (!).. are you some judge in the sky? Well, sorry, the position has not yet been vacated by the present incumbent.
If there are those who are lost but seeking to find out a better way of online trading, well operating traders - and not my relatively minor observations - have provided some good stuff, even in just the last few days. The lost or those starting should be grateful. They need to do their homework and research - lots of it! Become their own person, best of all.
But if, at the end of the day and as with anything else, you haven't got the personality traits to be successful - jack it in.
So stop bleating the same mantra. This BB is open to discussion - I don't control it. For goodness sake get off the pot and contribute something on the actual subject of this thread. I don't have the time!
Now have you got something more to say on trading strategy? It could be helpful to those searching for answers since you mentioned them.
Getting personal and venting hostility really are a waste of time .. you will have to keep those things for yourself, JayGE. And goodness knows what your initial query was? Poor soul .. do you even know?
Like I say, I don't have the time, but if you're all done now (at last) you could always try the subject of this thread .. helping and sharing with others, does that appeal?
I digress not one bit , unless you consider replying to your own assertions as digressing .
* Do you have anything to add to actual subject of this thread? *
you should ask this question of yourself , since it was your statements that I was replying or is it that you think that you and only you should be able to post anything without others questioning you .
actually , this is more important than the * Dow index * as a subject , since it addresses the core of what we are doing on this BB. You seem to be to want to say what you will without the same applying to others .