Hi,
Interesting post.
<...jenna has exhibited a strong knowledge for the market, and more often than not, posts her trades "live", gained the trust and admiration of many, and has maintained a professional approach to her thread...>
You are right about this. I have been a Market Gems subscriber for a long time, and a faithful reader of the Market Gems thread on SI(the thread itself is particularly rewarding, because of the posters' commitment to the process of learning and to successful trading...several of them are very, very good). What I pay for my subscription is a mere pittance in terms of the return.
In a real sense, being a subscriber means that I delegate a portion of the preliminary activity in my work as a trader to a professional person, in this case another trader, and her technology. Both have proven track records. In reality, one could say that I employ Jenna to do some work for me. Looking at it in this way, I also employ pcquote to deliver a variety of real time data for me. I also pay some major, and lesser known, print and online publications to deliver important information to me. This is part of my responsibility to myself as a trader: to avail myself of the best that I can, and to efficiently organize my work life as best I can.
About SI: overall, I think it does a good job. Like all else in life, the good and the bad, or the excellent and the mediocre, are never always clearly separated. We are responsible for learning the distinctions, for simply aligning with the one, and avoiding the other. Conscious choice makes the difference in all things.
Myself, I would not want to do without SI. Another site which means a lot to me is the wall street investor, often referred to as "Glenn's site." There are many good traders and sincere people posting there, and it is also a place where a lot of information and experience gets shared.
Best, Charliss
PS: I lived in Seattle once(now in New York)and loved it there.... |