#11
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Re: Stock Picker Program
I neither know nor care whether the designers of a system can run it profitable or sell it more profitably.
As Richard Dennis said about his turtle system back in the day "I could publish a full page article in the NY Times explaining the rules to my system and still people would not be able to follow it" (paraphrased). - and his system was really simple, although perhaps somewhat advanced in its day. Buying or designing a system that 'works' isn't rocket science. Using it, following the rules, and maintaining discipline and proper risk control is very difficult. I believe most people would lose money trading a system that has been proven to be profitable. |
#12
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Re: Stock Picker Program
[ QUOTE ]
I neither know nor care whether the designers of a system can run it profitable or sell it more profitably. As Richard Dennis said about his turtle system back in the day "I could publish a full page article in the NY Times explaining the rules to my system and still people would not be able to follow it" (paraphrased). - and his system was really simple, although perhaps somewhat advanced in its day. Buying or designing a system that 'works' isn't rocket science. Using it, following the rules, and maintaining discipline and proper risk control is very difficult. I believe most people would lose money trading a system that has been proven to be profitable. [/ QUOTE ] I believe most people would lose money trading one of these systems that has been "proven to be profitable"...lol.....even if they had TOMMORROWS newspaper [img]/images/graemlins/smirk.gif[/img] |
#13
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Re: Stock Picker Program
[ QUOTE ]
I neither know nor care whether the designers of a system can run it profitable or sell it more profitably. As Richard Dennis said about his turtle system back in the day "I could publish a full page article in the NY Times explaining the rules to my system and still people would not be able to follow it" (paraphrased). - and his system was really simple, although perhaps somewhat advanced in its day. Buying or designing a system that 'works' isn't rocket science. Using it, following the rules, and maintaining discipline and proper risk control is very difficult. I believe most people would lose money trading a system that has been proven to be profitable. [/ QUOTE ] Exactly. From some of the responses here, I wonder if you people have ever bought a stock in your life. There certainly seems to be a lot of systems experts here that have never used any systems. |
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