Hi Jim,
well you have certainly stirred the pot with that post
"ALL seemingly profitable systems eventually collapse into loss."
What is the longest period, that you know of, that a systematic approach has been profitable? I'd be interested to learn...
Without a systematical approach to finding selections, and backing them, I dont see how anyone can possibly produce long term profits. This applies equally to using ratings...and applying a systematic approach to best using them..
maybe i'm misinterpreting what you are writing..becasue unless I am, you are saying that no one can make money in the long term...bookies included..dont forget bookies are betting on horses too....
" Can even one person out there tell me why someone who knows of a "genuine, permanent" profit making method of punting would tell ANYONE about it? And then proceed to ask money for it?"
Jim, I just dont buy that
.."why would someone sell a winning method?" line. If that was the case Don Scott would never have written his book... and I have given one example where a selection method was given away freely. Not everyone in this world is driven by personal selfish needs...trust me...For some it is ego..for others it's an inability to keep a secret for a long time, and for others it is purely just to help out fellow humans..
I am the first to agree that there are people out there who develop systems for the sole reason of making money by selling those methods...but that is a totally different story in my book. I admit that it certainly gives methodical approaches a bad name.
All the best Jim
Cheers