These posts were just relaxation on a day off on a Saturday after a terrific week with Spydertrader in Tucson. His introductions to shorts in equity instruments and how the equities PVT is a template for commodities were just two of many super items on a very long list of contributions. I have only one committed project to do on ET. Certainly as the alternative to the former CW paradigm on ET got established, the hit rate for Barron continued to get better and better. The hit rate that is provided at this point is the dominant theme of ET. It will be a good idea, at this point to extend the PVT and SCT stuff into a couple of new arenas and they were put on the table publicly in Tucson. Maybe you will be one of the people who conveys such to ET. Looks like the road show is starting as well. Chicago based platform folks will be getting our input for doing some refining (who knows maybe one set of platforms will have it all in a year or so) when we visit and a New York in house home and home is being scheduled with the PhD's. Also, we find that the Don Bright public service training approach is a standard that knows no equal in application for transference. What I can't do on ET has been done better than anyone could hope for. A resource has been built by a 24/7 type attention and superb support no matter what level of repition was required. The hit numbers show the strength and importance to members of this multithread collection contribution spearheaded by Spyder's Journals. There is no other matching resource in ET. Luckily, I am the diversion that is so attractive to the distaff component of ET. This set of puppets apparently dance to my tunes by their own initiative to be smarties. So I get a continuous opportunity for laughs and sometimes people entertain themselves counting words moderators guard against. The SCT logs were running at about 20 - 25 points an hour (per 10 ES contracts) last week. I'm sure you are performing at a money velocity greater than this. Tucson and the people here in Tucson are my peers. It is definitely a group of interacting and great people way beyond what has been documented elsewhere. Everyone who comes into the group is welcomed and helped out on a peer basis. A lot of work goes on and the mix of people old and new give us a super vitality. It is the mix of the two groups Spyder depicts; some have chosen to make money and others have not, so far. They all attend and how people come to decide to get to work is unique for each person. One of the great and profound things ET proves is how people from all over the human map form into two groups. As Spyder says:"some choose to make money and some do not choose to make money". Those that do in the ET forums are recording profits at several hundred percent a year. Those who read about it and take notes get to a place where they can see and understand each poster, see the vantagepoint of each poster and understand why those who do the work get to learn to make money and why those who do not do the work do not get to learn to make money. The journals show completely the difference in reading books and going to workshops as opposed to doing the process of learning to make money. Anyone from anywhere and of any background can simply go through the journals the number of times that person requires and wind up with what is needed to make money and at a rate that is unbelievable by conventional wisdom standards. It is just a fact now. Everyone in ET has an example of a person making a scratch start, doing the work, making the money and coming on to ET with a desire to "pass it forward". He HAS passed it forward. Others are with him passing it forward. Spyder is a person who is a 24/7 guy that sees the value in helping others by sharing what he has. ET is very lucky that he has chosen ET as the place to be in his life at this time. Spyder also knows how to make other spyders and I am most thankful for that. So now the cycle will repeat for several more money making constructs that apply, by template, to other opportunities than the equities markets.
Well, that's all just great! And apparently your health is better, because now you can type and spell (or more likely you have an amanuensis). I assume you lurked while you went cold-turkey on posting. Soooooo dull without you.
Hi I'm new, well anyway... I just wanted to say that grob, almost no one reads your posts, even those who try to read them just because it all sounds really smart. Well I should of figured out it was from an older person. In business, and that's really the best example I have, people want it to the point, brief. It's possible to pack substantial meat into a sentence or two, try it sometimes. The wisest things a person can say can be a few words long. Because anyone under time constrains sure isn't going to read those posts of yours that can be easily cut by 1/4. Why do I care? Maybe because I hope one day to really value your opinions, right now I'm angry just from the excessive scrolling I have to do to dodge your posts.
Sorry, couldn't resist. EDIT: that is the main reason I opposed the word DUMB, I would have said thick-skinned or persistent or believers in keeping trading as simple as possible, etc.
Renegen, you would do well to reconsider and read his posts aloud to yourself. Do so in a confident, authoritative, fifties Ivy League accent. Then the hidden meanings will be revealed to you. I also encourage you to purchase a six inch ring binder and start printing, cross-referencing, and analyzing his posts, especially those as Jack Hershey. Eventually you will find both activities to be heuristic in unexpected ways.
Being new, you probably haven't put me on ignore. Put me on ignore as soon as you find out how to do it. There is still one small drawback; some people hit quote to respond to me. Unfortunately, even if you have me on ignore you will find, in quotes, something I have previously posted. When writing for publication I use Strunk and White and the Chicago Style Guide. One such publication that focussed on starting up a new kind of business in the US at the time of its publication (over 30 years ago), sold 400,000 copies in four months. Imagine for a moment all those readers who got the publication as a consequence of WOM since there was no advertising. In the last four years, the production in that business application, doubled. I'll just have a laugh every time I think of you starting your car to go somewhere. You can drive as far as you want and take as much time as you want. Everyone else you see on the road is being affected the same way you are by that business production. It was my 30th book. There are thousands of people like you who wouldn't touch anything I recommend with a ten foot pole. The ignore button is a tool you need to learn to use and make me your first ignoree. my other handles when I was banned were Jack Hershey, and bubba7.
Do not make us partners in your war with Grob, fight your own selfish war. I enjoy what he wrote. Nothing with people sharing something positive. Not everything is to the point, and it is easier if you do not want to read someone else's stuff to ignore it. Why log on to ET if under time constraints, why not finish with what presurres you at the moment and comeback to ET when you will have time to read.
Great post Africatrader. This could be an eye opener to most traders. I think alot of traders need to keep their trading methodology simple and stop complicating it. The market doesn't make you go broke, you make yourself go broke.