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I am new to this board but is this really what happened here? Beth from the millions thread took someone else's trading system and packaged it as her own or is she in partnership with the author's? If its the former, why wouldn't that be cause for banning her from here? Everyone was congratulating her on thread for her new venture so i assumed it was above board.
Most of the trading systems out there use indicators that are freely available everywhere. Did the Turtles have any magic indicator, to produce their astronomical returns? Or did they just use a new high / new low indication with a trailing stop?
Beth did not take anybody's trading system and used it, but she just modified a few well-known indicators and put them together. That is exactly what everybody does. Those who pretend that they have unique secret indicators are just lying to steal away your money.
I have no clue, whether her system works or not, but it is certainly not stolen from anybody else.
No reason to be jealous. Or did she use any indicators for which the intellectual property belongs to you?
No she took nothing from me. I was just asking because in her thread she implied she was using the Wizard's grail system from this board or so i understood. I have little issue if she adjusted it for a new system but if she just repackaged what she got from this board and sold it as her own, yeah i do have a problem with that. It may not be a legal intellectual property issue but i certaintly think its a breach of trust and i dont believe anybody intended to share ideas for that purpose. Just my .02. If she is in partnership with the authors, than that be different as well. I figured i was missing something here.
Chill haters. At least Beth is transparent. Those that have been around a while know she means well. There are tons of other websites selling systems using standard indies.
And just to be clear. If it is her own system even with standard indicators than all the more power to her. I hope she is successful. I think that would be a tribute to this board.
I disagree. A tribute to this board would be for her to start a new thread with her indicator secret sauce and trading method, perhaps enlist in Big Mike's education contest and simply share with everyone here what she has learned.
If it weren't for the generosity of others on this board, there would be no EZColorTrading. She is a classic Taker, not a Giver. Some see her as an opportunist...I see her as a fraud trying to turn a quick buck. There is also a blog she hosts..."southinkucantrade" or something like that. Well, Beth, we now KNOW that you can't trade, so what are you doing trying to teach others?
Please don't misunderstand. Many people on this board like @Fat Tails write tons of indicators for people and give invaluable advice to them at no charge. Big Mike created this site for traders to share information, and for the most part that's how it works.
No one is accusing her of breaking the law and though we all wish her the best ... it is kinda funny considering all the threads where we debated whether people selling systems or training classes actually were accomplished traders or not ... and then to have one of our own... who's dubious trading record is available in her old thread for anyone interested ... starts selling things that were created for free on futures.io (formerly BMT)... we can't help but chuckle...
Dang it @Fat Tails... if you would just publish some of them top secret things you wrote and selfishly kept to yourself ... just because you spent time, money and sweat equity to build it, test it and use it... I could go make a ton of money ... and not hang out here irritating you all day ... btw... where is that indicator I asked you to change the color , add arrows and an alarm that meows like a cat.... I got big orders for that one...
"Not intended to be a factual statement" John Kyle Senator Arizona
Disclaimer: This post does not represent the view point the owners, managers, or moderators of this web site and is not intended as a slam against any moderator, board member, any banned former members whose name we dare not say, any other living person, any recently living person or any person or persons whose status we are not sure of and especially not for any platform vendor with a questionable product and a pit bull lawyer. This post is meant purely for entertainment and should not be confused with a real thought.
I am not a programmer, coach, trainer or self appointed guru and do NOT hold myself up to be a good example for anything. I do not have a book, trading room or seminar. Even though I have an opinion on every subject you can imagine, I do not give financial advice. Have a professional review any code you receive from me before you trade real money with it. There is a high risk of loss trading futures. I am not responsible for any losses incurred trading real money with any code you receive from me . Nor should I be held responsible for feeble attempts at humor at your expense in exchange for writing free code for you.
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"