Ok Joe..we might as well get this squared away right here and right now...it's taking time out of my rest period tho...
First of all, it's obvious to me you do not have a clue as to how to daytrade the markets...you've even said so yourself...your a beginner..a newbie, a wannabie...
so you take the free trial, and you lose money??? well it was stupid on your part to enter any trade without some basic knowledge of what the hell to do before the fact not after...and at the very least, watch the action, the triggers, and write these calls down to see the end results before you blindly took that risk...and certainly for the week trial..till you got your feet wet...
it's surprising to me, what with all those diploma's you have that you dove into the abyss so fast and blindly too boot...right away i now see you have an emotional fight on your hands..those demons i speak about each and everyday..
we all have them, and we all fight them...it's eveident in your posts too...emotions will kill a trader..dead...
now let's address those THOSE OTHER SERVICES, you spoke about...well joe, the only other place i moderated a real time room, was as a partner in the Pristine Market Gems trading room...some months ago...i was not an employee there joe...and my departure no matter what you were told, was my business, and my business alone...i will never devulge to you or to anyone exactly what went down there..Suffice it to say, what ever you got, and from who you got it..means totally zero to me...there are always two sides to every story joe..and you'll never know mine..it's between Jenna and me...
as for Teresa Lo?? we had a plan as partners, that room was always mine alone joe...it did not work out..and we parted friends..in fact i've sent numerous people to her training classes, and suggest you take the very next one in Feb...it will help you move forward in your quest to be a good trader...
as to these publications???? so you think when a person gets "published" he/or/she becomes credable huh???..you really believe that right joe???..well i have to tell you..thats pure bullshit..there are so many books out there on trading, investing, ad nausem that are so full of holes it would make your hair stand on end, and of course because you ahve no idea of what they are talking about yet..you probably just believe them outright......most of these so called Wall Street Gurus..couldn't trade the markets if their lives depended on it..not a chance joe...they just jumped on the band wagon and made bookuu bucks writting that wonderful book..
and yes joe i'm going to write one too, it will be the real macoy pal.....as for that interview with Active trader Magazine..those were my exact words as transcribed to the writter..he knows zero about the markets or trading...and of course i did not seek the magazine out joe they came after me, as did Forbes.com...2 very smart guys also from Wharton joe..maybe you know them they're right here in Phila...i am doing a 2 hour phone conversation as the last part of my take on the markets next week..if they use me in their book so be it..if not?? say la vie....but is was flattering to me to even be included, and more over that they watched me for so long???
now joe..here's what you need to really address...
1...WHO ARE YOU?? AND DO YOU KNOW YOURSELF EMOTIONALLY?? AND WHATS YOUR GAME PLAN EACH DAY BEFORE YOU TRADE THE MARKETS???..ARE YOU DAYTRADING??? SCALPING SWING TRADING, WHAT???
2...HOW MUCH MONEY DO YOU WANT TO MAKE EACH DAY..OR TODAY!!! WHATS YOUR EXIT STRATEGY...HOW MUCH IS ENOUGH???
3...WHAT TOOLS DO YOU BRING TO THE TABLE EACH DAY YOU TRADE..DO YOU HAVE A TOP END COMPUTER WITH HEAVY RAM, ARE YOU PAYING FOR A CABLE MODEM OR DSL LINE, ARE YOU PAYING FOR QUOTE.COM QCHARTS, ARE YOU PAYING FOR ANY OTHER ADVISORY SERVICE..DORSEYWRIGHT.COM..BREIFING.COM..CARPINO/HAHN ETC ETC...ARE YOU SPENDING THE "MUST MONEY" TO AID YOU IN YOUR QUEST????..
4...CAN YOU UNDERSTAND CANDLESTICKS, POINT & FIGURE CHARTING, AND CAN YOU IDENTIFY INTRADAY MOVEMENTS IN YOUR REAL TIME CHARTS FOR BUY AND SELL SIGNALS...
5... DO YOU KNOW WHAT A TEEND DAY DOWN OR UP IS JOE??? AND HOW TO IDENTIFY IT...DO YOU HAVE A REAL KNOWLEDGE OF THE MOVEMENT OF THE FUTURES, THE S&P'S AND THE NQ'S, AND HOW THEY AFFECT YOUR TRADING THE MARKETS AND YOUR STOCKS...
6...WHAT IS YOUR CURRENT KNOWLEDGE OF USING STOPS..BOTH BUY AND SELL STOPS..AND WHERE TO PLACE THEM AND WHEN TO PLACE THEM FOR MAXIMUM CAPITAL PROTECTION AND MAXIMUM PROFITS..
7...WHAT IS YOUR KNOWLEDGE OF GAPS UP AND DOWN, AND HOW TO TRADE THEM EVERY SINGAL DAY TO YOUR ADVANTAGE...DO YOU WATCH AND UNDERSTAND TICK AND TRIN, AND THEIR DIVERGENCES???AND HOW TO USE ALL THIS KNOWLEDGE FOR YOUR BEST RESULTS...
8...WHAT ABOUT TIME REVERSALS DURING THE DAY, AND HOW TO TRADE THEM??? WHAT DO YOU DO DURING THE LUNCH TIME DOLDRUMS?? EAT LUNCH?
9...WHAT ABOUT AN UNDERSTAND OF SUPPORT AND RESISTANCE AREAS BOTH ON THE DAILY CHARTS AND INTRADAY..DO YOU KNOW HOW TO DRAW LINES TO HELP YOU MAKE A KILLER TRADE...
10...AND FINALLY....SINCE YOUR SO HELP BENT ON KNOCKING PEOPLE LIKE MYSELF AND OTHER REAL TIME ROOMS BECAUSE OF THE FEE'S AND PROMOTIONS ETC...I THINK YOU SHOULD RE THINK WHAT YOUR DOING AND SAYING...NOT THAT YOU DO NOT HAVE THAT RIGHT..BUT FIRST BRING SOMETHING TO THE TABLE ABOUT YOU JOE...WHY SHOULD ANYONE LISTEN TO YOU??? WHO ARE YOU JOE..AND WHAT IS YOUR REAL NAME???
MINE IS JERRY OLSON...
last thing joe...i twist no one's arm to be a room member..not my style...i work 60 hours a week joe from 6.00 am est the 5.00pm est and some on the weekends trying to find the right stocks to trade...thats maybe 60 hours a week...total 240 hours a month...i send this e-mail out to all my subscribers and free trialers every single day..it's hard work, but i love it..every single minute of it...
so if you feel thats too much of a price to pay me..then so be it..but you sure could do a lot worse elsewhere...SI is not a place to daytrade..forget it..it's place to enjoy a virtual community exchanging views on everything under the sun..but not daytrading the markets for living...not in this lifetime..
well anyway joe...i'm going to shower, and shave and get ready to take my wifey out with friends here in the city..
you have a good weekend
warm regards
jerry |
