Whoa, that was a "mighty" loooooooong post ;-)
...and just when I thought I had "learned ya" to remember
to make things nice and consice.
( and to be "short" more , once in a while !)
Those items on your list are always
a priority for any trader to keep
focused on & remember, which even many
experienced traders often do forget
in the heat of a market day...
(always good to have ready council, support,
and feedback available, which you are
always there to lend )
The value of a good trading room like yours, IMO, the
building of confidence & experience , tracking stocks, having many eyes on the market , being updated often immediately with breaking news & events , having other traders advice and "reads"....intra-day charting updates,
Tick & Trin..... plus learning to not forget
those rules each day in
actual trading.
It's also to encourage and insist that people get the best trading tools ,
hardware, Isp connections and brokers they can find .
(Though with a less frequent trading approach, as
in waiting for sell-offs or tops , one can
also swing very nicely in the market
and can get by with a bare-minimum
platform just fine ....just a matter of "style")
Yet anyone that thinks they are going to be able to pay
for a trading service and get spoon~fed plays made
to them everyday without actively being
involved with their
own independent research , follow-ups ,
and knowing the trading habits of
any stock in play is asking for
difficulty.
Are you the Real~McCoy Jerry ?
Well your hell of alot more honest and conservative
than many, with a wealth of experience, strengths
and market skills.
It is my opinion that trading rooms such as yours and Jenna's can be extremely valuable even to those newbies
who would only wish to pay the membership ,
taking time in the interim to get squared away with setting up the right platforms connection and brokers, and just mainly paper-trade and learn the fundamentals....and still benefit in the end.
Mr Market is never going to leave anyone back
in the dust or sitting on the docks
just yet . There will always be
money to be made in the markets. <g>
Patience ,proper allocation , trading less frequently
throughout the doldrums, playing the am gap-ups & reversal
periods, shorting/scalping, remembering to use stops, and finishing up the day with the proper reads of the "trend" are valuable skills
that come with experience and can be learned by anyone
subscribing to your trading-room email service, IMO.
**Many traders do not have the confidence skills or experience in shorting , but many many are interested now in learning this extremely valuable trading technique , that completes them as a well rounded trader.
I can only say you work very hard doing your research and charting , a very stable and usually conservative player
that doesn't ask anyone to take inordinate risks with their capital.
The Trading room atmosphere is warm , alert , and amiable
and you yourself are getting more an more accurate with
your judgments and calls.
You just finished one very superb week that any trader in "Da room" should have easily
paid his or her subscription, the very minimum
for 1/4 to 1/2 the rest of the year....
It is a tremendous undertaking , but contains more advantages than the average "chat rooms" like the SI/Raging Bull or Yahoo interfaces, with the tremendous excesses of postings , lack of speed of communication and the questionable veracity & anonymity of so many that post there.
Much continued success with the room Jerry .
Don't know
if your related to "The McCoys" , but you
are definetly for real !
;-)
*Ya even make a nice contrarian~indicator
once in a while
too!
hehe |
