[MadMarketScientist]

Ok I see a ton of threads degenerating into a 'vendor' bash ... so here is a thread for all of you to give your opinion on vendors. I'll be reviewing this thread for feedback. And if I see good threads going down a wrong path, I will also be moving offending posts here so people can continue those discussions outside of the main thread.

thanks!
MMS

[electroniclocal]

These discussions are like a religious argument.

We are all looking at the same movie, the same maze, the same probloem to solve - whther to buy, sell, or do nothing. Some of us are more visual, some more numerate, some a combination of the two.

And like Uma and Steve here, we are competing in the markets against each other, zero sum game (the brokers always win).

There are many ways of finding the solution to the "problem" but the takeaway from all of this is that a successful trader finds a methodology, back tests the heck out of it over many different markets and volatilities and then creates a trading plan. The key to all of this is the use of the technology we have available to us.

With the risk of adding my own pee to the fire, I must say that what I see is the key to bringing more traders to CP (consistent profitability) is what I have been moving my focus to more in the last year with my students, the use of technology more. To use the tech nology to identify instantly, those backtested high probability trading pictures that meet a trader's TP (trading plan) so that either they, or their algo, can respond with instrant trade execution after the instant trade recognition.

The real holy grail is the competant use of the technology. It's simple but not easy as the saying goes, but also, its worth it.

And guys, you are coming to the party too late with these "early" warnings. If you had read my blog for the last few months as my students and others have done, then you would have seen what was coming, what was happening and why.

EL

[clmacdougall]

OK, this is becoming laughable. What is this a monster truck rally? Firstly "electroniclocal" you are a vendor selling your upcoming seminar for what is it, $5000 for the 3-4 day seminar. Next "steve46" you too are a vendor who gets paid to teach others trading and lastly "UrmaBlume" you too are a vendor wanting $1400 per year for your tradestation indicator package add on.
This is becoming a bit much!! I mean I appreciate good theory, but the self promotion is getting a little thick. So we would have had it all figured out if we had been reading your blog which leads us to need your overpriced seminar? I don't think so.
When you've got the theory figured out you could trade profitably using an abacus. Electroniclocal, your contribution to TL has been pretty weak, to try and use it to fund your seminar habit is shameful.

[Tams]

Originally Posted by electroniclocal »

These discussions are like a religious argument.

We are all looking at the same movie, the same maze, the same probloem to solve - whther to buy, sell, or do nothing. Some of us are more visual, some more numerate, some a combination of the two.

And like Uma and Steve here, we are competing in the markets against each other, zero sum game (the brokers always win).

There are many ways of finding the solution to the "problem" but the takeaway from all of this is that a successful trader finds a methodology, back tests the heck out of it over many different markets and volatilities and then creates a trading plan. The key to all of this is the use of the technology we have available to us.

With the risk of adding my own pee to the fire, I must say that what I see is the key to bringing more traders to CP (consistent profitability) is what I have been moving my focus to more in the last year with my students, the use of technology more. To use the tech nology to identify instantly, those backtested high probability trading pictures that meet a trader's TP (trading plan) so that either they, or their algo, can respond with instrant trade execution after the instant trade recognition.

The real holy grail is the competant use of the technology. It's simple but not easy as the saying goes, but also, its worth it.

And guys, you are coming to the party too late with these "early" warnings. If you had read my blog for the last few months as my students and others have done, then you would have seen what was coming, what was happening and why.

EL

YOU are not adding to the discussion, and I do not appreciate that.

You sound like a desperate vendor, bitter about the success of your competitors.

If you want any respect around here (even as a vendor), you should start your own thread and start to share something of substance.

You post leaves a bad taste in your mouth.

[Deusomega]

All the vendors are a joke. Couldn't trade themselves out of a wet bag. Anyone who buys into these guys are simply ignoring millions of years of evolution and common sense lol.

On EL's website "Algo and Hybrid Trading Workshop - Beat the HFTs "

"Learn To Create An Algo And Learn How To Trade With It"

Really?!? In one workshop you are going to teach people who may or may not have any experience with markets how to create an algo and beat high frequency quants? Who have years of academic and practical experience.

Such garbage. And btw no one trades in pits anymore think of a new internet marketing tagline.

None of the posts from steve, EL, or Urma relate any usuable info rather all of it is basically vague generalities and trash.

It's funny because what first started as shameless self promotion by one vendor has turned into a vendor party with a touch of vendor d#ck measuring contest.

[electroniclocal]

The taste in my mouth is fine thanks, Tams.

I just was pointing out that giving an early warning before the fact is a little more useful than giving an early warning after the eventa has happened. And I'm not an unhappy vendor at all. Feel free to put me on ignore as I have you.

[clmacdougall]

Originally Posted by electroniclocal »

The taste in my mouth is fine thanks, Tams.

I just was pointing out that giving an early warning before the fact is a little more useful than giving an early warning after the eventa has happened. And I'm not an unhappy vendor at all. Feel free to put me on ignore as I have you.

Hows about we feel free to refute you and warn others of your less than selfless ambitions of getting into their pockets. You sir have no shame!

[clmacdougall]

What does the Chinese government demand from international companies who wish to use their workforce?
"Intellectual property"!
You must leave something of substance in the country in order to have your goods made there. TL must become the same. A vendor must be made to leave substantial theory with this laboratory before they are allowed to promote themselves. If you're not a part of this community you shouldn't be able to attempt to leach from it.