Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Other Topics > Business, Finance, and Investing
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #11  
Old 11-12-2007, 09:34 AM
kimchi kimchi is offline
Senior Member
 
Join Date: May 2006
Location: FU minbet
Posts: 1,246
Default 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.
Reply With Quote
  #12  
Old 11-12-2007, 10:13 AM
stephenNUTS stephenNUTS is offline
Senior Member
 
Join Date: Oct 2006
Posts: 964
Default 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]
Reply With Quote
  #13  
Old 11-13-2007, 02:51 AM
pig4bill pig4bill is offline
Senior Member
 
Join Date: Dec 2005
Posts: 2,658
Default 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.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 10:44 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.