The FTC might also say that you are trading on your own inside information. Make sure that you disclose your position, if any, and any intended trades.
Some writers have gotten into trouble this way. --- In [email protected], <[EMAIL PROTECTED]> wrote: > > TomC, > > I think that you are right. I would not sell my trading program because I think that it would be useless when more people use it. I make too much profit on it. However, I was thinking about selling a service which would email alerts to my members. However, if I had 100 members and they all bought at within 5 minutes, it would probably drive the price of gold up about $5 or $10. Since I would have bought first, I would make a lot of money by just selling as soon as gold goes up because my members are buying. Now, the price drops $10 back to where is was. I have a lot of unhappy members who will quit my service. > > This is not only a bad way to do business, it is dishonest and like stealing. That is why that I believe that in most cases, someone with a profitable program would not sell it. > > Tom > > > ----- Original Message ----- > From: TOMSTI > To: [email protected] > Sent: Friday, August 01, 2008 5:53 PM > Subject: RE: [amibroker] Re: Futures or stocks? > > > > I'm not trying to be funny here, but is there a system that one can buy that works and allows the making of a profit. It seems that if someone develops a winning system, they would be able to make their money using it, rather than selling it? I would love to buy a system that would help my trading. > > > > TomC > > > > > > From: [email protected] [mailto:[EMAIL PROTECTED] On Behalf Of brian_z111 > Sent: Friday, August 01, 2008 5:35 PM > To: [email protected] > Subject: [amibroker] Re: Futures or stocks? > > > > <snipped> >
